Pension administrator vs administrator

The differences between pension administrators and administrators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a pension administrator, becoming an administrator takes usually requires 1-2 years. Additionally, an administrator has an average salary of $72,882, which is higher than the $57,547 average annual salary of a pension administrator.

The top three skills for a pension administrator include customer service, plan administration and IRS. The most important skills for an administrator are customer service, data entry, and troubleshoot.

Pension administrator vs administrator overview

	Pension Administrator	Administrator
Yearly salary	$57,547	$72,882
Hourly rate	$27.67	$35.04
Growth rate	7%	5%
Number of jobs	50,422	67,553
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 56%
Average age	45	43
Years of experience	6	2

Pension administrator vs administrator salary

Pension administrators and administrators have different pay scales, as shown below.

	Pension Administrator	Administrator
Average salary	$57,547	$72,882
Salary range	Between $37,000 And $87,000	Between $46,000 And $113,000
Highest paying City	Needham, MA	San Francisco, CA
Highest paying state	New Jersey	Washington
Best paying company	Kerkering Barberio	Apple
Best paying industry	-	Manufacturing

Differences between pension administrator and administrator education

There are a few differences between a pension administrator and an administrator in terms of educational background:

	Pension Administrator	Administrator
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 56%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Pension administrator vs administrator demographics

Here are the differences between pension administrators' and administrators' demographics:

	Pension Administrator	Administrator
Average age	45	43
Gender ratio	Male, 35.7% Female, 64.3%	Male, 36.0% Female, 64.0%
Race ratio	Black or African American, 11.1% Unknown, 3.7% Hispanic or Latino, 15.4% Asian, 7.9% White, 61.4% American Indian and Alaska Native, 0.4%	Black or African American, 8.9% Unknown, 5.1% Hispanic or Latino, 12.6% Asian, 8.8% White, 64.3% American Indian and Alaska Native, 0.3%
LGBT Percentage	9%	9%

Differences between pension administrator and administrator duties and responsibilities

Pension administrator example responsibilities.

Lead special project team construct to interpret the initial impact of ERISA legislation on company pension operations.
Participate in establishing and testing pension plans on PeopleSoft to automate applicable calculations.
Assist in plan design issues that comply with client needs and ERISA and DOL laws.
Train in filing of 5500 tax returns with the DOL.
Review trend analysis for fail ACP and ADP tests.
Conduct top heavy, ADP, and ACP compliance testing of define contribution plans.

Administrator example responsibilities.

Develop a Perl script to manage the LDAP schema.
Hire and manage all receptionists and assistant MCA's.
Used all tools of Java stack in supporting and managing it.
Manage and process product orders on windows base on-line computer network system.
Manage ADP time system for technicians and approve time-off requests, supporting management.
Manage professional staff of 9 (including 5 MDs) and support staff of 10

Pension administrator vs administrator skills

Common pension administrator skills

Customer Service, 11%
Plan Administration, 9%
IRS, 7%
Financial Statements, 7%
ERISA, 7%
DOL, 5%

Common administrator skills

Customer Service, 18%
Data Entry, 7%
Troubleshoot, 6%
Payroll, 6%
Financial Reports, 4%
Oversight, 4%