Know your market value with insights across roles — from individual contributors to executive pay and overall company compensation trends.
Access a suite of powerful calculators to make data-driven career decisions.
Automate pay cycles, manage job architectures, and ensure pay equity with AI-powered compensation platforms.
Access validated salary benchmarks, labor market trends, and minimum wage data to stay competitive.
Participate in and purchase industry-specific salary surveys to obtain the most accurate, peer-reported pay data.
As of October 01, 2026, the average salary for a Retirement Plan Administrator I in Missouri is $55,900 per year, which breaks down to an hourly rate of $27.
However, a Retirement Plan Administrator I's salary can vary significantly. Here’s a look at the typical salary range:
Retirement Plan Administrator I Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $61,330 | $5,111 | $1,179 | $29 |
| Average | $55,900 | $4,658 | $1,075 | $27 |
| 25th Percentile | $52,570 | $4,381 | $1,011 | $25 |
A Retirement Plan Administrator I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Retirement Plan Administrator I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Retirement Plan Administrator I | 0-2 years | $55,897 |
| 401K Services Specialist II | 2-4 years | $68,573 |
| 401K Services Specialist III | 4-7 years | $88,977 |
| 401K Services Supervisor | 7+ years | $90,367 |
| 401K Services Manager | 7+ years | $133,105 |
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Retirement Plan Administrator I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $60,193. While startup companies pay approximate $51,034.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $51,034 |
| Growth Stage | 51~500 | $53,959 |
| Established | 501~5000 | $58,132 |
| Enterprise | 5000+ | $60,193 |
For Retirement Plan Administrator I roles, the industry you choose can affect earning potential by as much as 90% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Business Services sectors offer the strongest compensation, at 60% above the average. In contrast, Retirement Plan Administrator positions in Edu., Gov't. & Nonprofit or Insurance typically offer lower base pay, as these industries often view Retirement Plan Administrator I as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $89,440 | $43.0 | 60% |
Understanding how a Retirement Plan Administrator I's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $61,330 | $5,111 | $1,179 | $29 |
| Average | $55,900 | $4,658 | $1,075 | $27 |
| 25th Percentile | $52,570 | $4,381 | $1,011 | $25 |
Promotions are the fastest way to increase your earnings. As a Retirement Plan Administrator I, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| External Payroll Specialist | $68,300 | 22% |
| 401K Services Specialist II | $68,600 | 23% |
| External Accounting Services Specialist II | $68,600 | 23% |
| Business Process Advisor II | $68,600 | 23% |
Analyze the market and your qualifications to negotiate your salary with confidence.
Search thousands of open positions to find your next opportunity.
Individualize employee pay based on unique job requirements and personal qualifications.
Get the latest market price for benchmark jobs and jobs in your industry.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary.com's CompAnalyst platform offers: