We are one of the largest, privately held third-party administrators in the nation. Our staff of actuaries and retirement plan professionals are experts in plan design, annual administration services, and consulting. Our clients are busy professionals—so we take pride in making the complex seem simple.
We are a privately held, family owned, national actuarial firm that specializes in retirement plans for small and medium sized businesses, but we do not sell investment products. We have brought this unique combination of advanced technical knowledge and investment neutrality to our clients since 1974.
Our firm was established at a strategic and crucial time for retirement plans, when ERISA was passed into law in 1974. ERISA set forth new laws for retirement plans to follow in order to be qualified for specialized tax treatment; therefore, we have been here since the beginning and are familiar with the legislative history surrounding retirement plans and the resulting needs of those plans.
Our longevity in servicing retirement plans demonstrates our dedication to providing expert plan design and plan administration services to our clients. We have grown over the years and now have thousands of clients and multiple regional and marketing offices across the USA.
We continue to run our business the “Benetech way” for each and every client we bring on board by providing excellent services combined with reasonable fees. We are accessible, accountable, and invested in providing quality service to our clients every day.
Our Service Model
When you entrust Benetech with your retirement plan, we provide:
Singular Point of Contact: Every client is assigned a singular point of contact at Benetech. Your Benetech Retirement Plan Specialist will be familiar with your plan, and will answer your day-to-day questions regarding your plan. Our Retirement Plan Specialists are not mere customer service representatives, they are highly trained pension professionals who receive ongoing training to keep abreast of any changes in the retirement plan arena.
Dedicated Team: Your assigned Retirement Plan Specialist has a team of compliance experts, actuaries, plan document specialists, plan design experts, and consultants working with them to ensure your plan’s compliance needs are being met.
Investment Neutrality: We do not offer investment products, so we are not forced to guide clients down a certain path. Because we are investment neutral, we can work with any client and any financial advisor in the country. We design the plan, but we do not select or manage the investments. We are experts in plan design and administration. Simply put - we can help drive your retirement plan in the right direction, but we know how to stay in our lane.
Our Independence Puts Our Clients First: As a privately-held, family-owned business, not only do we have the commitment to put our clients first, but we also have the ability to do so. Our independence means we do not have venture capital ‘partners’ or other outside influences that cloud our vision. Our focus is to service your retirement plan needs and we provide quality service, but also objective information regarding qualified retirement plans, every time. We answer directly to our clients. We consider it a privilege to be a part of your retirement plan’s success.