Lone Star PEO, Inc. was established in 2016 as a licensed, Texas based, Professional Employer Organization (PEO). It is an established member of the National Association of Professional Employer Organizations (NAPEO). Lone Star PEO, Inc. is in the process of becoming an ESAC certified company (Employer Services Assurance Corporation) which provides financial assurance for the PEO. It will also apply to become a “certified PEO” in the very near future which promotes industry professionalism and best practices.
Lone Star PEO’s focus is on customer service and long term client relationships. It prides itself on a “getting back to the roots” business style. Their motto, “We are not big business, we are YOUR business” rings true throughout the company.
Todd Newton, founder and CEO of Lone Star PEO, Inc. has been in the financial services industry since 1988. Todd started out servicing the staff and board of directors at the University of Texas MD Anderson with their retirement plans. From there he became a partner in design, production, and operation of financial services software for several retail brokerage organizations including Merrill Lynch, PaineWebber, and ING. Todd was offered a position with ING shortly after their relationship began and specialized in executive benefits, wealth transfer and business succession planning. In 2001 he moved to the PEO industry where he became the Vice President and Chief Operation Officer with Brumley PEO. He enjoyed working there many years until the business was acquired.
Todd is an advocate for the Multiple Sclerosis Society and has enjoyed riding in the Texas MS150 for the last 16 years. He is an Eagle Scout and is active in the local Boy Scouts of America. He also has a passion for mountain biking, classic cars and the SCCA autocross racing circuit. Todd and his wife, Becky Newton (also in the PEO business for over 11 years), have 4 children.
A professional employer organization (PEO) provides comprehensive HR solutions for small businesses. Payroll, benefits, HR, tax administration, and regulatory compliance are some of the many services PEOs provide to small and growing businesses across the country.
A PEO allows small businesses to focus on their core mission and growth while improving productivity and profitability.
Through a PEO, the employees of small businesses gain access to big-business employee benefits such as: 401(k) plans; health, dental, life, and other insurance; dependent care; and other benefits they might not typically receive as employees of a small company.
According to a recent study by noted economists Laurie Bassi and Dan McMurrer, businesses that use PEOs grow 7 to 9 percent faster, have employee turnover that is 23 to 32 percent lower, and are 50 percent less likely to go out of business than companies that do not use PEOs.
Focus your attention on your core business
Tell us about your business and we’ll be in touch promptly.
Tell us about your business and we’ll be in touch promptly.
KEY FACTS ABOUT LONE STAR PEO, INC.
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US Businesses
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Companies in Florida
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Leon County Companies
- Company name
- LONE STAR PEO, INC.
- Status
- Active
- Filed Number
- F18000001454
- FEI Number
- 473726066
- Date of Incorporation
-
March 26, 2018
Age - 8 years
- Home State
- TX
- Company Type
- Foreign for Profit
CONTACTS
- Website
- http://lonestarpeo.com
- Phones
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(210) 496-7827
(210) 496-7828
LONE STAR PEO, INC. NEAR ME
- Principal Address
- 17115 San Pedro,
SAN ANTONIO,
TX,
78232,
US
See Also