Third Party Administration of Insurance and Pension Funds in Utah
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in Utah.
#23 of 50 states-37.8% vs national avg
Average Revenue
$25.3M
per year
Businesses
53
in Utah
Revenue / Employee
$295K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.6
firms per 100K in UT
Total Revenue
$1.3B
all firms in UT
Total Employees
4,549
in UT
How Utah Compares
National Average$40.7M
Utah$25.3M
Difference$15.4M (-37.8%)