As of August 01, 2026, the average salary for a Retirement Plan Services Manager in the United States is $140,078 per year, which breaks down to an hourly rate of $67.
However, a Retirement Plan Services Manager's salary can vary significantly. Here’s a look at the typical salary range:
Retirement Plan Services Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $152,921 | $12,743 | $2,941 | $74 |
| Average | $140,078 | $11,673 | $2,694 | $67 |
| 25th Percentile | $132,808 | $11,067 | $2,554 | $64 |
A Retirement Plan Services Manager'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 Services Manager'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 Services Specialist I | 0-2 years | $58,621 |
| Retirement Plan Services Specialist II | 2-4 years | $71,784 |
| Retirement Plan Services Specialist III | 4-7 years | $93,657 |
| Retirement Plan Services Supervisor | 7+ years | $95,112 |
| Retirement Plan Services Manager | 7+ years | $140,078 |
Retirement Plan Services Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $150,816. While startup companies pay approximate $127,820.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $127,820 |
| Growth Stage | 51~500 | $135,147 |
| Established | 501~5000 | $145,690 |
| Enterprise | 5000+ | $150,816 |
Understanding how a Retirement Plan Services Manager'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 | $152,921 | $12,743 | $2,941 | $74 |
| Average | $140,078 | $11,673 | $2,694 | $67 |
| 25th Percentile | $132,808 | $11,067 | $2,554 | $64 |
Next Role
Advancement
For a Retirement Plan Services Manager, the most direct path to higher earnings is advancing to the Business Process Consulting Senior Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $184,636 - a projected growth of 32% over your current level.
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A Retirement Plan Services Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Retirement Plan Services Manager earns the most in San Jose, CA, where the annual salary of a Retirement Plan Services Manager is $176,680.
The highest pay for Retirement Plan Services Manager is $164,614.
The lowest pay for Retirement Plan Services Manager is $126,189.
Manages the team responsible for designing, managing, and administering employer-sponsored retirement plans. Responsible for establishing and maintaining client relationships. Works directly with employers to optimize plan design and performance to benefit both employers and employees. Oversees and monitors plan compliance with all applicable government regulations, annual testing requirements, and reporting. Stays current on regulatory changes and industry best practices and makes recommendations to clients accordingly. Typically requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
The Edu., Gov't. & Nonprofit industry offers the highest average compensation for Retirement Plan Services Manager roles, with salaries approximately 15% above the market median.
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