TPSC Benefits

What TPSC Benefits does

TPSC Benefits (Trusteed Plans Service Corporation) is a privately held third-party administrator (TPA) of self-funded health benefit plans, founded in 1963 and headquartered in Tacoma, Washington. The company administers self-funded health plans for small and midsize employers, with an emphasis on the Pacific Northwest market but PPO network access that extends nationally. Service scope includes claims processing, stop-loss insurance evaluation and selection, COBRA administration, 5500 ERISA reporting, wellness program administration, and integrated FSA/HRA/HSA consumer-directed accounts, with bilingual member customer service.

The technology platform centers on two internally branded properties launched in 2020: SelfServePLUS, a secure web portal providing members and employers with 24/7 access to EOBs, claim status, enrollment, plan documents, provider search, and secure member-services messaging; and TPSC EzPay, a mobile application for FSA/HRA/HSA balance, eligibility, claim filing, and activity tracking. TPSC operates as an aggregator across a broad ecosystem of PPO networks (Beechstreet, Cigna, First Choice Health, First Health, MultiPlan, PHCS), dental networks (Assurant, Dentemax), and PBMs (Express Scripts, MagellanRx, Maxor, Sav-Rx, Costco Health Solutions, Prescryptive). Complementary partnerships include Teladoc for telehealth, Healthcare Bluebook for price transparency, WEX Health for account tools, Renalogic for dialysis cost containment, SafeGuardRx for cardiovascular therapy management, and Reliance Standard for stop-loss coverage. The company is SSAE 18 certified, a SPBA member, and a Premier Partner of United Way of Pierce County.

TPSC generates revenue by charging administrative fees to employer clients for managing their self-funded health plans, with pricing tailored per employer and not publicly disclosed. The go-to-market combines direct employer sales with a heavy broker/consultant channel (e.g., CLG Benefit Solutions, AIG Benefit Solutions) and includes sales messaging explicitly targeted at brokers. The company is management-owned following a 2011 management buyout and operates with a small employee base (11-50) relative to the breadth of its service offering and partner network, indicating a high-leverage operating model that depends on partner capacity rather than internal scale.

Name

TPSC Benefits

Legal name

Trusteed Plans Service Corporation

Website

https://tpscbenefits.com

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

11–50 employees

Short description

TPSC Benefits is a Tacoma, Washington-based third-party administrator founded in 1963 that provides self-funded health plan administration, integrated FSA/HRA/HSA accounts, PPO network access, and member portals to small and midsize employers, primarily in the Pacific Northwest, distributed through direct sales and broker partnerships.

Ownership category

akta.pro rank

Product category

Third-Party Health Plan Administration

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Health and Welfare Funds (525120)

SIC

Insurance Agents, Brokers & Service (6411), Hospital & Medical Service Plans (6324)

akta.pro primary industry

Flexible Benefits Administration (FSA/HSA/HRA) (HLAEALAK)

akta.pro secondary industries

Ancillary Benefits TPA (Dental/Vision/Life/Accident/Critical Illness) (HLAEALAN), Compliance, Reporting & Regulatory Administration (ERISA/ACA/No Surprises) (HLAEALAJ)

Keywords

• Third-party administration
• Self-funded health plans
• Employee benefits administration
• Consumer-directed health accounts
• Health plan TPA services

Headquarters

HQ city

Tacoma

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Third-Party Administration (TPA) Services: TPSC generates revenue as a third-party administrator by charging administrative fees to employers for managing their self-funded health plans. Services include claims processing, plan administration, enrollment, and compliance reporting.
2. Self-Funded Health Plan Administration: Core revenue stream from administering self-funded health benefit plans for employers. Includes stop-loss insurance evaluation and selection assistance, COBRA administration, 5500 ERISA reporting, and wellness program administration.
3. Integrated Benefits Account Administration: Revenue from administering integrated health reimbursement accounts including FSA (Flexible Spending Accounts), HRA (Health Reimbursement Accounts), and HSA (Health Savings Accounts) with associated debit card services.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

TPSC Benefits is a third-party administrator (TPA) that administers self-funded health benefit plans for small and midsize employers. Its core services include claims processing, plan administration, enrollment management, stop-loss insurance coordination, COBRA administration, and integrated FSA/HRA/HSA account management. The company delivers these services through the SelfServePLUS online portal and the TPSC EzPay mobile application, supported by national PPO and PBM partner networks.

Product overview

TPSC Benefits is a third-party administrator (TPA) offering a unified self-funded health plan administration platform centered on SelfServePLUS (member/employer portal) and TPSC EzPay (mobile app for FSA/HRA/HSA management). The core offering includes self-funded plan administration with integrated PPO networks (Beechstreet, Cigna, First Choice, First Health, MultiPlan, PHCS) and PBM partners (Express Scripts, MagellanRx, Maxor, Sav-Rx, Costco Health Solutions, Prescryptive). The product suite spans consumer-directed health accounts (FSA, HRA, HSA), COBRA administration, stop-loss insurance coordination, preventive care services, and regulatory compliance tools including Machine Readable Files for transparency requirements. Complementary resources include wellness tools, educational video and webinar libraries, and claims/forms processing capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• SelfServePLUS: Secure online member portal for 24/7 access to view EOBs, check claim status, check enrollment status, view plan coverage, download forms, find providers, and communicate with Member Services.
• TPSC EzPay

Products and services

• SelfServePLUS Secure online member and employer portal providing 24/7 access to view EOBs, check claim status, manage enrollment, download forms, find providers, and communicate with member services via secure email or online chat. Built for plan members, employers, and partners.
• TPSC EzPay Mobile App Free mobile application for managing FSA, HRA, and HSA accounts, enabling users to check balances, verify eligibility, file claims, check claim status, and view recent account activity.
• Self-Funded Health Plan Administration Third-party administrator services for self-funded health plans, including claims processing, plan management, enrollment expertise, stop-loss insurance evaluation and selection assistance, 5500 ERISA reporting, and consolidated eligibility and premium administration. For small and midsize employers.
• PPO Network Access Preferred Provider Organization networks providing access to medical, dental, vision, and pharmacy providers through partnerships with Beechstreet, Cigna, First Choice Health, First Health, MultiPlan, PHCS, Assurant, and Dentemax. Available to TPSC plan members.
• Flexible Spending Account (FSA) Administration

Quantifiable outcome

• Self-funded plans save employers 5-10% per year on average compared to fully insured plans
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

Feature2 records

Partnerships

22 partnerships are on record, tiered core and minor.

• BeechstreetcoreTechnology or IntegrationPPO network partnership providing in-network provider access for TPSC members. Members can search for providers through the Beechstreet network portal.
• CignacoreTechnology or IntegrationNetwork partnership providing dental and health PPO network access. Cigna provides both dental solutions and broader network coverage through the Cigna network.
• First Choice HealthcoreTechnology or IntegrationPPO network partnership offering comprehensive health and mental health/substance abuse directory access for TPSC members.
• First HealthcoreTechnology or IntegrationPPO network partnership providing provider locator services for TPSC members seeking in-network care.
• MultiPlancoreTechnology or IntegrationPPO network partnership offering extended network access and cost management solutions for TPSC members.
• PHCScoreTechnology or IntegrationPPO network partnership providing additional in-network provider access across multiple care settings.
• Express ScriptscoreTechnology or IntegrationRx/PBM partner offering pharmacy benefit management including home delivery services and prescription drug claims processing.
• MagellanRxcoreTechnology or IntegrationSpecialty pharmacy and PBM partnership providing advanced pharmacy benefit management services.
• MaxorcoreTechnology or IntegrationPBM partner offering formulary management, pharmacy network access, and reimbursement services for prescription drug claims.
• Sav-RxcoreTechnology or IntegrationPBM partnership providing prescription services. Sav-Rx has presented at TPSC webinars on PBM considerations for self-funded plans.
• Costco Health SolutionscoreTechnology or IntegrationRx partner providing pharmacy benefit services through Costco's health solutions platform.
• AssurantcoreChannel Partner/ Reseller/ DistributorDental network partnership providing dental PPO network access for members through the Assurant network.
• DentemaxcoreChannel Partner/ Reseller/ DistributorDental network partnership providing access to Dentemax dental PPO network for member dental coverage.
• Light Dental StudiosminorChannel Partner/ Reseller/ DistributorDental provider partnership offering in-network dental services for members in the Pacific Northwest region.
• TeladoccoreTechnology or IntegrationTelehealth partnership providing telemedicine services for members. TPSC partners with Teladoc to offer comprehensive telemedicine services and administer Qualified High Deductible Health Plans.
• WEX HealthcoreTechnology or IntegrationTechnology partnership providing FSA calculator, HSA calculator, and other benefits tools for members. WEX Health debit cards are used for FSA reimbursements.
• Healthcare BluebookcoreTechnology or IntegrationPricing transparency tool partnership providing members with ability to find fair prices for medical services and make informed healthcare decisions.
• RenalogiccoreStrategic or Co-development PartnerDialysis cost containment partnership providing payment allowance methodology for high-cost outpatient dialysis claims. Partnership addresses the U.S. Supreme Court ruling on end-stage renal disease discrimination.
• The Holman GroupcoreTechnology or IntegrationCalifornia-based Employee Assistance Program (EAP) partnership through First Choice Health, providing mental health, member assistance, and physician assistance programs specifically for California residents.
• MaxorPlus (Maxor)coreTechnology or IntegrationPBM partnership offering zerigo photo light therapy as a cost-effective treatment for chronic skin conditions like psoriasis and atopic dermatitis.
• SafeGuardRxcoreTechnology or IntegrationCardiovascular Care Value program through Express Scripts PBM, offering expanded therapeutic resource center support, provider outreach, and early discontinuation reimbursement for heart failure medications.
• Reliance Standard Life Insurance CompanycoreStrategic or Co-development PartnerStop-loss insurance partnership providing stop-loss coverage solutions for self-funded plans. Reliance Standard offers specific vs. aggregate coverage options and cost containment solutions.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Market position

Strengths4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/trusteed-plans-service-corporation

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TPSC Benefits