Third Party Administration of Insurance and Pension Funds in Kentucky
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in Kentucky.
#14 of 50 states-24.7% vs national avg
Average Revenue
$30.6M
per year
Businesses
40
in Kentucky
Revenue / Employee
$226K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.9
firms per 100K in KY
Total Revenue
$1.2B
all firms in KY
Total Employees
5,410
in KY
How Kentucky Compares
National Average$40.7M
Kentucky$30.6M
Difference$10.0M (-24.7%)