Third Party Administration of Insurance and Pension Funds in Florida
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in Florida.
#17 of 50 states-27.9% vs national avg
Average Revenue
$29.3M
per year
Businesses
228
in Florida
Revenue / Employee
$270K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.1
firms per 100K in FL
Total Revenue
$6.7B
all firms in FL
Total Employees
24,781
in FL
How Florida Compares
National Average$40.7M
Florida$29.3M
Difference$11.3M (-27.9%)