Third Party Administration of Insurance and Pension Funds in Washington
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in Washington.
#15 of 50 states-25.7% vs national avg
Average Revenue
$30.2M
per year
Businesses
66
in Washington
Revenue / Employee
$295K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.9
firms per 100K in WA
Total Revenue
$2.0B
all firms in WA
Total Employees
6,759
in WA
How Washington Compares
National Average$40.7M
Washington$30.2M
Difference$10.4M (-25.7%)