How much does a 401K Analyst make in Minnesota? As of August 01, 2026, the average salary for a 401K Analyst in Minnesota is $75,522 per year, which breaks down to an hourly rate of $36.

However, a 401K Analyst's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $93,080
  • Majority Range (25th-75th percentile): $70,499 to $84,713
  • Entry-Level (10th percentile): $65,926

Key Factors That Influence 401K Analyst Salaries

A 401K Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects 401K Analyst Salaries?

Experience is a primary driver of a 401K Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $73,608
  • Early Career (1-2 years): $93,148
  • Mid-Level (2-4 years): $113,382
  • Senior-Level (5-8 years): $131,236
  • Expert (over 8 years): $162,769
Job RoleYears of ExperienceAverage Salary
401K Analyst less than 1 year $73,608
ERP Business Analyst II 1-2 years $93,148
ERP Business Analyst III 2-4 years $113,382
ERP Business Analyst IV 5-8 years $131,236
ERP Business Analyst V over 8 years $162,769

Top Paying Cities for 401K Analyst

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Conger: $72,307
  • Courtland: $72,225
  • Darfur: $71,853

401K Analyst Salary by Industry: Top Paying Sectors

For 401K Analyst roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Energy & Utilities sectors offer the strongest compensation, at 20% above the average. In contrast, 401K Analyst positions in Edu., Gov't. & Nonprofit or MFG Nondurable typically offer lower base pay, as these industries often view 401K Analyst as a support function rather than a direct revenue driver.

The top paying industries for a 401K Analyst

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services $90,627 $44.0 20%
Energy & Utilities $86,851 $42.0 15%
Software & Networking $86,851 $42.0 15%
Aerospace & Defense $83,075 $40.0 10%
Insurance $83,075 $40.0 10%

401K Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a 401K Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2026
$70,499
Average $75,522/year
$84,713
$5,875
Average $6,294/month
$7,059
$1,356
Average $1,452/week
$1,629
$34
Average $36/hour
$41
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $84,713 $7,059 $1,629 $41
Average $75,522 $6,294 $1,452 $36
25th Percentile $70,499 $5,875 $1,356 $34

Find Your Next 401K Analyst Job

Ready to take the next step in your career? Browse thousands of current 401K Analyst job openings on our job board. Use the search bar below to find your perfect match.

  • New Perspective | Minnetonka, MN

    New Perspective | Minnetonka, MN

    Billing AnalystWe have an opportunity for a full-time Billing Analyst to coordinate Medicaid claims submission for the company. This position is based in o... more

    2 Days Ago

  • DSG Supply | Minneapolis, MN

    DSG Supply | Minneapolis, MN

    Sales, Inventory, and Operations Planning (SIOP) AnalystDSG is seeking a Sales, Inventory, and Operations Planning (SIOP) Analyst to join our team in the T... more

    2 Days Ago

  • nVent | Anoka, MN

    nVent | Anoka, MN

    What You Will Experience In This Position:Review demand signals and place purchase orders to fulfill raw material component requirements.Manage open purcha... more

    2 Days Ago

  • Adolfson & Peterson | Minneapolis, MN

    Adolfson & Peterson | Minneapolis, MN

    Workday Analyst (HCM)Adolfson and Peterson Construction is hiring for a Workday Analyst (HCM) to be based out of our office in Bloomington. The Workday Ana... more

    2 Days Ago

  • Patterson Companies | Saint Paul, MN

    Patterson Companies | Saint Paul, MN

    Patterson Isn't Just A Place To Work, It's A Partner That Cares About Your SuccessOne of the distinguishing marks of our company is the talented people who... more

    2 Days Ago

  • Fairview Health Services | Saint Paul, MN

    Fairview Health Services | Saint Paul, MN

    Location:Seven Lakes Pharmacy, Shoreview MN - Hours:80 hours bi-weekly. Schedule:days This position will support inventory control and drug purchasing proc... more

    2 Days Ago

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