Best Benefits Administration Software for 2022

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

Updated on October 25th, 2022

The SMB Guide is reader-supported. When you buy through links on our site, we may earn an affiliate commission. Learn more

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 /user /mo.

2.

TriNet Zenefits

From $10.00 /user /mo.

3.

BambooHR

Contact for quote.

4.

Workday Benefits

Contact for quote.

5.

Dayforce HCM

Contact for quote.

6.

Namely

Contact for quote.

7.

APS

Contact for quote.

8.

iSolved

Contact for quote.

9.

ADP Workforce Now

Contact for quote.

10.

UltiPro

Contact for quote.

11.

Rippling

From $8.00 /user /mo.

12.

bswift

Contact for quote.

13.

Criterion HCM

Contact for quote.

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 four major types of employee benefits?

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