PlanSponsor Salary

How much does the PlanSponsor Pay for employees?

As of August 2026, the average hourly salary for employees at PlanSponsor in the United States is $53. This translates to an approximate annual wage of $109,973. Salaries at PlanSponsor typically range from $47 to $60 hourly, reflecting the diverse roles and experience levels within the company. PlanSponsor’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 PlanSponsor Pay for Different Roles?

Explore detailed salary information for specific jobs at PlanSponsor. 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 PlanSponsor

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

Is PlanSponsor’s Pay Competitive? Salary Benchmarking Analysis

How does PlanSponsor’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
PlanSponsor
Insurance
Tandem Benefits Inc
UFCW Benefit Fund Physical Address
Industry Comparison
Our data shows that, on average, compensation at PlanSponsor is below the average for the U.S. Insurance industry by approximately 11%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared PlanSponsor average annual salary with several similar companies. PlanSponsor average salary of $109,973 is higher than Tandem Benefits Inc, which has an average salary of $104,953. It is higher than UFCW Benefit Fund Physical Address, with their average salary at $106,967. This places PlanSponsor in a competitive 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 PlanSponsor

Considering a career at PlanSponsor? 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.
A great place to grow your career. The company invests in training, helping employees stay updated with industry trends. For anyone looking for stability and growth in insurance, this is a solid choice. I’ve enjoyed my time here and would recommend it to others seeking a fulfilling insurance career. Competitive pay and excellent benefits.
I’d highly recommend it to anyone seeking stability and growth in insurance. I appreciate the company’s focus on employee satisfaction and career advancement. The office environment is professional, and leadership maintains transparency. Overall, it’s a stable and supportive workplace where employees are valued. Training opportunities exist, but they could be more frequent. Health benefits, retire...
A decent option for those in insurance. A dependable place for steady employment. Reliable employer with standard industry practices.

PlanSponsor Overview

Website
www.plansponsor.com
Founded In
1997
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
1055 Washington Blvd Stamford Connecticut CT 06901
Revenue
$10 Million - $50 Million
Phone Number
+1 2035953276
Social Media
About PlanSponsor
PLANSPONSOR offers industry providers an unparalleled ability to reach this influential audience. With all of the changes within the retirement industry, plan sponsors and advisers rely on PLANSPONSOR magazine to help them stay informed of crucial issues and important new innovative solutions.

What Benefits Does PlanSponsor Offer Beyond Salary?

A competitive compensation package is more than just a salary. PlanSponsor 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 Stamford?

Understanding the cost of living near Stamford is key to truly evaluating a salary offer or your current compensation at PlanSponsor.
Stamford's Cost of Living Index is approximately 133.6 (33.6% more expensive than US average; 24.1% more than CT average). Fairfield County city, corporate hub, very high housing costs due to NYC proximity. CTtransit, Metro-North. When planning your budget based on a salary from PlanSponsor, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,200 - $3,200+ A significant portion of PlanSponsor salary. Location choices impact this heavily.
Utilities (Basic) $200 - $320 Electricity, Heating, Cooling, Water etc.
Public Transportation $63 (CTtransit pass, Metro-North extra) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $480 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $430 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,873 - $5,983+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of PlanSponsor

1. How much does a PlanSponsor employee make?

PlanSponsor pays its employees an average of $53 per hour. The average salary at PlanSponsor range from $47 to $60 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 PlanSponsor?

The salary at PlanSponsor is higher than the similar company. The average annual salary at PlanSponsor is $109,973, or an hourly wage of $53, in comparison to Tandem Benefits Inc which pays $104,953 per year or $50 per hour.

3. How much does a Senior Vice President typically earn at PlanSponsor?

A Senior Vice President at PlanSponsor typically earns an average hourly base salary of around $217,863, with a general range of $187,403 to $249,479.

4. Do employees with advanced degrees (Master's, PhD) earn more at PlanSponsor?

In many roles at PlanSponsor, 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.

5. How does the cost of living near Stamford affect the perceived value of a PlanSponsor salary?

Stamford's Cost of Living Index is approximately 133.6 (33.6% more expensive than US average; 24.1% more than CT average). This significantly impacts the purchasing power of a salary from PlanSponsor based there. Our "Cost of Living Insights for Stamford" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does PlanSponsor typically offer employees?

PlanSponsor 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 PlanSponsor" section on this page.