Press Room

BeneTrac Announces New Headquarters to Accommodate Growth, Increased Online Benefits Management Adoption

San Diego, CA, April 15, 2010 -- BeneTrac, a Paychex company and provider of powerful, web-based electronic enrollment and employee benefits administration software, today announced that it has moved to new offices on 2385 Northside Drive in San Diego's Mission City Corporate Center, a move officials say is to accommodate growth. The company--which allows HR professionals to gain increased efficiency in managing benefits online--announced a 44 percent increase in system usage, a 35 percent peak increase in visitors, and a 30 percent increase in transactions to outbound carriers in 2009 over 2008.

BeneTrac's new office space is over 16,000 square feet, with plenty of room to accommodate the 85-plus employees that currently work from that site, as well as 12 others throughout the U.S., many of whom frequent the headquarters. The space is being leased from McGuire Properties.

"At BeneTrac, we are focused on developing quality technology and providing a high level of customer support. Our main priority is to help brokers and HR professionals facilitate the otherwise time-consuming and tedious tasks of managing increasingly more complex benefits programs," said Art Brooks, vice president of sales for BeneTrac. "As the benefits management landscape continues to evolve and only grow more complex, we take pride in the fact that we are helping users to make better, more informed decisions. We are excited about our new, centrally located office space that offers plenty of room for growth."

A pioneer in online benefits management, BeneTrac started in 1999 with six employees and a small office in La Jolla, California. The company quickly outgrew that space, as it did six subsequent locations in San Diego. It was most recently headquartered in Old Town for the past five years. BeneTrac was acquired in September of 2007 by Paychex, Inc., a recognized leader in the payroll and human resource services industry. Today BeneTrac is used to manage the benefits of over a million members in more than 1,000 organizations (organizations range in size from 50 to 12,500 employees each) throughout the U.S. It has relationships with several thousand brokers and over 450 carriers and providers with which it electronically transmits information.

About BeneTrac
BeneTrac, a Paychex company, is a provider of powerful, web-based electronic enrollment and employee benefits administration software. The company's online benefit management technology enables employers and human resources professionals to eliminate paperwork and automate management of their complete benefits packages through a single, customized portal. BeneTrac's one-stop-shop platform for automatically adding, updating and managing information, and exchanging data with providers, capitalizes on relationships with more than 400 carriers. The technology offers a robust, affordable, user-friendly system that simplifies benefits administration.

For more information, please visit www.benetrac.com.