Retirement Plan Services Salary

Retirement Plan Services Salary

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As of August 2026, the average hourly salary for employees at Retirement Plan Services in the United States is $49. This translates to an approximate annual wage of $101,957. Salaries at Retirement Plan Services typically range from $43 to $55 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Retirement Plan Services

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Is Retirement Plan Services’s Pay Competitive? Salary Benchmarking Analysis

How does Retirement Plan 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
Professional Group Benefit $49
+0.3%
Suggests Professional Group Benefit utilizes a highly similar base-plus-benefits compensation model.
LifeSecure Insurance Co $49
+0.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Lear Retiree Health Care Plan $48
-1.4%
Confirms Lear Retiree Health Care Plan is a direct competitor vying for the exact same talent pool.
CRES Insurance Services LLC $55
+12.8%
Adjusted for higher cost-of-living indices in CRES Insurance Services LLC's primary metro hubs.
Insurance Industry $60
+21.5%
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.

Companies Similar to Retirement Plan Services and Their Hourly Pay Rates

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

Employee Reviews: Working at Retirement Plan Services

Considering a career at Retirement Plan 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.
The hybrid work arrangement is a plus, though more flexibility in scheduling could be beneficial. The benefits meet industry standards, and the workload is balanced. For anyone in the insurance field, this is a top-tier employer. The leadership team is approachable and genuinely cares about employee growth. The work environment is positive, with a strong emphasis on teamwork.
Commented in April 02, 2025
45
1
Colleagues are supportive, and the open-door policy with upper management makes communication seamless. It is innovative, it’s a reliable place to work with steady growth opportunities. It’s a fantastic place for insurance professionals looking for growth and stability. Benefits are standard, and the work environment is low-drama. I’m happy with my decision to join this organization. The insuranc...
Commented in June 23, 2024
10
1
A fantastic workplace for driven professionals. The team is competent, though cross-department communication could improve. This company values its employees and provides ample training programs.
Commented in January 08, 2024
31
1

Retirement Plan Services Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
1 Towne Sq Southfield Michigan MI 48076
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About Retirement Plan Services
Retirement Plan Services is a company that operates in the Insurance industry. It employs 51-100 people and has $50M-$100M of revenue. The company is headquartered in Southfield, Michigan.

What Benefits Does Retirement Plan Services Offer Beyond Salary?

A competitive compensation package is more than just a salary. Retirement Plan 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 Southfield?

Understanding the cost of living near Southfield is key to truly evaluating a salary offer or your current compensation at Retirement Plan Services.
Southfield's Cost of Living Index is approximately 96.9 (3.1% less expensive than US average; 6.1% more than MI average). Detroit suburb (Oakland Co.), major business center, housing near US avg. SMART bus. When planning your budget based on a salary from Retirement Plan Services, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Retirement Plan Services salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,330 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Retirement Plan Services

1. What is the average salary for employees at Retirement Plan Services?

The average total compensation for employees at Retirement Plan Services is approximately $49 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $43 to $55 per hour, depending on factors like job role, experience, and location.

2. How much does Retirement Plan Services pay compared to Professional Group Benefit?

The average annual salary at Retirement Plan Services is $101,957, or an hourly wage of $49, in comparison to Professional Group Benefit which pays $102,231 per year or $49 per hour.

3. How does having a professional certification impact salary for relevant roles at Retirement Plan Services?

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 Retirement Plan Services for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Retirement Plan Services offer cost-of-living adjustments (COLA) for employees in high-cost areas like Southfield?

While some companies offer formal COLA, many, including potentially Retirement Plan Services, 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.

5. What's the typical process for salary reviews and raises at Retirement Plan Services?

Most companies, likely including Retirement Plan Services, 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.

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