Madison, WI (October 16, 2017) – TASC (Total Administrative Services Corporation) is pleased to announce the formation of a strategic partnership with Benepay Technologies (BPT), a provider of human capital management solutions headquartered in Gaithersburg, Maryland. The largest privately-held, third-party employee benefits administrator in the country, TASC gains access to approximately 2,500 clients of BPT through this partnership.
“Benepay and TASC have come together to offer a unique solution – a TASC Bundle – to ease the administrative burdens of our employer clients. Prior to this TASC Bundle, clients had to use products that didn’t talk to each other, and pay higher prices for that privilege,” stated Norman Ireland, Chief Product Officer at BPT. “With the TASC Bundle from BPT/TASC, clients get an online solution with compliance and benefit account management, all for one low per employee per month price.”
“We are pleased to partner with BPT to address the many challenges Human Resources professionals face when dealing with benefits administration,” said Dan Rashke, CEO of TASC. “Their focus on technology and quality customer service is a perfect fit with our mission to deliver innovative services with right-touch experiences for our distributors, clients, and plan participants.”
Today, with a sales force of more than 10,000 combined distributors and regional sales directors and more than 1,000 employees nationwide, TASC generates in excess of $100 million in revenue and processes over $2 billion in payments annually.
BPT was founded in 2014 through a merger of Lyceum Business Services, LLC and BenePAY, LLC. The strength of BPT’s best-in-class technology is its seamless integration of HR, benefits administration, compliance and payroll processing in a single database. This fully integrated solution provides employers with high levels of accuracy and data integrity needed to successfully manage their expanding needs.
With BPT, clients of TASC will have access to additional benefits administration services. Clients of BPT will have access to TASC’s wide range of employee benefits solutions to clients of all sizes across all 50 states: Flexible Spending Accounts, Health Reimbursement Arrangements, Funded HRAs, Health Savings Accounts, workplace giving, tuition reimbursement, and payroll; COBRA, FMLA, and Retiree continuation services; and compliance services, including ERISA, PCORI, Form 5500 Preparation, and Non-Discrimination Testing.
