Vida HR (Formerly Bene-Fit Solutions, LLC.)

What Vida HR (Formerly Bene-Fit Solutions, LLC.) does

Vida HR, formerly Bene-Fit Solutions, LLC., is a Colorado Springs-based HR outsourcing firm founded in 2015 that provides service-based human resources, payroll, benefits administration, HR technology, compliance, and talent optimization solutions to small and mid-sized businesses with 5 to 500 employees across 45+ U.S. states. The company serves 145+ clients covering 4000+ employees and delivers services through dedicated HR Business Partners, Payroll Specialists, and Benefits Administrators rather than call centers, with an average client tenure of 4+ years.

The technology backbone is a cloud-based HRIS platform powered by isolved that consolidates HR, payroll, benefits enrollment, time and labor management, workforce scheduling, expense management, applicant tracking, electronic onboarding, performance management, and secure cloud-based file management in a single integrated system. Layered on top are a proprietary Knowledge Center containing 700+ articles, forms, templates, and compliance resources, plus a Certified Partner relationship with The Predictive Index for talent optimization (PI Hire, PI Inspire, PI Diagnose, PI Design). A mutual referral relationship with Legacy Planning Group extends the offering into retirement administration.

Vida HR operates a sales-led, subscription-based business model with annually billed, quote-priced contracts customized to client size, industry, and service scope. Revenue is generated through professional HR outsourcing fees, payroll processing, benefits administration, and add-on modules including RPO, workers' compensation, leadership development, and HR audits. The company is privately held by three partners (Regina Dyerly, Tyler Johnston, David Schneiderman) with no disclosed institutional or PE backing, and reaches market through direct sales, content marketing (HR Stew podcast, blog), regional awards positioning, and a small set of technology and referral partnerships.

Name

Vida HR (Formerly Bene-Fit Solutions, LLC.)

Legal name

Vida HR

Website

https://vidahr.com

Company type

Private

Founded year

2015

Operating status

Operating

Short description

Vida HR is a Colorado-based HR outsourcing firm providing payroll, benefits administration, HR technology, compliance, and talent optimization services to small and mid-sized businesses with 5 to 500 employees across 45+ U.S. states.

Ownership category

akta.pro rank

Product category

Human Resources & Payroll Outsourcing Services

NAICS

Professional Employer Organizations (561330), Payroll Services (541214), Human Resources Consulting Services (541612), Employment Services (5613)

SIC

Services-Management Services (8741), Services-Management Consulting Services (8742)

akta.pro primary industry

Comprehensive HRO (Multi-Process HR Outsourcing) (BPACAKAA)

akta.pro secondary industries

Payroll Outsourcing & Pay Administration (Multi-country/Managed Payroll) (BPACAKAD), Core HR & HRIS (BPACAPAA), Compensation & Performance Administration Outsourcing (annual cycles, merit, reviews) (BPACAKAL), HRIS/HCM Managed Services & Support (BPAEAGAF), HR Operations Administration (HRIS Admin, Records, Employee Data Mgmt) (BPACAKAC)

Keywords

• Human resources outsourcing
• Payroll processing services
• Benefits administration
• HRIS technology platform
• Talent optimization services

Headquarters

HQ city

Colorado Springs

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional HR Outsourcing Services: Service-based HR outsourcing providing dedicated HR Business Partners, payroll specialists, and benefits administrators to manage HR functions, payroll processing, and benefits administration.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Vida HR provides outsourced human resources, payroll processing, payroll tax services, and benefits administration delivered by dedicated expert teams (HR Business Partners, payroll specialists, and benefits administrators) rather than call centers or chatbots. Services are supported by an isolved-powered cloud HRIS platform that centralizes employee data, onboarding, benefits enrollment, time and labor management, and performance management, and extend to specialized offerings such as Talent Optimization (via Predictive Index), Recruitment Process Outsourcing, and add-on modules including Retirement Administration, Workers' Compensation, Leadership Development, and HR Audits.

Product overview

Vida HR provides service-based HR, payroll, and benefits outsourcing solutions. The core offering consists of integrated Human Resources Outsourcing, Payroll Processing, Payroll Tax Services, and Benefits Administration, supported by a cloud-based HRIS platform built on isolved technology. Additional specialized services include Talent Optimization (via Predictive Index partnership), Recruitment Process Outsourcing (RPO), and a-la-carte add-ons such as Retirement Administration, Workers' Compensation Services, Leadership Development, and HR Audits. The company also operates a client-facing Knowledge Center with 700+ resources and produces the HR Stew podcast for industry content.

Differentiator

Problem solved

Functional benefit

Products and services

• Human Resources Outsourcing Full-service HR outsourcing providing dedicated HR Business Partners who handle compliance, employee relations, policy development, onboarding, termination, FMLA administration, and ongoing HR consulting for small and mid-sized employers.
• Payroll Processing Full-service payroll processing with dedicated payroll specialists handling calculations, direct deposit, tax withholding, quarterly and annual tax filings, W-2/1099 processing, and garnishment management for client employers.
• Payroll Tax Services Payroll tax filing and compliance services including tax entity setup, quarterly and annual tax filings, and workers' compensation setup and compliance for employers operating across multiple states.
• Benefits Administration Full-service benefits administration including benefit reconciliations, employee perks access, COBRA administration, Flexible Spending Account (FSA) support, and ACA reporting and filing (1094/1095 forms) for client employers.
• Talent Optimization (Powered by Predictive Index) Talent optimization services using The Predictive Index suite (PI Hire, PI Inspire, PI Diagnose, PI Design) to help clients make better hires, design high-performing teams, and increase employee engagement.
• Recruitment Process Outsourcing (RPO) Recruitment process outsourcing providing designated experts using innovative technology and analytics to fill recruitment needs, cut talent acquisition costs, and improve hiring efficiency for client employers.
• Retirement Administration Retirement plan administration services including automated deductions, employer match processing, and coordination with retirement providers and third-party administrators; delivered in partnership with Legacy Planning Group.
• Workers' Compensation Services Workers' compensation services covering policy setup, cost containment, audit support, payment remittance, and risk management for client employers.
• Leadership Development & Training Development services including needs analysis for leadership training, customized employee culture surveys, and virtual or in-person training delivery for client teams.
• HR Audits Comprehensive HR audits to bring companies up-to-date and compliant, available annually or on an as-needed basis for companies not requiring full-service solutions.
• HR Technology / HRIS Platform All-in-one HRIS platform enabling HR, payroll, benefits enrollment, time and labor management, workforce scheduling, expense management, applicant tracking, electronic onboarding/offboarding, performance management, and secure cloud-based file management, powered by isolved.

Quantifiable outcome

• Serving 145+ companies and 4000+ employees across 45+ states

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• The Predictive IndexcoreTechnology or IntegrationCertified partner providing The Predictive Index suite of talent optimization tools including PI Hire (hiring optimization), PI Inspire (team management), PI Diagnose (engagement measurement), and PI Design (team facilitation). Vida HR is a Certified Partner administering these assessment tools for clients.
• Legacy Planning GroupminorStrategic or Co-development PartnerRetirement, tax, and financial planning group that works with Vida HR clients for retirement administration. Vida HR refers clients to Legacy Planning Group for comprehensive retirement solutions, and Legacy Planning Group refers their clients to Vida HR for HR support.
• isolvedcoreTechnology or IntegrationTechnology platform powering Vida HR's integrated HRIS system including payroll, benefits, timekeeping, and performance management. Vida HR operates as a service provider utilizing the isolved technology platform.

Scale indicators5 records

Expansion highlights5 records

Broad incumbents

• ADP TotalSource: ADP TotalSource is the PEO division of ADP, the largest payroll/HR services incumbent, offering co-employment, benefits, payroll, and compliance at massive scale. It competes broadly with Vida HR but as part of ADP's much wider product portfolio.
• Paychex PEO: Paychex's PEO and HR services arm delivers payroll, benefits, and HR outsourcing to SMBs nationally. Paychex is a broad incumbent with much larger scale and a deeper technology stack than Vida HR.

Emerging players

• isolved: isolved is the HCM/HRIS platform that powers Vida HR's service delivery and is also a direct competitor to Vida HR in the SMB HR/payroll market through its own partner and direct channels, creating an interdependent relationship.
• BambooHR: BambooHR provides HRIS, payroll, and benefits software focused on small and mid-sized businesses, partially overlapping Vida HR's SMB target market, particularly around HRIS and employee record management.
• Rippling: Rippling is a fast-growing, well-capitalized HCM platform combining payroll, benefits, HR, IT, and device management for SMB and mid-market companies. It represents the tech-first alternative to Vida HR's service-heavy approach.

Direct peers

• Justworks: Justworks is a PEO providing payroll, benefits, HR support, and compliance to small and mid-sized businesses (typically under 500 employees) on a subscription model, directly competing with Vida HR's core offering and target customer segment.
• Insperity: Insperity is one of the largest publicly traded PEOs in the U.S., providing HR, payroll, benefits, and workforce management to small and mid-sized businesses across all 50 states, competing head-to-head with Vida HR's multi-state HRO delivery.
• TriNet: TriNet is a national PEO serving small and mid-sized businesses with HR outsourcing, payroll, benefits, and compliance support, directly comparable to Vida HR's bundled HR/payroll/benefits delivery to similar-sized employers.
• Zenefits: Zenefits is an HR, payroll, and benefits platform targeting small and mid-sized businesses with a SaaS-led model, competing with Vida HR for the same SMB customer base on payroll/benefits administration.
• Gusto: Gusto is a payroll, benefits, and HR platform built primarily for small businesses, often bundled with access to HR experts. It overlaps Vida HR's SMB target customer and outsourced payroll/benefits/HR service model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/playlist?list=PLoeRGToFgOkSBnPfR6ePDF-haCc0_cADu&si=8MrwM83iSwxZrt1_
• LinkedInlinkedin.com/company/vidahr
• Instagraminstagram.com/vida.hr

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Vida HR (Formerly Bene-Fit Solutions, LLC.)