President and founder, employee-benefits third-party administrator · Diversified Benefit Services, Inc. · Hartland, Wisconsin
Timothy G. Pederson
Timothy G. Pederson, president and founder (1987) of Hartland-based Diversified Benefit Services (DBS), a benefits TPA. Not Thrivent's Timothy M. Pederson (Verona) or other Tim Pedersons.
Net worth
$5 million+
September 17, 2026
About
Timothy G.
Pederson founded Diversified Benefit Services in February 1987 and remains president of the Hartland third-party administrator. DBS designs and administers account-based employee benefit programs—FSAs, HRAs, HSAs, ICHRAs, COBRA, and related compliance—and markets its proprietary Advanced Strategic Administration Program (A.S.A.P.®) software, which the firm says it owns and federally registered.
Pederson's published bio emphasizes benefits communication, plan design, and legislative advocacy for tax-preferred account-based programs. He is a member of the Employers Council on Flexible Compensation in Washington, D.C., has served on ECFC's national Legislative Committee and CMS subcommittee, and holds the Advanced Certification in Flexible Compensation. He previously served on Wisconsin's Joint Survey Committee on Retirement Systems and taught flexible-compensation coursework for the International Foundation of Employee Benefit Plans in Brookfield.
He graduated magna cum laude from UW–Platteville with a B.S. in Criminal Justice. DBS keeps its corporate office in Hartland, locking the benefits-TPA founder to the Lake Country address base that defines this city page.
Companies and affiliations
- Diversified Benefit Services, Inc.
Notable facts
DBS leadership page: Diversified Benefit Services established February 1987 by Timothy G. Pederson, who is also President; developed proprietary A.S.A.P.® administration software owned and federally registered by DBS.
Same page: UW–Platteville B.S. Criminal Justice magna cum laude; ECFC member/Legislative Committee; ACFC designation; past Wisconsin Joint Survey Committee on Retirement Systems; IFEBP flexible-compensation instructor.
DBS site contact lists the corporate office in Hartland, WI.
What questions can this profile answer
- What makes Timothy G. Pederson notable?
- Timothy G. Pederson founded Diversified Benefit Services in February 1987 and remains president of the Hartland third-party administrator. DBS designs and administers account-based employee benefit programs—FSAs, HRAs, HSAs, ICHRAs, COBRA, and related compliance—and markets its proprietary Advanced Strategic…
- What is Timothy G. Pederson's estimated net worth?
- Timothy G. Pederson's estimated net worth is $5 million+ as of 2026-09-17.