Strongpoint Partners

Strongpoint Partners

Retirement plan administration and payroll services

Overview

Strongpoint Partners provides retirement plan administration and payroll services to small and medium-sized businesses. It supports clients by handling employee benefits and payroll processes through a combination of industry expertise and technology, generating revenue from service fees for retirement and payroll management. The company grows its offerings by forming strategic nationwide partnerships, extending its service network to enhance client capabilities. Its product works by delivering tailored administration and payroll services via a robust infrastructure and partner ecosystem, helping businesses manage benefits and payroll efficiently. What sets Strongpoint Partners apart is its founder-friendly term sheets and a proven track record, along with a scalable network and resources designed to meet evolving client needs. The goal is to secure employees’ financial futures from hire through retirement while helping clients grow through reliable, comprehensive financial services.

Significant Headcount Growth

About Strongpoint Partners

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

Industries

Enterprise Software

Financial Services

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2021

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Simplify's Take

What believers are saying

  • PEP expansion with Finway broadens offerings across 43 states.
  • Organic sales hiring supports accelerated growth through 2026 and beyond.
  • Integrated payroll and retirement platform deepens sticky SMB relationships.

What critics are saying

  • Rapid partner integration creates inconsistent service and systems fragmentation.
  • Scaling PEP administration increases compliance exposure across multiple employers.
  • Specialist hiring dependence risks service disruption if talent acquisition stalls.

What makes Strongpoint Partners unique

  • Tech-enabled platform bundles retirement, payroll, HR, and fiduciary services.
  • National partnership spans 42+ states and 25k+ customers.
  • Advisor Growth Lab gives advisors dashboards, proposals, content, and AI support.

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Benefits

Unlimited Paid Time Off

Flexible Work Hours

Remote Work Options

Health Insurance

Dental Insurance

Vision Insurance

Disability Insurance

Wellness Program

Gym Membership

401(k) Retirement Plan

401(k) Company Match

Professional Development Budget

Conference Attendance Budget

Stock Options

Company Equity

Mental Health Support

Phone/Internet Stipend

Home Office Stipend

Paid Vacation

Paid Holidays

Parental Leave

Family Planning Benefits

Fertility Treatment Support

Adoption Assistance

Tuition Reimbursement

Training Programs

Professional Certification Support

Mentorship Program

Employee Discounts

Company Social Events

Relocation Assistance

Advisory/Other Benefits

Growth & Insights and Company News

Headcount

6 month growth

22%

1 year growth

22%

2 year growth

40%
EIN Presswire
Aug 29th, 2025
Strongpoint Acquires Benefit Equity, Inc.

Dream Business Brokers facilitated the sale of Benefit Equity, Inc. (BEI), a Southern California-based retirement plan administration firm, to Strongpoint Partners. BEI is now the 15th firm to join Strongpoint's national network. The transaction was announced by Vinil Ramchandran in Newport Beach, CA, on August 29, 2025.

Cision
Apr 17th, 2025
Strongpoint Partners Announces Partnership With Crp - California Retirement Plans

"CRP's employees are our greatest asset. The national resources now available to us will empower my team to thrive and achieve even greater success." - Brian Smith, President of CRP

Cision
Apr 3rd, 2025
Pete Schroedle Joins Strongpoint Partners As Vice President Of National Sales

"Pete's proven ability to build high-performing teams will be key in driving the success of our national sales initiatives, further cementing Strongpoint as a leader and innovator in the retirement services industry." - Danny Hest, CEO of Strongpoint Partners

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