The national average salary for a 401k Administrator is $43,076 in United States.
Moreover, what is a retirement plan administrator?
A plan administrator is a person or company responsible for managing a retirement fund or a pension plan on behalf of its participants and beneficiaries. The plan administrator is tasked with ensuring the funds are properly collected and distributed to all qualified participants.
| Size of practice | Annual median salary |
|---|---|
| Six or fewer physicians | $86,459 |
| Seven to 25 physicians | $115,000 |
| 26 or more physicians | $150,756 |
Likewise, what is a benefits plan administrator?
Updated March 30, 2021. A benefit plan administrator is a person or company that is responsible for the day-to-day management and operations of health benefits and pension plans on behalf of their participants and beneficiaries.
How do I find my 401k plan administrator?
Contact the 401(k) Plan Administrator
If you’re unable to find an old statement, you still may be able to find the administrator by searching for the retirement plan’s tax return, known as Form 5500. You can find a 5500s by the searching the name of your former employer at www.efast.dol.gov.
Is Health Administration a good career?
Healthcare administration is a fulfilling career for those looking for a job that makes a difference. Although you may not be working with patients directly, you’ll be playing a critical role in our healthcare system, and improving the lives of patients by helping to create the best experience possible.
What is the highest paying administrative job?
Which Fields Have the Highest Paying Administrative Jobs?
- Real Estate Administrator. Administration in the real estate field may include recruiting, training and hiring of personnel. …
- Legal Administrative Assistant. …
- Business Administrator. …
- Academic Administrator. …
- Database Administrator. …
- Financial Administrator.
Is Health Administration a good major?
A degree can instantly help employers see you have training and experience relevant to this career. A bachelor’s degree or even an MBA or other post-graduate degree helps in administration and management careers. … If you want a competitive salary and a rewarding career, healthcare management is a great option.