Pension administrator vs compensation analyst

The differences between pension administrators and compensation 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 compensation analyst. Additionally, a compensation analyst has an average salary of $66,487, 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 a compensation analyst are HR, compensation programs, and HRIS.

Pension administrator vs compensation analyst overview

	Pension Administrator	Compensation Analyst
Yearly salary	$57,547	$66,487
Hourly rate	$27.67	$31.96
Growth rate	7%	7%
Number of jobs	50,422	19,344
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 73%
Average age	45	45
Years of experience	6	6

Pension administrator vs compensation analyst salary

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

	Pension Administrator	Compensation Analyst
Average salary	$57,547	$66,487
Salary range	Between $37,000 And $87,000	Between $48,000 And $90,000
Highest paying City	Needham, MA	Sacramento, CA
Highest paying state	New Jersey	Washington
Best paying company	Kerkering Barberio	Meta
Best paying industry	-	Technology

Differences between pension administrator and compensation analyst education

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

	Pension Administrator	Compensation Analyst
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 73%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Pension administrator vs compensation analyst demographics

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

	Pension Administrator	Compensation Analyst
Average age	45	45
Gender ratio	Male, 35.7% Female, 64.3%	Male, 36.2% Female, 63.8%
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, 3.9% Hispanic or Latino, 15.0% Asian, 7.7% White, 62.3% American Indian and Alaska Native, 0.5%
LGBT Percentage	9%	9%

Differences between pension administrator and compensation 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.

Compensation analyst example responsibilities.

Manage vendor relationships with fiscal oversight, and ongoing cost management.
Manage long-term incentive plan administration including SARP and stock option granting programs (LTI).
Create and manage communication materials via PowerPoint publish to sales organization.
Report and manage company healthcare budget and direct all vendor relationships.
Manage special projects, develop senior level presentations and handle communications on behalf of SVP
Provide oversight of sales compensation short-term incentive programs.

Pension administrator vs compensation analyst skills

Common pension administrator skills

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

Common compensation analyst skills

HR, 12%
Compensation Programs, 7%
HRIS, 6%
PowerPoint, 5%
Data Analysis, 5%
Customer Service, 4%

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Pension Administrator
Pension Administrator vs Compensation Analyst

Updated January 8, 2025

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