Preferred Administrators Salary

Preferred Administrators Salary

How much does the Preferred Administrators Pay for employees?

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As of April 2026, the average annual salary for employees at Preferred Administrators in the United States is $78,635. This translates to an approximate hourly wage of $38. Salaries at Preferred Administrators typically range from $69,185 to $88,918 annually, reflecting the diverse roles and experience levels within the company. Preferred Administrators’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 Preferred Administrators Pay for Different Roles?

Explore detailed salary information for specific jobs at Preferred Administrators. 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.
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Current Job Openings at Preferred Administrators

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

Is Preferred Administrators’s Pay Competitive? Salary Benchmarking Analysis

How does Preferred Administrators’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
0
Average Salary ($/year)
Preferred Administrators
Insurance
Penser North America Inc
htmLIMITED RISKS GROUP Inc
Industry Comparison
Our data shows that, on average, compensation at Preferred Administrators is below the average for the U.S. Insurance industry by approximately 37%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Preferred Administrators average annual salary with several similar companies. Preferred Administrators average salary of $78,635 is lower than Penser North America Inc, which has an average salary of $90,797. It is lower than htmLIMITED RISKS GROUP Inc, with their average salary at $85,502. This places Preferred Administrators in a developing 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.

How Preferred Administrators's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Preferred Administrators

Considering a career at Preferred Administrators? 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.
Training opportunities are abundant, and the compensation package is competitive. The workload is predictable, and colleagues are easy to work with. I’m satisfied with my role and the opportunities available here. Management listens to feedback. Leadership is engaged, and career advancement opportunities are clear.
Commented in May 08, 2025
50
2
The insurance industry can be fast-paced, but the management ensures employees have the tools to succeed. The corporate culture emphasizes inclusivity, making it a welcoming place for diverse talent. Colleagues are knowledgeable and collaborative. Regular training keeps skills sharp, and leadership is engaged. I’d highly recommend it to anyone seeking stability and growth in insurance. The team at...
Commented in April 18, 2025
13
1
The work environment is positive, and management is approachable. The insurance products are well-regarded, aiding client trust. Compensation is competitive, and bonuses are performance-based but fair. The wellness programs and employee perks are a big plus.
Commented in March 23, 2024
29
2

Preferred Administrators Overview

Website
www.preferredadmin.net
Founded In
2018
Employees
<25 employees
Industry
Insurance
Headquarter Address
1145 Westmoreland Dr El Paso Texas TX 79925
Revenue
<$5 Million
Phone Number
+1 9155323778
Social Media
About Preferred Administrators
Preferred Administrators is a company that operates in the Insurance industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in El Paso, Texas.

What Benefits Does Preferred Administrators Offer Beyond Salary?

A competitive compensation package is more than just a salary. Preferred Administrators 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 El Paso?

Understanding the cost of living near El Paso is key to truly evaluating a salary offer or your current compensation at Preferred Administrators.
El Paso's Cost of Living Index is approximately 81.8 (18.2% less expensive than US average; 12.0% less than TX average). Border city, very affordable housing. Sun Metro. When planning your budget based on a salary from Preferred Administrators, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Preferred Administrators salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $36 (Sun Metro monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,036 - $3,206+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Preferred Administrators

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

The typical annual salary range for most roles at Preferred Administrators is approximately from $69,185 to $88,918. 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 Preferred Administrators pay compared to Penser North America Inc?

The average annual salary at Preferred Administrators is $78,635, or an hourly wage of $38, in comparison to Penser North America Inc which pays $90,797 per year or $44 per hour.

3. Do salaries differ significantly between departments at Preferred Administrators?

Yes, salaries often differ between departments at Preferred Administrators 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 Preferred Administrators?

Experience level is a significant factor in determining salary at Preferred Administrators, 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 Preferred Administrators in El Paso is fair given the local cost of living?

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

6. What factors influence salary increases at Preferred Administrators?

Salary increases at Preferred Administrators are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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