American Benefit Plan Administrators

American Benefit Plan Administrators, Inc. (ABPA), founded in 1951,^[1] was one of the oldest third-party administrator (TPA) firms in the US, managing funds created under provisions of the Taft-Hartley Act,^[1] pension plans, and voluntary employees' beneficiary associations (VEBAs). The company was based in Spring Valley, Nevada.^[2]

Prior to 2001, ABPA was publicly traded as part of PlanVista Corporation (Nasdaq: PVST). On June 18, 2001 ABPA went private when it was acquired by Sun Capital Partners, a private equity firm, through its affiliate HealthPlan Holdings, Inc.^[3][4]

After its acquisition by Sun Capital, ABPA's growth strategy was based mostly on growth through acquisitions.^[5] In 2003 ABPA acquired Administrative Services, Inc. of Atlanta, Georgia; OBA Midwest of Burr Ridge, Illinois; and Associated Administrators Inc. of Portland, Oregon.^[6]

In 2001, HealthPlan Holdings purchased Zenith Administrators, Inc. and merged it with its American Benefit Plan Administrators division,^[7] forming Zenith American Solutions.^[8]