Best Benefits Administration Software for 2022

Learn more about benefits administration software for small businesses along with frequently asked questions.

Updated on July 18th, 2022

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Benefits administration software enables the HR department of an organization to assemble and manage its employee benefits program effectively.

It involves managing and updating employee benefits, such as health, disability, and life insurance, as well as pension plans, vacation, paid time off, and maternity leave. Benefits administration software also allows businesses to maintain compliance with tax and labor laws and often combines payroll and HR management in one platform.

Best Benefits Administration Software:

Our Rank

Benefits Administration Software

Pricing

1.

Gusto

From $40.00 + $6.00 per employee /mo.

2.

TriNet Zenefits

From $10.00 per employee /mo.

3.

BambooHR

From $4.95 per employee /mo.

4.

Workday Benefits

Contact for quote.

5.

Dayforce HCM

From $10.00 per employee /mo.

6.

Namely

From $15.00 per employee /mo.

7.

APS

From $60.00 + $5.00 per employee /mo.

8.

iSolved

From $80.00 + $4.00 per employee /mo.

9.

ADP Workforce Now

From $62.00 /mo.

10.

UltiPro

From $600.00 per annum for every 5 users.

11.

Rippling

From $7.00 per employee /mo.

12.

bswift

Contact for quote.

13.

Criterion HCM

From $5.00 per user /mo..

14.

Rise

Contact for quote.

15.

ThrivePass Benefits Suite

Contact for quote.

16.

Ascentis

Contact for quote.

FAQs:

What is a benefits administration system?

A benefits administration system allows benefits administrators and/or HR employees to set up, manage, and update the benefits for each employee in the organization. It also ensures that companies remain compliant with tax and labor laws.

What are the 4 major types of employee benefits?

  • Disability Insurance.
  • Social Security and Medicare.
  • Workers' Compensation.
  • Unemployment Insurance.