PlanSource

PlanSource

Benefits administration outsourcing with enrollment software

Overview

PlanSource provides cloud-based benefits technology with enrollment, billing, and compliance tools, complemented by Next Generation Enrollment's services. NGE offered total benefits outsourcing, ACA compliance, COBRA administration, billing reconciliation, communications, eligibility audits, and call-center support for small and midsize employers. After PlanSource acquired NGE in 2017, NGE’s service approach was integrated into PlanSource’s platform, creating a unified solution for benefits shopping, enrollment, billing, and compliance. The goal is to simplify and automate benefits administration for employers, reduce HR workload, and improve employee experience while ensuring regulatory compliance.

About PlanSource

Simplify's Rating
Why PlanSource is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consulting

Enterprise Software

Company Size

11-50

Company Stage

Series C

Total Funding

$94M

Headquarters

Ada, Minnesota

Founded

2004

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Simplify's Take

What believers are saying

  • PlanSource launched Delivery Hub on June 4, 2026, targeting error-prone setup work.
  • September 2026 careers pages list AI Engineer, Controller, and Customer Success openings.
  • PlanSource won UKG 2025 Innovator of the Year and 2025 Comparably culture honors.

What critics are saying

  • Revelio Labs pegged headcount at 614 in March 2026, down 32.1% from 2023.
  • PlanSource faces active contract litigation in Florida against Summit Services, filed May 20, 2025.
  • Carrier-integrated suites and AI-native rivals gut PlanSource margins by 2027.

What makes PlanSource unique

  • June 4, 2026 Delivery Hub automates PlanSource implementation and configuration workflows.
  • June 23, 2026 Symetra integrated its workforce benefits products into PlanSource.
  • PlanSource pairs software with services, including call centers, ACA, COBRA, and billing reconciliation.

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Funding

Total Funding

$94M

Above

Industry Average

Funded Over

0 Rounds

Growth & Insights and Company News

Headcount

6 month growth

↑ 4%

1 year growth

↑ 4%

2 year growth

↑ 4%
Associated Press
Jun 4th, 2026
PlanSource launches AI-powered Delivery Hub to cut benefits admin configuration effort by 50%

PlanSource, a benefits administration technology company, has launched Delivery Hub, an AI-powered tool designed to automate and streamline benefits configuration processes. The platform can reduce the effort required to build and validate changes by up to 50%. Delivery Hub uses AI to simplify traditionally complex implementation tasks that previously required weeks or months of manual work. The system features drag-and-drop setup with accuracy rates reaching 96%, automated testing for all configuration scenarios, and built-in validation to ensure correct implementation. The tool aims to address "status quo lock" in the HR technology industry, where organisations delay switching providers or making plan changes due to perceived risks and disruption. By automating configuration whilst maintaining human oversight, PlanSource enables faster, more predictable benefits administration changes.

GlobeNewswire
Feb 22nd, 2022
PlanSource Holdings, Inc. launches Partner Marketplace

In addition to carrier partnerships, PlanSource launched its Partner Marketplace with expanded benefit options for employers.

GlobeNewswire
Jan 5th, 2022
PlanSource Holdings, Inc. hires Dave Firestone as Chief Revenue Officer

PlanSource is delighted to announce that Dave Firestone has joined the company as Chief Revenue Officer.

PlanSource
Nov 18th, 2021
PlanSource Holdings, Inc. partnered with Maven Clinic Co on Nov 18th 21'.

PlanSource, a leading provider of cloud-based benefits administration technology, announced today a partnership with Maven Clinic, the largest virtual clinic for women’s and family health.

PlanSource
Nov 10th, 2021
Meruelo Enterprises, Inc. partnered with PlanSource Holdings, Inc. on Jan 1st 12'.

Since 2012, the Meruelo Group has partnered with PlanSource, leveraging the ben admin platform’s full suite of features to save HR time and maximize ROI on their benefits technology investments.

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