Life Benefit Plan Salary

How much does the Life Benefit Plan Pay for employees?

As of August 2026, the average annual salary for employees at Life Benefit Plan in the United States is $107,653. This translates to an approximate hourly wage of $52. Salaries at Life Benefit Plan typically range from $94,714 to $121,720 annually, reflecting the diverse roles and experience levels within the company. Life Benefit Plan’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 Life Benefit Plan Pay for Different Roles?

Explore detailed salary information for specific jobs at Life Benefit Plan. 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 Life Benefit Plan

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

Is Life Benefit Plan’s Pay Competitive? Salary Benchmarking Analysis

How does Life Benefit Plan’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)
Life Benefit Plan
Insurance
BMP Insurance Services
R & K Wireless
Industry Comparison
Our data shows that, on average, compensation at Life Benefit Plan is below the average for the U.S. Insurance industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Life Benefit Plan average annual salary with several similar companies. Life Benefit Plan average salary of $107,653 is higher than BMP Insurance Services, which has an average salary of $90,702. It is higher than R & K Wireless, with their average salary at $98,750. This places Life Benefit Plan in a competitive position among its peers.
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Employee Reviews: Working at Life Benefit Plan

Considering a career at Life Benefit Plan? 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.
Compensation is competitive, and benefits are robust. While the job may not be exciting every day, it offers stability and a decent work environment. Proud to be part of this growing company. Management is proactive in recognizing hard work and providing opportunities for advancement. The work environment is collaborative, and management values employee input.
The company also participates in community initiatives, which adds to its positive image. Benefits like health coverage and performance bonuses are excellent. Overall, it’s a stable and supportive workplace with opportunities for career advancement. The office culture is inclusive, and teamwork is emphasized. The benefits package is comprehensive, including wellness programs and tuition reimbursem...
Team dynamics are positive, and management is approachable. Compensation is market-appropriate, though not groundbreaking. The office environment is professional, though some departments have more interaction than others. I’d highly recommend this employer to others in the industry. The culture is inclusive, and diversity is celebrated.

Life Benefit Plan Overview

Website
www.lifebenefitplan.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Insurance
Headquarter Address
325 73rd St Brooklyn New York NY 11209
Revenue
<$5 Million
Phone Number
+1 7182382399
Social Media
About Life Benefit Plan
We are a Community Based Organization, providing service to labor organizations and associations in the private and public sectors over sixty (60) years. Life Benefit Plan is an E.R.I.S.A Fund, governed by the U.S Department of Labor and the U.S. Department of Justice. In order to be compliant, we annually file a 5500 form and submit to Department of Labor audits as well as filings under the Inter

What Benefits Does Life Benefit Plan Offer Beyond Salary?

A competitive compensation package is more than just a salary. Life Benefit Plan 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?

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What Is the Cost of Living Near Brooklyn?

Understanding the cost of living near Brooklyn is key to truly evaluating a salary offer or your current compensation at Life Benefit Plan.
Brooklyn (NYC borough) Cost of Living is extremely high, varies by neighborhood from very expensive to astronomically expensive. MTA subway/bus. When planning your budget based on a salary from Life Benefit Plan, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,500+ A significant portion of Life Benefit Plan salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $480 - $720 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $440 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,547 - $7,277+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Life Benefit Plan

1. How much does Life Benefit Plan in the United States pay?

Life Benefit Plan pays its employees an average of $107,653 per year. The average salary at Life Benefit Plan range from $94,714 to $121,720 per year. 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. Do Life Benefit Plan employees get a higher salary than its peer company?

The salary at Life Benefit Plan is higher than its peer company. The average annual salary at Life Benefit Plan is $107,653, or an hourly wage of $52, in comparison to BMP Insurance Services which pays $90,702 per year or $44 per hour.

3. How much does salary increase with years of experience at Life Benefit Plan?

Salary progression with years of experience at Life Benefit Plan is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Life Benefit Plan vary by office location?

Yes, it's very likely that salaries at Life Benefit Plan vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Brooklyn section provides more context.

5. Does Life Benefit Plan offer good benefits?

Life Benefit Plan typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Life Benefit Plan" section on this page.