BENISTAR is a national leader in the design, installation and administration of employee welfare benefit plans for a broad range of plan sponsors, including both private and publicly held companies. Founded over 25 years ago, the company was originally based in New York City until 1995 when the corporate headquarters were moved to Connecticut and the company was re-incorporated as BENISTAR.

The Company has experienced rapid growth in the past several years and currently has over 100 employees throughout its regional offices, located in Stamford (CT), Chicago (IL), and Charlotte (NC), with corporate headquarters and executive offices located in Simsbury (CT). As an employee welfare benefit administration firm, BENISTAR provides professional administrative services for over 1500 corporate clients, with an aggregate employee base of over 250,000 workers. BENISTAR has assisted in the design and administration of several multiple employer trusts and hundreds of sole employer welfare benefit trusts. BENISTAR’s services include the following:

• Post-retirement Health & Welfare Plan Administration

• COBRA, HIPAA, FMLA, and related Administration

• Employee Stock Ownership Programs (ESOPs)

• Employer Sponsored Group Benefit Plans (Medical, Dental, Life, Integrated LTD, STD, RX, HRAs, FSAs, Clinical & Disease Management) specializing in self-funded & alternative funding strategies

• Life & Pension Planning – Deferred Compensation Design & Funding

• Voluntary benefits and defined contribution plans

• Comprehensive HR Outsourcing for Enrollment, Reporting, Billing, Customer Service & Claims

• Expert legal, actuarial and underwriting services

• Association, Multiple Employer, Co-Operative & Coalition Group Benefit Programs

• FAS 106 Retiree Liability Settlements (FAIR Solution)

• Health Savings Accounts (HSAs)

• Benistar Employer Services Trust (BEST)

• Retrospective Rx Claims Auditing Services

• §419 & VEBA Trust

BENISTAR provides creative and cost-effective retiree benefit solutions to meet the unique expectations of individual plan sponsors. Our expert legal, accounting, actuarial and underwriting staff works cooperatively with our benefit consulting professionals to ensure the highest quality service and account maintenance in the industry. Our services are supplemented through strategic relationships with several of the top accounting, banking, and legal institutions in their respective industries.

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