Five Lakes Professional Services Salary

Five Lakes Professional Services Salary

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As of April 2026, the average annual salary for employees at Five Lakes Professional Services in the United States is $91,652. This translates to an approximate hourly wage of $44. Salaries at Five Lakes Professional Services typically range from $80,621 to $103,660 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Five Lakes Professional Services

Ready for your next career move? Explore current job openings at Five Lakes Professional Services. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Five Lakes Professional Services’s Pay Competitive? Salary Benchmarking Analysis

How does Five Lakes Professional Services'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
Premier Health Plan Inc $93,202
+1.7%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Elderwood Health Plan $88,793
-3.1%
Elderwood Health Plan likely leverages performance bonuses over the high base salary shown here.
PowerGuard Specialty Insurance Services $113,549
+23.9%
Influenced by prevailing union wage agreements specific to PowerGuard Specialty Insurance Services's sector.
Tribute Health Plans $87,179
-4.9%
Tribute Health Plans may offer non-monetary perks in lieu of competitive base salaries.
Insurance Industry $123,858
+35.1%
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.

How Five Lakes Professional Services's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Five Lakes Professional Services. Click a company name to learn more.

Employee Reviews: Working at Five Lakes Professional Services

Considering a career at Five Lakes Professional Services? 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.
A fantastic employer. Managers are supportive and provide the resources needed to succeed. The company’s emphasis on work-life balance is commendable. Work-life balance is respected, and the office vibe is positive.
Commented in May 12, 2025
31
2
Team collaboration is encouraged, and there’s a real sense of camaraderie. A solid choice for those prioritizing stability over rapid growth. The company invests in employee development through training programs. There’s not much flexibility in role changes, but job security is high. Career growth opportunities are abundant, with mentorship programs and skill-building initiatives.
Commented in December 02, 2024
24
1
Managers are supportive, and the insurance products are well-designed. Corporate communications are clear, keeping everyone informed. Colleagues are knowledgeable and collaborative. A top employer in the insurance sector.
Commented in November 21, 2024
31
1
The compensation is fair, with bonuses and performance incentives. The insurance products are well-regarded, aiding client trust. The hybrid work model is well-structured and effective. A stable employer with standard industry benefits. Colleagues are competent, though interactions are minimal. The company offers good incentives and a healthy work environment. The office atmosphere is welcoming, a...
Commented in October 15, 2024
13
2
This insurance company stands out due to its employee-centric policies. Career growth is encouraged, and the work environment is inclusive. There’s a good mix of autonomy and teamwork. Compensation is competitive, making it a rewarding workplace.
Commented in March 03, 2024
28
1

Five Lakes Professional Services Overview

Website
www.fivelakespro.com
Founded In
2010
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
6095 Parkland Blvd Mayfield Heights Ohio OH 44124
Revenue
<$5 Million
Phone Number
+1 8779552537
Social Media
About Five Lakes Professional Services
Ranked #286 on the 2016 Inc. 5000, Five Lakes Professional Services is a leading provider of PPO management and dental consulting services founded in 2012. The company is based in Mayfield heights Ohio.

What Benefits Does Five Lakes Professional Services Offer Beyond Salary?

A competitive compensation package is more than just a salary. Five Lakes Professional Services 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Five Lakes Professional Services.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Five Lakes Professional Services, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Five Lakes Professional Services salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Five Lakes Professional Services

1. What is the typical salary range (low to high) for most roles at Five Lakes Professional Services?

The typical annual salary range for most roles at Five Lakes Professional Services is approximately from $80,621 to $103,660. 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.

2. How much does Five Lakes Professional Services pay compared to Premier Health Plan Inc?

The average annual salary at Five Lakes Professional Services is $91,652, or an hourly wage of $44, in comparison to Premier Health Plan Inc which pays $93,202 per year or $45 per hour.

3. Do salaries differ significantly between departments at Five Lakes Professional Services?

Yes, salaries often differ between departments at Five Lakes Professional Services due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Five Lakes Professional Services?

Experience level is a significant factor in determining salary at Five Lakes Professional Services, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Five Lakes Professional Services in Cleveland is fair given the local cost of living?

To determine if a salary offer from Five Lakes Professional Services in Cleveland is fair, first compare the gross salary to our data for similar roles at Five Lakes Professional Services and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Cleveland" to understand its purchasing power.

6. Why might an individual's actual salary at Five Lakes Professional Services differ from the ranges shown here?

An individual's actual salary at Five Lakes Professional Services can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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