Third Party Administration of Insurance and Pension Funds in Virginia
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in Virginia.
#24 of 50 states-40.9% vs national avg
Average Revenue
$24.0M
per year
Businesses
67
in Virginia
Revenue / Employee
$301K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.8
firms per 100K in VA
Total Revenue
$1.6B
all firms in VA
Total Employees
5,341
in VA
How Virginia Compares
National Average$40.7M
Virginia$24.0M
Difference$16.6M (-40.9%)