Third Party Administration of Insurance and Pension Funds in Connecticut
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in Connecticut.
#11 of 50 states-3.4% vs national avg
Average Revenue
$39.3M
per year
Businesses
48
in Connecticut
Revenue / Employee
$546K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.3
firms per 100K in CT
Total Revenue
$1.9B
all firms in CT
Total Employees
3,452
in CT
How Connecticut Compares
National Average$40.7M
Connecticut$39.3M
Difference$1.4M (-3.4%)