Tom Shaevsky – BeneSys Inc.

BeneSys GC applies legal expertise and counsel for everyone’s benefit

For almost 45 years, the company has provided third-party administrative and software services for trust funds, especially those created under the Taft-Hartley Act to provide health insurance and retirement and other benefits to union labor.

While it may be a niche business, BeneSys serves over 250 clients representing more than 500 trust funds and has offices in 30 locations besides its headquarters.

Read the article at Vanguard.

People on the Move: Megan Sherman

BeneSys is pleased to announce that Megan Sherman has joined the Plan Management team as a Plan Manager in our Chicago, IL office. Megan is a graduate of the University of Illinois and is a Certified Plan Fiduciary Advisor. Megan is a nominee for the National Association of Plan Advisors Top Woman Advisor for 2023. Throughout her nearly 20-year career, she has helped thousands of Union members through their retirement process.

Read the article at Crain’s Chicago Business

People on the Move: Ed Young

Ed Young

BeneSys, Inc. is pleased to announce Ed Young has joined us as Chief Financial Officer in our Troy, MI headquarters. Ed brings 35 years of experience in finance, digital transformation, operational excellence and strategic planning and execution to the position along with over 20 years in senior leadership roles. Ed is a CPA, Lean Six Sigma Black Belt, and has an MBA from Loyola University Chicago.

Read the article at Crain’s Detroit Business

BeneSys Announces BenefitDriven Administration Platform Relaunch

BeneSys is pleased to announce the relaunch of our benefit administration software solution, BenefitDriven, directly to the Taft-Hartley community. BeneSys entered the software industry in 1979 and continues to maintain our software systems in-house to this day. Our BenefitDriven solution will be available to both self-administered groups and third-party administrators.

“BenefitDriven is an unstoppable solution for funds that are looking for a highly automated, accurate and efficient software solution,” says SaaS Sales Director Kristin Geesey. “The acquisition of Beacon SpyGlass in 2021 has uniquely positioned BenefitDriven to be a first-class, end-to-end platform across the multiemployer benefits ecosystem.”

Serving over 220 Taft-Hartley funds across the nation, the cloud-based BenefitDriven solution drives accuracy, reduces training time and administration costs, and provides a comprehensive, fully integrated platform encompassing everything from contributions to claims. BenefitDriven’s suite of services includes:

  • Contributions, collections, and reciprocity
  • Eligibility
  • Claims processing using Beacon SpyGlass
  • Health reimbursement accounts
  • Pension defined benefit
  • Pension defined contribution
  • Supplemental unemployment
  • Vacation fund processing
  • Auxiliary fund processing
  • Self-service participant, trustee, and employer portals

BenefitDriven is backed by our experienced team of industry professionals who are committed to providing the highest level of service, along with the best technology available, to make our clients’ work more accurate and efficient. Our current administrative services clients will not be affected by this relaunch.

For more information about the suite of BenefitDriven technology, contact Kristin Geesey at kristin.geesey@benesys.com. For more information about the full suite of our administrative services, contact Tom Lally at thomas.lally@benesys.com.

People on the Move: Laura Rudibaugh

Laura Rudibaugh

BeneSys is pleased to announce that Laura Rudibaugh has joined the Plan Management team as a Plan Manager in our Youngstown, OH office location. Laura is a graduate of Robert Morris University and her career includes over 26 years of experience with Taft-Hartley Benefit Plans ensuring quality service to build long-term relationships with Boards of Trustees and Fund Professionals throughout the country.

Read the article at Crain’s Cleveland Business

People on the Move: Kristin Geesey

Kristin Geesey

Industry: Software/services

BeneSys is pleased to announce that Kristin Geesey has joined us as SaaS Sales Director. Kristin’s career consists of 10 years of experience working with business owners, CEOs, CFOs, and Boards of Trustees. She has experience in consulting with clients on safety, trainings, OSHA standards, DOL requirements, benefit plan options, ancillary benefits, and retirement plan options. BeneSys is excited for Kristin to assume her new role and expand the ways we serve software clients.

Read the article at Crain’s Detroit Business

People on the Move: Tom Shaevsky

Tom Shaevsky

Industry: Software/services

BeneSys, Inc. is pleased to announce that Tom Shaevsky has joined us as General Counsel based in our Troy, MI headquarters. Tom was graduated from the University of Michigan (J.D. 1992, B.A. 1989) and has 30 years of law practice with the last 20 years focused on ERISA/employee benefits law. His extensive experience includes counseling on compliance, prohibited transactions, reporting and disclosure, merger and acquisition due diligence, QDROs, as well as COBRA, HIPAA, and other benefit issues.

Read the article at Crain’s Detroit Business

People on the Move: Regan Dahle

Regan Dahle

Industry: Software/services

BeneSys, Inc. is pleased to announce that Regan Dahle has joined us as Vice President & Associate General Counsel, Human Resources based in our Troy, MI headquarters. Regan brings 27 years of labor and employment law experience to the position, including serving as BeneSys’ outside employment counsel for over 20 years. BeneSys is excited for Regan to assume her new role and continue to improve our human resources operations.

Read the article at Crain’s Detroit Business

People on the Move: Andy Orr

Andy Orr

Industry: Financial services

BeneSys, Inc. is pleased to announce that Andy Orr has been promoted to Chief Financial Officer based in our Troy, MI headquarters. Andy originally joined BeneSys as Senior Vice President of Finance and he brings 30 years of finance, strategic planning and operational experience to the position, including over 10 years in senior leadership roles. BeneSys is excited for Andy to assume his new role and continue to grow and improve our internal operations.

Read the article at Crain’s Detroit Business

BeneSys Acquires Beacon Technologies Group

BeneSys Inc., a leading third-party administrator of benefit plans for Taft-Hartley multiemployer trust funds, has acquired Beacon Technologies Group Inc. The integration of Beacon’s SpyGlass health claims processing software with BeneSys’ BenefitDriven administrative software will streamline internal operations for BeneSys and result in an even better client experience.

“Owning proprietary software is key to ensuring quality and highly secure delivery,” said BeneSys CEO Edward S. Wolyniec. “Prior to this, BeneSys has been able to operate in-house in every area except health claims processing. Now, with the addition of Beacon, we have complete control of our destiny from a technology standpoint.”

Beacon will remain an independent entity under the BeneSys umbrella of companies and continue operating out of Carmel, Indiana. The change in ownership will not affect Beacon’s operations, organizational structure, or level of service to its current clients.

“BeneSys brings a wealth of resources and subject matter expertise, which will help us serve our customers even better,” said Beacon CEO Ernie Crawford. “BeneSys understands our marketplace and our customers’ needs.”

Wolyniec said he looks forward to working with Beacon’s long-tenured, experienced team. “It’s critical that the people who built SpyGlass will be with us now and into the future to maintain the software,” he said. “Beacon provides software for some of the most complex plans out there, making them the perfect fit to augment our systems. This acquisition is an investment in enhancing our core competencies and improving our client service. This will be of great benefit to all existing BeneSys Health fund clients.”

Beacon Technologies Group has been building solutions for health claims management since 1995. Its fully integrated claims processing software is industry-leading and trusted by third-party administrators. Learn more at beaconspyglass.com.

BeneSys has been providing Taft-Hartley trust fund administration and IT services since 1979. The company’s dedicated specialists understand the nuances of Taft-Hartley benefit plans, and its software system, BenefitDriven, is designed to give clients and their plan participants the most efficient tools for self-administering trust fund accounts. BeneSys serves numerous trust funds throughout the country covering more than 500,000 plan participants and their dependents. Learn more at benesys.com.