History

Our company's history extends back to 1984, when Benefit Concepts co-founders John and Jay Hoder introduced defined contribution record-keeping and administration services for the 401(k) industry. With the arrival of new TEFRA regulations in 1986, we designed and marketed our own custom software solutions for administration of COBRA and Flexible Spending Account (FSA) Plans. In 1987, Benefit Concepts began performing administration outsourcing services for employers throughout the United States.

By 1990, Benefit Concepts had become a recognized leader in providing superior COBRA and Flexible Benefit Plan administration and retirement plan services. Record growth followed in the 1990's as Benefit Concepts developed important relationships with several Fortune 500 clients. At the same time, we adjusted our business focus to include full benefit administration and became one of the first administration firms to offer complete services ranging from open enrollment to vendor payments.

In the spring of 2001, we acquired Digital Horizons, Inc., an employee self-service solutions provider located in Toledo, Ohio. With this acquisition, we now offer a total benefit outsourcing solution with custom-built Internet Employee/Manager self-service applications.

Today, over 250 Benefit Concepts associates are fully committed to providing innovative benefits outsourcing to over 500 clients nationwide.

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