Third Party Administration of Insurance and Pension Funds in Nevada
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in Nevada.
#20 of 50 states-33.4% vs national avg
Average Revenue
$27.1M
per year
Businesses
46
in Nevada
Revenue / Employee
$250K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.5
firms per 100K in NV
Total Revenue
$1.2B
all firms in NV
Total Employees
4,974
in NV
How Nevada Compares
National Average$40.7M
Nevada$27.1M
Difference$13.6M (-33.4%)