TRINET GROUP INC
TriNet Group, Inc. is a Delaware corporation and a US Securities and Exchange Commission reporting company whose common stock trades on the New York Stock Exchange under the symbol TNET. It files under Commission File Number 001-36373, SEC CIK 0000937098 and IRS Employer Identification Number 95-3359658. Its principal executive offices are at One Park Place, Suite 600, Dublin, California 94568 — Dublin in Alameda County, California, not Dublin, Ireland. Its most recent annual report on Form 10-K, for the year ended 31 December 2025, was filed on 12 February 2026.
The 2025 Form 10-K states that the company was incorporated in 1988 as TriNet Employer Group, Inc., a California corporation, reincorporated as TriNet Merger Corporation, a Delaware corporation, in 2000, and changed its name to TriNet Group, Inc. in that year. The California record carried against this profile (number C1628576, dated 5 December 1988) is therefore consistent with the original California incorporation rather than with the current Delaware charter. The California Secretary of State bizfile Online service returned an automated security block to this research on 30 September 2026, so that state record was not read directly and nothing here rests on it. The legal form recorded against this profile as “Public Limited Company” is a United Kingdom and Commonwealth form and does not describe TriNet Group, Inc., which is a Delaware corporation.
TriNet sells human resources services to small and medium-size businesses and operates in one reportable segment. Its core business is professional employer organisation (PEO) services, delivered through a co-employment model that bundles HR consulting, TriNet-sponsored health and other employee benefits, payroll and payroll tax administration, workers’ compensation and employment practices liability cover, and compliance support. It also sells administrative services organisation (ASO) services, including its HR Plus product, which provide payroll processing, benefits administration, HR administration and compliance management without co-employment and without access to TriNet-sponsored health plans. Its targeted industry verticals are technology, financial services, life sciences, nonprofit, professional services and main street businesses. The 10-K states that the company is licensed as a PEO in every state that requires such a licence and holds insurance producer licences in all 50 states and selected US territories for its ASO services and its OMS product family.
Two different headcount measures are reported for 2025 and should not be combined. As at 31 December 2025 TriNet Group, Inc. had approximately 3,400 colleagues globally — “colleagues” being the term the 10-K uses for the company’s own internal employees. Separately, it supported approximately 323,200 worksite employees (WSEs), who are employed by client companies under co-employment arrangements and are not TriNet’s internal staff, along with approximately 39,700 ASO Users and approximately 18,600 legacy HRIS Users. Average WSEs for 2025 were 333,886 and total WSEs at 31 December 2025 were 323,206, down 5% and 10% respectively on 2024.
Consolidated total revenues for the year ended 31 December 2025 were $5,010 million, made up of professional service revenues of $719 million, insurance service revenues of $4,224 million and interest income of $67 million. That is a net revenue figure and not gross billings: the 10-K states that professional service revenues are reported net of the gross payroll and payroll tax amounts funded by clients, because TriNet is the agent in that arrangement for revenue-recognition purposes. The gross volume is disclosed separately — the company processed $70 billion of payroll and payroll taxes for clients during 2025. Consolidated insurance costs were $3,835 million, income before tax was $217 million and net income was $155 million, giving diluted earnings per share of $3.20. Less than 1% of revenue was generated outside the United States, and the primary on-site centres are in Hyderabad, India; Atlanta, Georgia; and Dublin, California. During 2025 TriNet completed the sale of its TriNet Clarus R+D business, opened the Atlanta corporate centre, expanded the ASO offering with HR Plus, and announced TriNet Assistant, an AI-based HR support suite it expects to launch in 2026. A quarterly dividend of $0.29 per share was declared on 11 September 2026, payable on 26 October 2026.
Registration details
Officers
30
Directors and officers of TriNet Group, Inc.
TriNet Group, Inc. is a Delaware corporation, and Delaware does not publish directors or officers. The reliable public record is its SEC filings. Eighteen distinct individuals can be verified as holding office at the company in 2026: twelve directors and six executive officers other than the chief executive, who is also a director. That count matches the “all current executive officers and directors as a group (18 persons)” line in the proxy statement filed on 15 April 2026.
The Form 10-K for the year ended 31 December 2025, signed on 12 February 2026, was executed by Michael Q. Simonds as Chief Executive Officer and principal executive officer and by Mala Murthy as Chief Financial Officer, principal financial officer and principal accounting officer, and was signed as directors by Michael J. Angelakis, Paul Chamberlain, Ralph Clark, Maria Contreras-Sweet, Brian Evanko, David C. Hodgson, Janet Kennedy, Jacqueline Kosecoff, Wayne B. Lowell, Madhu Ranganathan and Myrna Soto. The proxy statement lists the executive officers as at 15 April 2026 as Michael Q. Simonds (Chief Executive Officer and director), Jeffery Hayward (Executive Vice President, Chief Services and Technology Officer, in that role since March 2026, with the company since June 2022), Sidney Majalya (Senior Vice President, Chief Legal Officer and Secretary since September 2024, with the company since April 2024), Mala Murthy (Executive Vice President and Chief Financial Officer since November 2025), Timothy N. Nimmer (Senior Vice President, Insurance Services and Operations, since June 2024), Anthony Shea Treadway (Senior Vice President, Chief Revenue Officer, since July 2024) and Jay Venkat (Executive Vice President, Strategy, Products and Transformation, in that role since September 2024, with the company since June 2022). The board is classified; at the annual meeting held on 27 May 2026 stockholders elected Michael J. Angelakis, David C. Hodgson, Jacqueline Kosecoff and Michael Q. Simonds as Class III directors to serve until the 2029 annual meeting, as certified in the Item 5.07 report of that meeting.
Recent officer changes
- Mala Murthy was appointed Chief Financial Officer and Executive Vice President by the board on 23 October 2025, effective 28 November 2025 (Form 8-K filed 29 October 2025).
- Kelly Tuminelli stepped down as Chief Financial Officer and Executive Vice President on 28 November 2025 after more than five years in the role, and separated from the company on 16 March 2026 (Form 8-K filed 29 October 2025; proxy statement filed 15 April 2026).
- Janet Kennedy (Class I) and Madhu Ranganathan (Class II) were appointed to the board on 30 September 2025 to fill two vacancies, each determined independent under NYSE listing standards (Form 8-K filed 30 September 2025).
Data availability
Current only, and drawn from securities filings rather than a company register: Delaware publishes no officer or director information, and the SEC filings disclose neither nationality nor country of residence, so nationality is “Not disclosed” for every person named and has not been inferred from a name or an address. The thirty officer rows otherwise held against this record do not support the names above and are not used here: every row is flagged active with no appointment or resignation date; several people appear more than once under name variants, including three separate rows for Kelly Tuminelli as a serving Chief Financial Officer although she left that role on 28 November 2025 and the company on 16 March 2026, two rows for Jeffery Hayward and two each for Martin Babinec, Burton Goldfield, Wendy Talley and a “Michael/Mike Murphy”; long-departed people including the founder and the former chief executive are shown as current; several rows carry the title “General Partner” or “President” with addresses in Newport (Vermont), Holyoke (Massachusetts), Pittsburgh, San Diego, Los Angeles, Ketchum (Idaho) and Seminole (Florida) and correspond to no one named in any TriNet SEC filing; and job titles are unnormalised (“Executive Vp & Cfo”). Only six of the thirty rows match a person holding executive office at TriNet Group, Inc. in 2026, no director appears among them, and one current executive officer, Timothy N. Nimmer, is missing entirely. Several rows also carry partial dates of birth, which are not published here.
Sources
- U.S. Securities and Exchange Commission, EDGAR — TriNet Group, Inc., Annual Report on Form 10-K for the year ended 31 December 2025 (signature page), filed 12 February 2026 — https://www.sec.gov/Archives/edgar/data/937098/000093709826000010/tnet-20251231.htm — retrieved 30 September 2026.
- U.S. Securities and Exchange Commission, EDGAR — TriNet Group, Inc., Definitive Proxy Statement (DEF 14A), filed 15 April 2026 — https://www.sec.gov/Archives/edgar/data/937098/000093709826000018/tnet-20260413.htm — retrieved 30 September 2026.
- U.S. Securities and Exchange Commission, EDGAR — TriNet Group, Inc., Form 8-K (Item 5.07, results of the 2026 annual meeting), filed 27 May 2026 — https://www.sec.gov/Archives/edgar/data/937098/000093709826000038/tnet-20260527.htm — retrieved 30 September 2026.
- U.S. Securities and Exchange Commission, EDGAR — TriNet Group, Inc., Form 8-K (Item 5.02, chief financial officer transition), filed 29 October 2025 — https://www.sec.gov/Archives/edgar/data/937098/000093709825000184/tnet-20251023.htm — retrieved 30 September 2026.
- U.S. Securities and Exchange Commission, EDGAR — TriNet Group, Inc., Form 8-K (board appointments), filed 30 September 2025 — https://www.sec.gov/Archives/edgar/data/937098/000093709825000166/tnet-20250930.htm — retrieved 30 September 2026.
Data-provider feed — rows as supplied to Zavia for California Secretary of State — bizfile Online, including entries the profile above does not cover. These rows are not a verbatim copy of the register: they have been found to duplicate the same person under different spellings and to keep a status of Active after an appointment ended. Where they disagree with the profile above, the profile is the checked version.
Group Structure
Group structure of TriNet Group, Inc.
TriNet Group, Inc. is the top entity of its own group: it is the SEC registrant and the NYSE-listed issuer, and neither its Form 10-K nor Exhibit 21.1 discloses any parent company above it. Exhibit 21.1 to the Form 10-K for the year ended 31 December 2025, filed on 12 February 2026, lists 29 subsidiaries. It does not state ownership percentages or distinguish direct from indirect holdings, so the ownership percentage is not disclosed for any of them and no subsidiary is described here as directly or indirectly held.
The great majority of the listed subsidiaries are Delaware entities, including App7, Inc., InsureYourPeople, LLC, ManageYourPeople, LLC, PayYourPeople, LLC, TriNet Commercial Services, Inc., TriNet Enrich Administration, Inc., TriNet HR II, Inc., TriNet HR II Holdings, Inc., TriNet HR III-A, Inc., TriNet HR III-B, Inc., TriNet HR X, Inc., TriNet HR XI, Inc., TriNet Insurance Brokerage, Inc., TriNet MSB, Inc., TriNet Professional Employer Services, Inc., TriNet SMB Services, Inc., TriNet USA, Inc., YourPeople, Inc. and TriNet Trust. The remaining jurisdictions are New York (Ambrose Advisory Services, LLC; TriNet HR IV, LLC), California (TriNet HR III, Inc.), Oklahoma (TriNet HR I, Inc.), Florida (TriNet HR II-A, Inc.), Bermuda (Archimedes Risk Solutions, Ltd.), Ontario (TriNet Employer Group Canada, Inc.), British Columbia (Zenefits Development, Inc.), Costa Rica (TriNet TCR Operations S.R.L.) and Karnataka, India (TriNet Global Technology Centre India Private Limited). The group is therefore overwhelmingly United States-based, with a small international footprint in Canada, Bermuda, Costa Rica and India, consistent with the 10-K statement that less than 1% of revenue is generated outside the United States.
Recent structural changes
- The sale of TriNet Clarus R+D was completed during 2025. Clarus R&D Solutions, LLC (Ohio) appears in Exhibit 21.1 to the 2024 Form 10-K and is absent from Exhibit 21.1 to the 2025 Form 10-K, and the 2025 income tax note records approximately $9 million of capital loss carryforwards generated by the sale of that wholly owned subsidiary.
- The Karnataka, India subsidiary listed in Exhibit 21.1 to the 2024 Form 10-K as Zenefits Technologies India Private Limited is listed in Exhibit 21.1 to the 2025 Form 10-K as TriNet Global Technology Centre India Private Limited.
Data availability
Subsidiaries only, and partial. Exhibit 21 to a Form 10-K names significant subsidiaries and their jurisdictions of organisation but gives no registration numbers, ownership percentages or tiering, and US states do not publish corporate-linkage data, so the structure below TriNet Group, Inc. cannot be reconstructed from public sources beyond the list of names. The corporate-linkage tree otherwise held against this record was not used, because it does not reconcile with Exhibit 21: it carries about 67 nodes against the 29 subsidiaries filed for 2025; roughly forty of its entities appear nowhere in Exhibit 21 and are mostly shells carried over from legacy acquisitions; seven filed subsidiaries are missing from it, including Ambrose Advisory Services, LLC, TriNet SMB Services, Inc., TriNet TCR Operations S.R.L. and TriNet Trust; states of organisation contradict Exhibit 21 in at least nine cases (TriNet HR III-B, Inc. shown as Nevada, and TriNet HR III-A, Inc., TriNet HR X, Inc., TriNet MSB, Inc., TriNet Commercial Services, Inc., TriNet Professional Employer Services, Inc., PayYourPeople, LLC, ManageYourPeople, LLC and InsureYourPeople, LLC shown as California, Arizona or Florida, where Exhibit 21 states Delaware); several entries hold identifiers that are not registration numbers, including what appears to be a nine-digit federal tax identifier for TriNet HR II Holdings, Inc., an Indian goods-and-services tax identifier for the India subsidiary, and a Florida document number labelled as Californian; entities are duplicated under different ids (TriNet HR III, Inc.; TriNet HR IV, LLC; PayYourPeople, LLC; two spellings of a Texas entity); two employee-benefit trusts and a product name, “Expensecloud”, are presented as companies; and Clarus R&D Solutions, LLC is still attached although its sale completed in 2025. The root node also carries a registration number that matches neither the Delaware charter nor the California number held on this record. No entity belonging to an unrelated listed company was identified in that tree.
Sources
- U.S. Securities and Exchange Commission, EDGAR — TriNet Group, Inc., Exhibit 21.1 (Subsidiaries) to the Form 10-K for the year ended 31 December 2025, filed 12 February 2026 — https://www.sec.gov/Archives/edgar/data/937098/000093709826000010/tnet-123125exhibit211.htm — retrieved 30 September 2026.
- U.S. Securities and Exchange Commission, EDGAR — TriNet Group, Inc., Exhibit 21.1 (Subsidiaries) to the Form 10-K for the year ended 31 December 2024, filed 13 February 2025 — https://www.sec.gov/Archives/edgar/data/937098/000093709825000016/tnet-123124exhibit211.htm — retrieved 30 September 2026.
- U.S. Securities and Exchange Commission, EDGAR — TriNet Group, Inc., Annual Report on Form 10-K for the year ended 31 December 2025, filed 12 February 2026 — https://www.sec.gov/Archives/edgar/data/937098/000093709826000010/tnet-20251231.htm — retrieved 30 September 2026.
Data-provider feed — rows as supplied to Zavia for California Secretary of State — bizfile Online, including entries the profile above does not cover. These rows are not a verbatim copy of the register: they have been found to duplicate the same person under different spellings and to keep a status of Active after an appointment ended. Where they disagree with the profile above, the profile is the checked version.
TRINET GROUP INC
United States
Frequently asked questions
What does TRINET GROUP INC do?
TriNet Group, Inc. provides human resources services to small and medium-size businesses in the United States. Its core business is professional employer organisation (PEO) services under a co-employment model, bundling HR consulting, TriNet-sponsored health and other benefits, payroll and payroll tax administration, workers’ compensation and employment practices liability cover, and compliance support; it also sells administrative services organisation (ASO) services, including HR Plus, without co-employment. It operates in one reportable segment and targets technology, financial services, life sciences, nonprofit, professional services and main street verticals. Principal executive offices are at One Park Place, Suite 600, Dublin, California 94568 (source: Form 10-K for the year ended 31 December 2025, filed 12 February 2026).
Who owns TRINET GROUP INC?
Per the definitive proxy statement filed 15 April 2026, reporting beneficial ownership as at 31 March 2026 against 46,121,229 shares outstanding: Atairos Group, Inc. 18,120,508 shares (39.3%), based on a Schedule 13D/A filed 15 September 2023 and a Form 4 filed 28 May 2025; BlackRock, Inc. 2,334,754 shares (5.1%), per a Schedule 13G/A filed 25 April 2025. The Vanguard Group is shown with no holding: a Schedule 13G/A filed 27 March 2026 reports 0 shares (0%) as at 13 March 2026 following an internal realignment. All current executive officers and directors as a group (18 persons) hold 18,479,152 shares (40.0%), a figure that includes the Atairos position. As a listed issuer, only reportable holders are disclosed, not the full shareholder base.
Who is TRINET GROUP INC's UBO (Ultimate Beneficial Owner)?
No ultimate beneficial owner of TriNet Group, Inc. is identified as such in any reviewed filing. The 15 April 2026 proxy statement describes a control chain above the 39.3% stake: AGI-T, L.P. and A-A SMA, L.P. hold the shares; Atairos Group, Inc. is the sole member and manager of their general partners and the sole limited partner of both; Atairos Partners, L.P. is the sole voting stockholder of Atairos Group, Inc.; Atairos Partners GP, Inc. is its general partner; and Michael J. Angelakis, Chairperson and Chief Executive Officer of Atairos Group, Inc., directly or indirectly controls a majority of the voting power of Atairos Partners GP, Inc. The filing records an express disclaimer of beneficial ownership except to the extent of pecuniary interest and states no percentage interests along the chain, so no effective ownership percentage can be calculated and no UBO is asserted here.
What is TRINET GROUP INC's company registration number?
TRINET GROUP INC's registration number is C1628576, filed with California Secretary of State — bizfile Online in United States. Its current status on the register is active.
Is TRINET GROUP INC still an active company?
TRINET GROUP INC's status on California Secretary of State — bizfile Online is listed as active.
When was TRINET GROUP INC incorporated?
TRINET GROUP INC was incorporated on 5 December 1988, according to California Secretary of State — bizfile Online.
What is TRINET GROUP INC's registered address?
The registered address on file for TRINET GROUP INC is Dublin, United States.
What legal structure is TRINET GROUP INC registered as?
TRINET GROUP INC is registered as a Public Limited Company in United States.
What is TRINET GROUP INC's revenue?
Consolidated total revenues for the year ended 31 December 2025 were $5,010 million: professional service revenues $719 million, insurance service revenues $4,224 million and interest income $67 million. This is a net revenue figure, not gross billings — professional service revenues are reported net of the gross payroll and payroll taxes funded by clients, because TriNet acts as agent for revenue-recognition purposes. Gross volume is disclosed separately: $70 billion of payroll and payroll taxes processed for clients in 2025. Consolidated insurance costs were $3,835 million, income before tax $217 million and net income $155 million, with diluted EPS of $3.20. Headcount is reported on two separate bases for 2025: approximately 3,400 internal employees ("colleagues") globally at 31 December 2025, and approximately 323,200 worksite employees co-employed with client companies, plus about 39,700 ASO Users and 18,600 legacy HRIS Users.
Is TRINET GROUP INC listed on a stock exchange?
Common stock is listed on the New York Stock Exchange under the ticker TNET, par value $0.000025 per share. The company files with the SEC under Commission File Number 001-36373 and CIK 0000937098. It is incorporated in Delaware, with IRS Employer Identification Number 95-3359658. It was incorporated in 1988 as TriNet Employer Group, Inc., a California corporation, and reincorporated in Delaware in 2000, changing its name to TriNet Group, Inc. that year (source: Form 10-K for the year ended 31 December 2025).
Who are the officers/directors of TRINET GROUP INC?
Eighteen individuals can be verified as holding office in 2026: twelve directors and six executive officers other than the chief executive, who is also a director. Michael Q. Simonds is Chief Executive Officer and a director; Mala Murthy is Executive Vice President and Chief Financial Officer (appointed 23 October 2025, effective 28 November 2025). The other executive officers named in the 15 April 2026 proxy statement are Jeffery Hayward, Sidney Majalya, Timothy N. Nimmer, Anthony Shea Treadway and Jay Venkat. The directors signing the 2025 Form 10-K were Michael J. Angelakis, Paul Chamberlain, Ralph Clark, Maria Contreras-Sweet, Brian Evanko, David C. Hodgson, Janet Kennedy, Jacqueline Kosecoff, Wayne B. Lowell, Madhu Ranganathan and Myrna Soto. At the annual meeting of 27 May 2026, Angelakis, Hodgson, Kosecoff and Simonds were elected as Class III directors to 2029. Kelly Tuminelli stepped down as Chief Financial Officer on 28 November 2025 and separated from the company on 16 March 2026. Delaware publishes no officer data and SEC filings disclose no nationality, which is therefore "Not disclosed".
Does TRINET GROUP INC have a parent company or subsidiaries?
TriNet Group, Inc. is the top entity of its group; no parent company is disclosed in its Form 10-K or Exhibit 21. Exhibit 21.1 to the Form 10-K for the year ended 31 December 2025 lists 29 subsidiaries, most organised in Delaware, with others in New York, California, Oklahoma, Florida, Bermuda, Ontario, British Columbia, Costa Rica and Karnataka (India). Exhibit 21 states no ownership percentages, so ownership percentage is not disclosed for any subsidiary. Structural changes: the sale of TriNet Clarus R+D (Clarus R&D Solutions, LLC, Ohio) completed during 2025, and the India subsidiary previously filed as Zenefits Technologies India Private Limited is now filed as TriNet Global Technology Centre India Private Limited.
Can Zavia monitor changes to TRINET GROUP INC's ownership over time?
This profile reflects a point-in-time snapshot from California Secretary of State — bizfile Online. Zavia's monitoring API can track changes to TRINET GROUP INC's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access TRINET GROUP INC's data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including United States, so records like TRINET GROUP INC's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from California Secretary of State — bizfile Online and was last synced on 25 September 2026.