Third Party Administration of Insurance and Pension Funds in Tennessee
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in Tennessee.
#4 of 50 states+23.8% vs national avg
Average Revenue
$50.4M
per year
Businesses
69
in Tennessee
Revenue / Employee
$432K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.0
firms per 100K in TN
Total Revenue
$3.5B
all firms in TN
Total Employees
8,042
in TN
How Tennessee Compares
National Average$40.7M
Tennessee$50.4M
Difference+$9.7M (+23.8%)