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Local Number 4 Pension Fund Salary

Local Number 4 Pension Fund Salary

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As of September 2026, the average annual salary for employees at Local Number 4 Pension Fund in the United States is $109,383. This translates to an approximate hourly wage of $53. Salaries at Local Number 4 Pension Fund typically range from $96,153 to $123,853 annually, reflecting the diverse roles and experience levels within the company.
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Is Local Number 4 Pension Fund’s Pay Competitive? Salary Benchmarking Analysis

How does Local Number 4 Pension Fund'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
Laborer's Welfare Pension Fund Local 186 $99,541
-9.0%
Typical compensation structure for smaller regional agencies like Laborer's Welfare Pension Fund Local 186.
Ufcw Local 1776ks Wd and Employers Health Fund $102,590
-6.2%
Ufcw Local 1776ks Wd and Employers Health Fund operates with a leaner overhead structure, impacting base wage offers.
Iron Workers Welfare & Pension Plans $88,350
-19.2%
Reflects market rates for standard general contracting, differing from specialized roles.
Laborers' Local Union No 158 Health Welfare & Pension Fund $94,151
-13.9%
Laborers' Local Union No 158 Health Welfare & Pension Fund focuses strategically on recruiting and training entry-level apprentices.
Insurance Industry $123,858
+13.2%
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 Local Number 4 Pension Fund's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Local Number 4 Pension Fund. Click a company name to learn more.

Employee Reviews: Working at Local Number 4 Pension Fund

Considering a career at Local Number 4 Pension Fund? 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.
I’d recommend this workplace to insurance professionals. The company stays ahead of industry trends, providing cutting-edge tools. My time at this insurance company has been consistent. The company stays ahead with tech advancements, making daily tasks easier. Career growth is encouraged through mentorship programs.
Commented in May 31, 2025
31
2
The company follows industry standards with a focus on efficiency. The insurance products are reliable, aiding client relationships. The company’s commitment to innovation keeps it competitive in the insurance market.
Commented in January 23, 2025
44
2
The company operates efficiently, with well-defined processes. The company also offers great benefits and professional development opportunities. It’s a reliable place to work if you value stability in insurance. I’ve grown significantly in my role thanks to the company’s focus on skill development. Leadership is transparent, making employees feel secure. A forward-thinking workplace. A fantastic ...
Commented in December 19, 2024
34
0
Flexible work options are a big plus. The company’s reputation in the insurance industry adds job security. The training programs are excellent, helping employees stay updated in the insurance field.
Commented in January 07, 2024
19
2

Local Number 4 Pension Fund Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
200 - 500 employees
Industry
Insurance
Headquarter Address
2229 S Halsted St Chicago Illinois IL 60608
Revenue
$10 Million - $50 Million
Phone Number
+1 7733858360
Social Media
About Local Number 4 Pension Fund
Local Number 4 Pension Fund 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 Chicago, Illinois.

What Benefits Does Local Number 4 Pension Fund Offer Beyond Salary?

A competitive compensation package is more than just a salary. Local Number 4 Pension Fund 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Local Number 4 Pension Fund.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Local Number 4 Pension Fund, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Local Number 4 Pension Fund salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 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) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Local Number 4 Pension Fund

1. What is the typical salary range (low to high) for most roles at Local Number 4 Pension Fund?

The typical annual salary range for most roles at Local Number 4 Pension Fund is approximately from $96,153 to $123,853. 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 Local Number 4 Pension Fund pay compared to Laborer's Welfare Pension Fund Local 186?

The average annual salary at Local Number 4 Pension Fund is $109,383, or an hourly wage of $53, in comparison to Laborer's Welfare Pension Fund Local 186 which pays $99,541 per year or $48 per hour.

3. How does experience level affect salary at Local Number 4 Pension Fund?

Experience level is a significant factor in determining salary at Local Number 4 Pension Fund, 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 Local Number 4 Pension Fund in Chicago is fair given the local cost of living?

To determine if a salary offer from Local Number 4 Pension Fund in Chicago is fair, first compare the gross salary to our data for similar roles at Local Number 4 Pension Fund and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

5. What factors influence salary increases at Local Number 4 Pension Fund?

Salary increases at Local Number 4 Pension Fund are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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