CPN
CPN (CPNflex) is a privately held Memphis-area Third-Party Administrator that manages employer-sponsored FSA, HRA, HSA, and commuter benefit accounts via a web-based employee self-service portal, generating revenue through recurring administration fees from employer clients.
- Company typePrivate
- Founded1984
- HeadquartersCordova, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
CPN firmographics
Firmographics- Name
- CPN
- Legal name
- CPN, Inc.
- Website
- https://cpnflex.com
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- CPN (CPNflex) is a privately held Memphis-area Third-Party Administrator that manages employer-sponsored FSA, HRA, HSA, and commuter benefit accounts via a web-based employee self-service portal, generating revenue through recurring administration fees from employer clients.
- Ownership category
- akta.pro rank
CPN industry classification
Industry- Product category
- Third-Party Benefits Administration
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Hospital & Medical Service Plans (6324)
- akta.pro primary industry
- Flexible Benefits Administration (FSA/HSA/HRA) (HLAEALAK)
- akta.pro secondary industry
- Self-Funded Employer Plan TPA (ASO Administration) (HLAEALAA)
Keywords
Where CPN is headquartered
LocationHeadquarters
- HQ city
- Cordova
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
CPN business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D
Revenue model
- TPA Administration Services: Third-Party Administration fees charged to employers for managing consumer-directed health benefit accounts including FSA, HRA, HSA, and commuter programs.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
CPN product offering
Product offeringCore offering
CPN (Corporate Planning Network) operates as a Third-Party Administrator (TPA) for employer-sponsored consumer-directed health benefit accounts, administering Flexible Spending Accounts (FSA), Health Reimbursement Arrangements (HRA), Health Savings Accounts (HSA), and commuter/mileage benefit programs. The company provides benefits administration services including claims processing, employee self-service portals, and compliance support for employers offering these IRS-regulated accounts.
Differentiator
Problem solved
Functional benefit
Products and services
- FSA (Flexible Spending Account) Administration Third-party administration of pre-tax Flexible Spending Accounts that allow employees to set aside money from their paycheck for eligible healthcare expenses, including claims processing and account management for employer-sponsored plans.
- HRA (Health Reimbursement Arrangement) Administration Third-party administration of employer-funded Health Reimbursement Arrangements, where the employer reimburses employees for qualified medical expenses, including claims adjudication and compliance support.
- HSA (Health Savings Account) Administration Third-party administration of tax-advantaged Health Savings Accounts for individuals with high-deductible health plans to save and pay for qualified medical expenses, including account management services.
- Commuter & Mileage Benefits Administration Third-party administration of pre-tax commuter benefit programs covering transit and parking expenses, plus mileage reimbursement for business travel, for employer-sponsored plans.
- FSA Store Marketplace Access Integration with the FSA Store online marketplace, providing CPN benefit account holders access to purchase FSA-eligible products and services through an affiliate referral partnership.
Companies that use CPN
Customer profileSegments1 record
Ideal customer profiles1 record
CPN technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
CPN partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- FSA StoreminorFSA Store is a marketplace for FSA-eligible products and services. CPN links to the FSA Store from their website navigation (FSA Store link) and receives affiliate referral credit (a_aid=571525b51899c&a_bid=24b7cc54) when customers purchase through this channel. This is a marketing/referral partnership driving customer acquisition and product sales.
Scale indicators1 record
CPN competitors and assessment
Company assessmentDirect peers
- HealthEquity: Largest independent consumer-directed benefits administrator in the US, offering HSA, FSA, HRA, and commuter benefit administration. Most direct comparable to CPN's core service line, but at vastly greater scale and with debit-card-integrated technology.
- ConnectYourCare (Optum): TPA offering consumer-directed benefit accounts including HSA, FSA, and HRA, now part of Optum. Directly comparable in product mix to CPN, with broader scale and integration with UnitedHealth's ecosystem.
- Benefit Resource: Mid-sized TPA administering FSA, HRA, HSA, commuter, and COBRA benefits for employers. Closely comparable niche TPA business model with similar employer customer segment.
- PayFlex (Aetna/CVS): TPA administering FSA, HRA, HSA, and commuter benefits, affiliated with Aetna/CVS. Closely comparable in product line and employer customer base to CPN.
- Flores & Associates: Third-party administrator for consumer-directed benefit accounts (FSA, HRA, HSA, commuter), serving employers and benefit brokers. Highly comparable small/mid-market TPA peer.
- WageWorks (now part of HealthEquity): Historical national TPA specializing in FSA, HRA, HSA, and commuter benefits. Operates the same account-based benefit administration model as CPN and competes for employer benefit contracts.
Broad incumbents
- Benefitfocus: Benefits administration software platform serving large employers and carriers. Adjacent technology provider to the same employer market CPN serves, though more software-platform than TPA.
- ADP TotalSource: PEO/HR-outsourcing giant that bundles benefits administration, including FSA/HSA, with payroll. Competes for employer benefit-admin spend but as part of a much broader HR/payroll portfolio.
- Optum Financial (UnitedHealth Group): Large-scale payer/financial-services incumbent offering HSA and other consumer-directed benefit administration as part of a broader portfolio. Competes for the same employer customers as CPN via Optum Financial and ConnectYourCare.
Emerging players
- Lively: Modern HSA-focused platform targeting employers and individuals. Overlaps with CPN's HSA product line but emphasizes digital UX and a direct-to-consumer model.
Market position
Customer concentration
CPN social profiles
Digital presenceCPN financial estimates
Financial estimateRevenue estimate
Valuation estimate
CPN leadership team
Management profileNumber of profiles
Profiles1 record
CPN funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CPN 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 CPN
What does CPN do?
CPN (Corporate Planning Network) operates as a Third-Party Administrator (TPA) for employer-sponsored consumer-directed health benefit accounts, administering Flexible Spending Accounts (FSA), Health Reimbursement Arrangements (HRA), Health Savings Accounts (HSA), and commuter/mileage benefit programs. The company provides benefits administration services including claims processing, employee self-service portals, and compliance support for employers offering these IRS-regulated accounts.
Is CPN a public or private company?
CPN is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CPN founded?
CPN was founded in 1984. It employs 1 to 10 people.
Where is CPN based?
CPN is headquartered in Cordova, United States, in the North America region.
How does CPN make money?
One revenue line is on record: TPA Administration Services.
Who are CPN's main competitors?
Direct peers on record are HealthEquity, ConnectYourCare (Optum), Benefit Resource, PayFlex (Aetna/CVS), Flores & Associates and WageWorks (now part of HealthEquity). Broad incumbents are Benefitfocus, ADP TotalSource and Optum Financial (UnitedHealth Group). Lively is listed as an emerging player.
Does CPN have an API?
No public API is recorded for CPN.
What industry is CPN in?
CPN's product category is Third-Party Benefits Administration. Its primary akta.pro industry code is HLAEALAK, Flexible Benefits Administration (FSA/HSA/HRA), with a secondary code of HLAEALAA, Self-Funded Employer Plan TPA (ASO Administration). Its NAICS code is 524292 and its SIC code is 6324.