Average Total Cash Compensation
The base salary for Retirement Plan Consultant ranges from $57,141 to $77,605 with the average base salary of $66,843. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $58,170 to $80,288 with the average total cash compensation of $68,121.
Also question is, what does a retirement consultant do?
A retirement consultant works with individuals or organizations to offer guidance on retirement plans and related financial products. Your responsibilities are to consult with each client to learn more about their future financial goals and needs.
Thereof, are retirement plan advisors fiduciaries? If you make decisions that impact your organization’s retirement plan, you’re probably a fiduciary as defined by the Employee Retirement Income Security Act of 1974 (ERISA).