Company background: Spirit HR.
Spirit HR was founded in Oklahoma City in 2015; the legal entity is Spirit Human Resources, LLC, and the firm is privately held and founder-led. Its leadership carries HR outsourcing experience that traces to a predecessor Oklahoma PEO founded in 1992, so the company is young but the people running it are not new to the business.
The credential that does the most work here is ESAC. Spirit HR was accredited in December 2016, in its first year of operation, and has carried it since. ESAC is the industry's financial-assurance program: an accredited PEO is independently verified on financial condition and operating standards and backed by a surety bond. For a privately held firm that publishes little financial detail, third-party assurance of that kind is the thing we would otherwise have to diligence by hand.
Spirit HR is not on the IRS CPEO list. CPEO certification is what moves sole liability for federal employment taxes to the PEO and avoids a wage-base restart when a client transfers mid-year. Beyond the two credentials, the firm discloses little: staff count, worksite employee count and state footprint are not published, and its benefits menu is described by coverage type rather than by carrier or plan design.
- Founded
- 2015
- Ownership
- Private (founder-led; legal entity Spirit Human Resources, LLC)
- CPEO
- No
- ESAC
- Yes, accredited
- Sweet spot
- 10 to 150+ employees (the site segments 10 to 50, 50 to 150 and 150+; sweet spot 10 to 150)