Pension administrator vs benefits analyst

The differences between pension administrators and benefits analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a pension administrator and a benefits analyst. Additionally, a pension administrator has an average salary of $57,547, which is higher than the $50,944 average annual salary of a benefits analyst.

The top three skills for a pension administrator include customer service, plan administration and IRS. The most important skills for a benefits analyst are customer service, HR, and HRIS.

Pension administrator vs benefits analyst overview

	Pension Administrator	Benefits Analyst
Yearly salary	$57,547	$50,944
Hourly rate	$27.67	$24.49
Growth rate	7%	7%
Number of jobs	50,422	20,211
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 70%
Average age	45	45
Years of experience	6	6

Pension administrator vs benefits analyst salary

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

	Pension Administrator	Benefits Analyst
Average salary	$57,547	$50,944
Salary range	Between $37,000 And $87,000	Between $36,000 And $70,000
Highest paying City	Needham, MA	New York, NY
Highest paying state	New Jersey	New Jersey
Best paying company	Kerkering Barberio	Amd
Best paying industry	-	Professional

Differences between pension administrator and benefits analyst education

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

	Pension Administrator	Benefits Analyst
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 70%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Pension administrator vs benefits analyst demographics

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

	Pension Administrator	Benefits Analyst
Average age	45	45
Gender ratio	Male, 35.7% Female, 64.3%	Male, 27.8% Female, 72.2%
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, 11.1% Unknown, 3.6% Hispanic or Latino, 15.2% Asian, 7.8% White, 61.8% American Indian and Alaska Native, 0.3%
LGBT Percentage	9%	9%

Differences between pension administrator and benefits analyst 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.

Benefits analyst example responsibilities.

Manage relationships with all FSA clients including supporting their employee inquiries, reporting, and explain policy and procedure.
Manage regulatory compliance with federal and state leave laws such as FMLA, ADA, CFRA, PDL and FEHA.
Create reports using SQL database and manage reports, perform from internet-base tools for research projects need for client insight.
Develop data analysis procedures to comply with ACA regulations.
Screen clients for Medicaid and other health insurance eligibility.
Provide functional expertise and leadership of retiree benefits administration during the RFP selection process for outsourcing retirement administration.

Pension administrator vs benefits analyst skills

Common pension administrator skills

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

Common benefits analyst skills

Customer Service, 10%
HR, 8%
HRIS, 6%
Payroll, 6%
PowerPoint, 5%
RFP, 4%

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Pension Administrator
Pension Administrator vs Benefits Analyst

Updated January 8, 2025

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