We are excited to announce that our firm has received the honor of being named to the Inc. 5000 list of fastest-growing companies in America.
We also have the special distinction of receiving this honor and recognition for the 3rd year in a row. That is an accomplishment that only one in five of the Inc. 5000 listed companies has achieved, according to Inc. Media.
An Honor to Be on the List
“We are honored to have achieved this very competitive listing for our third year in a row,” said Scott Wood, Principal and CEO of Benefit Commerce Group. “As we conduct our business of consulting with and providing strategies and benefit plans for employers, we remain passionate about innovation and bringing effective new programs to our clients. We believe this has been key to the success we have brought to our clients and to our own firm.
“We are quite proud of our entire team, their outstanding efforts, our business partners and our amazing clients that continue to be employers of choice with their quality benefit programs,” Wood added.
How Growth Is Measured for Inc. 5000 List
The reason that Inc. 5000 is such a sought-after honor is that it measures a company’s revenue growth over a three-year period. For the 2017 listing, the measurement is for percentage revenue growth from 2013 to 2016. Companies that are listed on the Inc. 5000 far exceed the average growth rate of most companies in America.
In fact, here’s what Inc. Media says about the listing, methodology and those that are honored with this recognition:
The list represents a unique look at the most successful companies within the American economy’s most dynamic segment— its independent small and midsized businesses. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.
The 2017 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 16) is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year average growth of 481%. The Inc. 5000’s aggregate revenue is $206 billion, and the companies on the list collectively generated 619,500 jobs over the past three years. Complete results of the Inc. 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/inc5000.
“The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive,” says Inc. President and Editor-In-Chief Eric Schurenberg. “The founders and CEOs of the Inc. 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them.”
The 2017 Inc. 5000 is ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and generating revenue by March 31, 2013. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2016. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2013 is $100,000; the minimum for 2016 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 http://www.inc.com/inc5000.