Trust Administrator Salary

Average Trust Administrators in the United States make around $54K annually. Total cash compensation to Trust Administrators approaches anywhere from $35K on the lower end to $89K on the higher end; in exceptional cases, this can include more than $10K from bonuses and upwards of $6K from profit sharing. Compensation for this group is mainly affected by residence, but the specific employer and tenure are influential factors as well. Most Trust Administrators like their work and job satisfaction is high. The majority of Trust Administrators (67 percent) who took the survey are women. Most report receiving medical coverage from their employers and the larger part collect dental insurance. The data in this summary comes from the PayScale salary survey.

$35,311 - $87,720
$35K
$54K
$88K
MEDIAN: $53,622
10%
50%
90%

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$13.99 - $33.93
$14
$20
$34
MEDIAN: $19.89
10%
50%
90%

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$0$88K
Salary $35,311 - $87,720
Bonus $495 - $9,933
Profit Sharing $0.00 - $5,152
Commission $1,600
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).
)
$34,639 - $88,374
  • Country: United States
  • Currency: USD
  • Updated: 19 Nov 2017
  • Individuals Reporting: 145
Hourly Data $0$49
Hourly Rate $13.99 - $33.93
Overtime $16.31 - $49.91
Annual Data $0$88K
Bonus $495 - $9,933
Commission $1,600
Profit Sharing $0.00 - $5,152
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).
)
$34,639 - $88,374
  • Country: United States
  • Currency: USD
  • Updated: 19 Nov 2017
  • Individuals Reporting: 34

Job Description for Trust Administrator

When families or organizations (such as charities) are in possession of large amounts of money, one option to protect those assets is to establish a trust through a financial institution. The institution is charged with investing and disbursing money in the trust as instructed by the original signatories. The person who oversees this activity is a trust administrator.

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Trust Administrator Tasks

  • Manage and set up the accounts associated with trust funds.
  • Ensure trust fund accounts comply with bank and government regulations.
  • Process and review legal and financial paperwork associated with trust fund accounts.
  • Provide customer service to clients, resolve client problems, and report the status of accounts.

Common Career Paths for Trust Administrator


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Many Trust Administrators transition into upper-level Trust Officer positions. Trust Officers earn a median of $62K per year.

Trust Administrator Job Listings

Popular Employer Salaries for Trust Administrator


Wells Fargo Bank offers the largest salaries in town — $73K on average.

Pay by Experience Level for Trust Administrator

Pay by Experience for a Trust Administrator has a positive trend. An entry-level Trust Administrator with less than 5 years of experience can expect to earn an average total compensation of $49,000 based on 118 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Trust Administrator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $55,000 based on 40 salaries. An experienced Trust Administrator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $71,000 based on 36 salaries. A Trust Administrator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $78,000 based on 15 salaries.

Related Job Salaries

Key Stats for Trust Administrator

Gender

Female
65 %
Male
35 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 28 votes.
Less than 1 year
7%
1-4 years
51%
5-9 years
16%
10-19 years
18%
20 years or more
7%

Experience Affects Trust Administrator Salaries

Late-Career
▲51%

Experienced
▲36%

Mid-Career
▲7%

National Average
$52,000

▼6%

Skills That Affect Trust Administrator Salaries

Account Management
▲12%

National Average
$52,000

Investment Management
▼14%

Microsoft Excel
▼31%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 28 votes.

Gender

Female
65 %
Male
35 %

Years of Experience

Less than 1 year
7%
1-4 years
51%
5-9 years
16%
10-19 years
18%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 70%
vision benefits
Vision: 57%
no benefits
None: 11%