| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Iowa Insurance Division | $99,911 |
+3.1%
|
Reflects structural premiums typical of Iowa Insurance Division's large-cap national operations. |
| Transamerica Retirement Solutions LLC | $96,113 |
-0.8%
|
Confirms Transamerica Retirement Solutions LLC is a direct competitor vying for the exact same talent pool. |
| Pension Inc of Iowa | $96,672 |
-0.2%
|
Suggests Pension Inc of Iowa utilizes a highly similar base-plus-benefits compensation model. |
| Pharmacistss Mutual Insurance Co | $93,550 |
-3.4%
|
Pharmacistss Mutual Insurance Co focuses strategically on recruiting and training entry-level apprentices. |
| Insurance Industry | $123,858 |
+27.9%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$99,911 / year
Salary Range: $87,832 - $113,123
Des Moines, IA
$96,113 / year
Salary Range: $84,497 - $108,831
Cedar Rapids, IA
$96,672 / year
Salary Range: $84,983 - $109,465
Bettendorf, IA
$93,550 / year
Salary Range: $82,234 - $105,916
Algona, IA
$96,366 / year
Salary Range: $84,708 - $109,111
Cedar Rapids, IA
$100,280 / year
Salary Range: $88,144 - $113,537
Scottsdale, AZ
$101,841 / year
Salary Range: $89,519 - $115,306
Phoenix, AZ
$109,045 / year
Salary Range: $95,851 - $123,463
Wilmington, DE
$116,534 / year
Salary Range: $102,439 - $131,950
Quincy, MA
Get an estimated calculation of how much you should be earning and insight into your career options.
Retirement Plan Administration pays its employees an average of $96,873 per year. The average salary at Retirement Plan Administration range from $85,157 to $109,684 per year. 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.
The salary at Retirement Plan Administration is lesser than the similar company. The average annual salary at Retirement Plan Administration is $96,873, or an hourly wage of $47, in comparison to Iowa Insurance Division which pays $99,911 per year or $48 per hour.
In many roles at Retirement Plan Administration, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Retirement Plan Administration generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Retirement Plan Administration" section on this page.
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