Pension Concepts Inc Salary

As of August 2026, the average annual salary for employees at Pension Concepts Inc in the United States is $82,021. This translates to an approximate hourly wage of $39. Salaries at Pension Concepts Inc typically range from $72,172 to $92,747 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Pension Concepts Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Pension Concepts Inc. Based on our data, the highest paying job is the Pension Administrator, with an annual salary of $49,492. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Pension Concepts Inc

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

Is Pension Concepts Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Pension Concepts Inc'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
Camino Real Insurance Services Inc $87,738
+7.0%
Reflects a supply-demand imbalance for the specific talent Camino Real Insurance Services Inc targets.
1st Choice Insurance Agency $90,555
+10.4%
Influenced by prevailing union wage agreements specific to 1st Choice Insurance Agency's sector.
Insurance Solutions $83,097
+1.3%
Confirms Insurance Solutions is a direct competitor vying for the exact same talent pool.
DML Insurance Services Inc $99,721
+21.6%
Adjusted for higher cost-of-living indices in DML Insurance Services Inc's primary metro hubs.
Insurance Industry $123,858
+51.0%
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.

Employee Reviews: Working at Pension Concepts Inc

Considering a career at Pension Concepts Inc? 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.
Work-life balance is respected, and flexible schedules are available. Managers are approachable, and teamwork is highly encouraged. The culture promotes innovation, and employees are encouraged to share ideas. The insurance sector can be demanding, but the support here makes it manageable.
Joining this insurance firm was a smart career move. Employees are recognized for their contributions, and career advancement is actively supported. The office atmosphere is welcoming, and there are regular team-building activities that help strengthen colleague relationships. Compensation is fair, and the company provides regular training. The insurance industry is dynamic, but the training here ...
It’s a standard corporate job with good job security. The office atmosphere is friendly, and remote work flexibility is a big advantage. Processes are clear, and the team is cooperative. The company fosters a collaborative environment where teamwork is highly encouraged.

Pension Concepts Inc Overview

Website
www.pensionconcepts.org
Founded In
1976
Employees
<25 employees
Industry
Insurance
Headquarter Address
2811 74th St Lubbock Texas TX 79423
Revenue
<$5 Million
Phone Number
+1 8067459781
Social Media
About Pension Concepts Inc
Pension Concepts and Administration, Inc. has been in the qualified plan consulting and Third Party Administration business since 1974, and we offer complete administrative services for all types of Retirement (Defined Benefit, Profit Sharing, 401k, Comparability/Cross-Tested) and Cafeteria (Section 125) Plans. With offices in Lubbock and Dallas, Pension Concepts has established a reputation as be

What Benefits Does Pension Concepts Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Pension Concepts Inc 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)
Work at Pension Concepts Inc?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Lubbock?

Understanding the cost of living near Lubbock is key to truly evaluating a salary offer or your current compensation at Pension Concepts Inc.
Lubbock's Cost of Living Index is approximately 81.1 (18.9% less expensive than US average; 12.8% less than TX average). West TX city (Texas Tech Univ.), affordable. Citibus. When planning your budget based on a salary from Pension Concepts Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Pension Concepts Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (Citibus monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,000 - $3,220+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Pension Concepts Inc

1. What is the average salary for employees at Pension Concepts Inc?

The average annual total compensation for employees at Pension Concepts Inc is approximately $82,021. However, this is an aggregate figure, actual salaries can range significantly, typically from $72,172 to $92,747, depending on factors like job role, experience, and location.

2. How much does Pension Concepts Inc pay compared to Camino Real Insurance Services Inc?

The average annual salary at Pension Concepts Inc is $82,021, or an hourly wage of $39, in comparison to Camino Real Insurance Services Inc which pays $87,738 per year or $42 per hour.

3. How does having a professional certification impact salary for relevant roles at Pension Concepts Inc?

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 Pension Concepts Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Pension Concepts Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Lubbock?

While some companies offer formal COLA, many, including potentially Pension Concepts Inc, 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 Pension Concepts Inc?

Most companies, likely including Pension Concepts Inc, 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.