Third Party Administration of Insurance and Pension Funds in Maine
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in Maine.
#45 of 50 states-84.9% vs national avg
Average Revenue
$6.2M
per year
Businesses
19
in Maine
Revenue / Employee
$228K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.4
firms per 100K in ME
Total Revenue
$117.0M
all firms in ME
Total Employees
513
in ME
How Maine Compares
National Average$40.7M
Maine$6.2M
Difference$34.5M (-84.9%)