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Plan administrator salary

Average plan administrator salary

$68,435

$32.9 hourly rate

Entry-level plan administrator salary
$45,000 yearly salary
Updated January 8, 2025

Average Plan Administrator Salary

The average salary for a Plan Administrator stands at $68,435 per year, which translates to approximately $33 per hour. Compensation can vary significantly based on factors such as experience, location, and industry. For instance, Plan Administrators with several years of experience often earn higher salaries compared to entry-level positions.

Where Can a Plan Administrator Earn More?

In terms of geography, certain states offer more lucrative salaries for Plan Administrators. For example, states like California and New York typically have higher pay scales due to the cost of living and demand for skilled professionals. Additionally, cities such as San Francisco and New York City are among the highest-paying locations.

Highest Paying Industries for Plan Administrators

Industries such as finance, healthcare, and technology often provide higher salaries for Plan Administrators. These sectors value the expertise required to manage complex employee benefit plans effectively.

As you consider a career as a Plan Administrator, it’s essential to assess the potential for salary growth and job stability in various locations and industries. Take the first step by exploring job listings today!

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Where can a Plan Administrator earn more?

Compare salary by location
Vs
107k
87k
67k
47k
27k
Columbus, OH$81,962
Morrisville, NC$57,198
Compare salary by company
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146k
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86k
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Apple$125,085
Ascensus$75,680

Average plan administrator salary by state

The highest-paying states for plan administrators are New York, New Jersey, and Massachusetts. The lowest average plan administrator salary states are Oklahoma, South Carolina, and Louisiana.

  • State view
  • County view
Average salary:

Highest paying states for plan administrators

RankStateAvg. salaryHourly rate
1Massachusetts$79,909$38.42
2New Hampshire$77,586$37.30
3New York$81,948$39.40
4Rhode Island$78,051$37.52
5North Dakota$71,162$34.21
6New Jersey$81,613$39.24
7Nevada$72,922$35.06
8Arizona$69,641$33.48
9Idaho$70,581$33.93
10Michigan$73,336$35.26
11Illinois$70,874$34.07
12Maine$75,251$36.18
13Delaware$74,913$36.02
14Vermont$68,707$33.03
15Oregon$66,121$31.79
16Connecticut$69,651$33.49
17Alaska$63,134$30.35
18Ohio$65,890$31.68
19Nebraska$65,682$31.58
20West Virginia$65,112$31.30
21Colorado$63,846$30.70
22Minnesota$65,565$31.52
23Iowa$66,785$32.11
24Pennsylvania$64,270$30.90
25Missouri$64,860$31.18
26District of Columbia$73,560$35.37
27New Mexico$60,625$29.15
28Utah$59,139$28.43
29Kansas$62,431$30.01
30Tennessee$63,708$30.63
31California$64,679$31.10
32Washington$60,685$29.18
33Mississippi$61,570$29.60
34Maryland$67,171$32.29
35Virginia$64,918$31.21
36Montana$58,000$27.88
37Texas$56,336$27.08
38Kentucky$60,169$28.93
39Wyoming$55,566$26.71
40North Carolina$55,618$26.74
41Hawaii$45,880$22.06
42Georgia$54,904$26.40
43Florida$41,994$20.19
44Wisconsin$55,044$26.46
45South Dakota$54,595$26.25
46Alabama$49,091$23.60
47Arkansas$54,107$26.01
48Indiana$53,284$25.62
49South Carolina$49,997$24.04
50Oklahoma$50,553$24.30
51Louisiana$49,810$23.95

Highest paying cities for plan administrators

The highest-paying cities for plan administrators are New York, NY, Jersey City, NJ, and Boston, MA.

RankCityAvg. salaryHourly rate
1New York, NY$81,962$39.40
2Jersey City, NJ$81,937$39.39
3Boston, MA$79,956$38.44
4Washington, DC$73,575$35.37
5Las Vegas, NV$72,063$34.65
6Chicago, IL$71,301$34.28
7Minot, ND$70,545$33.92
8Phoenix, AZ$69,954$33.63
9San Francisco, CA$69,348$33.34
10Baltimore, MD$67,428$32.42
11Des Moines, IA$65,742$31.61
12Saint Louis, MO$65,646$31.56
13Minneapolis, MN$65,507$31.49
14Lincoln, NE$65,322$31.40
15Bethlehem, PA$64,862$31.18
16Denver, CO$63,718$30.63
17Cincinnati, OH$62,878$30.23
18Shoreline, WA$61,194$29.42
19Salt Lake City, UT$59,014$28.37
20Morrisville, NC$57,198$27.50

Plan administrator salary details

A plan administrator's salary ranges from $45,000 a year at the 10th percentile to $103,000 at the 90th percentile.

Average plan administrator salary graph
Average plan administrator salary graph, trends, and summary

What is a plan administrator's salary?

PercentileAnnual salaryMonthly salaryHourly rate
90th Percentile$103,000$8,583$50
75th Percentile$85,000$7,083$41
Average$68,435$5,703$33
25th Percentile$54,000$4,500$26
10th Percentile$45,000$3,750$22

Highest paying plan administrator jobs

The highest paying types of plan administrators are compensation director, benefit director, and hris manager.

Job titleAnnual salaryMonthly salaryHourly rateJob openings
Compensation Manager$100,119$8,343$48.137,941
Benefits Counselor$72,268$6,022$34.7434,132
Benefits Manager$64,064$5,339$30.8011,164
Employee Benefits Manager$85,621$7,135$41.1613,906
Compensation Consultant$90,436$7,536$43.4811,745
Hris Manager$105,995$8,833$50.9610,983

Top companies hiring plan administrators now:

  1. The Vanguard Group jobs (14)
  2. Morgan Stanley jobs (18)
  3. BNY Mellon jobs (6)
  4. Charles Schwab jobs (7)
  5. MetLife jobs (10)

Which companies pay plan administrators the most?

Plan administrator salaries at Apple and Workday are the highest-paying according to our most recent salary estimates. In addition, the average plan administrator salary at companies like First Republic Bank and Autodesk are highly competitive.

RankCompanyAverage salaryHourly rate
1Apple$125,085$60.14
2Workday$102,693$49.37
3First Republic Bank$100,395$48.27
4Autodesk$94,267$45.32
5Agilent Technologies$94,022$45.20
6Smartsheet$93,387$44.90
7Wabtec Corporation$92,392$44.42
8PTC$87,885$42.25
9Udemy$86,614$41.64
10Gardner Denver$85,361$41.04
11HowStuffWorks$84,682$40.71
12SBA Communications$83,179$39.99
13Parsons$82,495$39.66
14UBS$80,533$38.72
15Tenet Healthcare$79,828$38.38
16Allied Consultants$77,682$37.35
17Capgemini$77,091$37.06
18Fluor Corporation$76,604$36.83
19Kemper$76,426$36.74
20Ascensus$75,680$36.38

Wage gap by gender, race and education

$81,000$79,400$77,800$76,200$74,600$73,000
MaleFemale

Plan Administrator salary by industry

The average plan administrator salary varies across industries:

  • The average plan administrator salary in the manufacturing industry is $81,211, the highest of any industry.
  • The average plan administrator salary in the finance industry is $80,863.
  • Plan administrators in the hospitality industry earn an average salary of $50,671, the lowest of any industry.

Highest paying industries for plan administrators

RankIndustryAverage salaryHourly rate
1Manufacturing$81,211$39.04
2Finance$80,863$38.88
3Technology$76,749$36.90
4Professional$64,727$31.12
5Automotive$57,133$27.47
6Hospitality$50,671$24.36

High paying plan administrator jobs

Plan administrator salary trends

The average plan administrator salary has risen by $17,960 over the last ten years. In 2014, the average plan administrator earned $50,475 annually, but today, they earn $68,435 a year. That works out to a 8% change in pay for plan administrators over the last decade.

Compare plan administrator salaries for cities or states with the national average over time.

Average plan administrator salary over time

Compare plan administrator salaries for individual cities or states with the national average.

Plan administrator salary by year

YearAvg. salaryHourly rate% Change
2025$68,400$32.90+2.3%
2024$66,900$32.15+1.0%
2023$66,200$31.82+1.6%
2022$65,100$31.32+2.4%
2021$63,600$30.56+4.1%

Recently added plan administrator salaries

CompanyJobLocationDate addedSalary
Get It-Professional ServicesDc/Db Pension Plan Administrator-RemoteLos Angeles, CA06/29/2025$41,740
Super Micro Computer, Inc.SR. Stock Plan AdministratorSan Jose, CA06/28/2025$137,000
Acosta, Inc.Senior Auto Plan AdminDallas, TX06/27/2025$47,000
Acosta, Inc.Senior Auto Plan AdminRogers, AR06/27/2025$47,000
Acosta, Inc.Senior Auto Plan AdminJacksonville, FL06/27/2025$47,000
Acosta, Inc.Senior Auto Plan AdminSaint Louis, MO06/27/2025$47,000
PNC Bank NaBus EXP Plan & Admin Spec SRPittsburgh, PA06/27/2025$55,000
Wolters KluwerSpecialized Consultant-Retirement Plan AdministratorTopeka, KS06/27/2025$91,600
Wolters KluwerSpecialized Consultant-Retirement Plan AdministratorColumbia, SC06/27/2025$91,600
Wolters KluwerSpecialized Consultant-Retirement Plan AdministratorAugusta, ME06/27/2025$91,600

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