TROY, Mich. – Jan. 27, 2021 – BeneSys Inc., a leading third-party administrator of benefit plans for Taft-Hartley multiemployer trust funds, has joined forces with Benefit Plan Administration of Wisconsin Inc. (BPA) to form a single entity. The combined businesses will operate under the BeneSys name.
“Both companies are well known within the Taft-Hartley space as quality providers,” said BeneSys CEO Edward S. Wolyniec. “The combined entity will have even greater resources to increase quality and capabilities as well as improve service and technology for our clients.”
BPA brings with it four service locations in Wisconsin, giving BeneSys an expanded presence in the Upper Midwest and no overlap with its 20-plus offices across the country. BPA President Mark Traino and Vice President Jim Hoppe have joined the BeneSys executive team as senior vice presidents reporting to Wolyniec.
“The Taft-Hartley and overall benefits administration space continues to grow in terms of complexity, requirements for ongoing investment, and technology refreshes and enhancement,” Wolyniec said. “Leveraging our combined resources will allow us to respond to changing market conditions while remaining high-quality, reliable partners to our clients.”
BeneSys has provided Taft-Hartley trust fund administration and IT services since 1979. The company’s dedicated specialists understand the nuances of Taft-Hartley benefit plans, and its software system, BenefitDriven, is designed to give clients and their plan participants the most efficient tools for self-administering trust fund accounts. With more than 220 clients representing over 480 multiemployer trust funds across the U.S., BeneSys serves more than 500,000 plan participants and their dependents. Learn more at benesys.com.