Third Party Administration of Insurance and Pension Funds in Illinois
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in Illinois.
#6 of 50 states+12.3% vs national avg
Average Revenue
$45.7M
per year
Businesses
117
in Illinois
Revenue / Employee
$91K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.9
firms per 100K in IL
Total Revenue
$5.3B
all firms in IL
Total Employees
58,957
in IL
How Illinois Compares
National Average$40.7M
Illinois$45.7M
Difference+$5.0M (+12.3%)