TRI-AD AND NAVIA BENEFIT SOLUTIONS ANNOUNCE NEW PARTNERSHIP
Escondido, CA — November 28, 2022 — TRI-AD Actuaries LLC (TRI-AD), a trusted provider of health and wealth benefits administration solutions for nearly 50 years, announces its partnership and merger with Navia Benefit Solutions, a nationwide consumer-directed benefits provider of health, life, and compliance solutions.
The partnership will leverage TRI-AD’s expertise in the Retirement and Ben Admin markets, alongside Navia’s reputation for innovative benefit solutions and quality customer service, allowing for a best-in-class health and wealth experience for our combined client base.
“Thad and I spent the bulk of our careers working for and leading businesses that our fathers started. Carrying those legacies forward through high-touch service, accountability, and long-term relationships with our associates and customers was critical,” said Hilarie Aitken, CEO of Navia. “Our cultures, goals and vision for the future couldn’t be more perfectly aligned. We welcome the TRI-AD team to our family and we are proud to be a new member of theirs.”
As a subsidiary of Navia Benefit Solutions, TRI-AD employees will become members of the Navia family through the partnership and will continue to serve TRI-AD clients without disruption or interruption. Thad Hamilton, TRI-AD’s President, and CEO will continue with the combined organization during the transition. “Our companies are culturally compatible and have grown from similar foundations. Hilarie and I have known each other for a long time and have a tremendous amount of mutual trust and respect. We share similar visions for the future, and we are incredibly excited to bring our teams together. This partnership is a great fit for both organizations and for the market in general. We believe we have a truly innovative solution for mid-market customers seeking high-touch, cutting-edge health and wealth benefits solutions,” said Thad.
ABOUT TRI-AD
TRI-AD is a long-time provider of health and wealth benefit administration solutions to all market segments. Health services include Eligibility and Enrollment (Ben Admin), Consumer Directed Health Plans (FSA, HSA, HRA, Commuter), Custom Reimbursement plans (Lifestyle, Tuition, etc.), COBRA and Direct Bill. Wealth services include 401(k), 403(b), PSP, DBP, Investment Advisory Services, SnapIRA and other custom solutions. TRI-AD was founded in 1974 as a retirement plan consulting and administration firm and has grown into a nationally recognized high-touch, health and wealth administration service provider. TRI-AD’s hallmark has been the development of long-term and mutually beneficial relationships with our clients and a superior service experience for their plan participants. www.tri-ad.com.
ABOUT NAVIA BENEFIT SOLUTIONS
Navia is a national, consumer-directed benefits provider serving 4,000+ employers across all 50 states. The company provides comprehensive health, life, and compliance solutions to employers and consumers, and offers industry-leading customer service, communications, and technology. Founded in 1989, Navia began as Flex-Plan Services, and over the years has grown into one of the nation’s premier benefit providers. Navia offers FSA, HSA, HRA, Commuter, Wellness, and COBRA administration. www.naviabenefits.com.