401 Plans Salary

How much does the 401 Plans Pay for employees?

As of August 2026, the average annual salary for employees at 401 Plans in the United States is $98,139. This translates to an approximate hourly wage of $47. Salaries at 401 Plans typically range from $86,348 to $110,965 annually, reflecting the diverse roles and experience levels within the company. 401 Plans’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does 401 Plans Pay for Different Roles?

Explore detailed salary information for specific jobs at 401 Plans. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at 401 Plans

Ready for your next career move? Explore current job openings at 401 Plans. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is 401 Plans’s Pay Competitive? Salary Benchmarking Analysis

How does 401 Plans’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
401 Plans
Insurance
Monroe & Monroe Insurance Agency Ltd
Partee Insurance Associates Inc
Industry Comparison
Our data shows that, on average, compensation at 401 Plans is below the average for the U.S. Insurance industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared 401 Plans average annual salary with several similar companies. 401 Plans average salary of $98,139 is higher than Monroe & Monroe Insurance Agency Ltd, which has an average salary of $87,485. It is lower than Partee Insurance Associates Inc, with their average salary at $101,609. This places 401 Plans in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Employee Reviews: Working at 401 Plans

Considering a career at 401 Plans? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The orhanization have established protocols for most tasks, which can be helpful for efficiency. The office environment is comfortable, and processes are efficient. The company provides great training and resources. The company’s emphasis on work-life balance is commendable. There’s a good mix of challenges and rewards, making each day engaging.
The health benefits are above average, and the company culture is inclusive. It’s a dependable workplace, suitable for those who prefer a steady routine in the insurance field. The hybrid schedule allows flexibility, and the health benefits are excellent. It’s a great place to grow in the insurance field. The annual employee appreciation events are a nice touch. There are plenty of opportunities t...
The company operates efficiently, and processes are well-defined. I’ve grown professionally since joining this company. I’ve seen many colleagues advance internally, which speaks to the company’s commitment to employee development. Leadership provides clear direction, making it a stable place to work.

401 Plans Overview

Website
www.401plans.com
Founded In
1986
Employees
<25 employees
Industry
Insurance
Headquarter Address
40 W Cochran St Simi Valley California CA 93065
Revenue
<$5 Million
Phone Number
+1 8055273727
Social Media
About 401 Plans
401 Plans is among the most progressive leaders in the retirement plan service industry today, with 40 years of consistent service to thousands of businesses through out California and the nation. 401 Plans is continually growing by offering excellent retirement plan design and specific solutions which allow business owners and employees to feel secure about their future retirement. 401 Plans take

What Benefits Does 401 Plans Offer Beyond Salary?

A competitive compensation package is more than just a salary. 401 Plans offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Simi Valley?

Understanding the cost of living near Simi Valley is key to truly evaluating a salary offer or your current compensation at 401 Plans.
Simi Valley's Cost of Living Index is approximately 147.2 (47.2% more expensive than US average; 5.3% more than CA average). Ventura County suburb, desirable family area with high housing costs. When planning your budget based on a salary from 401 Plans, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,100 - $3,000+ A significant portion of 401 Plans salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (Simi Valley Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,570 - $5,430+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of 401 Plans

1. What is the typical salary range (low to high) for most roles at 401 Plans?

The typical annual salary range for most roles at 401 Plans is approximately from $86,348 to $110,965. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does 401 Plans pay compared to Monroe & Monroe Insurance Agency Ltd?

The average annual salary at 401 Plans is $98,139, or an hourly wage of $47, in comparison to Monroe & Monroe Insurance Agency Ltd which pays $87,485 per year or $42 per hour.

3. Do salaries differ significantly between departments at 401 Plans?

Yes, salaries often differ between departments at 401 Plans due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at 401 Plans?

Experience level is a significant factor in determining salary at 401 Plans, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from 401 Plans in Simi Valley is fair given the local cost of living?

To determine if a salary offer from 401 Plans in Simi Valley is fair, first compare the gross salary to our data for similar roles at 401 Plans and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Simi Valley" to understand its purchasing power.

6. What are the key factors that influence salary levels at 401 Plans?

Several key factors influence salary levels at 401 Plans. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: 401 Plans likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.