Plan administrator vs welfare manager

The differences between plan administrators and welfare managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a plan administrator and a welfare manager. Additionally, a welfare manager has an average salary of $68,563, which is higher than the $68,435 average annual salary of a plan administrator.

The top three skills for a plan administrator include payroll, HR and plan administration. The most important skills for a welfare manager are HIPAA, FMLA, and leave administration.

Plan administrator vs welfare manager overview

	Plan Administrator	Welfare Manager
Yearly salary	$68,435	$68,563
Hourly rate	$32.90	$32.96
Growth rate	2%	2%
Number of jobs	51,856	2,936
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 66%
Average age	46	46
Years of experience	6	6

Plan administrator vs welfare manager salary

Plan administrators and welfare managers have different pay scales, as shown below.

	Plan Administrator	Welfare Manager
Average salary	$68,435	$68,563
Salary range	Between $45,000 And $103,000	Between $43,000 And $107,000
Highest paying City	New York, NY	-
Highest paying state	New York	-
Best paying company	Apple	-
Best paying industry	Manufacturing	-

Differences between plan administrator and welfare manager education

There are a few differences between a plan administrator and a welfare manager in terms of educational background:

	Plan Administrator	Welfare Manager
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Plan administrator vs welfare manager demographics

Here are the differences between plan administrators' and welfare managers' demographics:

	Plan Administrator	Welfare Manager
Average age	46	46
Gender ratio	Male, 39.1% Female, 60.9%	Male, 30.1% Female, 69.9%
Race ratio	Black or African American, 10.8% Unknown, 3.4% Hispanic or Latino, 9.8% Asian, 8.2% White, 67.3% American Indian and Alaska Native, 0.4%	Black or African American, 11.3% Unknown, 3.4% Hispanic or Latino, 10.0% Asian, 6.9% White, 67.8% American Indian and Alaska Native, 0.4%
LGBT Percentage	35%	35%

Differences between plan administrator and welfare manager duties and responsibilities

Plan administrator example responsibilities.

Create custom macro to expedite data transfer of manage ESOP.
Participate in establishing and testing pension plans on PeopleSoft to automate applicable calculations.
Establish and maintain IRA, SEP, SARSEP and Keogh plans.
Gather plan date (census, assets) from clients, CPA's, attorneys, and investment brokers.
Process monthly stock option and RSU grants.
Prepare RSU tax withholding calculations for mobility employees on a monthly basis.

Welfare manager example responsibilities.

Lead departmental PeopleSoft projects and initiatives; involve in systems testing when additional system upgrades are implemented.
Maintain strict confidentiality of sensitive information regarding employee relations, including grievance proceedings and HIPAA regulations.
Participate on COA reaccreditation team that result in reaccreditation

Plan administrator vs welfare manager skills

Common plan administrator skills

Payroll, 9%
HR, 7%
Plan Administration, 6%
Database, 5%
PowerPoint, 4%
SOX, 4%

Common welfare manager skills

HIPAA, 20%
FMLA, 15%
Leave Administration, 13%
Plan Design, 8%
Foster Care, 7%
HRIS, 6%