FrankCrum Shines Again: Top Tampa Bay Private Company with $3.31B Revenue!

Clearwater, Florida, USA - In an impressive display of business prowess, the FrankCrum enterprise has made notable strides in the Tampa Bay area. Recently, it was highlighted as one of the largest private companies in the region by the Tampa Bay Business Journal. FrankCrum secured the 4th position, while its affiliated companies, Frank Winston Crum Insurance and FrankCrum Staffing, were ranked 73rd and 232nd, respectively, among 428 entrants in the list. With such impressive ranks, it’s clear that FrankCrum is doing a heck of a lot right.

Founded in 1981 and headquartered in Clearwater, Florida, FrankCrum has made quite a mark in offering HR, payroll, benefits, workers‘ compensation, and compliance support across the nation. In 2024 alone, the company reported a whopping $3.31 billion in revenue, employing 321 people. Meanwhile, Frank Winston Crum Insurance, established in 2003, reported revenues of $105.31 million with a team of 154 dedicated staff. FrankCrum Staffing, also originating in 1981, has a smaller operation, posting $15.73 million in revenue and employing 15 individuals. This range of services certainly puts FrankCrum on a strong footing in today’s competitive market.

Focus on Employee Care

At the heart of FrankCrum’s success is an unwavering commitment to employee care, a point emphasized by CEO Frank Crum, Jr. He believes that taking care of employees is a fundamental element to achieving lasting business success. Co-President Matt Crum shared similar sentiments, noting that local recognition from the Tampa Bay Business Journal encourages the team for future growth. This focus on people makes FrankCrum not just a business but a community.

Additionally, FrankCrum has also been recognized as a Top Workplace by The Tampa Bay Times for the 15th consecutive year. This recognition is a testament to the company’s dedication to creating a positive work environment. The Times conducts annual surveys assessing leadership, workplace flexibility, values, and engagement, reflecting the commitment to supporting employees and fostering growth.

Employees at FrankCrum enjoy a balanced work environment, complete with comprehensive benefits and a leadership team that prioritizes their well-being. Recently, they celebrated their latest award with a festive barbecue lunch and received commemorative pins as a token of appreciation. Such gestures show that FrankCrum isn’t just about business profits, but about building a supportive culture where everyone can thrive.

Commitment to the Community

Beyond financial success, the Crum family is deeply embedded in the local community. As highlighted by Co-President Haley Crum, the team is wholeheartedly committed to supporting local businesses. This dedication is part of their mission to be a trusted partner in areas like HR, payroll, insurance, employee benefits, and staffing. With such goals, the FrankCrum enterprise not only enhances the lives of its employees but also contributes positively to the broader community.

While the competition in the insurance and staffing sectors remains fierce, estimates show substantial annual revenue for FrankCrum, potentially between $100 million and $500 million, as noted by IncFact. This information indicates a vibrant company that is likely growing steadily in both market strength and employee satisfaction.

Through strategic leadership, community involvement, and a people-first culture, the FrankCrum enterprise is set to continue its upward trajectory. In an era where businesses are often scrutinized for their treatment of employees, FrankCrum offers a refreshing example of how prioritizing people can lead to accomplishments in the marketplace.