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%)