| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Bush Thompson Insurance | $85,460 |
-2.2%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Heinrich and Co | $83,825 |
-4.1%
|
Heinrich and Co operates with a leaner overhead structure, impacting base wage offers. |
| Hutchings Agency | $100,638 |
+15.1%
|
Supported by Hutchings Agency's high-margin contracts allowing higher overhead. |
| BlueSkyRisk LLC | $85,270 |
-2.5%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Insurance Industry | $123,858 |
+41.7%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$85,460 / year
Salary Range: $75,196 - $96,624
Orange Park, FL
$83,825 / year
Salary Range: $73,748 - $94,771
Jamestown, ND
$100,638 / year
Salary Range: $88,547 - $113,794
Middletown, NY
$85,270 / year
Salary Range: $75,031 - $96,417
Park City, UT
$94,742 / year
Salary Range: $83,361 - $107,123
Stillwater, MN
$82,738 / year
Salary Range: $72,795 - $93,539
Oklahoma City, OK
$87,432 / year
Salary Range: $76,928 - $98,856
Mechanicsburg, PA
$82,348 / year
Salary Range: $72,456 - $93,100
Temple, TX
$101,546 / year
Salary Range: $89,344 - $114,818
Burke, VA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $700 - $1,050+ | A significant portion of Benefit Plan Alternatives Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $45 (TARTA monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $350 - $520 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $280 - $550+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $340 - $630+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $1,865 - $3,005+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Benefit Plan Alternatives Inc pays its employees an average of $87,411 per year. The average salary at Benefit Plan Alternatives Inc range from $76,910 to $98,832 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
The salary at Benefit Plan Alternatives Inc is higher than the similar company. The average annual salary at Benefit Plan Alternatives Inc is $87,411, or an hourly wage of $42, in comparison to Bush Thompson Insurance which pays $85,460 per year or $41 per hour.
In many roles at Benefit Plan Alternatives Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Toledo's Cost of Living Index is approximately 75.2 (24.8% less expensive than US average; 17.2% less than OH average). This significantly impacts the purchasing power of a salary from Benefit Plan Alternatives Inc based there. Our "Cost of Living Insights for Toledo" module details this impact, helping you assess the 'real feel' value of your compensation.
Benefit Plan Alternatives Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Benefit Plan Alternatives Inc" section on this page.
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