Cornerstone Employee Benefits

What Cornerstone Employee Benefits does

Cornerstone Employee Benefits is a privately held employee benefits consulting and administration firm headquartered in Benson, North Carolina, serving small, mid-sized, and large businesses primarily across North Carolina. The firm was founded in 2021 by DeVan Barbour and Lee Honeycutt, both veterans of the employee benefits and risk management industries, and operates with 11-50 employees under a consultative, relationship-driven B2B model that emphasizes community involvement and long-term partnerships.

The company delivers an integrated six-line service portfolio: Consulting, Enrollment, Administration, Account Management, Counseling, and Compliance, supported by a proprietary BenAdmin software platform that handles employee onboarding, offboarding, and enrollment data flow to insurance carriers. Service delivery is offered through flexible online, in-person, and hybrid enrollment models, with ongoing account management and regulatory compliance guidance across federal, state, and local requirements. The value proposition centers on personalized, non-standardized solutions positioned against larger national brokers, leveraging founder relationships and local reputation.

Revenue is generated through professional services fees for consulting, enrollment, administration, account management, employee counseling, and compliance work, with likely commission income from carrier relationships across multiple insurance providers. Pricing is quote-based and not publicly disclosed. The firm is founder-owned, has raised no external funding, has no disclosed parent or subsidiary entities, and shows no public listing, M&A, or partnership announcements in the available data.

Name

Cornerstone Employee Benefits

Legal name

Cornerstone Employee Benefits

Website

https://mycornerstonebenefits.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Cornerstone Employee Benefits is a privately held North Carolina employee benefits consulting and administration firm serving SMBs and larger organizations with integrated consulting, enrollment, administration, account management, counseling, and compliance services supported by proprietary BenAdmin software.

Ownership category

akta.pro rank

Product category

Employee Benefits Consulting and Administration

NAICS

Health and Welfare Funds (525120), Professional Employer Organizations (561330)

SIC

Insurance Agents, Brokers & Service (6411), Services-Management Consulting Services (8742)

akta.pro primary industry

Employee Benefits Brokerage & Consulting (FSAEADAC)

akta.pro secondary industries

Benefits Administration (BPACAPAC), Benefits Administration & Enrollment Support (BPAAAIAB), Benefits Administration & Total Rewards Outsourcing (BPACAKAE)

Keywords

• Employee benefits consulting
• Benefits administration services
• Health insurance brokerage
• Benefits enrollment management
• HR compliance services

Headquarters

HQ city

Dunn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Benefits Consulting and Administration Services: Cornerstone generates revenue through professional services fees for benefits consulting, enrollment management, ongoing administration, account management, employee counseling, and compliance services. The company works with multiple insurance providers to offer a variety of plans, suggesting they may earn commissions from carrier relationships while charging service fees to clients.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Cornerstone Employee Benefits provides a one-stop shop of employee benefits services to businesses, including personalized consulting, end-to-end enrollment management, ongoing administration, dedicated account management, employee benefits counseling, and regulatory compliance support. Its offerings are delivered through consultative, relationship-driven engagements and supported by a proprietary BenAdmin software platform that manages onboarding, offboarding, and enrollment data exchange with multiple insurance carriers.

Product overview

Cornerstone Employee Benefits provides a comprehensive suite of employee benefits services organized around six core offerings: Consulting, Enrollment, Administration, Account Management, Counseling, and Compliance. The company leverages cutting-edge proprietary software for benefits administration (BenAdmin) to ensure efficient and accurate data handling for carrier onboarding, offboarding, and enrollment management. Their service model positions these offerings as an integrated, one-stop solution designed to handle all aspects of employee benefits management.

Differentiator

Problem solved

Functional benefit

Products and services

• Consulting Personalized benefits strategy development for employer clients, including assessment of current offerings, cost-saving analysis, and customized recommendations tailored to each organization's unique situation, workforce demographics, and budget considerations.
• Enrollment End-to-end open enrollment management for employer clients, including dedicated benefits counselors, flexible enrollment options (online, in-person, hybrid), employee communication tools, and coordination of paperwork and enrollment deadlines.
• Administration Ongoing benefits administrative support for employer clients, including responding to coverage and claims questions, managing plan changes, coordinating with insurance carriers, and providing back-end support for HR teams. Powered by proprietary BenAdmin software for accurate data exchange.
• Account Management Liaison service between employer clients and insurance providers, including negotiating and managing plans, scheduling and coordinating enrollment meetings and communications, managing employee changes (new hires, terminations, qualifying events), and overseeing plan performance.
• Counseling Employee education service offering group benefits presentations, one-on-one sessions, and clear explanations of health, dental, vision, life, disability, retirement, and wellness options, along with guidance on cost-saving strategies such as HSAs and in-network provider selection.
• Compliance Regulatory compliance guidance for employer benefits programs, including monitoring federal, state, and local regulatory changes, assisting with required filings and documentation (such as ACA requirements), ensuring plan documentation is accurate and accessible, and providing regular updates and actionable advice.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Cottingham & Butler: Mid-market insurance broker with strong employee benefits practice. Comparable to Cornerstone in consultative model and benefits consulting/brokerage services for SMB and mid-market clients.
• Hilb Group: East Coast-focused insurance brokerage with strong benefits practice serving mid-market employers. Closely comparable to Cornerstone on regional relationship-driven distribution and SMB benefits focus.
• Holmes Murphy & Associates: Mid-market-focused employee benefits and risk management consulting firm. Highly comparable to Cornerstone across the full benefits lifecycle—consulting, enrollment, administration, compliance—and similar middle-market client focus.
• OneDigital: One of the largest U.S. employee benefits brokerage and consulting firms serving mid-market and SMB employers. Directly comparable to Cornerstone in core offering (benefits consulting, enrollment, administration, compliance) but at significantly larger national scale.

Broad incumbents

• USI Insurance Services: National insurance brokerage with a substantial employee benefits practice serving mid-market and large employers. Overlaps with Cornerstone on benefits consulting, brokerage, and administration at much broader geographic and segment scale.
• AssuredPartners: National insurance brokerage with a sizeable employee benefits segment. Comparable to Cornerstone on benefits consulting and administration for SMB/mid-market with substantially larger scale and PE backing.
• Brown & Brown Insurance: Public insurance brokerage with growing employee benefits division. Comparable to Cornerstone in benefits brokerage and consulting; broader geographic reach and deeper carrier relationships.
• Hub International: Large North American insurance brokerage with deep employee benefits capabilities. Comparable benefits consulting and brokerage offerings though distributed across broader national footprint than Cornerstone.
• NFP (Aon): Large benefits, property/casualty, and wealth management broker acquired by Aon. Comparable to Cornerstone on employee benefits consulting and brokerage; materially larger and now backed by Aon's global platform.

Emerging players

• Gusto: Cloud-based HR, payroll, and benefits platform serving SMB employers with embedded benefits brokerage. Not a direct broker, but competes with Cornerstone for the same SMB customer base via a technology-first model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/myCornerstonebenefits
• LinkedInlinkedin.com/company/cornerstoneemployeebenefits

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

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 Cornerstone Employee Benefits