Third Party Administration of Insurance and Pension Funds in North Dakota
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in North Dakota.
#28 of 50 states-49.5% vs national avg
Average Revenue
$20.5M
per year
Businesses
7
in North Dakota
Revenue / Employee
$238K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.9
firms per 100K in ND
Total Revenue
$143.7M
all firms in ND
Total Employees
605
in ND
How North Dakota Compares
National Average$40.7M
North Dakota$20.5M
Difference$20.1M (-49.5%)