Third Party Administration of Insurance and Pension Funds in Alabama
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in Alabama.
#38 of 50 states-65.8% vs national avg
Average Revenue
$13.9M
per year
Businesses
54
in Alabama
Revenue / Employee
$261K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.1
firms per 100K in AL
Total Revenue
$750.2M
all firms in AL
Total Employees
2,877
in AL
How Alabama Compares
National Average$40.7M
Alabama$13.9M
Difference$26.8M (-65.8%)