Third Party Administration of Insurance and Pension Funds in South Dakota
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in South Dakota.
#47 of 50 states-88.4% vs national avg
Average Revenue
$4.7M
per year
Businesses
13
in South Dakota
Revenue / Employee
$296K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.5
firms per 100K in SD
Total Revenue
$61.1M
all firms in SD
Total Employees
206
in SD
How South Dakota Compares
National Average$40.7M
South Dakota$4.7M
Difference$36.0M (-88.4%)