Pension administrator vs benefits assistant

The differences between pension administrators and benefits assistants 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 assistant. Additionally, a pension administrator has an average salary of $57,547, which is higher than the $39,850 average annual salary of a benefits assistant.

The top three skills for a pension administrator include customer service, plan administration and IRS. The most important skills for a benefits assistant are human resources, data entry, and cobra.

Pension administrator vs benefits assistant overview

	Pension Administrator	Benefits Assistant
Yearly salary	$57,547	$39,850
Hourly rate	$27.67	$19.16
Growth rate	7%	7%
Number of jobs	50,422	25,337
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 62%
Average age	45	45
Years of experience	6	6

Pension administrator vs benefits assistant salary

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

	Pension Administrator	Benefits Assistant
Average salary	$57,547	$39,850
Salary range	Between $37,000 And $87,000	Between $31,000 And $50,000
Highest paying City	Needham, MA	Seattle, WA
Highest paying state	New Jersey	Washington
Best paying company	Kerkering Barberio	Irving Isd
Best paying industry	-	Government

Differences between pension administrator and benefits assistant education

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

	Pension Administrator	Benefits Assistant
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 62%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Pension administrator vs benefits assistant demographics

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

	Pension Administrator	Benefits Assistant
Average age	45	45
Gender ratio	Male, 35.7% Female, 64.3%	Male, 15.7% Female, 84.3%
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, 10.5% Unknown, 3.8% Hispanic or Latino, 15.4% Asian, 7.9% White, 62.0% American Indian and Alaska Native, 0.4%
LGBT Percentage	9%	9%

Differences between pension administrator and benefits assistant 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 assistant example responsibilities.

Create reports using SQL database and manage reports, perform from internet-base tools for research projects need for client insight.
Audit HIPAA and outgoing correspondence.
Maintain strict confidentiality, observing HIPAA and other policies and guidelines.
Post patient payments, verify insurance coverage for new and Medicaid patients.
Provide information, education and assistance to clients regarding Medicare and Medicaid by phone and in person.
Audit, correct and record all attendance records, vacation records, vacation carryover and vacation/sick accruals.

Pension administrator vs benefits assistant skills

Common pension administrator skills

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

Common benefits assistant skills

Human Resources, 10%
Data Entry, 8%
Cobra, 7%
Health Insurance, 7%
Open Enrollment, 6%
HRIS, 5%

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Pension Administrator
Pension Administrator vs Benefits Assistant

Updated January 8, 2025

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