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 August 01, 2026, the average salary for a Retirement Plan Senior Administrator in Michigan is $80,900 per year, which breaks down to an hourly rate of $39.
However, a Retirement Plan Senior Administrator's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
AI-Powered Talent
Smart Recruiting
Retirement Plan Senior Administrator Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $86,800 | $7,233 | $1,669 | $42 |
| Average | $80,900 | $6,742 | $1,556 | $39 |
| 25th Percentile | $74,600 | $6,217 | $1,435 | $36 |
Korhorn Financial Group Inc - Edwardsburg, MI
Midwest Capital Advisors - Grand Rapids, MI
Wilshire Benefits Group, Inc. - Troy, MI
Doeren Mayhew CPAs and Advisors - Grand Rapids, MI
A Retirement Plan Senior 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, and company size can directly affect your earning potential.
Experience is a primary driver of a Retirement Plan Senior 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:
| Levels | Salary |
|---|---|
| Entry Level Retirement Plan Senior Administrator | $78,128 |
| Intermediate Level Retirement Plan Senior Administrator | $78,599 |
| Senior Level Retirement Plan Senior Administrator | $79,540 |
| Specialist Level Retirement Plan Senior Administrator | $80,951 |
| Expert Level Retirement Plan Senior Administrator | $83,119 |
What Am I Worth?
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 Senior Administrators. For example, consider the average annual salaries in these key locations:
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 Senior Administrator salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $88,306. While startup companies pay approximate $74,647.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $74,647 |
| Growth Stage | 51~500 | $78,980 |
| Established | 501~5000 | $85,247 |
| Enterprise | 5000+ | $88,306 |
For Retirement Plan Senior Administrator roles, the industry you choose can impact your earning potential by as much as 25% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 10% above the average. Conversely, Retirement Plan Senior Administrator positions in Business Services typically offer lower base pay, as this sector often view Retirement Plan Senior Administrator as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Insurance | $88,990 | $43.0 | 10% |
| Financial Services | $84,945 | $41.0 | 5% |
Understanding how a Retirement Plan Senior 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $86,800 | $7,233 | $1,669 | $42 |
| Average | $80,900 | $6,742 | $1,556 | $39 |
| 25th Percentile | $74,600 | $6,217 | $1,435 | $36 |
Promotions are the fastest way to increase your earnings. As a Retirement Plan Senior 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.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Policy Change Operations Supervisor | $81,000 | 0% |
| Policy Processing Operations Team Leader | $77,200 | -5% |
| New Healthcare Policy Manager | $124,900 | 54% |
Ready to take the next step in your career? Browse thousands of current Retirement Plan Senior Administrator job openings on our job board. Use the search bar below to find your perfect match.
LoVasco Consulting Group
Detroit, MI
LoVasco Consulting Group | Detroit, MI
Job Description. Job Description. Client Administration Associate, Retirement Plan Consulting. The Client Administration Associate plays a key role in ensu... more
4 Days Ago
Confidential
SAINT PAUL, MN
Confidential | SAINT PAUL, MN
Executive Director, Public Retirement System. About the Company. Well-established public pension fund. Industry. Government Administration. Type. Governmen... more
1 Month Ago
Confidential
JACKSONVILLE, FL
Confidential | JACKSONVILLE, FL
Regional Vice President, Retirement, Bank/Wire Channel. About the Company. Top-tier provider of retirement plans, employee benefits, annuities & life insur... more
1 Month Ago
Confidential
ORLANDO, FL
Confidential | ORLANDO, FL
Regional Vice President, Retirement, Bank/Wire Channel. About the Company. Top-tier provider of retirement plans, employee benefits, annuities & life insur... more
1 Month Ago
Confidential
TAMPA, FL
Confidential | TAMPA, FL
Regional Vice President, Retirement, Bank/Wire Channel. About the Company. Top-tier provider of retirement plans, employee benefits, annuities & life insur... more
1 Month Ago
Confidential
SHELTON, CT
Confidential | SHELTON, CT
Vice President, Head of Individual Retirement Product Development. About the Company. Market-shaping provider of financial & asset management services. Ind... more
1 Month Ago
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Explore Cost of Living CalculatorSalary.com experts will help you thrive your workplaces.
Salary.com provides salary survey data for thousands of industry Jobs.
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:
