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xThe State Retirement System Salary

xThe State Retirement System Salary

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As of September 2026, the average annual salary for employees at xThe State Retirement System in the United States is $96,672. This translates to an approximate hourly wage of $46. Salaries at xThe State Retirement System typically range from $84,964 to $109,477 annually, reflecting the diverse roles and experience levels within the company.
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Is xThe State Retirement System’s Pay Competitive? Salary Benchmarking Analysis

How does xThe State Retirement System'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
Board of Trustees of the Teamsters Life With Dues Benefit Plan Avenue South $115,901
+19.9%
Reflects a supply-demand imbalance for the specific talent Board of Trustees of the Teamsters Life With Dues Benefit Plan Avenue South targets.
American Family Life Assurance Company of Columbus $106,303
+10.0%
Supported by American Family Life Assurance Company of Columbus's high-margin contracts allowing higher overhead.
Molded Fiber Glass Health & Welfare Plan $101,103
+4.6%
Adjusted for higher cost-of-living indices in Molded Fiber Glass Health & Welfare Plan's primary metro hubs.
FWISD Bond $99,278
+2.7%
Suggests FWISD Bond utilizes a highly similar base-plus-benefits compensation model.
Insurance Industry $123,858
+28.1%
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 xThe State Retirement System's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at xThe State Retirement System

Considering a career at xThe State Retirement System? 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.
Even with a large workforce, individual contributions are recognized. While workloads can vary, managers are supportive in ensuring teams aren’t overwhelmed. The company maintains a professional atmosphere, and communication from leadership is clear. The insurance company operates efficiently, with clear guidelines and structured workflows.
Commented in May 04, 2025
39
3
The work environment is professional, and colleagues are generally cooperative. Leadership is transparent and encourages innovation. A great place for long-term professional development. The company culture is inclusive, and managers genuinely care about employee development. A stable option for those in the insurance sector. The team culture is collaborative, and the benefits package is robust. W...
Commented in June 01, 2024
24
3
Workload distribution is fair, and managers are understanding of personal commitments. The office atmosphere is welcoming, and remote work flexibility is a plus. Processes are standard. Training programs are thorough, helping new hires adjust quickly.
Commented in January 07, 2024
31
2

xThe State Retirement System Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
200 - 500 employees
Industry
Insurance
Headquarter Address
714 Lake Ave Detroit Lakes Minnesota MN 56501
Revenue
$50 Million - $200 Million
Phone Number
+1 6512962761
Social Media
About xThe State Retirement System
xThe State Retirement System is a company that operates in the Financial Services industry. It employs 101-250 people and has $100M-$250M of revenue. The company is headquartered in Detroit Lakes, Minnesota.

What Benefits Does xThe State Retirement System Offer Beyond Salary?

A competitive compensation package is more than just a salary. xThe State Retirement System 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at xThe State Retirement System.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from xThe State Retirement System, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of xThe State Retirement System salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of xThe State Retirement System

1. What is the typical salary range (low to high) for most roles at xThe State Retirement System?

The typical annual salary range for most roles at xThe State Retirement System is approximately from $84,964 to $109,477. 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 xThe State Retirement System pay compared to Board of Trustees of the Teamsters Life With Dues Benefit Plan Avenue South?

The average annual salary at xThe State Retirement System is $96,672, or an hourly wage of $46, in comparison to Board of Trustees of the Teamsters Life With Dues Benefit Plan Avenue South which pays $115,901 per year or $56 per hour.

3. How does experience level affect salary at xThe State Retirement System?

Experience level is a significant factor in determining salary at xThe State Retirement System, 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 xThe State Retirement System in Minneapolis is fair given the local cost of living?

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

5. Are the salaries listed for xThe State Retirement System on Salary.com pre-tax or after-tax?

All salary figures displayed for xThe State Retirement System, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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