Pell ResearchInsurance Sector > Third Party Administration of Insurance & Pension Funds Industry

Third Party Administration of Insurance & Pension Funds Industry: Statistics, Market Size, Forecast

Third Party Administration of Insurance & Pension Funds - Market Size and Industry Forecast

The 2021 Third Party Administration of Insurance and Pension Funds Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2016 to 2026 reflect industry trends and growth patterns. Revenues include both public and private companies in the third party administration of insurance & pension funds industry.

HistoricalForecasted
20162017201820192020202120222023202420252026
Market Size (Total Revenue)

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Revenue Forecast
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Third Party Administration of Insurance & Pension Funds - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Third Party Administration of Insurance & Pension Funds companies in the United States.

Third Party Administration of Insurance & Pension Funds Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesThird Party Administration of Insurance & Pension Funds
Small Business (< 5 Employees)

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Third Party Administration of Insurance & Pension Funds - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Third Party Administration of Insurance & Pension Funds - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Third Party Administration of Insurance & Pension Funds - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations9%

Chief Executives0%
General and Operations Managers3%
Business and Financial Operations Occupations31%
Business Operations Specialists25%
Claims Adjusters, Appraisers, Examiners, and Investigators18%
Claims Adjusters, Examiners, and Investigators17%
Financial Specialists6%
Computer and Mathematical Occupations7%
Computer Occupations6%
Sales and Related Occupations5%
Office and Administrative Support Occupations42%
Information and Record Clerks15%
Customer Service Representatives13%
Customer Service Representatives13%
Other Office and Administrative Support Workers16%
Insurance Claims and Policy Processing Clerks10%
Insurance Claims and Policy Processing Clerks10%

Government Contracts

In the past, the federal government spent an annual total of $80,686,761 on the third party administration of insurance & pension funds industry. It has awarded 396 contracts to 25 companies, with an average value of $3,227,470 per company.

Third Party Administration of Insurance & Pension Funds and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)





Third Party Administration of Insurance & Pension Funds Industry Report
GeographyUnited States  
Publication DateOctober 2021
Report FormatPDF Download  
Price

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Third Party Administration of Insurance & Pension Funds