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MyPlanLoan Salary

MyPlanLoan Salary

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As of September 2026, the average annual salary for employees at MyPlanLoan in the United States is $113,454. This translates to an approximate hourly wage of $55. Salaries at MyPlanLoan typically range from $99,800 to $128,316 annually, reflecting the diverse roles and experience levels within the company.
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Is MyPlanLoan’s Pay Competitive? Salary Benchmarking Analysis

How does MyPlanLoan'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
Ny State Teachers Retirement $100,554
-11.4%
Normalized for lower cost-of-living zones where Ny State Teachers Retirement primarily operates.
Nations Government Income Term Trust 2004 Inc $98,972
-12.8%
Nations Government Income Term Trust 2004 Inc operates with a leaner overhead structure, impacting base wage offers.
HSAccess Card $86,778
-23.5%
HSAccess Card focuses strategically on recruiting and training entry-level apprentices.
Victims Vacation Fund Inc $102,020
-10.1%
Victims Vacation Fund Inc may offer non-monetary perks in lieu of competitive base salaries.
Insurance Industry $123,858
+9.2%
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 MyPlanLoan's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at MyPlanLoan

Considering a career at MyPlanLoan? 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 culture promotes innovation, and new ideas are welcomed. It’s a good place for those who prefer a steady, low-drama workplace. The team is talented, and leadership is visionary. The work environment is positive, and colleagues are supportive.
Commented in April 14, 2025
13
2
It’s a good choice for those seeking a low-drama, steady work environment. Management is competent, though not overly innovative. Career advancement is possible but requires patience. Flexible hybrid work options. Management is fair and provides updates on company progress. The company values employee input and offers strong career development programs.
Commented in January 14, 2025
23
1
The office is modern, and flexible work options are available. I’ve enjoyed my time here due to the collaborative culture and strong leadership. Highly recommend joining this organization.
Commented in May 30, 2024
21
2
It’s a dependable place for those who value consistency in their job. The company provides stable employment with standard industry benefits. The office environment is modern and welcoming.
Commented in February 04, 2024
50
0

MyPlanLoan Overview

Website
www.myplanloan.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
355 Lexington Ave New York City New York NY 10017
Revenue
$5 Million - $10 Million
Phone Number
+1 3152926941
Social Media
About MyPlanLoan
The MyPlanLoan team is dedicated to serving recordkeepers and TPAs as well as their plan sponsors and participants, to administer an effective loan solution for all participants, whether active or terminated, and helps mitigate the risk of default. There is no doubt that the administration of loans within retirement plans can be very complex. Our industry experience and extensive knowledge of ERIS

What Benefits Does MyPlanLoan Offer Beyond Salary?

A competitive compensation package is more than just a salary. MyPlanLoan 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at MyPlanLoan.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from MyPlanLoan, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of MyPlanLoan salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MyPlanLoan

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

The typical annual salary range for most roles at MyPlanLoan is approximately from $99,800 to $128,316. 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 MyPlanLoan pay compared to Ny State Teachers Retirement?

The average annual salary at MyPlanLoan is $113,454, or an hourly wage of $55, in comparison to Ny State Teachers Retirement which pays $100,554 per year or $48 per hour.

3. How does experience level affect salary at MyPlanLoan?

Experience level is a significant factor in determining salary at MyPlanLoan, 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 MyPlanLoan in New York is fair given the local cost of living?

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

5. What factors influence salary increases at MyPlanLoan?

Salary increases at MyPlanLoan 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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