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Salary and Benefits

Retirement Plan Consultant
$66K-$80K / yr. (est.)
$66K
$73,599 / year
$81K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Retirement Plan Consultant

What does a Retirement Plan Consultant do?

As retirement plan consultants, we provide services that are used by companies and organizations to help oversee retirement savings options for workers. Our job duty is to offer guidance on a variety of issues like choosing plans to ensure that it meets the tax and regulatory guidelines. Our job is to provide proper retirement plan guidance to the employees. We offer a variety of services and work as resource plan sponsors and financial advisors. We have to attend meetings both in person and by phone.

Core tasks:

  • working and acting as a mentor to retirement plan coordinators.
  • assisting customers with all sorts of initial and ongoing document support and understanding their responsibilities.
  • providing effective verbal and written communication in an informative manner.
  • reviewing distribution of paperwork and annual testing of plans.

Insights

How Many Years of Experience Do Professionals Need Before Becoming Retirement Plan Consultant?
On average, people work 7+ years in other positions prior to becoming a Retirement Plan Consultant.
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Retirement Plan ConsultantMiami, FL - A year ago
7+ years? Must be why we need consultants to plan for retirement, our decisions are just that complicated! 🤦
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Retirement Plan ConsultantSeattle, WA - A year ago
Wow, 7+ years? I thought it would require more specialized knowledge to become a retirement plan consultant. 🤔
How Long Do Retirement Plan Consultant Employees Typically Stay in Their Roles?
On average, Retirement Plan Consultants works in this position for 5+ years across multiple employers.
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Business OwnerMiami, FL - A year ago
What an interesting finding! Can someone clarify if the average duration means working within one industry or if consultants switch between industries? This data would vary significantly across sectors!
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Student AdministrationHouston, TX - A year ago
uh, guys WHY R U arguing abt this? Just trying to wrap my head around how Retirement Plan Consultants end up with diff employers. Is it because they get fired or do they switch jobs for, like, better opportunities or what?
What Is the Job Hopper Score for Retirement Plan Consultant Employees?
Moderate job changes in Retirement Plan Consultant, showing some career movement without excessive turnover.
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Retirement Plan ConsultantHouston, TX - A year ago
I respectfully disagree. The turnover in this industry is quite high, and many consultants are constantly seeking better opportunities. This infographic does not reflect the reality I've witnessed.
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Retirement Plan ConsultantMiami, FL - A year ago
I love how this infographic shows the various career paths within retirement plan consulting. It's reassuring to know there are options for growth and advancement.

Career path

Path to job

Discover a Retirement Plan Consultant's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Retirement Plan Consultant typically studied at.
College for Financial Planning
Indiana University-Bloomington

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Retirement Plan Consultant Employees?
Gender ratio in Retirement Plan Consultant position: 0.63902205177373 Male and 0.36097794822627 Female. Age ratio in Retirement Plan Consultant position: 16-20: 2%, 21-30: 51%, 31-40: 25%, 41-50: 14%, 51-60: 6%, 60+: 2%. Retirement Plan Consultant position is predominantly male (63.9%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Retirement Plan ConsultantSeattle, WA - A year ago
this occupation seems to attract the younger generation, any thoughts on why? 🤔
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Retirement Plan ConsultantBoston, MA - A year ago
the gender inequality in this field is disappointing, we need to encourage more females to pursue careers in finance and consultancy 💪

Workplaces

Who Are the Top Employers for Retirement Plan Consultant?
Top employers of Retirement Plan Consultant position: Ascensus, Capital Group, Empower Retirement. People who work in Retirement Plan Consultant position most typically go on to work for the Ascensus.
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Retirement Plan ConsultantHouston, TX - A year ago
Y'all need to stop fighting over employers. It's about the individual's experience and work environment in the end!
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Retirement Plan ConsultantPhiladelphia, PA - A year ago
Based on my research, Ascensus offers the best growth opportunities. Capital Group might have similar benefits, but Ascensus takes the lead.
Ascensus
Capital Group
Empower Retirement
What Industries Does Retirement Plan Consultant Typically Have Experience In?
Industry Background: The most typical industries of Retirement Plan Consultant: Finance & Insurance, Professional / Scientific / Technical, Administrative & Support, Information Technology, Health Care. Retirement Plan Consultant employees most likely come from a Finance & Insurance industry background.
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Retirement Plan ConsultantHouston, TX - A year ago
Do any of these Retirement Plan Consultants actually care about the people they deal with? They're just after their commission, always looking for easy targets to exploit!
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Retirement Plan ConsultantMiami, FL - A year ago
I'm tired of these shady Retirement Plan Consultants taking advantage of hardworking individuals. They need to be held accountable for their actions and transparent about their fees! 😡

Find your job as Retirement Plan Consultant

Discussion about Retirement Plan Consultant

Want to know more about Retirement Plan Consultant position?
Share your thoughts and ideas about Retirement Plan Consultant position with others in our community.
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How balanced is the gender diversity among people working as a Retirement Plan Consultant?
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Isabella Holmes3 years ago
Mostly men choose this job, but women also choose this.
What is the typical age of people who work as a Retirement Plan Consultant?
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Sophie Hayes3 years ago
People working as a Retirement Plan Consultant are 32 old on average.
How many years of experience do you usually have as a Retirement Plan Consultant?
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Benjamin Gardner3 years ago
On average, people have 7 years of experience when they start working as a Retirement Plan Consultant
Which industries have a lot of people working in Retirement Plan Consultant roles?
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Liam Brown3 years ago
Most typically work in the Finance & Insurance industry.
What kind of higher education a Retirement Plan Consultant need?
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Benjamin Gardner3 years ago
Most people have a Bachelor of Science degree
Which company are you working for as a Retirement Plan Consultant?
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Liam Brown3 years ago
Ascensus, Capital Group, Empower Retirement and Paychex employs the most people in the Retirement Plan Consultant role.
How many years of experience as a Retirement Plan Consultant is needed in average to switch to another position?
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Sophie Hayes3 years ago
A Retirement Plan Consultant typically moves on after more than 5 years
How frequently people change companies if they work as a Retirement Plan Consultant?
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Liam Brown3 years ago
A typical Retirement Plan Consultant might work for one or two companies.
What occupations do people usually work in before becoming a Retirement Plan Consultant?
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Benjamin Gardner3 years ago
Typical prior positions for a Retirement Plan Consultant are Financial Advisor, Pension Administrator or Vice President
What are the typical next steps for someone working as a Retirement Plan Consultant?
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Sophie Hayes3 years ago
Vice President, Financial Advisor or Relationship Manager can be a good next step
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Disclaimer

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