Two River Benefits Consultants
Two River Benefits Consultants is an independent employee benefits brokerage founded in 2002, serving employers across 15+ U.S. states with disability and leave management, group benefits, retirement planning, and risk management services from four regional offices.
- Company typePrivate
- Founded2002
- HeadquartersEatontown, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Two River Benefits Consultants does
Two River Benefits Consultants, LLC is an independent employee benefits brokerage and consulting firm founded in January 2002 by David Koch in Shrewsbury, New Jersey, now headquartered in Tinton Falls, NJ. The firm provides disability and leave management (including statutory paid family and medical leave, FMLA, and short/long-term disability), group employee benefits (medical, dental, vision, life, voluntary), retirement planning (401K, SEP, ESOP, 403b, cash balance, non-qualified executive comp, annuities), and risk management (BOP, umbrella, hotel, auto). It specializes in state-mandated disability and leave compliance across 15+ states and tailors solutions for the staffing industry and non-profit educational entities.
The business is built on a service-led model: leadership conducts consultative plan analyses and implementations, supported by a Zywave-integrated client portal that delivers customized electronic handbooks, plan documents, and on-demand access to certified HR specialists. Sister companies TDB Partners (2009, General Agent brokerage for Temporary Disability Benefits) and Tekcare (2012, PPACA administration and self-funded plans) extend the platform, alongside sub-brands LeaveAssure (PA disability/PFL) and Two River Perks (voluntary perks). Four regional offices (NJ, York PA, Charleston SC, Madison CT) serve clients nationwide, and the firm reports a 98% client retention rate.
Revenue is generated primarily through insurance broker commissions from carriers on placed group benefits, disability, retirement, and ancillary products, supplemented by fee-based consulting that may be waived upon broker engagement. Distribution is a mix of consultative direct sales led by the leadership team and lower-funnel self-serve channels (online quote requests, client portal). The firm is privately held by founder David Koch with 1-10 employees and no disclosed institutional funding.
Two River Benefits Consultants firmographics
Firmographics- Name
- Two River Benefits Consultants
- Legal name
- Two River Benefits Consultants, LLC
- Website
- https://tworiverbenefits.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Two River Benefits Consultants is an independent employee benefits brokerage founded in 2002, serving employers across 15+ U.S. states with disability and leave management, group benefits, retirement planning, and risk management services from four regional offices.
- Ownership category
- akta.pro rank
Two River Benefits Consultants industry classification
Industry- Product category
- Employee Benefits Brokerage and Consulting
- NAICS
- Health and Welfare Funds (525120)
- SIC
- Insurance Agents, Brokers & Service (6411), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Employee Benefits Brokerage & Consulting (FSAEADAC)
- akta.pro secondary industries
- Dental Benefit Administration (DBA) & ASO/TPA for Dental (HLAEAIAJ), Benefits Administration & Enrollment Support (BPAAAIAB), Disability Benefits Administration (BPAIAKAC)
Keywords
Where Two River Benefits Consultants is headquartered
LocationHeadquarters
- HQ city
- Eatontown
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Two River Benefits Consultants business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Insurance Broker Commissions: Two River Benefits operates as an independent insurance broker receiving commissions from insurance carriers for placing employee benefits, disability insurance, retirement plans, and other insurance products. As an independent broker, they do not represent individual insurance carriers but create market competition to benefit clients.
- Consulting Services Fees: Fee-based consulting services may be offered for benefit analysis and planning. The company states their consulting services are fee based and may be waived upon engagement as a broker partner.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Two River Benefits Consultants product offering
Product offeringCore offering
Two River Benefits Consultants is an independent insurance brokerage and consulting firm that places group health, dental, vision, life, disability, and voluntary benefits, plus retirement plans and risk management/commercial insurance, on behalf of employer clients. It specializes in administering state-mandated statutory disability and paid family/medical leave programs across 15+ states and provides compliance, HR, and self-funded plan design advisory services supported by a Zywave-powered client portal.
Product overview
Two River Benefits Consultants is a comprehensive employee benefits brokerage and consulting firm offering a broad portfolio of insurance and benefits solutions. The company operates as a multi-product platform with core service offerings spanning disability and leave management, employee benefits (medical, dental, vision), retirement planning, and risk management. Beyond core services, the company provides specialized insurance products including business owners policies, hotel insurance, umbrella, and automobile coverage. The benefits portfolio includes self-funded and fully insured medical plans (HMO, EPO, PPO, POS, HDHP with HSA/HRA options), group dental and vision plans, life insurance, accident, critical illness, cancer, short-term and long-term disability, long-term care, financial wellness, legal plans, auto/home, and pet insurance. Retirement solutions encompass 401K plans, safe harbor 401K, SEP, ESOP, profit sharing, 403b, cash balance plans, non-qualified executive compensation, and various annuity products. The company also administers state-mandated disability and leave programs across 15+ states including New Jersey, New York, California, Massachusetts, Connecticut, Pennsylvania, Rhode Island, Hawaii, Puerto Rico, Washington D.C., Washington State, Oregon, and Colorado. A client portal platform provides electronic handbook and HR support services. The company serves clients nationwide from four regional offices.
Differentiator
Problem solved
Functional benefit
Brands
- TDB Partners: General Agent broker affiliation company for Temporary Disability Benefits (TDB)
- Tekcare
- LeaveAssure
- Two River Perks
Products and services
- Disability & Leave Management Comprehensive disability and leave management services for employers, including statutory paid family and medical leave, FMLA, short-term disability, and long-term disability administration across multiple states.
- Employee Benefits Full suite of employee benefits including medical plans (self-funded and fully insured), dental, vision, life insurance, disability, and voluntary benefits placed through independent brokerage.
- Dental Insurance Individual and group dental insurance plans covering preventive care, basic procedures, and major services including PPO, DHMO, and discount plans.
- Group Dental Plans Employer-sponsored group dental insurance providing lower premiums and deductibles with access to provider networks for preventive and restorative care.
- Retirement Planning Comprehensive retirement solutions including defined contribution plans, defined benefit plans, annuities, and executive compensation programs.
- Risk Management Risk identification, analysis, and treatment services combined with insurance solutions to help businesses prepare for and address operational hazards.
- Business Owners Policy (BOP) Combined insurance package for small and medium-sized businesses including general liability, commercial property, and business interruption coverage.
- Hotel Insurance Specialized insurance coverage for hotels and lodging establishments including property, liability, workers' comp, business interruption, cyber liability, and crime insurance.
- Umbrella Insurance Excess liability coverage providing additional protection beyond standard policies for medical costs, property damage, legal costs, and personal injury.
- Auto Insurance Vehicle insurance coverage for damage, theft, and liability including collision, comprehensive, and optional endorsements like GAP and roadside assistance.
- Travel Protection Plans Annual multi-trip travel insurance providing coverage for trip cancellation, interruption, medical expenses, evacuation, and baggage delay through Arch RoamRight.
- Self-Funded Health Care Plans Self-insured health plan options including Level Premium Plans, ASO Plans, Group Captive arrangements, Reference Base Pricing, MEC Plans, and Indemnity Plans.
- Pennsylvania LeaveAssure Short term disability and paid family leave program for PA employers where state programs are not mandated.
- Two River Perks Employee perks and discount program for Two River Benefits clients providing additional voluntary benefits.
- New Jersey Temporary Disability Insurance (TDI) State-mandated disability coverage for NJ employers with private plan options that reduce employer contributions and speed claims payments.
- New Jersey Paid Family Leave Insurance (PFL) Family leave insurance providing up to 6 weeks of paid time off for caring for seriously ill family members.
- New Jersey Family Leave Act (FLA) Job-protected leave entitling eligible employees to up to 12 weeks of family leave in a 24-month period.
- New Jersey Earned Sick Leave (ESL) Paid sick leave requirement providing up to 40 hours per year accrued at one hour per 30 hours worked for all employees.
- New York Disability Benefits (DBL) Short-term disability insurance coverage for NY employees with private plan bundling options for DBL and PFL.
- Massachusetts Paid Family & Medical Leave (PFML) Private plan options for MA employers exceeding state benefits while reducing employer contributions with faster claims processing.
- California Short-Term Disability Insurance (DI) State disability insurance covering short-term non-work related disabilities including pregnancy with employee-funded payroll deductions.
- 401K Plans Defined contribution retirement plans allowing employees to defer salary before taxes with employer matching options and vesting schedules.
- Client Portal Free client portal providing access to plan management, electronic handbook, and HR resources including certified HR specialist support.
Quantifiable outcome
- 98% client retention rate demonstrates superior service quality and client satisfaction
- +2 more outcomes
Companies that use Two River Benefits Consultants
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Two River Benefits Consultants technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Two River Benefits Consultants partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- TEKCarecoreSister company formed in 2012 to help companies administer and comply with PPACA/Affordable Care Act. Earned a stellar reputation for customized administered and self-funded plans that meet employers' needs and keep them in compliance with changing laws. Addresses administrative hurdles for staffing industry and companies with large part-time or temporary populations.
- TDB PartnerscoreSister company formed in 2009 as a General Agent broker affiliation company specifically for Temporary Disability Benefits (TDB). Extends Two River Benefits' reach in the disability insurance market.
- New Jersey Staffing AlliancecorePartnership with NJSA positioned Two River Benefits as one of the largest Temporary Disability Benefits (TDB) providers in New Jersey. This strategic alliance enabled rapid growth and continues to be a significant business channel. Two River Benefits helped the NJSA add 30+ new members with an Association Insurance program.
Scale indicators5 records
Recent moves10 records
Expansion highlights5 records
Two River Benefits Consultants competitors and assessment
Company assessmentBroad incumbents
- Brown & Brown, Inc. Large publicly traded insurance brokerage offering employee benefits brokerage among many other lines; actively acquires mid-sized benefits brokerages and competes for the same employer accounts.
- NFP Corp. National insurance brokerage and benefits consulting firm heavily focused on mid-market employer benefits, retirement, and risk solutions across multiple U.S. regions.
- USI Insurance Services: Large employee benefits and property/casualty brokerage serving mid-market and large employers with comparable service offerings and growing mid-market presence.
- Hub International: Large insurance brokerage that has aggressively rolled up regional U.S. brokerages and offers competing employee benefits and risk management services at scale.
- Arthur J. Gallagher & Co. Major global insurance brokerage and risk management firm with a large employee benefits consulting and brokerage practice that competes directly with Two River Benefits' core offerings.
- Lockton Companies: Privately held large insurance brokerage with substantial employee benefits consulting practice serving mid-market and large employers through regional offices.
Direct peers
- Sequoia Benefits Group: Regional employee benefits brokerage serving mid-market and small employers across multiple U.S. states with a similar independent broker/consulting model focused on group health, disability, and retirement planning.
- BSI Corporate Benefits: Independent employee benefits brokerage and consulting firm providing group health, disability, and benefits administration to employers — closely comparable mid-sized brokerage competitor with similar service mix.
Emerging players
- Alera Group: Rapidly growing insurance brokerage formed through roll-ups of regional benefits brokerages; competes directly with Two River Benefits for mid-market employer benefits accounts with greater scale.
- World Insurance Associates: Fast-growing mid-market insurance brokerage with strong employee benefits and risk management capabilities that has acquired numerous regional brokerages across the Northeast U.S.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Two River Benefits Consultants social profiles
Digital presenceTwo River Benefits Consultants financial estimates
Financial estimateRevenue estimate
Valuation estimate
Two River Benefits Consultants leadership team
Management profileNumber of profiles
Profiles5 records
Two River Benefits Consultants subsidiaries and ownership
Company hierarchySubsidiaries2 records
Two River Benefits Consultants funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Two River Benefits Consultants M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Two River Benefits Consultants
What does Two River Benefits Consultants do?
Two River Benefits Consultants is an independent insurance brokerage and consulting firm that places group health, dental, vision, life, disability, and voluntary benefits, plus retirement plans and risk management/commercial insurance, on behalf of employer clients. It specializes in administering state-mandated statutory disability and paid family/medical leave programs across 15+ states and provides compliance, HR, and self-funded plan design advisory services supported by a Zywave-powered client portal.
Is Two River Benefits Consultants a public or private company?
Two River Benefits Consultants is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Two River Benefits Consultants founded?
Two River Benefits Consultants was founded in 2002. It employs 1 to 10 people.
Where is Two River Benefits Consultants based?
Two River Benefits Consultants is headquartered in Eatontown, United States, in the North America region.
How does Two River Benefits Consultants make money?
Two revenue lines are on record. Insurance Broker Commissions are the primary driver. The others are consulting Services Fees.
Who are Two River Benefits Consultants's main competitors?
Broad incumbents on record are Brown & Brown, Inc., NFP Corp., USI Insurance Services, Hub International, Arthur J. Gallagher & Co. and Lockton Companies. Direct peers are Sequoia Benefits Group and BSI Corporate Benefits. Emerging players are Alera Group and World Insurance Associates.
Does Two River Benefits Consultants have an API?
No public API is recorded for Two River Benefits Consultants.
What industry is Two River Benefits Consultants in?
Two River Benefits Consultants's product category is Employee Benefits Brokerage and Consulting. Its primary akta.pro industry code is FSAEADAC, Employee Benefits Brokerage & Consulting, with a secondary code of HLAEAIAJ, Dental Benefit Administration (DBA) & ASO/TPA for Dental. Its NAICS code is 525120 and its SIC code is 6411.