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Portico Benefit Services

Delivered September 20, 2019. Contributor: Benjamin H.

Goals

To obtain details about Portico Benefit Services, including revenue, growth, challenges, recent successes, and key decision-makers in marketing, sales, and customer experience. This information would be used in preparing for a meeting with the ministry's personnel.

Early Findings

  •  Portico Benefit Services (also known as Portico), is a ministry of the Evangelical Lutheran Church in America (ELCA). It is a non-profit which provides health and retirement benefits and other related services mainly for members of ELCA and other faith-based organizations.
  • As Portico's member needs evolve, in recent years, the ministry has strategically changed the design and delivery of its products and services.
  • This non-profit was formerly known as the ELCA Board of Pensions. Two centuries ago, Lutherans first created a fund to support pastors and their families who are in need.
  • Portico has a vision "to be a recognized leader in inviting its members to lead healthy lives and achieve financial security".
  • Jeff Thiemann is the ministry's president and CEO. Portico has 230 employees who serve over 7,000 organizations and congregations, which partner with the non-profit to provide benefits.
  • Over "50,000 members, rostered and lay leaders (and their families)", make use of ELCA benefits "during their working years and in retirement".
  • According to Manta, Portico generates an estimated annual revenue of $160.77 million.
  • In addition to this public search, we scanned our proprietary research database of over 1 million sources and were unable to find any specific research reports that address your goals.

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