Plan Administrator Salaries in New Mexico
How Much Does a Plan Administrator Make in New Mexico?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Plan Administrator in New Mexico is $66,418.
While Salary.com is seeing that Plan Administrator salary in NM can go up to $81,260
or down to $51,325, but most earn between $58,518 and $74,186.
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 |
|---|---|---|
|
Anonnymous
Plan Administrator
|
$60,690/yr
|
RANGE: $53,922 - $67,457
|
|
Ascensus LLC
Plan Administrator
|
$71,638/yr
|
RANGE: $64,026 - $79,250
|
|
CPS
401k Plan Administrator
|
$74,299/yr
|
RANGE: $66,020 - $82,578
|
|
The Intersect Group
Retirement Plan Administrator
|
$56,562/yr
|
RANGE: $50,413 - $62,710
|
|
Alan N. Daum And Associates
Equity Plan Administrator
|
$88,579/yr
|
RANGE: $82,601 - $94,558
|
|
Careers with M
Nonqualified Plan Administrator
|
$85,058/yr
|
RANGE: $76,466 - $93,650
|
|
M Financial Group
Nonqualified Plan Administrator
|
$92,739/yr
|
RANGE: $83,766 - $101,712
|
|
Talent Recruit
Stock Plan Administrator
|
$105,823/yr
|
RANGE: $97,358 - $114,288
|
|
CPS, Inc.
Retirement Plan Administrator
|
$57,872/yr
|
RANGE: $51,566 - $64,178
|
|
jobbot
Stock Plan Administrator (Hybrid)
|
$96,070/yr
|
RANGE: $88,816 - $103,323
|
Top 10 Highest Paying Cities For Plan Administrator Jobs in New Mexico
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 New Mexico.
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 New Mexico.
Santa Fe takes first place in this list, followed by Albuquerque, Rio Rancho.
The Plan Administrator salary is $67,766 in Santa Fe,
which is lower than the national average. There is 0 city's Plan Administrator salary higher than national average in New Mexico.
The average salary for a Plan Administrator in New Mexico is $66,418,
but we found that the city with the highest salary for Plan Administrator jobs is Santa Fe, NM, and it is higher than Albuquerque.
Plan Administrator jobs in Santa Fe can have the opportunity to earn higher salaries than in other cities in New Mexico.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Santa Fe | $67,766 | $5,647 | $1,303 | $33 |
| Albuquerque | $67,421 | $5,618 | $1,297 | $32 |
| Rio Rancho | $67,206 | $5,601 | $1,292 | $32 |
| Farmington | $66,518 | $5,543 | $1,279 | $32 |
| Clovis | $64,044 | $5,337 | $1,232 | $31 |
| Alamogordo | $63,965 | $5,330 | $1,230 | $31 |
| Hobbs | $63,442 | $5,287 | $1,220 | $31 |
| Roswell | $62,889 | $5,241 | $1,209 | $30 |
| Sunland Park | $62,445 | $5,204 | $1,201 | $30 |
| Las Cruces | $62,122 | $5,177 | $1,195 | $30 |
What Does a Plan Administrator Do?
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
If an administrator is not so designated, the plan administrator is the plan sponsor, as defined in section 3(16)(B) of.
Updated December 08, 2021
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Explore JobArchitectFrequently Asked Questions About a Plan Administrator Salaries
What is the average of a Plan Administrator in New Mexico?
The Plan Administrator salary range is from $58,518 to $74,186, and the average Plan Administrator salary is $66,418/year in New Mexico.
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 $90,447
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.
