Downeast Pension Services Inc Salary

As of August 2026, the average annual salary for employees at Downeast Pension Services Inc in the United States is $86,578. This translates to an approximate hourly wage of $42. Salaries at Downeast Pension Services Inc typically range from $76,176 to $97,893 annually, reflecting the diverse roles and experience levels within the company.
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Is Downeast Pension Services Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Downeast Pension Services Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Silverback Home Warranty LLC $80,861
-6.6%
Silverback Home Warranty LLC operates with a leaner overhead structure, impacting base wage offers.
Wisconsin Lawyers Mutual Insurance Co $87,928
+1.6%
Indicates identical technical requirements and experience levels between the two firms.
Illinois Municipal Retirement Fund $94,974
+9.7%
Influenced by prevailing union wage agreements specific to Illinois Municipal Retirement Fund's sector.
Bcers $92,147
+6.4%
Driven by niche technical certifications required for Bcers's specialized projects.
Insurance Industry $123,858
+43.1%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Downeast Pension Services Inc

Considering a career at Downeast Pension Services Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The company provides a stable work environment in the insurance industry. Communication from upper management is frequent but could be more detailed. The insurance industry is complex, but the training programs prepare us well. There’s a good work-life balance, and career growth opportunities are clearly outlined.
Colleagues are knowledgeable and collaborative. The team is helpful, and management is fair. Benefits are standard for the industry, and the workload is consistent. There’s a strong sense of teamwork, which makes even busy periods manageable. Compensation is fair, with standard raises based on performance reviews. It’s a good place for those who value stability over rapid advancement. Colleagues a...
The company offers regular training and certifications to keep skills updated. The company has a supportive culture, and managers are invested in employee development. The insurance products are competitive, which makes client interactions smoother. The team is talented, and collaboration is seamless. Colleagues are professional, though social interactions are limited.

Downeast Pension Services Inc Overview

Website
www.downeastpension.com
Founded In
1992
Employees
<25 employees
Industry
Insurance
Headquarter Address
41 Campus Dr New Gloucester Maine ME 04260
Revenue
<$5 Million
Phone Number
+1 2076884219
Social Media
About Downeast Pension Services Inc
Downeast Pension Services, Inc. strives to provide the highest quality local service to our clients, understanding that each client has its own unique set of circumstances. We are independent of investment product sales, thereby offering objective advice. We understand our role as a TPA and work hard at maintaining great rapport with both the investment advisor and accounting communities to better

What Benefits Does Downeast Pension Services Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Downeast Pension Services Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Portland?

Understanding the cost of living near Portland is key to truly evaluating a salary offer or your current compensation at Downeast Pension Services Inc.
Portland's Cost of Living Index is approximately 110.8 (10.8% more expensive than US average; 9.2% more than ME average). Largest ME city, popular, foodie scene, housing costs significantly above ME avg. METRO bus, ferry. When planning your budget based on a salary from Downeast Pension Services Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Downeast Pension Services Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (METRO monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,085 - $4,855+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Downeast Pension Services Inc

1. What is the average salary for employees at Downeast Pension Services Inc?

The average annual total compensation for employees at Downeast Pension Services Inc is approximately $86,578. However, this is an aggregate figure, actual salaries can range significantly, typically from $76,176 to $97,893, depending on factors like job role, experience, and location.

2. How much does Downeast Pension Services Inc pay compared to Silverback Home Warranty LLC?

The average annual salary at Downeast Pension Services Inc is $86,578, or an hourly wage of $42, in comparison to Silverback Home Warranty LLC which pays $80,861 per year or $39 per hour.

3. What is the lowest salary at Downeast Pension Services Inc?

The lowest-paying job at Downeast Pension Services Inc is an Administrative Assistant with a salary of $42,288 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Downeast Pension Services Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Downeast Pension Services Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Downeast Pension Services Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Portland?

While some companies offer formal COLA, many, including potentially Downeast Pension Services Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Downeast Pension Services Inc?

Most companies, likely including Downeast Pension Services Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.