Benefit Plan Administrator Salary
How much does the Benefit Plan Administrator Pay for employees?
Thanks for your feedback!
Current Job Openings at Benefit Plan Administrator
Is Benefit Plan Administrator’s Pay Competitive? Salary Benchmarking Analysis
Companies Similar to Benefit Plan Administrator and Their Hourly Pay Rates
Reid Retirement Benefits LLC
$104,288 / year
Salary Range: $91,709 - $118,025
Waterbury, CT
Midwest Pension Administrators Inc
$94,162 / year
Salary Range: $82,802 - $106,563
Olathe, KS
Flight Plan Employee Benefits Group
$93,318 / year
Salary Range: $82,059 - $105,611
Raleigh, NC
Employer Retirement
$109,678 / year
Salary Range: $96,446 - $124,122
Los Angeles, CA
Building Service Employee Pension Plan
$121,471 / year
Salary Range: $106,819 - $137,474
San Francisco, CA
Delta Dental Plan of Arkansas
$89,690 / year
Salary Range: $78,871 - $101,502
Sherwood, AR
Retirement System City of Detroit
$98,139 / year
Salary Range: $86,302 - $111,038
Detroit, MI
URCA Workers Compensation Trust Fund
$106,450 / year
Salary Range: $93,615 - $120,439
Orange, CA
Atlantic Pension Design and Administration
$104,225 / year
Salary Range: $91,654 - $117,915
Cherry Hill, NJ
Employee Reviews: Working at Benefit Plan Administrator
Benefit Plan Administrator Overview
What Benefits Does Benefit Plan Administrator Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Fort Smith?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $650 - $1,000+ | A significant portion of Benefit Plan Administrator salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $25 - $35 (Fort Smith Transit) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $330 - $480 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $250 - $500+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $330 - $600+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $1,725 - $2,845+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Benefit Plan Administrator
1. How much does a Benefit Plan Administrator employee make?
Benefit Plan Administrator pays its employees an average of $41 per hour. The average salary at Benefit Plan Administrator range from $36 to $46 per hour. 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. Which similar company tend to pay more or less than Benefit Plan Administrator?
The salary at Benefit Plan Administrator is lesser than the similar company. The average annual salary at Benefit Plan Administrator is $84,500, or an hourly wage of $41, in comparison to Reid Retirement Benefits LLC which pays $104,288 per year or $50 per hour.
3. Do employees with advanced degrees (Master's, PhD) earn more at Benefit Plan Administrator?
In many roles at Benefit Plan Administrator, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
4. How does the cost of living near Fort Smith affect the perceived value of a Benefit Plan Administrator salary?
Fort Smith's Cost of Living Index is approximately 74.8 (25.2% less expensive than US average; 5.3% less than AR average). This significantly impacts the purchasing power of a salary from Benefit Plan Administrator based there. Our "Cost of Living Insights for Fort Smith" module details this impact, helping you assess the 'real feel' value of your compensation.
5. What kind of benefits does Benefit Plan Administrator typically offer employees?
Benefit Plan Administrator generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Benefit Plan Administrator" section on this page.
For Employer
The trusted data and intuitive software your organization needs to get pay right.
Explore CompAnalyst ®Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data SetsReal-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.
SalaryIQTMIf your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning