Benefits Administrators, LLC

Benefits Administrators, LLC is a seasoned player in the financial services and human resources industries, offering guidance and administrative support to organizations providing employee retirement benefit plans. Since its establishment in 1995, the company has cultivated trust and loyalty from numerous businesses and financial advisors, cementing over 700 client relationships. As an independent fee-for-service provider, they collaborate with various investment managers, brokerage firms, trust companies, and banks without promoting investment or insurance products. Notably, they have achieved the prestigious CEFEX designation for service provider excellence, reflecting their unwavering commitment to the highest standards of practice. With a dedicated team of 15 employees based in Lexington, Benefits Administrators serves clients nationwide. Their expertise is underpinned by advanced training and technical experience, reinforced by affiliations with prominent industry bodies such as the American Society of Pension Professional and Actuaries (ASPPA) and the National Institute of Pension Professionals (NIPPA). The company's impressive portfolio includes managing a 401(k) plan with about 14,000 participants and providing services for a client with approximately $500,000,000 in assets. Their diverse clientele encompasses small local businesses, large multi-location corporations, non-profit organizations, governmental entities, Taft-Hartley boards of trustees, and single employers. In conclusion, Benefits Administrators, LLC's strong industry standing, impressive client portfolio, and commitment to excellence position it as a compelling prospect for potential venture capital investment.