MVP Plan Administrators Inc Salary

MVP Plan Administrators Inc Salary

How much does the MVP Plan Administrators Inc Pay for employees?

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As of July 2026, the average annual salary for employees at MVP Plan Administrators Inc in the United States is $87,021. This translates to an approximate hourly wage of $42. Salaries at MVP Plan Administrators Inc typically range from $76,570 to $98,393 annually, reflecting the diverse roles and experience levels within the company. MVP Plan Administrators Inc’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 MVP Plan Administrators Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at MVP Plan Administrators Inc. 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 MVP Plan Administrators Inc

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

Is MVP Plan Administrators Inc’s Pay Competitive? Salary Benchmarking Analysis

How does MVP Plan Administrators Inc’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)
MVP Plan Administrators Inc
Insurance
Alabama Comp
InvisionBenefit
Industry Comparison
Our data shows that, on average, compensation at MVP Plan Administrators Inc is below the average for the U.S. Insurance industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared MVP Plan Administrators Inc average annual salary with several similar companies. MVP Plan Administrators Inc average salary of $87,021 is higher than Alabama Comp, which has an average salary of $85,534. It is lower than InvisionBenefit, with their average salary at $94,025. This places MVP Plan Administrators Inc in a mid-range position among its peers.
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How MVP Plan Administrators Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at MVP Plan Administrators Inc. Click a company name to learn more.

Employee Reviews: Working at MVP Plan Administrators Inc

Considering a career at MVP Plan Administrators Inc? 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 company provides a stable and rewarding career in the insurance industry. I’d recommend this company to professionals seeking growth in insurance. The compensation is fair, and bonuses are performance-based. Insurance products are competitive, making client interactions straightforward. Training programs are thorough, aiding professional growth.
Commented in April 19, 2025
31
0
Team collaboration is encouraged, and there’s a real sense of camaraderie. It’s a good place for those who prefer a steady, low-drama workplace. Management is supportive, and career growth opportunities exist.
Commented in January 11, 2025
41
2
The insurance products are reputable, making client interactions smoother. Processes are well-documented, reducing confusion in daily tasks. The company culture promotes collaboration and innovation in the insurance space. Leadership communicates goals clearly, though more feedback sessions would help.
Commented in July 22, 2024
50
1

MVP Plan Administrators Inc Overview

Website
www.mvpplanadmin.com
Founded In
2001
Employees
<25 employees
Industry
Insurance
Headquarter Address
15300 Weston Pkwy Cary North Carolina NC 27513
Revenue
$5 Million - $10 Million
Phone Number
+1 9194652220
Social Media
About MVP Plan Administrators Inc
Retirement plan administration and record keeping are the heart of what MVP Plan Administrators does. The continual compliance of the plan is our focus.

What Benefits Does MVP Plan Administrators Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. MVP Plan Administrators Inc 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 Cary?

Understanding the cost of living near Cary is key to truly evaluating a salary offer or your current compensation at MVP Plan Administrators Inc.
Cary's Cost of Living Index is approximately 113.6 (13.6% more expensive than US average; 18.3% more than NC average). Affluent Raleigh suburb (Wake Co.), excellent schools, high housing costs. GoCary/GoTriangle. When planning your budget based on a salary from MVP Plan Administrators Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of MVP Plan Administrators Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (GoCary pass, GoTriangle extra) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,040 - $4,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MVP Plan Administrators Inc

1. What is the typical salary range (low to high) for most roles at MVP Plan Administrators Inc?

The typical annual salary range for most roles at MVP Plan Administrators Inc is approximately from $76,570 to $98,393. 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 MVP Plan Administrators Inc pay compared to Alabama Comp?

The average annual salary at MVP Plan Administrators Inc is $87,021, or an hourly wage of $42, in comparison to Alabama Comp which pays $85,534 per year or $41 per hour.

3. Do salaries differ significantly between departments at MVP Plan Administrators Inc?

Yes, salaries often differ between departments at MVP Plan Administrators Inc 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 MVP Plan Administrators Inc?

Experience level is a significant factor in determining salary at MVP Plan Administrators Inc, 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 MVP Plan Administrators Inc in Cary is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at MVP Plan Administrators Inc?

Several key factors influence salary levels at MVP Plan Administrators Inc. 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: MVP Plan Administrators Inc likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.

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