We've crossed a milestone: 10,000 active employers in the Bnchmrk dataset. Here's what that means for benchmarking accuracy and why it matters.
Why 10,000 Matters
Scale improves benchmarking in concrete ways:
More granular peer groups: With 10,000 employers, you can filter by industry AND state AND size and still have meaningful sample sizes. A Texas manufacturer with 200 employees can benchmark against actual peers, not a watered-down national average.
Better statistical confidence: Larger samples mean tighter confidence intervals. When we say "the median deductible is $2,000," you can trust that number reflects the actual market.
Richer trend data: We can now track year-over-year changes with enough volume to spot meaningful patterns, not just noise.
How We Got Here
The path to 10,000 employers wasn't about acquiring data at any cost:
Verified documents: Every employer in our dataset traces back to an actual plan document—SPD, SBC, or benefit guide. Not surveys. Not estimates.
Validation discipline: Our compliance engine flags inconsistencies before data enters the dataset. We've rejected data that didn't meet our standards.
Continuous updates: Data flows in throughout the year, not once annually. The 10,000 figure represents active, current employers—not a cumulative count of everything we've ever seen.
What's in the Dataset
Across 10,000 employers:
- All 50 states + DC represented
- 65+ industries with meaningful sample sizes
- All company sizes from under 50 to 10,000+ employees
Plan types include medical, dental, vision, life, disability, and stop-loss.
The Accuracy Advantage
More data enables more accurate benchmarking:
- Before (smaller dataset):
- Broad peer groups required for statistical validity
- Limited granularity on niche industries or regions
- Trend data noisy at the segment level
- Now (10,000 employers):
- Precise peer group matching possible
- Deep coverage in specialized segments
- Clear trend signals at granular levels
What Doesn't Change
Scale doesn't change our methodology:
- Still verified source documents
- Still rigorous validation
- Still continuous updates
- Still independent and unbiased
The foundation that got us here is the same foundation we'll continue building on.
10,000 employers is a milestone worth celebrating—but we're not done. The goal is to make Bnchmrk the most comprehensive, accurate, and useful benchmarking resource for benefits professionals everywhere.
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