Benefit Advantage, Inc

Benefit Advantage, Inc. has recently been sold to TASC (Total Administrative Services Corporation). The company, founded in 1989, offers high-quality benefit administration services to large and small employers nationwide. Its portfolio includes Flexible Spending Accounts, Health Reimbursement Arrangements, Health Savings Accounts, Retiree Medical Savings Accounts, COBRA Administration, and other customizable services. Notably, Benefit Advantage differentiates itself through its dedicated Account Managers, competitive offerings, and significant investments in technology. Its servicing platform provides on-demand web portal access, employer analytics, and an interactive mobile app. While specific financial details and investment history are not available, Benefit Advantage's acquisition by TASC demonstrates the potential for growth and attractiveness to investors.