Hand picked by our HR Technology experts after product testing, user research, and much debate - enjoy!
As a benefits leader, you have the rewarding job of making your company a great place to work. After all, employee benefits packages and other perks can help you attract top talent, retain current employees, and build a culture that aligns with your values.
The downside, of course, is all the administrative work that benefit plans and benefits enrollment creates for you. Fortunately, benefits administration software can help you automate your benefits management, improve efficiency, and streamline open enrollment — all while staying compliant.
Benefits administration software serves as a one-stop-shop for all your employee benefits. With everything centralized, the setup and management is easier for you and open enrollment is easier for your employees.
The result? Employees make smarter, more informed decisions about their benefits, and you have less administrative work to manage. To help you find the right benefits management software, we put together the following guide with top software platforms, features to look out for, common mistakes to consider, pricing, and more.
We take research seriously. To make sure we’re offering our readers the very best solutions in a given software category, we are methodical, rigorous, and expansive in our research. We consult with HR professionals, vendors, and industry experts. We cut through the noise to bring you a carefully curated list of vendors, along with other essential information, to help you find the right software platform for your business.
Here’s how we chose who makes the cut:
Product: We believe in gaining a comprehensive understanding of a product before we recommend it, so we start by getting to know the software. Whenever possible, we meet with a senior executive (CEO or Head of Product) for a demo and Q&A. We also test the product ourselves to make sure it has a solid UI, intuitive workflows, and the features to make it a best-in-class offering.
User feedback: We go straight to the source and compile feedback on user experience. Real-world input supports our commitment to diligence in our software evaluation methods and the products we recommend. Keeping up with the everyday experience of HR pros also puts new vendors on our radar, and it keeps us close to our community so we can better connect the right products to the right people.
Financial metrics: We are certified finance nerds, so we use all the data we can get our hands on to make selections for our guides. We comb through data for concrete statistics like retention rates, growth, profitability, and scalability. We evaluate the bottom line of each product because we know making a software purchase can put your reputation on the line.
Best for a use case: Software is never a one-size-fits-all product. Sometimes the best solution is free or cheap. Other times it’s the one that is best for global companies or the one that’s sized right for early-stage startups. Keeping this in mind, we include solutions across the spectrum so our readers can find the best fit for their unique needs.
Here's more detail if you want to read more about how we research vendors. Our dedicated staff writers rely on hard data, impartial experts, and user feedback to ensure our reviews are helpful, truthful, and hopefully a pleasure to read!
After surveying the landscape, we came up with this short list of top benefits administration software you should check out.
Why we love it
:
Deel is making waves in the payroll space, being one of the first companies to specialize in international payroll & benefits for remote teams.
Deel
Review:
With Deel, companies can hire employees in a multitude of countries without it getting messy. From the same dashboard, you can manage international payroll, benefits, taxes, and compliance in 150 countries.
Deel
Customers:
Deel
Pricing:
A cool thing about Deel is that you can sign up for free and play around with the tool, not being charged until you pay your first team member. Once you do, pricing for Deel will vary as follows:
A cool thing about Deel is that you can sign up for free and play around with the tool, not being charged until you pay your first team member. Once you do, pricing for Deel will vary as follows:
Best For
Companies, big or small, who wish to stay compliant when hiring people in multiple countries.
Why we love it
:
Remote is a robust and modern platform specialized in HR, payroll, and benefits for, as their name suggests, remote-first teams.
Remote
Review:
Remote lets you offer customized benefits packages to fit each country where you have people. They let you stay compliant by providing world-class benefits and perks that are in adherence with local laws and up-to-par with standards. These range from part time off to holidays, health care, and life insurance.
How do they do this? Remote fully owns local legal entities in all the countries they cover. Since they have no intermediaries to deal with, they’re able to offer more flexibility and speed at very interesting costs.
Remote
Customers:
Remote
Pricing:
Remote has four plans. “Contractors” lets you manage and pay global contract workers for free; you only pay for payment processing fees. Then, they have their “Global Employment” plan, which starts at $299 per employee per month. For the other two plans, “Payroll & Benefits” and “Global Employment Plus”, they offer customized pricing.
Remote has four plans. "Contractors" lets you manage and pay global contract workers for free; you only pay for payment processing fees. Then, they have their "Global Employment" plan, which starts at $299 per employee per month. For the other two plans, "Payroll & Benefits" and "Global Employment Plus", they offer customized pricing.
Best For
Remote-first companies that have both employees and contractors overseas but don't want to set up a legal entity in each country.
Why we love it
:
OnPay ensures compliance and takes no upfront payment for its benefits administration software. When you decide to use it, you'll be connected with their team of licensed brokers so that your employees can get their favorite benefits from the best companies.
OnPay
Review:
OnPay is a cloud-based payroll software that also offers features for HR management and benefits administration. It integrates with several low-cost benefits administration solutions so you’re able to offer health insurance, 401(k) retirement as well as workers’ comp. Not only that, but OnPay is also quick to set up, user-friendly and affordable, featuring a single, transparent monthly fee for everything.
OnPay
Customers:
OnPay
Pricing:
OnPay charges a base fee of $36, plus $4 per employee per month. You can use the price calculator on their website to see exactly how much it’ll run you for your team size. You can also sign up for a one-month free trial there.
OnPay charges a base fee of $36, plus $4 per employee per month. They also offer a one month free trial.
Best For
OnPay is great for small businesses looking for a payroll solution with basic HR features.
Why we love it
:
Designed to make benefits more accessible and less complicated, Bennie is available both as a web and a mobile app. With it, employees can track claims spending, estimate cost of care, find a doctor, access a live concierge team, and more.
Bennie
Review:
Bennie is a hub for your employee benefits information on a mobile-first platform. If employees have any questions about their benefits, they simply go to the app and interact with Ask Bennie, a smart healthcare concierge.
For employers, Bennie skips the typical brokerage experience. Instead, Bennie partners with major regional and national carriers to bring your company more personalized benefits. HR teams have their own backend to manage everything in one place. Customers also get access to strategic benefits and HR technology consulting.
Bennie
Customers:
Bennie
Pricing:
The Bennie app is free to use for your company and employees. Bennie shops around for the best plan for your company, and takes a commission from the insurance company you decide on.
The Bennie app is free to use for your company and employees. Bennie shops around for the best plan for your company, and takes a commission from the insurance company you decide on.
Best For
Companies in the 50-500 employee range.
Why we love it
:
Easy to navigate, Namely is extremely organized and uses the best-in-class technology. Its benefits administration software is integrated with its HR and payroll system to save time and complexity.
Namely
Review:
Namely’s HR software includes payroll and benefits functionality that also integrates into the rest of their HRIS. If you’re looking for a full HR software suite, check out Namely’s solution.
Namely
Customers:
Over 1200 companies use Namely, including Greenhouse, MacStadium, Life is Good, and OneLogin.
Namely
Pricing:
Namely does not provide pricing on their website. However, having no benchmark provides the unique opportunity to negotiate with sales to determine the right price for your company specifically.
Custom pricing is available upon request of a demo. It will vary depending on which package you choose. They start with a basic HR package and then sell extensions or enhanced services for things like payroll solutions and employee benefits.
Best For
Namely targets mid-sized companies. They specifically mention companies with 50 employees up to a thousand, which is a large range. Most of their customer testimonials are from companies with 100 - 500 employees.
Why we love it
:
A one-stop technology solution that merges your HR ecosystem with benefits administration system, Maxwell Health helps employees save time and make sound decisions about their benefits.
Maxwell Health
Review:
Maxwell Health, now owned by Sun Life Insurance, offers companies a modern approach to managing benefits for employees. From open enrollment to COBRA, they can help you stay compliant, and give employees a wide range of options all available through an easy to use mobile interface.
Maxwell Health
Customers:
Maxwell Health
Pricing:
Maxwell does not release their pricing online. You will have to contact a sales representative.
Maxwell does not release their pricing online. You will have to contact a sales representative.
Best For
If your company isn’t picky about what insurance company to work with, Maxwell Health’s partnership with Sun Life Insurance is ideal. You get a simplified end-to-end experience, requiring even less administrative work on your part.
Why we love it
:
This feature lives in the midst of all employee information, and this proximity enables objective discernment and enforcement of who can spend what, where, and when. The tool enables the policy, and the policy enables the tool.
Rippling
Review:
Rippling is in a class by itself when compared to other expense tracking software. The integration of the feature into Rippling’s platform means it not only performs what you’d expect (standard features like the ability to parse a paper receipt image captured with a phone), it can also contextualize spending activity within the larger framework of employee data.
Rippling
Customers:
Proxy, Dwell, Superhuman, Expensify, Checkr
Rippling
Pricing:
Rippling's Core HR platform starts at $8 per employee per month. Contact Rippling regarding a custom Spend Management quote.
Rippling's Core HR platform starts at $8 per employee per month. Contact Rippling regarding a custom Spend Management quote.
Best For
This software is best for companies of medium to large size, globally or nationally distributed with multiple levels of organization.
Why we love it
:
Whether you're just getting started or looking for ways to improve your benefits, Zenefits can help you simplify your process. One of its best features is that employees get detailed reports on their benefits to see what's working.
Zenefits
Review:
Zenefits offers benefits administration alongside their flagship HRIS product. The tool allows for employees to manage their benefits themselves on any platform they want, mobile or desktop.
For employers, you get detailed insights on your employees on top of saved time. In fact, Zenefits says that their customers save up to a full week of work by using their online enrollment tool alone.
Zenefits
Customers:
Since they focus on the small business sector, you likely won’t see huge brands among Zenefits’ customer list. You might see one of the local brands you interact with, however! Their “Customer Success Stories” page is frequently updated with profiles of their customers and how they’re making good use of the product. Rather than name drop several companies this time, we’d suggest checking that out.
Zenefits
Pricing:
Zenefits has two methods of subscription, per employee per month or per employee per year. The three tiers are:
Zenefits starts with the following plans:
In addition to the above, Zenefits offers the following add‑ons that can go on top of any of its base plans:
The Essentials plan features ACA compliance. If you have 50 employees, the ACA minimum, it will cost $400 per month at its least expensive. However, if you use your own insurance broker, it's an extra $5 per employee per month. They offer a free two week trial before you have to buy.
Lastly, for larger businesses looking into Zenefits, Enterprise pricing is available upon request.
Best For
Zenefits focuses on small to medium sized businesses. Enterprise corporations might want to find a solution that is more geared towards their size.
Why we love it
:
Gusto recently an ATS to its features. It can handle job posting, syndication to job boards, interview notes, and basic scheduling – all within the Gusto platform. It is currently optimized for employers with “moderate” hiring needs, but they can help you determine whether their new native ATS or another within their ecosystem is right for you. The tool is promising and it operates well within the environment it, and, like the platform itself, has the uncanny feel of a product that is sound in its inception and sturdy in its architecture.
Gusto
Review:
Gusto has done a great job avoiding a common software pitfall. Many good tech teams have fallen under the spell of the Shiny New Thing, and, in allowing themselves to be distracted and diluted, their core products and loyal customs suffer from neglect. Gusto has kept a steady pace through the years and their primary focus on payroll and benefits has not been clouded by impulsive building more features into their stack. Instead, they work with numerous integrated partners who take the wheel on new initiatives, letting Gusto stay in its lane.
Gusto
Customers:
Gusto’s site has some customer stories for the curious
Gusto
Pricing:
Best For
Even budget-strapped startups can afford Gusto’s basic plan, and for companies who have some bank capital to invest in human capital, the top-tier Premium plan is a great choice, especially if they have an HR department of one person.
As an employer, you are required to offer certain benefits (like health insurance and Social Security), while others are “nice-to-haves” that can help with recruiting and retention.
The more benefits you offer, the more administrative work you have to manage — unless, of course, you use benefits administration software. If you offer any or all of the following benefits, a benefits admin platform can streamline how you manage them — and how employees sign up for them:
If you're not sure what benefits to offer at your company (besides, of course, the bare minimum requirements), consider who your full-time employees are.
In other words, what is important to them? For example, if the bulk of your employees are fresh out of college, a financial wellness benefit that helps them pay off their student debt will be a very attractive offering. You could also survey your employees if you're on the fence about a certain benefit to see if it’s something they actually want and would use.
The features we just listed are pretty comprehensive, but benefits admin software won't take everything benefits-related off of your plate. Not only that, benefits management in general has its share of challenges. To make sure you do benefits "right," have successful open enrollment periods, and don't blow your benefits budget, here are six considerations and common mistakes to look out for:
Benefits admin software can help your company in a myriad of ways. Here is a summary of the benefits we’ve mentioned:
To get an idea of what benefits like these can actually do for your bottom line, check out our HR Tech ROI Calculators.
Most benefits admin platforms charge on a per-employee-per month basis and offer tiered pricing depending on the amount of features and functionality you’re looking for. We’ve seen pricing start as low as $8/employee/month.
When you have your demo(s), you should get a pricing plan that is customized for your company and needs. Just make sure that each quote you get breaks down the features that are included so you can easily compare and make the most informed investment for your company.
Benefits administration software isn’t just a way to centralize your benefits management and alleviate the burdens of paperwork and other administrative tasks. They also offer a host of integrations and features to make your job easier, keep you compliant, save you money, and promote employee engagement. Let’s take a look:
As you develop your full benefits package, think about the features that would benefit your employees the most AND that would help make your job easier.
We always recommend demoing a couple vendors so you can see their platforms in action before you actually invest. To prepare for your demos, create a list of questions specific to your company’s benefits needs. Here are some sample questions to get you started:
The first step to implementing benefits admin software is figuring out what your suite of benefits looks like. From there — and based on the information you gathered during your demo — you’ll know what is required to get your platform of choice up and running. For example, you might need to engage your IT team to help with any necessary integrations.
Then, you’ll need to encourage utilization of the platform during open enrollment periods, for new employees who are onboarding, and for employees who are leaving and need to sign up for COBRA. To get employees to make their benefits elections before your open enrollment period ends, we recommend a variety of touch-points, including:
Software Training Sessions: If you're using a new system, you're going to need to train your HR or People Ops team on setting up and managing each benefit. Then, you'll need to introduce the platform to your employees so they know how to use it. You could do this a number of ways:
All-Staff Emails: Send a note to the entire company at the beginning of open enrollment with instructions on how to use the platform, what actions they need to take by the deadline, what happens if they don't do anything, etc. Then follow-up with "last-call" reminders as the deadline approaches.
Engage Team Leads: Ask team leads and managers to remind their direct reports to make their benefits selections before the deadline.
Benefits administration software are platforms built specifically to plan and provide benefits packages to employees, while also maintaining compliance with government regulations.
Benefits administration software streamlines all benefits operations, saving your HR team much needed time. In addition, all employee benefits data is held in one portal, meaning you can analyze all benefits information and create detailed reports about what benefits are used most or least. This provides you with valuable action points for benefits administration. Finally, letting software maintain compliance for you ensures simple, fast, and accurate reports to the IRS and other government entities.
Features of benefits administration software include reporting, ACA and COBRA compliance, onboarding tools, plan configuration, self-service portal, online enrollment, and payroll integrations.
Broadly speaking, there are two ways to get benefits admin support: a platform that only focuses on benefits admin or a more comprehensive Human Capital Management (HCM) suite that offers benefits admin as one of many HR features.
So, you’ll need to figure out which one will make the most sense for your company. We recommend demoing a couple vendors that fit into these two buckets so you can see how their solutions and features align with your needs and budget.
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