What are the main factors that influence a Retirement Plan Administrator's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Retirement Plan Administrator's salary?

A Retirement Plan Administrator's salary grows with experience: starting around $60,266 for beginners, reaching about $62,400 at mid-level, and approach $67,728 for experts.

What are the highest paying states for a Retirement Plan Administrator?

Retirement Plan Administrator salary varies significantly by state. The top 3 highest paying states for Retirement Plan Administrator roles are District of Columbia $69,000, California $68,800, Massachusetts $67,900. These tech hubs typically pay 10-15% above the national average.

How much do different types of Retirement Plan Administrator roles make?

Salaries for Retirement Plan Administrator level roles vary by specialization: Retirement Plan Administrator III: $93,650; Retirement Plan Services Specialist III: $93,648; Retirement Plan Senior Administrator: $82,200; Pension & Retirement Plan Senior Administrator: $82,110; Retirement Plan Administrator II: $71,790.

How do different companies affect a Retirement Plan Administrator's salary?

Company size, industry, and compensation structure create significant salary variations for Retirement Plan Administrator roles. Large, established industry leaders like Kpmg Us LLP ($114,295) and Warner Bros Discovery ($114,096) offer base salaries 35-40% above the national average. In contrast, smaller firms or startups may offer closer to $88,138.

Retirement Plan Administrator Salary in the United States

How much does a Retirement Plan Administrator make in the United States?

As of September 01, 2026, the average salary for a Retirement Plan Administrator in the United States is $62,400 per year, which breaks down to an hourly rate of $30.

However, a Retirement Plan Administrator's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $81,887
Majority Range (25th-75th percentile): $55,900 to $72,600
Entry-Level (10th percentile): $49,982

10% $49,982

50% (Median) $62,400

90% $81,887

Retirement Plan Administrator Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$72,600	$6,050	$1,396	$35
Average	$62,400	$5,200	$1,200	$30
25th Percentile	$55,900	$4,658	$1,075	$27

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Key Factors That Influence Retirement Plan Administrator Salaries

A Retirement Plan Administrator'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, education and company size can directly affect your earning potential.

How Experience Level Affects Retirement Plan Administrator Salaries?

Experience is a primary driver of a Retirement Plan Administrator'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:

Entry-Level (less than 1 year): $60,266
Early Career (1-2 years): $60,460
Mid-Level (2-4 years): $62,400
Senior-Level (5-8 years): $66,206
Expert (over 8 years): $67,728

Levels	Salary
Entry Level Retirement Plan Administrator	$60,266
Intermediate Level Retirement Plan Administrator	$60,460
Senior Level Retirement Plan Administrator	$62,400
Specialist Level Retirement Plan Administrator	$66,206
Expert Level Retirement Plan Administrator	$67,728

View as Graph

How Do Retirement Plan Administrator Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Retirement Plan Administrators. For example, consider the average annual salaries in these key locations:

District of Columbia: $69,000.
California: $68,800.
Massachusetts: $67,900.

District of Columbia $69,000 California $68,800 Massachusetts $67,900 Washington $67,600 New Jersey $67,600 Alaska $67,500 Connecticut $66,600 New York $66,300

Hawaii $65,200 Rhode Island $64,700 Maryland $64,300 Minnesota $63,800 Illinois $63,600 Colorado $63,600 Oregon $63,300 Delaware $63,200

New Hampshire $63,000 Virginia $62,800 Pennsylvania $62,100 Nevada $61,700 North Dakota $61,600 Michigan $61,400 Wisconsin $61,300 Vermont $61,200

Arizona $60,800 Maine $60,800 Texas $60,800 Ohio $60,700 Georgia $60,100 Indiana $59,900 Wyoming $59,800 Utah $59,700

Iowa $59,700 Kansas $59,400 Louisiana $59,300 North Carolina $59,300 Missouri $59,300 Florida $59,000 Montana $58,900 Nebraska $58,800

Kentucky $58,700 South Carolina $58,400 Tennessee $58,300 Idaho $58,200 New Mexico $57,800 Oklahoma $57,700 Alabama $57,300 South Dakota $56,700

Arkansas $56,300 West Virginia $56,200 Mississippi $55,600

Top Paying Cities for Retirement Plan Administrators

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:

San Jose: $78,600
San Francisco: $77,800
Oakland: $76,100

San Jose, CA $78,600

San Francisco, CA $77,800

Oakland, CA $76,100

New York, NY $71,800

Paramus, NJ $70,900

Queens Village, NY $70,900

Passaic, NJ $70,900

Bergenfield, NJ $70,900

Huntington, NY $70,700

Stamford, CT $70,700

Newark, NJ $70,200

Bridgeport, CT $70,100

Vallejo, CA $70,000

New Brunswick, NJ $70,000

Petaluma, CA $69,900

Middlesex, NJ $69,800

Somerset, NJ $69,800

Santa Cruz, CA $69,700

Boston, MA $69,300

Monterey, CA $69,100

Seattle, WA $68,900

Santa Rosa, CA $68,900

Los Angeles, CA $68,900

Juneau, AK $68,700

Washington, DC $68,700

Orange, CA $68,400

Santa Ana, CA $68,300

Anaheim, CA $68,200

Anchorage, AK $68,200

Long Beach, CA $68,200

Santa Maria, CA $68,000

Everett, WA $68,000

Danbury, CT $67,800

Bremerton, WA $67,700

Santa Barbara, CA $67,400

Tacoma, WA $67,400

New Suffolk, NY $67,400

Sacramento, CA $67,400

Trenton, NJ $67,300

San Diego, CA $67,300

Brockton, MA $67,200

Fairbanks, AK $67,100

Lompoc, CA $66,900

Lowell, MA $66,900

Ventura, CA $66,800

Nashua, NH $66,800

Stockton, CA $66,800

Modesto, CA $66,400

Poughkeepsie, NY $66,200

New Haven, CT $66,100

Olympia, WA $66,100

Kennewick, WA $66,100

Lawrence, MA $65,900

Hartford, CT $65,800

Riverside, CA $65,800

New Bedford, MA $65,700

Richland, WA $65,700

Norwich, CT $65,600

Portsmouth, NH $65,600

New London, CT $65,600

San Bernardino, CA $65,600

New Britain, CT $65,600

Bakersfield, CA $65,600

Atlantic City, NJ $65,600

Boulder, CO $65,400

Portland, OR $65,300

Worcester, MA $65,300

Minneapolis, MN $65,100

Philadelphia, PA $65,100

Vineland, NJ $64,800

Honolulu, HI $64,800

Saint Paul, MN $64,800

Providence, RI $64,600

Chicago, IL $64,400

Bellingham, WA $64,400

Baltimore, MD $64,300

Springfield, MA $64,300

Chico, CA $64,100

Pittsfield, MA $64,000

Manchester, NH $63,900

Spokane, WA $63,600

Denver, CO $63,600

Albany, NY $63,300

Troy, NY $63,300

Nassau, NY $63,200

Schenectady, NY $63,100

Wilmington, DE $63,100

Salem, OR $63,000

Burlington, VT $63,000

Portland, ME $62,800

Yakima, WA $62,700

Rochester, MN $62,500

Reno, NV $62,500

Fresno, CA $62,500

Milwaukee, WI $62,400

Detroit, MI $62,400

Ann Arbor, MI $62,400

Allentown, PA $62,300

Colorado Springs, CO $62,200

Syracuse, NY $62,200

Carson City, NV $62,200

Houston, TX $62,100

Eugene, OR $62,100

Gary, IN $62,000

Springfield, OR $62,000

Bismarck, ND $62,000

Galveston, TX $61,900

Concord, NH $61,800

Medford, OR $61,800

Fort Collins, CO $61,800

Austin, TX $61,700

Mesa, AZ $61,600

Reading, PA $61,600

Phoenix, AZ $61,600

Dallas, TX $61,600

Saint Cloud, MN $61,500

Madison, WI $61,400

Utica, NY $61,300

Rochester, NY $61,200

Des Moines, IA $61,200

Raleigh, NC $61,200

Atlanta, GA $61,100

Battle Creek, MI $61,000

Salt Lake City, UT $61,000

Lancaster, PA $60,900

Columbus, OH $60,800

Fort Worth, TX $60,800

Champaign, IL $60,800

Kansas City, MO $60,800

Harrisburg, PA $60,800

Kansas City, KS $60,800

Indianapolis, IN $60,700

Boca Raton, FL $60,700

Pittsburgh, PA $60,700

Richmond, VA $60,700

Cleveland, OH $60,700

Cincinnati, OH $60,600

Las Vegas, NV $60,600

Petersburg, VA $60,500

Huntsville, AL $60,400

Lansing, MI $60,400

Lebanon, PA $60,400

Pueblo, CO $60,400

Racine, WI $60,300

Saint Louis, MO $60,300

Charlotte, NC $60,300

Dayton, OH $60,300

Buffalo, NY $60,300

Appleton, WI $60,300

York, PA $60,200

Elkhart, IN $60,200

Gastonia, NC $60,200

Billings, MT $60,200

Beaumont, TX $60,200

Lorain, OH $60,200

Rockford, IL $60,100

Binghamton, NY $60,100

Rock Hill, SC $60,100

Toledo, OH $60,100

Benton Harbor, MI $60,100

Springfield, IL $60,000

Elyria, OH $60,000

Fargo, ND $60,000

Flagstaff, AZ $60,000

Fort Lauderdale, FL $60,000

Cheyenne, WY $59,900

Grand Forks, ND $59,900

Miami, FL $59,900

Duluth, MN $59,900

Bangor, ME $59,700

Cedar Rapids, IA $59,700

Durham, NC $59,600

Louisville, KY $59,600

Grand Rapids, MI $59,600

Hialeah, FL $59,600

Scranton, PA $59,500

Casper, WY $59,500

New Orleans, LA $59,400

Virginia Beach, VA $59,400

Akron, OH $59,400

Green Bay, WI $59,300

Peoria, IL $59,300

Sarasota, FL $59,300

Nashville, TN $59,300

Omaha, NE $59,300

Tucson, AZ $59,200

Jamestown, NY $59,200

Baton Rouge, LA $59,200

Charleston, SC $59,200

Davenport, IA $59,200

Evansville, IN $59,100

Saint Petersburg, FL $59,100

Tampa, FL $59,100

Port Arthur, TX $59,100

Bradenton, FL $59,000

Santa Fe, NM $58,900

Clearwater, FL $58,800

Orlando, FL $58,800

La Crosse, WI $58,700

Canton, OH $58,700

Albuquerque, NM $58,600

Newport News, VA $58,600

High Point, NC $58,600

Ogden, UT $58,600

Rock Island, IL $58,500

Corpus Christi, TX $58,500

Norfolk, VA $58,500

Laramie, WY $58,500

Fort Myers, FL $58,400

Moline, IL $58,400

Boise, ID $58,400

Memphis, TN $58,400

Jacksonville, FL $58,400

Saginaw, MI $58,400

Salisbury, NC $58,400

Tulsa, OK $58,300

Waterloo, IA $58,300

Provo, UT $58,200

Fort Wayne, IN $58,200

Spartanburg, SC $58,200

Lincoln, NE $58,200

Cedar Falls, IA $58,100

San Antonio, TX $58,100

Greensboro, NC $58,100

South Bend, IN $58,000

Savannah, GA $58,000

Muskegon, MI $58,000

Birmingham, AL $57,900

Winston Salem, NC $57,900

Lake Charles, LA $57,800

Anderson, IN $57,800

Wichita, KS $57,700

Lima, OH $57,700

Tuscaloosa, AL $57,700

Augusta, GA $57,700

Lexington, KY $57,700

Greenville, SC $57,700

Springfield, OH $57,600

Columbia, SC $57,600

Asheville, NC $57,500

Bloomington, IN $57,400

Knoxville, TN $57,200

Shreveport, LA $57,200

Wilmington, NC $57,100

Roanoke, VA $57,100

Frankfort, KY $57,000

Oklahoma City, OK $57,000

Topeka, KS $57,000

Chillicothe, OH $56,900

Longview, TX $56,900

Melbourne, FL $56,900

Altoona, PA $56,800

Sioux Falls, SD $56,800

Mobile, AL $56,800

Terre Haute, IN $56,800

Killeen, TX $56,700

Fayetteville, AR $56,700

Amarillo, TX $56,700

Chattanooga, TN $56,600

Sioux City, IA $56,600

Idaho Falls, ID $56,600

Lynchburg, VA $56,500

Youngstown, OH $56,400

Little Rock, AR $56,400

Lafayette, LA $56,400

Gainesville, FL $56,400

Portsmouth, OH $56,400

Daytona Beach, FL $56,300

Clarksville, TN $56,300

Pensacola, FL $56,300

Temple, TX $56,300

Erie, PA $56,100

Hopkinsville, KY $56,100

Florence, SC $56,100

Great Falls, MT $56,000

Charleston, WV $56,000

Fayetteville, NC $55,900

Tallahassee, FL $55,900

Macon, GA $55,900

Waco, TX $55,800

Helena, MT $55,800

Pine Bluff, AR $55,800

Vincennes, IN $55,700

Lubbock, TX $55,700

Twin Falls, ID $55,600

Rapid City, SD $55,600

Alamogordo, NM $55,600

Jackson, MS $55,500

Huntington, WV $55,400

Greenville, MS $55,400

Parkersburg, WV $55,400

Montgomery, AL $55,400

Springfield, MO $55,300

Wichita Falls, TX $55,300

Biloxi, MS $55,300

Johnstown, PA $55,200

Monroe, LA $55,200

Sumter, SC $55,100

Columbus, GA $55,100

Pascagoula, MS $55,000

Abilene, TX $55,000

Kingsport, TN $54,900

Albany, GA $54,900

Gulfport, MS $54,800

Alexandria, LA $54,600

Fort Smith, AR $54,500

El Paso, TX $54,300

Las Cruces, NM $54,000

Harlingen, TX $53,900

Pocatello, ID $53,900

Florence, AL $53,800

Brownsville, TX $53,800

Mcallen, TX $53,600

Dothan, AL $53,600

Columbus, MS $53,200

Altus, OK $52,900

Lawton, OK $52,800

Pierre, SD $52,500

What Skills Can Increase a Retirement Plan Administrator's Salary?

Demanded Skills for the Role:

Planning (Mentioned in 8.19% Job Postings): An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
Microsoft Excel (Mentioned in 2.22% Job Postings): Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.
Workday (Mentioned in 1.74% Job Postings): A cloud-based human resource management software system that unifies a wide range of HR functionality into a single system.

Skills	Demand Percentage
Planning	8.19%
Microsoft Excel	2.22%
Workday	1.74%

See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Retirement Plan Administrator's salary.

Consulting: Can increase your salary by up to 21%.
Leadership: Can increase your salary by up to 19%.
Loan Review: Can increase your salary by up to 9%.

Skill	Salary	Salary % Increase
Consulting	$75,504	21%
Leadership	$74,256	19%
Loan Review	$68,016	9%

Get Latest Data

Retirement Plan Administrator Salary by Company Size: Startups vs. Enterprise

Retirement Plan Administrator salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $68,157. While startup companies pay approximate $57,584.

Retirement Plan Administrator Salary by Company Size

Company Size	Employees	Average Salary
Startup	1~50	$57,584
Growth Stage	51~500	$60,937
Established	501~5000	$65,783
Enterprise	5000+	$68,157

Retirement Plan Administrator Salary by Industry: Top Paying Sectors

For Retirement Plan Administrator roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 20% above the average. Conversely, Retirement Plan Administrator positions in Business Services typically offer lower base pay, as this sector often view Retirement Plan Administrator as a support function rather than a direct revenue driver.

The top paying industry for a Retirement Plan Administrator

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Insurance	$74,880	$36.0	20%

How Education impacts a Retirement Plan Administrator's Salary?

Your level of education can impact your salary potential. While many Retirement Plan Administrators enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Retirement Plan Administrator with a Bachelor's Degree is between $61,567 and $67,881).

Retirement Plan Administrator Salaries by Degree Level

$69,200
$68,200
$67,100
$66,000
$64,900
$63,800
$62,700
$61,600

Typical Education for Retirement Plan Administrator
Degree Level	% of user with this level of education
No Diploma	1.6%
High School	15.2%
Associates	8.0%
Bachelors	64.8%
Masters	10.4%
Doctorate	0.0%

View as Graph

Retirement Plan Administrator Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Retirement Plan Administrator'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.

$55,900

Average $62,400/year

$72,600

$4,658

Average $5,200/month

$6,050

$1,075

Average $1,200/week

$1,396

$27

Average $30/hour

$35

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$72,600	$6,050	$1,396	$35
Average	$62,400	$5,200	$1,200	$30
25th Percentile	$55,900	$4,658	$1,075	$27

Retirement Plan Administrator Salary Growth & Career Path

Retirement Plan Administrator

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Retirement Plan Administrator, 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.

Retirement Plan Administrator Salary Growth and Career Path
Next Step Role	Estimate Salary	Projected Raise
Retirement Plan Senior Administrator	$82,200	32%
Policy Change Operations Supervisor	$82,300	32%
Policy Processing Operations Team Leader	$78,600	26%
Policy Application Processing Senior Clerk	$63,300	1%

Salary Trends for Retirement Plan Administrator

Salaries for a Retirement Plan Administrator can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $57,304 in 2023 to around $56,064 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Retirement Plan Administrator salary trends, .

Average Annual Salary of Retirement Plan Administrator Over Time

$???
$57,304
$56,394
$56,064
$???
$???

2022
2023
2024
2025
2026
2027

Year	Average Annual Salary
2022	View More
2023	$57,304
2024	$56,394
2025	$56,064
2026	View More
2027	View More

Most common benefits for Retirement Plan Administrator

Social Security
401 (k)
Disability
Healthcare
Pension
Time Off (days)

Common company salaries for Retirement Plan Administrator

Here are companies hiring for Retirement Plan Administrator and their salaries, click below for more details.

K $114,295/per year

Kpmg Us LLP Business Services the United States

W $114,096/per year

Warner Bros Discovery Business Services the United States

D $111,927/per year

Dentsu International Ltd Business Services the United States

G $111,873/per year

GroupM Worldwide Inc Business Services the United States

C $111,651/per year

CoWorx Staffing Business Services the United States

C $110,194/per year

Contemporary Services Corp Business Services the United States

S $107,128/per year

Showcase Cinemas Business Services the United States

A $106,429/per year

Amentum Services Inc Business Services the United States

A $106,199/per year

Allied Universal Security Services LLC Business Services the United States

S $106,104/per year

Sodexo USA Business Services the United States

J $105,192/per year

JLL Technologies Business Services the United States

I $104,478/per year

Intact Insurance Group USA LLC Business Services the United States

N $101,619/per year

NielsenIQ Business Services the United States

T $101,470/per year

The Leading Edge Alliance Business Services the United States

H $101,308/per year

Honeywell UOP Business Services the United States

R $97,720/per year

Reeve & Associates Business Services the United States

M $97,584/per year

ManpowerGroup Global Inc Business Services the United States

F $95,980/per year

Financial Sys Nco Business Services the United States

A $95,314/per year

Arrow Global Ltd Business Services the United States

C $94,777/per year

CarMax Enterprise Services LLC Business Services the United States

D $94,479/per year

DZConneX Business Services the United States

A $93,802/per year

Adecco Staffing, USA Business Services the United States

R $92,937/per year

Resource MFG Business Services the United States

Z $92,774/per year

Zachry Brands Inc Business Services the United States

G $88,138/per year

Greystar Worldwide LLC Business Services the United States

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FAQ about Retirement Plan Administrator

1. What industry pays the highest salary for Retirement Plan Administrator?

The Insurance industry offers the highest average compensation for Retirement Plan Administrator roles, with salaries approximately 20% above the market median.

2. How much do 401K plan administrators make?

As of now, the salary for a Retirement Plan Administrator ranges from $55,600 to $79,500 annually, with a midpoint of $66,800. This translates to approximately $26.69 to $38.24 per hour, or $1,071 to $1,646 per week. The average monthly salary falls between $4,633 and $6,625.

3. Which IT jobs pay the most?

While many IT jobs offer competitive salaries, roles like Principal Software Engineer, Engineering Manager, or Machine Learning Engineer often stand out. For example, a Retirement Plan Administrator can expect a salary range from $55,600 to $79,500, with a midpoint of $66,800, reflecting the demand for expertise in managing retirement plans and compliance.

4. What is the salary of an administrator in the US?

The salary for a Retirement Plan Administrator in the US ranges from $55,600 to $79,500 per year, with a median salary of $66,800. This data reflects the compensation for professionals in this role, highlighting the potential earnings based on experience and expertise in the field.

5. What is the highest salary of an admin?

The highest salary for a Retirement Plan Administrator is ₹79,500 per year. The salary range for this position typically falls between ₹55,600 and ₹66,800, reflecting the varying levels of experience and responsibility within the role.

6. What is a retirement plan administrator?

A retirement plan administrator is responsible for managing a retirement fund or pension plan for participants and beneficiaries. They ensure that funds are properly collected and distributed to qualified participants. The salary for this role typically ranges from $55,600 to $79,500, with a median salary of $66,800.

7. What is higher than administrator?

Upper-Level Administrative Positions include roles such as senior executive assistant, director of administration, chief of staff, or operations director. These positions often involve closer collaboration with executives and CEOs, providing opportunities to engage directly in business initiatives. Salaries for Retirement Plan Administrators range from $55,600 to $79,500, with a midpoint of $66,800.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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