Benefit Plan Solutions
- Company typePrivate
- Founded2006
- HeadquartersHonolulu, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Benefit Plan Solutions firmographics
Firmographics- Name
- Benefit Plan Solutions
- Legal name
- Benefit Plan Solutions, Inc.
- Website
- https://bps-hi.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Benefit Plan Solutions industry classification
Industry- Product category
- Employee Benefits Consulting
- 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), Services-Management Consulting Services (8742), Accident & Health Insurance (6321)
- akta.pro primary industry
- Eligibility, Enrollment & Benefits Administration (HLAEALAH)
- akta.pro secondary industries
- Benefits Administration (BPACAPAC), Benefits Administration & Enrollment Support (BPAAAIAB), Flexible Benefits Administration (FSA/HSA/HRA) (HLAEALAK)
Keywords
Where Benefit Plan Solutions is headquartered
LocationHeadquarters
- HQ city
- Honolulu
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Benefit Plan Solutions business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations
Distribution channels1 record
Marketing channels1 record
Benefit Plan Solutions product offering
Product offeringCore offering
Benefit Plan Solutions is a Hawaii-based consulting, actuarial, and benefits administration firm focused on employee benefit plans. Its services cover medical, prescription drug, dental, vision, group life and disability insurance, and group long term care insurance. The firm combines collective multi-stakeholder industry experience with applied technology to ensure benefit plans are financially viable, stable, and affordable for clients and their members.
Product overview
Benefit Plan Solutions is a healthcare consulting firm offering a unified suite of services centered on employee benefit plan consulting, actuarial services, and benefits administration. The company provides advisory services across medical, prescription drug, dental, vision, group life and disability insurance, and group long term care insurance. Rather than a software platform with discrete modules, BPS delivers its expertise as integrated consulting services, leveraging technology to drive better patient outcomes and lower healthcare costs for clients in Hawaii.
Differentiator
Problem solved
Functional benefit
Products and services
- Healthcare Consulting Services
Companies that use Benefit Plan Solutions
Customer profileSegments1 record
Ideal customer profiles1 record
Benefit Plan Solutions technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Benefit Plan Solutions partnerships and signals
Strategic signalScale indicators1 record
Recent moves3 records
Expansion highlights1 record
Benefit Plan Solutions competitors and assessment
Company assessmentBroad incumbents
- Mercer: Global consulting leader providing health, benefits, actuarial, and benefits administration services to employers — directly comparable service stack to BPS but operating at vastly larger scale across many geographies, while BPS serves the same function only in Hawaii.
- Willis Towers Watson: Global advisory firm offering benefits consulting, actuarial, and administration services to employers of all sizes — overlap with BPS's consulting + actuarial + benefits administration model across medical, dental, disability, and life lines.
- Aon: Global professional services firm with a major Health Solutions practice offering health benefits consulting, actuarial, and benefits administration to employers — comparable service mix to BPS at national/global scale.
- USI Insurance Services: Major US insurance brokerage with a dedicated Employee Benefits practice delivering consulting, analytics, and benefits administration to mid- and large employers — comparable consulting-plus-administration model to BPS.
- Alliant Insurance Services: Specialty insurance brokerage and consulting firm with a strong employee benefits practice providing consulting, brokerage, and benefits administration to mid- and large employers — directly comparable to BPS's service offerings.
- Hub International: North American insurance brokerage offering employee benefits consulting, benefits administration, and actuarial support to mid-market employers — comparable service stack and client segment to BPS.
- Lockton: Largest independent insurance broker globally, with deep employee benefits consulting and benefits management capabilities — overlapping with BPS in serving employer benefits needs including medical, dental, disability, and life.
Direct peers
- Segal Group: Independent, employee-owned consulting firm specializing in employee benefits, actuarial, and retirement plan services for employers — closely mirrors BPS's consulting + actuarial + benefits administration model and mid-market employer focus.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
Benefit Plan Solutions social profiles
Digital presenceBenefit Plan Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Benefit Plan Solutions leadership team
Management profileNumber of profiles
Benefit Plan Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Benefit Plan Solutions 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 Benefit Plan Solutions
What does Benefit Plan Solutions do?
Benefit Plan Solutions is a Hawaii-based consulting, actuarial, and benefits administration firm focused on employee benefit plans. Its services cover medical, prescription drug, dental, vision, group life and disability insurance, and group long term care insurance. The firm combines collective multi-stakeholder industry experience with applied technology to ensure benefit plans are financially viable, stable, and affordable for clients and their members.
Is Benefit Plan Solutions a public or private company?
Benefit Plan Solutions is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Benefit Plan Solutions founded?
Benefit Plan Solutions was founded in 2006. It employs 11 to 50 people.
Where is Benefit Plan Solutions based?
Benefit Plan Solutions is headquartered in Honolulu, United States, in the North America region.
Who are Benefit Plan Solutions's main competitors?
Broad incumbents on record are Mercer, Willis Towers Watson, Aon, USI Insurance Services, Alliant Insurance Services, Hub International and Lockton. Segal Group is listed as a direct peer.
Does Benefit Plan Solutions have an API?
No public API is recorded for Benefit Plan Solutions.
What industry is Benefit Plan Solutions in?
Benefit Plan Solutions's product category is Employee Benefits Consulting. Its primary akta.pro industry code is HLAEALAH, Eligibility, Enrollment & Benefits Administration, with a secondary code of BPACAPAC, Benefits Administration. Its NAICS code is 524292 and its SIC code is 6411.