Third Party Administration of Insurance and Pension Funds in California
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in California.
#21 of 50 states-34.9% vs national avg
Average Revenue
$26.5M
per year
Businesses
357
in California
Revenue / Employee
$295K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.9
firms per 100K in CA
Total Revenue
$9.4B
all firms in CA
Total Employees
32,073
in CA
How California Compares
National Average$40.7M
California$26.5M
Difference$14.2M (-34.9%)