Professional Benefit Services (PBS, Inc.) has been acting as a third party administrator for Section 125 Cafeteria Plans, HRA and various retirement plans since 1989. In 2007 we added COBRA administration and in 2015 we added Self-Insured Medical to our services. The company is privately owned by one family with about 30 employees. We have clients who have been with us since our family purchased the business in 1989 and we have been averaging approximately a 15% increase in growth since 1997. We currently provide administrative services to over 2500 individual plans with administration performed in our Salem, Oregon office.