Retirement Plan Advisor Salaries in Illinois
How Much Does a Retirement Plan Advisor Make in Illinois?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Retirement Plan Advisor in Illinois is $67,391.
While Salary.com is seeing that Retirement Plan Advisor salary in IL can go up to $90,522
or down to $43,938, but most earn between $55,115 and $79,499.
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 Retirement Plan Advisor
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Similar Job Salaries to Retirement Plan Advisor by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Alera Group, Inc.
Retirement Plan Services - Operations Associate
|
$58,933/yr
|
RANGE: $52,511 - $65,354
|
|
Empower
Retirement Plan Advisor
|
$55,499/yr
|
RANGE: $49,630 - $61,369
|
|
Empower
Retirement Plan Advisor- Milwaukee
|
$58,497/yr
|
RANGE: $52,310 - $64,683
|
|
CrossFirst Bank
Retirement Plan Services Advisor
|
$55,585/yr
|
RANGE: $49,528 - $61,642
|
|
Empower Retirement
Retirement Plan Advisor
|
$62,885/yr
|
RANGE: $56,234 - $69,536
|
|
CPS, Inc.
Retirement Plan Advisor
|
$56,925/yr
|
RANGE: $50,722 - $63,128
|
Top 10 Highest Paying Cities For Retirement Plan Advisor Jobs in Illinois
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Retirement Plan Advisor can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Retirement Plan Advisor job salaries in Illinois.
Some cities can pay higher salaries for Retirement Plan Advisor jobs, which can indicate that there is a large demand for Retirement Plan Advisor positions in this city.
The following table shows top 10 cities where the Retirement Plan Advisor salary is higher than other cities in Illinois.
Chicago takes first place in this list, followed by Cicero, Oak Park.
The Retirement Plan Advisor salary is $68,323 in Chicago,
which is higher than the national average. There are 20 cities' Retirement Plan Advisor salary higher than national average in Illinois.
The average salary for a Retirement Plan Advisor in Illinois is $67,391,
but we found that the city with the highest salary for Retirement Plan Advisor jobs is Chicago, IL, and it is higher than Cicero.
Retirement Plan Advisor jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Chicago | $68,323 | $5,694 | $1,314 | $33 |
| Cicero | $68,323 | $5,694 | $1,314 | $33 |
| Oak Park | $68,323 | $5,694 | $1,314 | $33 |
| Evanston | $68,297 | $5,691 | $1,313 | $33 |
| Skokie | $68,297 | $5,691 | $1,313 | $33 |
| Oak Lawn | $68,244 | $5,687 | $1,312 | $33 |
| Des Plaines | $68,138 | $5,678 | $1,310 | $33 |
| Mount Prospect | $68,085 | $5,674 | $1,309 | $33 |
| Aurora | $67,794 | $5,650 | $1,304 | $33 |
| Hoffman Estates | $67,735 | $5,645 | $1,303 | $33 |
What Does a Retirement Plan Advisor Do?
Through the Small Market Solution, retirement plan advisors like you are able to offer to smaller clients the same range of services your larger clients expect.
Updated December 22, 2021
In addition to helping employees find the right investment mix, a retirement plan advisor can help them understand how much they need to save now in order to meet future income goals in retirement.
Updated December 15, 2021
With an advisor at your side, you can navigate these waters smoothly and with confidence to create a best practices retirement plan that helps protect you from liability and loss while promoting positive participant outcomes.
Updated December 11, 2021
Investments offered in a retirement plan often receive a great deal of focus from employees and employers alike.
Updated December 10, 2021
Raymond James Retirement Plan & Institutional Advisory Council advisors can help plan sponsors manage the decision-making process, document the steps along the way and supervise the results of those decisions, all while acting in your plan’s best interests.
Updated December 09, 2021
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Explore JobArchitectFrequently Asked Questions About a Retirement Plan Advisor Salaries
What is the average of a Retirement Plan Advisor in Illinois?
The Retirement Plan Advisor salary range is from $55,115 to $79,499, and the average Retirement Plan Advisor salary is $67,391/year in Illinois.
The Retirement Plan Advisor's salary will change in different locations.
Which location pays the highest Retirement Plan Advisor salary in the United States?
The Retirement Plan Advisor salary in San Jose, CA is $83,391
which is the highest in the US.
What kinds of reasons will influence the Retirement Plan Advisor'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 Retirement Plan Advisor.
What is the growth rate of the Retirement Plan Advisor's salary?
If you are thinking of becoming a Retirement Plan Advisor or planning the next step in your career, find the detailed salary report of a Retirement Plan Advisor.
