Solstice Makes Top 16% of Inc. 500|5000 Magazine’s Annual List of America’s Fastest-Growing Private Companies
August 30, 2012
Solstice Benefits, Inc. proudly announces its ranking in Inc. magazine’s sixth annual Inc. 500|5000, an exclusive recognition of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Solstice joins Yelp, yogurt maker Chobani, Giftcards.com, Facebook, KIND and famed hat maker Tilly’s, among other prominent brands featured on this year’s list.
“Solstice is honored to be recognized as one of the United States’ fastest growing companies,” said Chief Operating Officer, Carlos Ferrera. “Our company has grown exponentially in a few short years—from a staff of merely 14, to one just shy of 100—and we don’t plan on stopping there. We offer rich products with competitive prices in a staggering economy. Recognition within this national arena, a 421 percent three-year growth rate, and ranking No.15 in the insurance industry is a notable accomplishment for a company that has been operating for just a little over a decade. We are confident that Solstice will be in high demand in the market for years to come.”
In a stagnant economic environment, the median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year’s list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
Complete results of the Inc. 500|5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000. Solstice’s INC profile can be found at http://www.inc.com/inc5000/profile/solstice-benefits.
"Now, more than ever, we depend on Inc. 500|5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. Editor Eric Schurenberg.
About Solstice Benefits
Solstice Benefits, Inc. is a privately held Florida corporation based in Plantation, FL, that holds a Life and Health Insurer Certificate of Authority, authorizing it to write in the Accident and Health, Prepaid Limited Health Service Organization and Discount Medical Plan Organization lines of business. Solstice administers and markets a wide range of ancillary benefit plans, including dental, vision, pharmaceutical, life, and short- and long-term disability. Through its various products, Solstice provides benefits and services to over 500,000 members and maintains a network of over 9,500 participating dentists.
The company is a customer service oriented one that values exceptional service, integrity, and value-added benefits. Solstice was awarded the prestigious titles of “Florida’s Best Companies 2011” by Florida Trend and a National Gold-Level Fit-Friendly Organization by the American Heart Association.
Solstice has approximately 85 employees that form its multi-lingual staff. The company’s business partners and management have over 100 years of combined experience in providing ancillary benefits. Its well-rounded plans, expansive network, and service-oriented mentality keep it in the forefront of the industry. For information on Solstice, please contact 1.877.760.2247 or visit www.SolsticeBenefits.com.
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at <a href="http://www.inc.com/500" rel="nofollow">www.inc.com/500.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.
About the Inc. 500|5000 Conference
Solstice will be recognized October 3–5, 2011, at the JW Marriott Desert Ridge Resort & Spa in Phoenix, Arizona at the Inc. 500|5000 Conference & Awards Ceremony. Each year, Inc. and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars—the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. community, both a new class of Inc. 500|5000 honorees and the list’s alumni, for three days of powerful networking, inspired learning, and momentous celebration.
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