Salary Range - 125 Administrators

[Guest loricraun]

My Oklahoma firm is trying to update our compensation scale, and I am trying to get a feel for what a realistic salary range would be for the following 125 job titles:

125 Administrator: 5 or more years experience in selling our administration service to prospective clients, conducting employee enrollments, corresponding with company owners or decision makers.

125 Assistant: 3 to 5 yrs experience setting up new plans, submitting billing for clients, preparing form 5500 at yearend, answering more detailed questions from policy holder payroll or human resource departments.

125 Clerk: 3 yrs or less experience in manually imputing reimbursement claims, processing reports, cutting reimbursement checks, and answering day to day questions from participants.

Please let me know what you think a reasonable pay range would be for these job descriptions and any criteria you think is significant. Also list in your response what part of the country you are from.

Thanks for your assistance.

[Guest Laura Browne]

According to the ASPA 2001 Financial Survey preliminary results, the median base salary for a section 125 plan administrator is $30,000. The summary for the position title is participant calls & questions, account service representative, pay claims & reconcilliation of accounts, testing, government reporting.