Plan Administrator Salaries in Maryland
How Much Does a Plan Administrator Make in Maryland?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Plan Administrator in Maryland is $73,763.
While Salary.com is seeing that Plan Administrator salary in MD can go up to $90,246
or down to $57,008, but most earn between $64,993 and $82,391.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Plan Administrator
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Similar Job Salaries to Plan Administrator by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Strongpoint Partners
Senior Retirement Plan Administrator
|
$91,937/yr
|
RANGE: $81,605 - $102,268
|
|
Ascensus
Plan Administrator
|
$139,670/yr
|
RANGE: $119,459 - $159,880
|
|
Ascensus LLC
Plan Administrator
|
$146,379/yr
|
RANGE: $125,197 - $167,560
|
|
TOWN OF MONROVIA
Plan Administrator
|
$60,058/yr
|
RANGE: $53,403 - $66,713
|
|
401k Safe, LLC
Plan Administrator
|
$51,355/yr
|
RANGE: $45,423 - $57,288
|
|
Utility Trailer Manufacturing Company, LLC
Retirement Plan Administrator
|
$79,099/yr
|
RANGE: $69,063 - $89,135
|
|
Bravera
Retirement Plan Administrator
|
$61,381/yr
|
RANGE: $53,369 - $69,393
|
Top 10 Highest Paying Cities For Plan Administrator Jobs in Maryland
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Plan Administrator can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Plan Administrator job salaries in Maryland.
Some cities can pay higher salaries for Plan Administrator jobs, which can indicate that there is a large demand for Plan Administrator positions in this city.
The following table shows top 10 cities where the Plan Administrator salary is higher than other cities in Maryland.
Silver Spring takes first place in this list, followed by Bethesda, Potomac.
The Plan Administrator salary is $79,629 in Silver Spring,
which is higher than the national average. There are 15 cities' Plan Administrator salary higher than national average in Maryland.
The average salary for a Plan Administrator in Maryland is $73,763,
but we found that the city with the highest salary for Plan Administrator jobs is Silver Spring, MD, and it is higher than Bethesda.
Plan Administrator jobs in Silver Spring can have the opportunity to earn higher salaries than in other cities in Maryland.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Silver Spring | $79,629 | $6,636 | $1,531 | $38 |
| Bethesda | $79,629 | $6,636 | $1,531 | $38 |
| Potomac | $79,629 | $6,636 | $1,531 | $38 |
| Rockville | $79,558 | $6,630 | $1,530 | $38 |
| Bowie | $79,486 | $6,624 | $1,529 | $38 |
| Waldorf | $79,415 | $6,618 | $1,527 | $38 |
| Gaithersburg | $79,415 | $6,618 | $1,527 | $38 |
| Germantown | $77,268 | $6,439 | $1,486 | $37 |
| Frederick | $76,839 | $6,403 | $1,478 | $37 |
| Baltimore | $73,548 | $6,129 | $1,414 | $35 |
What Does a Plan Administrator Do?
Also, professional plan administrators know the laws and regulations that govern retirement savings and pension programs.
Updated October 25, 2021
For this reason, it’s common for a 3(16) Plan Administrator to outsource the majority of ministerial tasks to a third party service provider.
Updated December 17, 2021
Plan sponsors, plan administrators (and Named Fiduciaries and trustees) all have fiduciary responsibilities.
Updated December 15, 2021
When a business forms a benefits or pension plan, it must designate a plan administrator, naming that person or TPA in the plan documents.
Updated December 15, 2021
Most service providers who offer 3(16) services don’t step fully into the role of 3(16) Plan Administrator.
Updated December 12, 2021
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Explore JobArchitectFrequently Asked Questions About a Plan Administrator Salaries
What is the average of a Plan Administrator in Maryland?
The Plan Administrator salary range is from $64,993 to $82,391, and the average Plan Administrator salary is $73,763/year in Maryland.
The Plan Administrator's salary will change in different locations.
Which location pays the highest Plan Administrator salary in the United States?
The Plan Administrator salary in San Jose, CA is $89,789
which is the highest in the US.
What kinds of reasons will influence the Plan Administrator's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Plan Administrator.
What is the growth rate of the Plan Administrator's salary?
If you are thinking of becoming a Plan Administrator or planning the next step in your career, find the detailed salary report of a Plan Administrator.
