Defined by Ministry
As a ministry of the Evangelical Lutheran Church in America (ELCA), Portico Benefit Services provides retirement, health, life, disability, and wellness benefits to enhance the total well-being of those who serve faith-based organizations.
History of Caring
Over 200 years ago, as an act of charity, the Lutheran Church began providing benefits to families of pastors who died while in service to the church. What began as charity evolved into a crucial commitment to the well-being of those who serve in the church, social ministry organizations, and higher education.
Rooted in Service to Others
Portico exists to serve those who strengthen our communities. We continue to build on the legacy of our predecessors, leveraging the latest technology and advancements to help support holistic well-being.
We offer innovative health and wellness programs to help you attract and retain the right talent and provide employees access to an employer-sponsored retirement plan that can enhance financial stability. Our dedicated, knowledgeable team members engage, equip, and support you and your employees from benefits design to onboarding and ongoing plan administration.
The Wholeness Wheel
Wellness is multi-dimensional and unique to each individual, and health or ill-health in one dimension affects well-being in other dimensions.
Churches and ministry organizations are stronger and more resilient when God’s people care for their well-being. We are committed to providing support in the form of whole-person solutions and services that support the financial, emotional, and physical well-being of those whose daily work is to serve.
There’s Strength in Numbers
in assets under management
member prescription drug coalition
As of September 30, 2023
Our values reflect our long history of positive partnerships with faith-based organizations. Woven throughout these values is a shared commitment to honoring diversity and inclusion in all we do.
We act with honesty, sincerity, and accountability.
We strive to understand and anticipate the changing needs of those we serve, take action to innovate and improve services, and surpass expectations.
We honor all individuals and address their diverse needs.
We responsibly manage all resources entrusted to us, including money, time, and well-being.
We work together as a community, to achieve common goals, support each other in our challenges, and celebrate our successes.
Portico Benefit Services is guided by an elected Board of Trustees and a team of executive leaders with deep commitment to serving those who serve.
We know that you have options in where you work. You want to have a positive impact on the world and work with people who recognize the value you bring.
Our Annual Report provides specifics about the financial health of Portico and its Plans and Trusts, and demonstrates our stewardship to the ELCA, plan members, and their beneficiaries.