INDEPENDENT THIRD PARTY ADMINISTRATORS
Benefit Resource, Inc. Company Profile
We are independent, dedicated third party administrators of IRC Sections 125, 105(h) and 132(f) Plans. We provide superior tax-free employee benefit plan consulting & design, leading-edge technology and responsive administrative support so that you can cost-effectively offer "employer of choice" benefits.
Over 160,000 employees at more than 1,400 employers nationwide participate in tax-free benefit plans administered by Benefit Resource.
Tax-free employee benefit plans are the sole focus of our business. Our innovative “stored value” card technology is patent-pending. Its ease of use for both employers and employees is well recognized.
All of our administrative services are provided by Benefit Resource personnel. Each client is assigned a Plan Support Team, comprised of benefits consulting professionals with in-depth knowledge.
Customer surveys show that we consistently rank 95 percent and above in customer satisfaction, speedy reimbursement and professional, courteous service.
Our engaging programs and plan advantages deliver higher-than-usual employee participation. We average 25 to 30 percent participation in our flexible health benefit plans and 60 to 70 percent participation in our transit benefit plan - generally higher than the national average for third party administrators or employer-administered programs.
Our professional employee benefit consultants maintain active membership in several professional organizations, including Employers Council on Flexible Compensation (ECFC), Employee Benefit Institute of America (EBIA), and Society for Human Resource Management (SHRM). Along with legal counsel, our designers continuously monitor and interpret regulatory activity as it pertains to IRC 125, IRC 105(h) and IRC 132(f).
Benefit Resource was founded in 1993. The firm is headquartered in Rochester, New York. Benefit Resource is insured and will provide a Certificate of Insurance upon request. Contracting our services will not require any change in your existing employee benefit offerings.