$53,891
Avg. Salary
$20.70
Avg. Hourly Rate

Average additional compensation:

$3,057

Bonus

$2,000

Profit Sharing

$19,518

Commission

What am I worth?
How should I pay?

The average pay for a Retirement Plan Specialist is $20.70 per hour.

The average pay for a Retirement Plan Specialist is $53,891 per year.

10%
$15.99
10%
$20.70
50%
$28.31
90%
90%
MEDIAN $20.70
10%
$39k
10%
$54k
50%
$82k
90%
90%
MEDIAN $53,891
$38,866 - $82,271
$39K
$54K
$82K
MEDIAN: $53,891
10%
50%
90%

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$15.99 - $28.31
$16
$21
$28
MEDIAN: $20.70
10%
50%
90%

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$0$86K
Salary $38,866 - $82,271
Bonus $513 - $14,580
Profit Sharing $887 - $7,891
Commission $1,014 - $59,180
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$38,238 - $86,790
  • Country: United States
  • Currency: USD
  • Updated: 12 Apr 2019
  • Individuals Reporting: 643
Hourly Data $0$41
Hourly Rate $15.99 - $28.31
Overtime $23.97 - $41.27
Annual Data $0$86K
Bonus $513 - $14,580
Commission $1,014 - $59,180
Profit Sharing $887 - $7,891
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$38,238 - $86,790
  • Country: United States
  • Currency: USD
  • Updated: 12 Apr 2019
  • Individuals Reporting: 135

Job Description for Retirement Plan Specialist

Retirement plan specialists are in charge of providing effective advice on plan options regarding retirement for individuals. They are responsible for providing sound financial-planning programs to interested parties. In addition, retirement plan specialists develop strong business relationships with individuals who need retirement planning advice, provide forms to customers, and guide people through the entire retirement financing process. These specialists also suggest new ideas for product and service development within their company, as well as research financial issues and recommend new retirement program options.

Read More...

Retirement Plan Specialist Pay By Employer

$0$46K

$43,238

Common Career Paths for Retirement Plan Specialist


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Retirement Plan Specialist Job Listings

Popular Skills for Retirement Plan Specialist


Retirement Plan Specialists report using a wide range of professional skills. Most notably, skills in Retirement Plan Administration, Oral / Verbal Communication, Microsoft Office, and Microsoft Excel are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include 401k Plan Administration, Investment Management, and Windows Operating System General Use. It is often found that people who know Microsoft Excel are also skilled in Microsoft Office.

Pay by Experience Level for Retirement Plan Specialist

Pay by Experience for a Retirement Plan Specialist has a positive trend. An entry-level Retirement Plan Specialist with less than 5 years of experience can expect to earn an average total compensation of $45,000 based on 165 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Retirement Plan Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $54,000 based on 115 salaries. An experienced Retirement Plan Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $65,000 based on 117 salaries. A Retirement Plan Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $79,000 based on 44 salaries.

Pay Difference by Location

14%

-2%

National Average: $53,896

Larger city markers indicate a job is popular in that location.

Home to some of the best pay for Retirement Plan Specialists, St. Louis offers exceptional salaries, 46 percent above the national average. Retirement Plan Specialists can also look forward to large paychecks in cities like Los Angeles (+34 percent), Denver (+32 percent), Cleveland (+30 percent), and Chicago (+22 percent). Retirement Plan Specialists in Scottsdale make 36 percent less than the national average, proving that location is a major factor in pay. Employers pay around 23 percent less in Phoenix and 9 percent less in Boston, below-median salaries for those in this field.

Retirement Plan Specialist Reviews

Q: What is it like working as a Retirement Plan Specialist?

Retirement Plan Specialist in Syracuse:
"Great place to live."
Pros: Lots to do
Cons: Snow

Related Job Salaries

Key Stats for Retirement Plan Specialist

Gender

Female
57 %
Male
43 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 169 votes.
Less than 1 year
5%
1-4 years
32%
5-9 years
20%
10-19 years
29%
20 years or more
14%

Experience Affects Retirement Plan Specialist Salaries

▲47%

▲20%

▲1%

National Average
$54,000

▼16%

Skills That Affect Retirement Plan Specialist Salaries


National Average
$54,000

Oral / Verbal Communication
▼4%



Customer Service
▼7%


Pension Plan Administration
▼9%


Investment Management
▼11%

401k Plan Administration
▼17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 169 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

Less than 1 year
5%
1-4 years
32%
5-9 years
20%
10-19 years
29%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 72%
vision benefits
Vision: 65%
no benefits
None: 14%