Fringe Benefit Services, also known as FBS, offers a range of administrative and claims processing services for pension, employee benefits, apprenticeship, industry promotion, and medical and dental health coverage plans. The company was incorporated in 1972 and serves public and corporate clients throughout Colorado. It processes more than $80 million in annual benefits for over 40,000 employees. Fringe Benefit Services maintains electronic data and utilizes automated processes. The company offers custom reporting and contribution accounting services. Fringe Benefit Services wholly owned subsidiary, Professional Benefit Services, was incorporated in 1999. Professional Benefit Services, also known as PBS, has a full-service office in Phoenix.