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Group Savings Plan Salary

Group Savings Plan Salary

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As of August 2026, the average annual salary for employees at Group Savings Plan in the United States is $106,609. This translates to an approximate hourly wage of $51. Salaries at Group Savings Plan typically range from $93,734 to $120,671 annually, reflecting the diverse roles and experience levels within the company.
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Is Group Savings Plan’s Pay Competitive? Salary Benchmarking Analysis

How does Group Savings Plan'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
Al Boenker Insurance Agency Inc $97,980
-8.1%
Typical compensation structure for smaller regional agencies like Al Boenker Insurance Agency Inc.
Geny Insurance Group $92,189
-13.5%
Normalized for lower cost-of-living zones where Geny Insurance Group primarily operates.
Commonwealth Insurance Services $92,590
-13.1%
Commonwealth Insurance Services focuses strategically on recruiting and training entry-level apprentices.
Golden Memorial Careers $110,511
+3.7%
Data suggests Golden Memorial Careers's workforce skews heavily towards veteran, high-tenure roles.
Insurance Industry $123,858
+16.2%
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 Group Savings Plan's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Group Savings Plan. Click a company name to learn more.

Employee Reviews: Working at Group Savings Plan

Considering a career at Group Savings Plan? 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 office is modern and comfortable. Benefits are adequate. The company offers strong benefits, including mental health resources. I highly recommend this employer.
Commented in March 15, 2025
31
0
The company operates efficiently, with well-defined roles. It’s a good fit for those who prefer a structured and low-stress work environment. The company culture is inclusive, and there’s a strong emphasis on professional development.
Commented in November 08, 2024
13
2
The leadership team is transparent about company goals, making employees feel valued. The office has a modern setup, and flexible work arrangements are available. Benefits like wellness programs and 401(k) matching stand out. Compensation aligns with industry standards, and benefits are satisfactory. The office atmosphere is relaxed yet professional. Compensation is competitive, and work-life bala...
Commented in July 11, 2024
38
2
The insurance industry is dynamic, but the training here ensures confidence in handling tasks. The leadership is transparent about company direction, making employees feel involved. The collaborative culture makes problem-solving efficient, and cross-department communication is smooth.
Commented in January 25, 2024
14
1

Group Savings Plan Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
100 - 200 employees
Industry
Insurance
Headquarter Address
PO Box 129 New Hope Pennsylvania PA 18938
Revenue
$10 Million - $50 Million
Phone Number
+1 8137814831
Social Media
About Group Savings Plan
Group Savings Plan is a company that operates in the Financial Services industry. It employs 101-250 people and has $10M-$25M of revenue. The company is headquartered in New Hope, Pennsylvania.

What Benefits Does Group Savings Plan Offer Beyond Salary?

A competitive compensation package is more than just a salary. Group Savings Plan 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 Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Group Savings Plan.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Group Savings Plan, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Group Savings Plan salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Group Savings Plan

1. What is the typical salary range (low to high) for most roles at Group Savings Plan?

The typical annual salary range for most roles at Group Savings Plan is approximately from $93,734 to $120,671. 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 Group Savings Plan pay compared to Al Boenker Insurance Agency Inc?

The average annual salary at Group Savings Plan is $106,609, or an hourly wage of $51, in comparison to Al Boenker Insurance Agency Inc which pays $97,980 per year or $47 per hour.

3. How does experience level affect salary at Group Savings Plan?

Experience level is a significant factor in determining salary at Group Savings Plan, 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.

4. How can I determine if a salary offer from Group Savings Plan in Philadelphia is fair given the local cost of living?

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

5. Why might an individual's actual salary at Group Savings Plan differ from the ranges shown here?

An individual's actual salary at Group Savings Plan 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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