Third Party Administration of Insurance and Pension Funds in Rhode Island

Revenue benchmarks for third party administration of insurance and pension funds businesses operating in Rhode Island.

#1 of 50 states+164.0% vs national avg

Average Revenue

$107.3M

per year

Businesses

16

in Rhode Island

Revenue / Employee

$265K

per year

Labor Cost

30.0%

of revenue

Profit Margin

15.0%

industry average

Market Saturation

1.5

firms per 100K in RI

Total Revenue

$1.7B

all firms in RI

Total Employees

6,484

in RI

How Rhode Island Compares

National Average$40.7M
Rhode Island$107.3M
Difference+$66.7M (+164.0%)