Third Party Administration of Insurance and Pension Funds in West Virginia
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in West Virginia.
#36 of 50 states-61.1% vs national avg
Average Revenue
$15.8M
per year
Businesses
10
in West Virginia
Revenue / Employee
$256K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.6
firms per 100K in WV
Total Revenue
$158.2M
all firms in WV
Total Employees
619
in WV
How West Virginia Compares
National Average$40.7M
West Virginia$15.8M
Difference$24.8M (-61.1%)