Pension Plan Administrator Salary in New York, NY

How much does a Pension Plan Administrator make in New York, NY?

As of March 01, 2025, the average annual salary for a Pension Plan Administrator in New York, NY is $77,479. According to Salary.com, salaries can range from a low of $61,856 to a high of $98,948, with most professionals earning between $69,301 and $88,716.

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Salary range for an Pension Plan Administrator

$69,301 to $88,716

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What is a Pension Plan Administrator?

A Pension Plan Administrator is responsible for managing and overseeing the company's pension plan. This includes ensuring compliance with all relevant laws and regulations, communicating with plan participants, processing and tracking contributions, and managing the investment of plan assets. The administrator also plays a key role in educating employees about the pension plan and assisting them with any questions or concerns they may have. Additionally, they may be responsible for preparing and filing required reports with government agencies and ensuring that the plan operates in the best interest of the employees. Strong attention to detail, knowledge of pension laws and regulations, and excellent communication skills are essential for this role.

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What does a Pension Plan Administrator do?

Common responsibilities of a Pension Plan Administrator

Work with investment managers to oversee the investment of pension plan assets and ensure they align with the plan's objectives.

September 01, 2023

Stay up-to-date on changes in pension plan regulations and ensure plans remain in compliance with all relevant laws.

September 19, 2023

Monitor the financial performance of pension plans and make recommendations for adjustments as needed.

September 27, 2023

Coordinate with external auditors and consultants to ensure accurate and timely reporting of pension plan activities.

September 27, 2023

Communicate with employees about their pension plan options and provide guidance on enrollment and contribution decisions.

October 03, 2023

Prepare and distribute annual reports and statements to plan participants, providing them with information about their plan's performance and benefits.

October 27, 2023

Design and implement pension plans for employees, ensuring compliance with legal and regulatory requirements.

November 05, 2023

Educate employees about retirement planning and the benefits of participating in the pension plan.

November 07, 2023

Manage the day-to-day administration of pension plans, including processing contributions, distributions, and loan requests.

November 15, 2023

Assist with the resolution of any issues or disputes related to pension plan administration.

November 27, 2023

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Pension Plan Administrator Salary By Experience Levels in New York, NY

How much should you be earning in Pension Plan Administrator in New York, NY based on your current experience?

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Pension Plan Administrator Salary By Level of Education in New York, NY

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Pension Plan Administrator in New York, NY

Average Base Salary

Core compensation

69301

88716

77479

Average Total Cash Compensation

Includes base and annual incentives

70262

90920

79849

What is the average salary for Pension Plan Administrator in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Pension Plan Administrator in New York, NY. The base salary for Pension Plan Administrator ranges from $69,301 to $88,716 with the average base salary of $77,479. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $70,262 to $90,920 with the average total cash compensation of $79,849.

View Average Salary for Pension Plan Administrator as table

	Average Salary	Average Salary Range
Base Salary	$77,479	$69,301 - $88,716
Bonus	$2,370	$960 - $2,203
Total Pay	$79,849	$70,262 - $90,920

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Pension Plan Administrator Salary Near New York, NY

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO New York, NY
CITY, STATE West New York, NJ	AVERAGE SALARY RANGE $69,717 - $89,248	COMPARE TO New York, NY
CITY, STATE Hoboken, NJ	AVERAGE SALARY RANGE $69,717 - $89,248	COMPARE TO New York, NY
CITY, STATE Union City, NJ	AVERAGE SALARY RANGE $69,717 - $89,248	COMPARE TO New York, NY
CITY, STATE Jersey City, NJ	AVERAGE SALARY RANGE $69,717 - $89,248	COMPARE TO New York, NY
CITY, STATE Bronx, NY	AVERAGE SALARY RANGE $69,717 - $89,248	COMPARE TO New York, NY
CITY, STATE Brooklyn, NY	AVERAGE SALARY RANGE $69,717 - $89,248	COMPARE TO New York, NY

See salaries for Pension Plan Administrator in locations close to New York, NY. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About New York, New York

The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estimated 2017 population of 8,622,698 distributed over a land area of about 302.6 square miles (784 km2), New York is also the most densely populated major city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, the largest metropolitan area in the world by urban landmass and one of the world's most populous megacities, with an estimated 20,320,876 people in its 2017 M...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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The Pension Plan Administrator job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in New York, NY that might be a good fit for the type of job and salary you are looking for.

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69301

88716

About New York, New York The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estim....More

New York, New York area prices were up 1.6% from a year ago

Pension Plan Administrator Salary in popular cities: Buffalo, Rochester, Yonkers

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