Third Party Administration of Insurance and Pension Funds in North Carolina
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in North Carolina.
#31 of 50 states-52.3% vs national avg
Average Revenue
$19.4M
per year
Businesses
91
in North Carolina
Revenue / Employee
$285K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.9
firms per 100K in NC
Total Revenue
$1.8B
all firms in NC
Total Employees
6,188
in NC
How North Carolina Compares
National Average$40.7M
North Carolina$19.4M
Difference$21.3M (-52.3%)