Company background: Amplify PEO.
Amplify PEO was founded in 2017 and is privately held and independent. Its legal entity is Amplify HR Management, LLC, and it markets as Amplify PEO and Amplify HR. The company reports 51 to 200 employees of its own on its Inc. 5000 profile and is a repeat Inc. 5000 honoree, which is a reasonable signal of sustained growth for a firm less than a decade old. It does not publish a worksite employee count.
The service model is the pitch: a named contact team for small employers, aimed squarely at a Chicago or Midwest company of 15 to 75 people moving off in-house HR for the first time. On benefits, Amplify uses a multi-carrier medical structure rather than a single master plan, which can give a small group more plan choice than a one-carrier PEO offers, and which also makes it important to check which carriers are available in your own states.
The credentials are what make a 2017 boutique unusual. Amplify HR Management, LLC is on the IRS Certified PEO list effective January 1, 2025, so federal employment tax liability shifts to the PEO and the wage base carries over mid-year. It is also ESAC accredited, which adds independent financial audit and a surety behind its obligations. Fewer than seven percent of PEOs hold both, and most boutiques skip the combination because of the cost and audit burden.
- Founded
- 2017
- Ownership
- Private (independent), legal entity Amplify HR Management, LLC; markets as Amplify PEO / Amplify HR
- CPEO
- Yes, IRS certified
- ESAC
- Yes, accredited
- Sweet spot
- 10-150 employees (sweet spot: 15-75)