MB Fund Administration Services Salary

MB Fund Administration Services Salary

How much does the MB Fund Administration Services Pay for employees?

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As of August 2026, the average annual salary for employees at MB Fund Administration Services in the United States is $116,429. This translates to an approximate hourly wage of $56. Salaries at MB Fund Administration Services typically range from $102,384 to $131,767 annually, reflecting the diverse roles and experience levels within the company. MB Fund Administration Services’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.
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Current Job Openings at MB Fund Administration Services

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Is MB Fund Administration Services’s Pay Competitive? Salary Benchmarking Analysis

How does MB Fund Administration Services’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
180k
150k
120k
90k
60k
30k
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Average Salary ($/year)
MB Fund Administration Services
Insurance
670 Welfare Fund Joint Board of Trustees
Fasmicro Ltd
Industry Comparison
Our data shows that, on average, compensation at MB Fund Administration Services is below the average for the U.S. Insurance industry by approximately 6%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared MB Fund Administration Services average annual salary with several similar companies. MB Fund Administration Services average salary of $116,429 is lower than 670 Welfare Fund Joint Board of Trustees, which has an average salary of $116,840. It is higher than Fasmicro Ltd, with their average salary at $95,016. This places MB Fund Administration Services in a mid-range position among its peers.
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How MB Fund Administration Services's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at MB Fund Administration Services. Click a company name to learn more.

Employee Reviews: Working at MB Fund Administration Services

Considering a career at MB Fund Administration Services? 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.
There are occasional training sessions, though more development opportunities would be beneficial. Colleagues are cooperative, and the office environment is professional. The workload is balanced, with no excessive pressure. There are occasional training sessions, though more specialized programs could be beneficial. The insurance training programs are excellent, and career advancement is encourag...
Commented in May 16, 2025
50
1
Leadership is supportive and provides opportunities for career advancement. For those who prefer structure and consistency, this is a reasonable workplace. It’s a suitable workplace for those seeking consistency in the insurance sector. The company is stable, with a strong presence in the insurance market. Great place to work if you’re looking for stability and growth. Leadership promotes from wit...
Commented in June 19, 2024
12
2
A good fit for those seeking consistency in the insurance field. I’ve thoroughly enjoyed my time at this insurance company. The company culture promotes teamwork and innovation in the insurance space. It’s a stable job, but career advancement opportunities could be more transparent. I’ve built strong relationships here and feel appreciated for my contributions.
Commented in February 11, 2024
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1

MB Fund Administration Services Overview

Website
www.mbbpo.com
Founded In
2005
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
1040 1st Ave New York City New York NY 10022
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MB Fund Administration Services
MB Solutions, a fund administration and management company based in India and USA provides fund administration and management, outsourcing and advisory services to global companies.

What Benefits Does MB Fund Administration Services Offer Beyond Salary?

A competitive compensation package is more than just a salary. MB Fund Administration Services 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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What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at MB Fund Administration Services.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from MB Fund Administration Services, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of MB Fund Administration Services 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) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MB Fund Administration Services

1. How much does MB Fund Administration Services in the United States pay?

MB Fund Administration Services pays its employees an average of $116,429 per year. The average salary at MB Fund Administration Services range from $102,384 to $131,767 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 MB Fund Administration Services employees get a higher salary than its peer company?

The salary at MB Fund Administration Services is lesser than its peer company. The average annual salary at MB Fund Administration Services is $116,429, or an hourly wage of $56, in comparison to 670 Welfare Fund Joint Board of Trustees which pays $116,840 per year or $56 per hour.

3. How much does salary increase with years of experience at MB Fund Administration Services?

Salary progression with years of experience at MB Fund Administration Services 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 MB Fund Administration Services vary by office location?

Yes, it's very likely that salaries at MB Fund Administration Services 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 New York section provides more context.

5. Does MB Fund Administration Services offer good benefits?

MB Fund Administration Services 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 MB Fund Administration Services" section on this page.

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