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BeneSys
BeneSys, a subsidiary of The Riverside Company, offers administration and IT services from its Troy, Michigan location. Services include health and welfare...
BeneSys
BeneSys, a subsidiary of The Riverside Company, offers administration and IT services from its Troy, Michigan location. Services include health and welfare plans, claims processing, medical reimbursement accounts, eligibility processing, and vacation plans.
General information
Firm type
other
Year founded
1979
Location
Region
North America
Country
United States
City
Troy
Corporate office
Troy, MI, United States
Additional offices
Amherst, OH · Baltimore, MD · Boston, MA · Carmel, IN · Cleveland, OH · Columbia, MD · DeForest, WI · Denver, CO · Des Moines, IA · Greenwood, IN · Hagerstown, MD · Independence, OH · Lanham, MD · Las Vegas, NV · Pleasanton, CA · West Covina, CA · San Jose, CA · San Diego, CA · Salt Lake City, UT · Bridgeton, MO · Louisville, KY · Omaha, NE · Portland, OR · Riverport, MO · Seattle, WA · Youngstown, OH · Phoenix, AZ · Washington, D.C. · Milwaukee, WI · Livermore, CA · Chicago, IL · Norwood, MA · Parma, OH · Pittsburgh, PA · San Francisco, CA · Waukesha, WI · Madison, WI · Maryland Heights, MO
Sector focus
Frequently asked questions
Who owns BeneSys?
BeneSys does not disclose its ownership on its website. It is not publicly traded, and no individual or family is named as the principal owner.
What types of plans does BeneSys administer?
BeneSys administers Taft-Hartley multi-employer benefit plans, including health, pension, and other welfare benefit funds. The firm's website states it handles plans governed by the Taft-Hartley Act and has over 45 years of experience in this niche.
How many clients does BeneSys serve?
BeneSys reports serving over 250 clients representing more than 500 trust funds, with participants in nearly every U.S. state and Canada.
What is BenefitDriven?
BenefitDriven is BeneSys' proprietary software platform for trust fund administration. It provides self-service tools for plan participants and is tailored to Taft-Hartley benefit plans.
Where are BeneSys' offices located?
BeneSys lists offices in 37 cities across the U.S., including Troy (HQ), Amherst, Baltimore, Boston, Chicago, Cleveland, Denver, Las Vegas, Los Angeles area (Pleasanton/West Covina), Portland, Seattle, and Washington D.C.
Does BeneSys invest capital or only provide administration?
BeneSys' website describes it exclusively as a third-party administrator for Taft-Hartley trust funds. It does not mention any investment management or capital deployment activities.
Is BeneSys a family office?
BeneSys does not present itself as a family office. Its public profile is that of a third-party administration firm for multi-employer benefit plans. No family office operations or affiliated single-family office are disclosed.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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