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.

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

  • Inc. 5000 recognition and Great Place to Work certification attract top talent.
  • Hiring Retirement Plan Administrators for 65-75 plans boosts capacity amid $44B AUM.
  • Pete Schroedle as VP National Sales drives expansion and high-performing teams.

What critics are saying

  • Talent churn from BEI and CRP integrations erodes service quality in 6-12 months.
  • Fragmented compliance across 350 consultants triggers DOL enforcement in 12-24 months.
  • Client defection to Empower and Fidelity cuts $60-90M revenue in 6-18 months.

What makes Strongpoint Partners unique

  • Strongpoint's ACT program monetizes TPA owners while transitioning clients seamlessly.
  • National network integrates 15 acquired firms like BEI and CRP for local expertise.
  • Tech-enabled platform combines retirement administration, recordkeeping, and payroll services.

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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

Company News

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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