Employee benefits companies in the U.S. focus on helping businesses enhance their workforce's overall satisfaction and productivity. These firms vary in size and specialization, offering services such as health insurance, retirement plans, and HR consulting. The industry is becoming increasingly data-driven, with companies leveraging technology to tailor benefits packages to specific employee needs. As the workplace evolves, organizations are recognizing the importance of comprehensive, innovative benefits as a strategy for attracting and retaining talent. Future trends suggest a growing emphasis on mental health resources, flexible work arrangements, and wellness programs as crucial components of employee benefits strategies.

The listed companies represent various sizes, from small HR firms to large consultancies. They are headquartered across key U.S. locations, including major cities like New York, Atlanta, and Houston. Established between 1975 and 2018, these businesses specialize in employee benefits, HR outsourcing, and compliance management. With a focus on personal service and innovative solutions, they cater to a range of businesses, tailoring employee benefits to enhance workforce engagement and satisfaction.

Read on to discover the top employee benefits companies in the U.S.

Top 15 Employee Benefits Companies in the US

1. Mercer

• Website: mercer.com
• Ownership type: Private
• Headquarters: New York, New York, United States (USA)
• Employee distribution: United States (USA) 31%, India 22%, United Kingdom (UK) 11%, Other 35%
• Founded year: 1945
• Headcount: 10001+
• LinkedIn: mercer

Mercer, founded in 1945 and based in New York City, is a consulting firm that specializes in human resources management and investment advisory services. With over 23,000 employees globally, Mercer provides a wide array of solutions tailored to businesses and organizations. Their services include employee benefits strategy and consulting, retirement planning, and investment management. Mercer is particularly noted for its focus on optimizing employee benefits and well-being programs, helping clients navigate complex workforce challenges. The firm conducts one of the largest annual health benefits surveys, which tracks trends in cost and plan design, offering insights into how employers manage costs and support their employees. This commitment to research and innovation in employee benefits solidifies Mercer's role as a significant player in the industry.

2. Alcott HR

• Website: alcotthr.com
• Ownership type: Private
• Headquarters: Farmingdale, New York, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1987
• Headcount: 5001-10000
• LinkedIn: alcotthr

Alcott HR, based in Farmingdale, New York, is a private HR outsourcing firm that has been operational since 1987. The company offers a comprehensive suite of human resources solutions, including payroll processing, employee benefits, and risk management services. Alcott HR primarily serves small to mid-sized businesses across various industries, helping them streamline their HR functions and enhance employee engagement. Their services include comprehensive medical, dental, and vision insurance, life insurance, and retirement programs, which are crucial components of employee benefits. Alcott HR has built a reputation for personalized service, emphasizing a partnership approach with clients to address their unique HR challenges. The firm operates in over 40 states, showcasing its extensive reach and commitment to supporting businesses nationwide.

3. OneDigital

• Website: onedigital.com
• Ownership type: Private Equity
• Headquarters: Atlanta, Georgia, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $960.0M, October 2020
• Founded year: 2000
• Headcount: 1001-5000
• LinkedIn: onedigital-health-and-benefits

OneDigital, founded in 2000 and headquartered in Atlanta, Georgia, is a consulting firm that specializes in insurance, financial services, and human resources consulting. The company provides tailored solutions to businesses and individuals, helping them navigate employee benefits, retirement planning, and financial management. OneDigital's offerings include employee benefits consulting, retirement plan services, and HR consulting, all aimed at improving workforce satisfaction and financial security. With a workforce of approximately 3,299 employees, OneDigital has established a significant presence in the industry. The firm has also received substantial funding, totaling $960 million, which underscores its growth potential and commitment to innovation in employee benefits and financial services.

4. Tandem HR

• Website: tandemhr.com
• Ownership type: Private Equity
• Headquarters: Westchester, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: January 2021
• Founded year: 1998
• Headcount: 5001-10000
• LinkedIn: tandem-hr

Tandem HR, founded in 1998 and based in Westchester, Illinois, is a human resources consulting firm that provides a wide array of HR solutions tailored for small and medium-sized businesses. The company focuses on payroll administration, risk management, and employee benefits, allowing clients to outsource their HR functions. This enables businesses to concentrate on growth while ensuring they remain compliant with employment laws. Tandem HR offers customizable benefits packages, leveraging their buying power to provide competitive options that attract and retain talent. Their services include health insurance, retirement plans, and various voluntary benefits, all supported by a dedicated team of HR professionals. With a strong emphasis on client service and expert guidance, Tandem HR positions itself as a valuable partner for businesses looking to enhance their HR capabilities without the overhead of a full in-house team.

5. TASC (Total Administrative Services Corporation)

• Website: tasconline.com
• Ownership type: Private Equity
• Headquarters: Madison, Wisconsin, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: December 2009
• Founded year: 1975
• Headcount: 501-1000
• LinkedIn: tasconline

Total Administrative Services Corporation (TASC) is a private equity-owned company based in Madison, Wisconsin, that specializes in employee benefits administration and human resources solutions. Established in 1975, TASC has nearly five decades of experience in the industry, serving over 80,000 clients across various sectors. The company offers a comprehensive suite of services, including Flexible Spending Accounts (FSA), Health Savings Accounts (HSA), Health Reimbursement Arrangements (HRA), and compliance management. TASC's technology-driven approach aims to streamline benefits processes for employers while enhancing employee engagement and satisfaction. Their platform allows for the management of over 50 different benefit accounts through a single portal, which simplifies administration for HR teams. TASC also emphasizes compliance with regulations such as ERISA, FMLA, and HIPAA, helping employers navigate the complexities of employee benefits. With a workforce of approximately 692 employees, TASC continues to adapt and innovate in the employee benefits space, making it a significant player in the market.

6. Axcet HR Solutions

• Website: axcethr.com
• Ownership type: Private
• Headquarters: Overland Park, Kansas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1988
• Headcount: 11-50
• LinkedIn: axcet-hr-solutions

Axcet HR Solutions, founded in 1988 and based in Overland Park, Kansas, is a Professional Employer Organization (PEO) dedicated to supporting small and mid-sized businesses. The company offers a wide range of services, including human resources, payroll administration, risk management, and employee benefits. Axcet is particularly noted for its expertise in employee benefits, providing clients with access to competitive health insurance options and small business 401k plans. As one of the first organizations to achieve Certified Professional Employer Organization (CPEO) status from the IRS, Axcet demonstrates a commitment to high standards and professionalism in the HR industry. Their local focus allows them to tailor services to the unique needs of businesses in the Kansas City area, fostering strong relationships and community involvement. Axcet's team of certified HR professionals ensures that clients receive expert guidance on compliance and best practices, making them a valuable partner for businesses looking to enhance their HR capabilities.

7. BenefitHub

• Website: benefithub.com
• Ownership type: Private Equity
• Headquarters: New York, New York, United States (USA)
• Employee distribution: United States (USA) 54%, India 27%, United Kingdom (UK) 7%, Other 12%
• Latest funding: Other (Debt), April 2024
• Founded year: 1999
• Headcount: 51-200
• LinkedIn: benefithub

BenefitHub, founded in 1999 and based in New York City, is an employee benefits provider that specializes in creating a comprehensive platform for employee rewards and incentives. The company focuses on enhancing employee engagement through a variety of services, including a discount marketplace, insurance options, and financial wellness solutions. BenefitHub's platform allows businesses to offer personalized perks that can significantly improve employee satisfaction and retention. With a workforce of approximately 112 employees and a global presence, BenefitHub serves clients across North America, Latin America, Europe, and Asia. Their offerings are designed to cater to a wide range of employee needs, from lifestyle benefits to financial planning, making them a versatile player in the employee benefits sector. The company has not reported any recent funding, indicating a stable operational model that relies on its established client base and service offerings.

8. ReedGroup

• Website: reedgroup.com
• Ownership type: Corporate
• Headquarters: Westminster, Colorado, United States (USA)
• Employee distribution: United States (USA) 88%, Canada 9%, Other 2%
• Latest funding: November 2022
• Founded year: 1975
• Headcount: 1001-5000
• LinkedIn: reed-group

ReedGroup, based in Westminster, Colorado, has been a player in the employee benefits sector since its founding in 1975. The company offers a range of services including health benefits administration, retirement planning, and absence management. They primarily serve large corporations, helping these organizations optimize their benefits processes and enhance employee engagement through innovative digital solutions. ReedGroup's focus on integrating technology with employee benefits management allows them to address the complexities of modern workforce needs effectively. Their expertise in absence management and health benefits positions them as a valuable partner for companies looking to improve their employee offerings.

9. G&A Partners

• Website: gnapartners.com
• Ownership type: Private Equity
• Headquarters: Houston, Texas, United States (USA)
• Employee distribution: United States (USA) 99%
• Latest funding: January 2024
• Founded year: 1995
• Headcount: 501-1000
• LinkedIn: g%26a-partners

G&A Partners, founded in 1995 and based in Houston, Texas, is an HR consulting firm that specializes in providing comprehensive HR outsourcing solutions tailored for small and mid-sized businesses. With a workforce of approximately 765 employees, the company offers a range of services including payroll administration, employee benefits, and HR technology. Their expertise allows clients to streamline HR processes while ensuring compliance with regulations. G&A Partners is particularly noted for its ability to provide affordable, high-quality employee benefits, such as health insurance and retirement plans, which help businesses attract and retain talent. The firm has established itself as a trusted partner in the HR outsourcing space, focusing on delivering customized solutions that meet the unique needs of its clients.

10. PrestigePEO

• Website: prestigepeo.com
• Ownership type: Private Equity
• Headquarters: Melville, New York, United States (USA)
• Employee distribution: United States (USA) 96%, Honduras 4%
• Latest funding: January 2021
• Founded year: 1998
• Headcount: 201-500
• LinkedIn: prestige-employee-administrators

PrestigePEO, founded in 1998 and based in Melville, New York, operates as a professional employer organization (PEO). The company provides a comprehensive suite of HR services tailored for small and mid-sized businesses. Their offerings include payroll processing, employee benefits, compliance management, and retirement planning. PrestigePEO aims to help businesses navigate the complexities of employment laws while enhancing employee satisfaction. With a workforce of approximately 254 employees, they have established a strong presence in the industry, focusing on delivering personalized service and competitive employee benefit plans. Their approach not only reduces risks for their clients but also streamlines HR operations, making them a valuable partner for businesses looking to optimize their human resources.

11. PerkSpot

• Website: perkspot.com
• Ownership type: Private Equity
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $50.0M, August 2018
• Founded year: 2006
• Headcount: 51-200
• LinkedIn: perkspot

PerkSpot, founded in 2006 and based in Chicago, Illinois, is a private equity-backed company that specializes in employee benefits. The firm offers a digital platform that provides personalized discount programs designed to enhance employee engagement and retention. By allowing employers to offer exclusive discounts on various products and services, PerkSpot helps employees save money and improve their financial wellness. The company serves a wide range of clients, including businesses and organizations looking to enhance their employee benefits offerings. With a focus on customization, PerkSpot tailors its discount programs to meet the unique interests of employees, thereby increasing loyalty and satisfaction. The company has secured significant funding, with a reported last funding amount of $50 million in 2018, which underscores its relevance and potential for growth in the employee benefits industry.

12. FrankCrum

• Website: frankcrum.com
• Ownership type: Family Owned
• Headquarters: Clearwater, Florida, United States (USA)
• Employee distribution: United States (USA) 99%
• Founded year: 1981
• Headcount: 201-500
• LinkedIn: frankcrum

FrankCrum, founded in 1981 and based in Clearwater, Florida, is a family-owned company that specializes in HR services and payroll processing. With a workforce of approximately 393 employees, FrankCrum provides a range of solutions tailored to businesses across various industries, including construction, healthcare, hospitality, and professional services. Their offerings include payroll management, employee benefits, and compliance support, all aimed at helping clients navigate the complexities of human resources. FrankCrum's employee benefits services include major medical, dental, vision plans, and 401(k) options, along with comprehensive administrative support. The company is dedicated to assisting businesses in mitigating risks associated with employment laws, thereby enhancing their operational efficiency and employee satisfaction.

13. Group Management Services, Inc.

• Website: groupmgmt.com
• Ownership type: Private
• Headquarters: Richfield, Ohio, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1996
• Headcount: 501-1000
• LinkedIn: group-management-services-inc-

Group Management Services, Inc. (GMS), founded in 1996 and based in Richfield, Ohio, operates as a professional employer organization (PEO). The company specializes in providing comprehensive human resources solutions, which include payroll services, employee benefits management, and risk management. GMS serves a wide array of businesses, from small startups to larger enterprises, helping them optimize their HR functions and improve operational efficiency. Their employee benefits offerings include group health coverage, supplemental insurance plans, telemedicine services, and retirement plans like 401(k) options. GMS also emphasizes the importance of risk management and compliance, ensuring that their clients can focus on their core business activities while GMS handles the complexities of HR administration. With a workforce of over 500 employees, GMS is well-equipped to support its clients in navigating the intricacies of employee benefits and HR management.

14. Beneplace, LLC

• Website: beneplace.com
• Ownership type: Private
• Headquarters: Austin, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1979
• Headcount: 11-50
• LinkedIn: beneplace

Beneplace, LLC, based in Austin, Texas, has been a player in the employee benefits industry since its founding in 1979. The company specializes in creating employee discount and perks programs delivered through a digital platform. This platform allows businesses to offer savings marketplaces and voluntary benefits, which help improve employee engagement and satisfaction. Beneplace serves a wide array of industries, supporting over 1,573 businesses and reaching approximately 9 million employees. Their services are designed to be user-friendly, allowing companies to implement these benefits without adding to their workload. The firm has built a reputation for flexibility and responsiveness, adapting its offerings to meet the unique needs of its clients. Beneplace's long history and established client base position it as a relevant player in the employee benefits sector.

15. Corestream

• Website: corestream.com
• Ownership type: Private
• Headquarters: Tampa, Florida, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2006
• Headcount: 51-200
• LinkedIn: corestream

Corestream, founded in 2006 and based in Tampa, Florida, is a private company that specializes in employee benefits technology. With a workforce of approximately 120 employees, Corestream provides a comprehensive suite of voluntary benefits and services aimed at large employers. The company is dedicated to enhancing employee engagement and retention by offering tailored benefits solutions that cater to the unique needs of employees. Corestream's platform simplifies the administration of these benefits for HR teams, allowing them to focus on core health and welfare benefits. The company partners with various stakeholders, including benefits brokers and providers, to deliver effective programs that address the evolving demands of the workforce. Corestream's innovative approach has positioned it as a notable player in the employee benefits industry, particularly in the realm of voluntary benefits, which are increasingly recognized as essential components of total rewards strategies.

Employee Benefits Insights: Key Companies in the US

Company	Headquarter	Size	Founded	Ownership
Mercer	New York, New York, United States (USA)	10001+	1945	Private
Alcott HR	Farmingdale, New York, United States (USA)	5001-10000	1987	Private
OneDigital	Atlanta, Georgia, United States (USA)	1001-5000	2000	Private Equity
Tandem HR	Westchester, Illinois, United States (USA)	5001-10000	1998	Private Equity
TASC (Total Administrative Services Corporation)	Madison, Wisconsin, United States (USA)	501-1000	1975	Private Equity
Axcet HR Solutions	Overland Park, Kansas, United States (USA)	11-50	1988	Private
BenefitHub	New York, New York, United States (USA)	51-200	1999	Private Equity
ReedGroup	Westminster, Colorado, United States (USA)	1001-5000	1975	Corporate
G&A Partners	Houston, Texas, United States (USA)	501-1000	1995	Private Equity
PrestigePEO	Melville, New York, United States (USA)	201-500	1998	Private Equity
PerkSpot	Chicago, Illinois, United States (USA)	51-200	2006	Private Equity
FrankCrum	Clearwater, Florida, United States (USA)	201-500	1981	Family Owned
Group Management Services, Inc.	Richfield, Ohio, United States (USA)	501-1000	1996	Private
Beneplace, LLC	Austin, Texas, United States (USA)	11-50	1979	Private
Corestream	Tampa, Florida, United States (USA)	51-200	2006	Private

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