Benefit Allocation Systems, LLC

Benefit Allocation Systems, LLC is a leading player in the cloud-based HR and group benefits administration arena, offering a comprehensive suite of services including enrollment, compliance, pension, and premium allocation billing/collection. Founded in 1991, the company's flagship product, MyEnroll.com, stands out as a web-based employee benefits administration solution that covers enrollment, COBRA/HIPAA, Flexible Spending Accounts (FSA), Health Reimbursement Accounts (HRA), and Professional Learning Accounts. BAS operates on a "Software-as-a-Service (SaaS)" model, complemented by administrative support services that encompass data interchanges with insurers and payroll, reporting, and call center services. Notably, its wholly owned subsidiary, Cobra Control Services, LLC, specializes in COBRA administration services. With a focus on Information Technology and SaaS, BAS has a proven track record in the industry, despite lacking specific details about its headquarters, last investment, and investors. This seasoned player in the benefits administration space exhibits stability and potential for growth within the industry.