Third Party Administration of Insurance and Pension Funds in New Mexico
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in New Mexico.
#26 of 50 states-48.3% vs national avg
Average Revenue
$21.0M
per year
Businesses
20
in New Mexico
Revenue / Employee
$173K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.9
firms per 100K in NM
Total Revenue
$420.6M
all firms in NM
Total Employees
2,437
in NM
How New Mexico Compares
National Average$40.7M
New Mexico$21.0M
Difference$19.6M (-48.3%)