Third Party Administration of Insurance and Pension Funds Revenue Benchmarks
How much does the average third party administration of insurance and pension funds business make? Here are revenue benchmarks based on Census Bureau data.
Average Revenue
$40.7M
per year
Profit Margin
15.0%
industry average
Revenue / Employee
$251K
per year
Total Businesses
2,506
in the US
Est. Owner Income
$6.1M
small business avg
Labor Cost
30.0%
of revenue
Avg Employee Wage
$91K
per year (BLS)
Market Saturation
0.8
firms per 100K people
💰 Average Revenue by Business Size
1-4 employees
$499K
5-9 employees
$1.5M
10-19 employees
$3.3M
20-99 employees
$11.9M
100-499 employees
$43.0M
500+ employees
$553.5M
📊 Industry Dynamics (Census BDS 2023)
New Business Rate
8.92%
openings/year
Closure Rate
9.79%
closings/year
Net Job Growth
+2.86%
annual
Businesses Closed
9,959
in 2023
Firm Count Trend
19
20
21
22
23
118,486 firms114,626 firms
💡 Should You Start a Third Party Administration of Insurance and Pension Funds Business?
Startup Cost
$50K – $250K
Break-Even
0 months
5-Year Survival Rate
50.0%
🆚 Related Industries
Compare Third Party Administration of Insurance and Pension Funds revenue with other industries: