What are the main factors that influence a Retirement Plan Services Specialist I'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 Services Specialist 's salary?

A Retirement Plan Services Specialist 's salary grows with experience: a Retirement Plan Services Specialist I (0-2 years)earns $58,620, a Retirement Plan Services Specialist II (2-4 years)earns $71,784, a Retirement Plan Services Specialist III (4-7 years)earns $93,648, a Retirement Plan Services Supervisor (7+ years)earns $95,110, a Retirement Plan Services Manager (7+ years)earns $140,084,

What are the highest paying states for a Retirement Plan Services Specialist I?

Retirement Plan Services Specialist I salary varies significantly by state. The top 3 highest paying states for Retirement Plan Services Specialist I roles are District of Columbia $64,904, California $64,658, Massachusetts $63,796. These tech hubs typically pay 10-15% above the national average.

How much do different types of Retirement Plan Services Specialist roles make?

Salaries for Retirement Plan Services Specialist level roles vary by specialization: Retirement Plan Services Manager: $140,084; Retirement Plan Manager: $124,792; Retirement Plan Services Supervisor: $95,110; Retirement Plan Services Specialist III: $93,648; Retirement Plan Services Specialist II: $71,784.

How do different companies affect a Retirement Plan Services Specialist I's salary?

Company size, industry, and compensation structure create significant salary variations for Retirement Plan Services Specialist I 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 Services Specialist I Salary in the United States

How much does a Retirement Plan Services Specialist I make in the United States?

As of September 01, 2026, the average salary for a Retirement Plan Services Specialist I in the United States is $58,620 per year, which breaks down to an hourly rate of $28.

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

Top Earners (90th percentile): $68,931
Majority Range (25th-75th percentile): $54,666 to $64,017
Entry-Level (10th percentile): $51,066

10% $51,066

50% (Median) $58,620

90% $68,931

Retirement Plan Services Specialist I Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$64,017	$5,335	$1,231	$31
Average	$58,620	$4,885	$1,127	$28
25th Percentile	$54,666	$4,556	$1,051	$26

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Key Factors That Influence Retirement Plan Services Specialist I Salaries

A Retirement Plan Services Specialist 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.

How Experience Level Affects Retirement Plan Services Specialist I Salaries?

Experience is a primary driver of a Retirement Plan Services Specialist 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:

Retirement Plan Services Specialist I (0-2 years): $58,620
Retirement Plan Services Specialist II (2-4 years): $71,784
Retirement Plan Services Specialist III (4-7 years): $93,648
Retirement Plan Services Supervisor (7+ years): $95,110
Retirement Plan Services Manager (7+ years): $140,084

Job Role	Years of Experience	Average Salary
Retirement Plan Services Specialist I	0-2 years	$58,620
Retirement Plan Services Specialist II	2-4 years	$71,784
Retirement Plan Services Specialist III	4-7 years	$93,648
Retirement Plan Services Supervisor	7+ years	$95,110
Retirement Plan Services Manager	7+ years	$140,084

View as Graph

How Do Retirement Plan Services Specialist I 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 Services Specialist Is. For example, consider the average annual salaries in these key locations:

District of Columbia: $64,904.
California: $64,658.
Massachusetts: $63,796.

District of Columbia $64,904 California $64,658 Massachusetts $63,796 Washington $63,562 New Jersey $63,538 Alaska $63,456 Connecticut $62,647 New York $62,319

Hawaii $61,270 Rhode Island $60,777 Maryland $60,443 Minnesota $59,986 Colorado $59,810 Illinois $59,751 Oregon $59,529 Delaware $59,364

New Hampshire $59,261 Virginia $59,030 Pennsylvania $58,356 Nevada $58,016 North Dakota $57,905 Michigan $57,729 Wisconsin $57,664 Vermont $57,536

Texas $57,178 Maine $57,155 Arizona $57,119 Ohio $57,078 Georgia $56,539 Indiana $56,269 Wyoming $56,217 Utah $56,135

Iowa $56,099 Kansas $55,818 Louisiana $55,736 North Carolina $55,707 Missouri $55,695 Florida $55,466 Montana $55,343 Nebraska $55,226

Kentucky $55,161 South Carolina $54,927 Tennessee $54,780 Idaho $54,722 New Mexico $54,294 Oklahoma $54,200 Alabama $53,854 South Dakota $53,274

Arkansas $52,957 West Virginia $52,787 Mississippi $52,277

Top Paying Cities for Retirement Plan Services Specialist Is

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: $73,937
San Francisco: $73,128
Oakland: $71,587

San Jose, CA $73,937

San Francisco, CA $73,128

Oakland, CA $71,587

New York, NY $67,494

Paramus, NJ $66,674

Queens Village, NY $66,671

Passaic, NJ $66,615

Bergenfield, NJ $66,610

Stamford, CT $66,481

Huntington, NY $66,457

Newark, NJ $66,024

Bridgeport, CT $65,900

Vallejo, CA $65,783

New Brunswick, NJ $65,760

Petaluma, CA $65,725

Middlesex, NJ $65,613

Somerset, NJ $65,572

Santa Cruz, CA $65,496

Boston, MA $65,139

Monterey, CA $64,933

Seattle, WA $64,799

Santa Rosa, CA $64,787

Los Angeles, CA $64,769

Juneau, AK $64,617

Washington, DC $64,552

Orange, CA $64,344

Santa Ana, CA $64,189

Long Beach, CA $64,130

Anaheim, CA $64,119

Anchorage, AK $64,089

Santa Maria, CA $63,913

Everett, WA $63,902

Danbury, CT $63,695

Bremerton, WA $63,614

Tacoma, WA $63,403

New Suffolk, NY $63,402

Sacramento, CA $63,386

Santa Barbara, CA $63,321

Trenton, NJ $63,257

San Diego, CA $63,257

Brockton, MA $63,192

Fairbanks, AK $63,049

Lompoc, CA $62,899

Lowell, MA $62,852

Ventura, CA $62,841

Nashua, NH $62,829

Stockton, CA $62,823

Modesto, CA $62,395

Poughkeepsie, NY $62,266

Olympia, WA $62,155

Kennewick, WA $62,155

New Haven, CT $62,131

Lawrence, MA $61,920

Hartford, CT $61,862

Riverside, CA $61,850

New Bedford, MA $61,791

Richland, WA $61,791

Bakersfield, CA $61,709

San Bernardino, CA $61,686

New Britain, CT $61,680

Atlantic City, NJ $61,680

New London, CT $61,657

Norwich, CT $61,639

Portsmouth, NH $61,627

Boulder, CO $61,503

Portland, OR $61,422

Worcester, MA $61,416

Minneapolis, MN $61,234

Philadelphia, PA $61,152

Honolulu, HI $60,959

Saint Paul, MN $60,931

Vineland, NJ $60,918

Providence, RI $60,748

Chicago, IL $60,578

Bellingham, WA $60,508

Springfield, MA $60,461

Baltimore, MD $60,443

Chico, CA $60,297

Pittsfield, MA $60,138

Manchester, NH $60,027

Spokane, WA $59,769

Denver, CO $59,763

Albany, NY $59,488

Troy, NY $59,464

Nassau, NY $59,401

Schenectady, NY $59,341

Wilmington, DE $59,294

Burlington, VT $59,212

Salem, OR $59,189

Portland, ME $59,007

Yakima, WA $58,948

Rochester, MN $58,767

Reno, NV $58,737

Fresno, CA $58,737

Milwaukee, WI $58,684

Detroit, MI $58,626

Ann Arbor, MI $58,616

Allentown, PA $58,608

Colorado Springs, CO $58,509

Syracuse, NY $58,479

Carson City, NV $58,479

Houston, TX $58,397

Eugene, OR $58,368

Gary, IN $58,298

Springfield, OR $58,251

Bismarck, ND $58,239

Galveston, TX $58,198

Medford, OR $58,110

Fort Collins, CO $58,087

Concord, NH $58,057

Austin, TX $58,040

Mesa, AZ $57,917

Reading, PA $57,911

Phoenix, AZ $57,905

Dallas, TX $57,887

Saint Cloud, MN $57,831

Madison, WI $57,752

Utica, NY $57,594

Rochester, NY $57,500

Des Moines, IA $57,494

Raleigh, NC $57,489

Atlanta, GA $57,401

Battle Creek, MI $57,383

Salt Lake City, UT $57,366

Lancaster, PA $57,278

Harrisburg, PA $57,196

Kansas City, MO $57,137

Champaign, IL $57,125

Kansas City, KS $57,125

Fort Worth, TX $57,119

Columbus, OH $57,109

Boca Raton, FL $57,096

Pittsburgh, PA $57,072

Richmond, VA $57,049

Indianapolis, IN $57,037

Cleveland, OH $57,031

Las Vegas, NV $56,961

Cincinnati, OH $56,961

Petersburg, VA $56,873

Huntsville, AL $56,785

Lansing, MI $56,746

Lebanon, PA $56,738

Pueblo, CO $56,732

Appleton, WI $56,715

Buffalo, NY $56,691

Dayton, OH $56,674

Racine, WI $56,662

Charlotte, NC $56,656

Saint Louis, MO $56,639

York, PA $56,603

Elkhart, IN $56,603

Gastonia, NC $56,592

Billings, MT $56,578

Beaumont, TX $56,562

Lorain, OH $56,551

Benton Harbor, MI $56,539

Toledo, OH $56,527

Binghamton, NY $56,498

Rock Hill, SC $56,492

Rockford, IL $56,463

Springfield, IL $56,439

Elyria, OH $56,433

Fargo, ND $56,433

Flagstaff, AZ $56,392

Fort Lauderdale, FL $56,357

Duluth, MN $56,322

Miami, FL $56,322

Cheyenne, WY $56,281

Grand Forks, ND $56,281

Bangor, ME $56,152

Cedar Rapids, IA $56,088

Durham, NC $56,063

Louisville, KY $56,058

Grand Rapids, MI $56,047

Hialeah, FL $56,041

Casper, WY $55,959

Scranton, PA $55,888

New Orleans, LA $55,871

Virginia Beach, VA $55,865

Akron, OH $55,836

Peoria, IL $55,759

Sarasota, FL $55,748

Nashville, TN $55,707

Omaha, NE $55,707

Green Bay, WI $55,707

Baton Rouge, LA $55,677

Charleston, SC $55,666

Jamestown, NY $55,636

Davenport, IA $55,636

Tucson, AZ $55,607

Saint Petersburg, FL $55,572

Tampa, FL $55,560

Evansville, IN $55,525

Port Arthur, TX $55,525

Bradenton, FL $55,501

Santa Fe, NM $55,396

Orlando, FL $55,290

Clearwater, FL $55,273

Canton, OH $55,150

La Crosse, WI $55,150

Albuquerque, NM $55,115

Newport News, VA $55,109

High Point, NC $55,091

Ogden, UT $55,068

Corpus Christi, TX $55,021

Norfolk, VA $54,986

Laramie, WY $54,986

Rock Island, IL $54,950

Saginaw, MI $54,939

Jacksonville, FL $54,933

Salisbury, NC $54,921

Boise, ID $54,909

Moline, IL $54,880

Fort Myers, FL $54,862

Memphis, TN $54,851

Tulsa, OK $54,821

Waterloo, IA $54,786

Spartanburg, SC $54,728

Lincoln, NE $54,698

Fort Wayne, IN $54,687

Provo, UT $54,681

Cedar Falls, IA $54,610

San Antonio, TX $54,587

Greensboro, NC $54,563

South Bend, IN $54,558

Savannah, GA $54,493

Muskegon, MI $54,470

Birmingham, AL $54,464

Winston Salem, NC $54,435

Lake Charles, LA $54,294

Anderson, IN $54,282

Lexington, KY $54,265

Augusta, GA $54,247

Greenville, SC $54,247

Lima, OH $54,200

Wichita, KS $54,194

Tuscaloosa, AL $54,194

Columbia, SC $54,141

Springfield, OH $54,130

Asheville, NC $54,036

Bloomington, IN $53,995

Knoxville, TN $53,784

Shreveport, LA $53,778

Wilmington, NC $53,702

Roanoke, VA $53,702

Topeka, KS $53,596

Frankfort, KY $53,590

Oklahoma City, OK $53,549

Chillicothe, OH $53,526

Longview, TX $53,520

Melbourne, FL $53,514

Sioux Falls, SD $53,420

Mobile, AL $53,415

Terre Haute, IN $53,391

Altoona, PA $53,356

Amarillo, TX $53,315

Killeen, TX $53,297

Fayetteville, AR $53,250

Chattanooga, TN $53,233

Sioux City, IA $53,180

Idaho Falls, ID $53,168

Lynchburg, VA $53,121

Gainesville, FL $53,045

Portsmouth, OH $53,016

Little Rock, AR $53,004

Lafayette, LA $52,981

Youngstown, OH $52,981

Daytona Beach, FL $52,946

Clarksville, TN $52,940

Pensacola, FL $52,934

Temple, TX $52,930

Hopkinsville, KY $52,758

Erie, PA $52,746

Florence, SC $52,723

Charleston, WV $52,629

Great Falls, MT $52,600

Macon, GA $52,518

Tallahassee, FL $52,512

Fayetteville, NC $52,500

Waco, TX $52,488

Helena, MT $52,447

Pine Bluff, AR $52,425

Vincennes, IN $52,354

Lubbock, TX $52,330

Alamogordo, NM $52,295

Twin Falls, ID $52,242

Rapid City, SD $52,225

Jackson, MS $52,119

Huntington, WV $52,115

Greenville, MS $52,113

Parkersburg, WV $52,053

Montgomery, AL $52,043

Wichita Falls, TX $51,984

Springfield, MO $51,984

Biloxi, MS $51,955

Monroe, LA $51,896

Johnstown, PA $51,855

Sumter, SC $51,832

Columbus, GA $51,826

Pascagoula, MS $51,715

Abilene, TX $51,715

Kingsport, TN $51,562

Albany, GA $51,562

Gulfport, MS $51,545

Alexandria, LA $51,351

Fort Smith, AR $51,205

El Paso, TX $51,046

Las Cruces, NM $50,783

Harlingen, TX $50,634

Pocatello, ID $50,624

Florence, AL $50,548

Brownsville, TX $50,536

Mcallen, TX $50,413

Dothan, AL $50,331

Columbus, MS $49,983

Altus, OK $49,710

Lawton, OK $49,598

Pierre, SD $49,387

Retirement Plan Services Specialist I Salary by Company Size: Startups vs. Enterprise

Retirement Plan Services Specialist I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $63,151. While startup companies pay approximate $53,492.

Retirement Plan Services Specialist I Salary by Company Size

Company Size	Employees	Average Salary
Startup	1~50	$53,492
Growth Stage	51~500	$56,569
Established	501~5000	$60,992
Enterprise	5000+	$63,151

Retirement Plan Services Specialist I Salary by Industry: Top Paying Sectors

For Retirement Plan Services Specialist 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 Services Specialist positions in Edu., Gov't. & Nonprofit or Insurance typically offer lower base pay, as these industries often view Retirement Plan Services Specialist I as a support function rather than a direct revenue driver.

The top paying industry for a Retirement Plan Services Specialist I

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Financial Services	$93,792	$45.0	60%

Retirement Plan Services Specialist I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Retirement Plan Services Specialist 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.

$54,666

Average $58,620/year

$64,017

$4,556

Average $4,885/month

$5,335

$1,051

Average $1,127/week

$1,231

$26

Average $28/hour

$31

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$64,017	$5,335	$1,231	$31
Average	$58,620	$4,885	$1,127	$28
25th Percentile	$54,666	$4,556	$1,051	$26

Retirement Plan Services Specialist I Salary Growth & Career Path

Retirement Plan Services Specialist I

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Retirement Plan Services Specialist 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.

Retirement Plan Services Specialist I Salary Growth and Career Path
Next Step Role	Estimate Salary	Projected Raise
Payroll Services Specialist	$71,784	22%
Retirement Plan Services Specialist II	$71,784	22%
Accounting Services Specialist II	$71,784	22%
Business Process Consultant II	$71,784	22%

Most common benefits for Retirement Plan Services Specialist I

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

Common company salaries for Retirement Plan Services Specialist I

Here are companies hiring for Retirement Plan Services Specialist I 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 Services Specialist I

1. Where can a Retirement Plan Services Specialist I earn the most?

A Retirement Plan Services Specialist I'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 Specialist I earns the most in San Jose, CA, where the annual salary of a Retirement Plan Services Specialist I is $73,937.

2. What is the highest pay for Retirement Plan Services Specialist I?

The highest pay for Retirement Plan Services Specialist I is $68,931.

3. What is the lowest pay for Retirement Plan Services Specialist I?

The lowest pay for Retirement Plan Services Specialist I is $51,066.

4. What are the responsibilities of Retirement Plan Services Specialist I?

Responsible for designing, managing, and administering employer-sponsored retirement plans. Works directly with employers to optimize plan design and performance to benefit both employers and employees. Ensures plan compliance with all applicable government regulations. Prepares and completes any required government filings, annual testing, and reporting. Typically requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.

5. What industry pays the highest salary for Retirement Plan Services Specialist I?

The Financial Services industry offers the highest average compensation for Retirement Plan Services Specialist I roles, with salaries approximately 60% above the market median.

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.)

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Retirement Plan Services Specialist I Salary in the United States

How much does a Retirement Plan Services Specialist I make in the United States?

Key Factors That Influence Retirement Plan Services Specialist I Salaries

How Experience Level Affects Retirement Plan Services Specialist I Salaries?

How Do Retirement Plan Services Specialist I Salaries Vary from State to State?

Top Paying Cities for Retirement Plan Services Specialist Is

Retirement Plan Services Specialist I Salary by Company Size: Startups vs. Enterprise

Retirement Plan Services Specialist I Salary by Company Size

Retirement Plan Services Specialist I Salary by Industry: Top Paying Sectors

The top paying industry for a Retirement Plan Services Specialist I

Retirement Plan Services Specialist I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Retirement Plan Services Specialist I Salary Growth & Career Path

Most common benefits for Retirement Plan Services Specialist I

Common company salaries for Retirement Plan Services Specialist I

Find Your Next Retirement Plan Services Specialist I Job

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FAQ about Retirement Plan Services Specialist I

1. Where can a Retirement Plan Services Specialist I earn the most?

2. What is the highest pay for Retirement Plan Services Specialist I?

3. What is the lowest pay for Retirement Plan Services Specialist I?

4. What are the responsibilities of Retirement Plan Services Specialist I?

5. What industry pays the highest salary for Retirement Plan Services Specialist I?

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?

Retirement Plan Services Specialist I Salary in the United States

How much does a Retirement Plan Services Specialist I make in the United States?

Key Factors That Influence Retirement Plan Services Specialist I Salaries

How Experience Level Affects Retirement Plan Services Specialist I Salaries?

How Do Retirement Plan Services Specialist I Salaries Vary from State to State?

Top Paying Cities for Retirement Plan Services Specialist Is

Retirement Plan Services Specialist I Salary by Company Size: Startups vs. Enterprise

Retirement Plan Services Specialist I Salary by Company Size

Retirement Plan Services Specialist I Salary by Industry: Top Paying Sectors

The top paying industry for a Retirement Plan Services Specialist I

Retirement Plan Services Specialist I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Retirement Plan Services Specialist I Salary Growth & Career Path

Salaries of Jobs related to Retirement Plan Services Specialist I

Most common benefits for Retirement Plan Services Specialist I

Common company salaries for Retirement Plan Services Specialist I

Find Your Next Retirement Plan Services Specialist I Job

For Employees

For Employers

FAQ about Retirement Plan Services Specialist I

1. Where can a Retirement Plan Services Specialist I earn the most?

2. What is the highest pay for Retirement Plan Services Specialist I?

3. What is the lowest pay for Retirement Plan Services Specialist I?

4. What are the responsibilities of Retirement Plan Services Specialist I?

5. What industry pays the highest salary for Retirement Plan Services Specialist I?

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?