Benefits administration companies provide services that help businesses design, implement, and maintain their employee benefits plans.
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Benefits Administration Companies
Q4 2023
Q4 December 2023: Winners
List of the top 25 Benefits Administration Companies in Shortlister as of December 2023, presented in the order they appear in the full Vendor Listing tab.
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Deel is the global payroll platform for managing your international workforce. Hire contractors and employees with built-in compliance, payments, and onboarding in over 150 countries. Deel’s local expertise ensures companies can provide local benefits like... View Full Profile
Through Benefitsolver®–our benefits administration and engagement platform–we deliver an industry-leading benefits experience for you and your employees, transforming the annual enrollment experience into a year-round personalized journey. It’s ... View Full Profile
ebm provides employee benefits solutions for Open Enrollment and beyond. Our portfolio of industry-leading benefits technology platforms and administrative services streamlines the entire benefits administration process for benefit consultants and HR... View Full Profile
Trusted by more than 19,000 employers and 8 million employees, Selerix BenSelect is utilized by employers, brokers & carriers to facilitate core & voluntary enrollments, end-to-end benefits administration, and seamless 3rd party data integrations. Selerix ... View Full Profile
OnPay is a fast-growing software company that offers small businesses and accountants the best payroll in the cloud backed up by a team of helpful, friendly experts. And as a payroll service provider with more than 30 years of experience, we know how to get it... View Full Profile
We offer a multimodule benefits enrollment and administration system to help manage, communicate, and enroll employees in the benefits process. Optavise makes the enrollment experience easier with confidential, one-on-one conversations with employees that ... View Full Profile
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We make benefits easy. It’s that simple. bswift helps customers change the way their employees perceive and engage with their benefits through adaptive technology and empowered, compassionate service. Our intuitive, personalized enrollment experience ... View Full Profile
Alight Solutions became a publicly traded company, listed on NYSE under the ticker symbol ALIT, in July 2021. Alight was established in June 2017, after a divestiture from Aon Corporation of their benefits administration, HR business process outsourcing, ... View Full Profile
Flexible innovation and high-touch support End-to-end benefits administration support, with scalable and configurable technology can help you design, build and manage your employee benefits program across health and welfare and defined benefit pension plans ... View Full Profile
Empyrean provides solutions and services to help employers manage their health and welfare benefits, wellness programs, consumer account administration, compliance, and more. The Empyrean Platform adaptively supports employers’ benefits strategies with ... View Full Profile
Benefitfocus offers a single platform to simplify employee benefits enrollment, communications and administrative tasks, while also providing services to outsource things like COBRA administration, benefits billing, ACA compliance and reporting, consumer ... View Full Profile
PlanSource helps centralize and simplify every aspect of your benefits program, so employees and HR teams can make smarter, more confident benefits decisions. We believe the easier benefits are to understand, use and manage, the more value people get out of ... View Full Profile
isolved Benefit Services solutions allow employers to focus on the most strategic, value-added activities for growing their businesses. Solve the complexities of inefficient plan setup and administration, changing regulations, employee/staff turnover, and ... View Full Profile
It’s time for a benefits administration partnership that works. In a world of consumer-driven health, our fully outsourced solution helps employees make informed benefits decisions, enhancing employee engagement and satisfaction. Our benefits administration ... View Full Profile
SyncHR is a radically different, next-gen Human Capital Management Solution designed to give mid-market companies enterprise-level HR, payroll and benefit management capabilities without the complexity, cost or attitude... View Full Profile
Criterion provides a complete HCM solution that includes the following modules: HR, Benefits Management, Payroll, Time & Attendance, Recruitment, Performance Management, Learning Management, Employee and Manager Self Service, Compliance Reporting, Open ... View Full Profile
HRally is a modern platform consolidated for all employees, all plans, and all vendors. Our proprietary SaaS-based technology has capabilities, content, and features designed to help within each area of benefits administration guided by a team of experts. We ... View Full Profile
Benefits Covered from Start to Finish. With a modern, mobile-friendly experience and customizable tools and educational content, employees easily understand their options and make the right choices based on their unique needs through comprehensive education ... View Full Profile
Fidelity Investments® has been in business 73 years. It was founded in 1946 by Edward C. Johnson 2d, as an investment management company. Fidelity entered the benefits administration business in 1982 in response to corporate clients’ requests to couple ... View Full Profile
APS has a mission: to make payroll and HR easier. We design our unified solution to simplify workforce management tasks for mid-market organizations. We provide our clients and partners with personalized service and support to accomplish their goals. ... View Full Profile
Benefits administration refers to the process of managing and administering employee benefits programs offered by an employer. This includes managing various benefits such as health insurance and wellness plans, leave benefits, retirement savings, and other perks that employers offer to attract and retain employees.
A benefits administrator is a person or a team responsible for managing and administering employee benefits programs within an organization. However, it may not be feasible for smaller and medium-sized companies to have a specific position or role dedicated solely to benefits administration. In such cases, they often turn to benefits administration solutions and technologies to help them manage their benefits programs more efficiently. These solutions can help automate administrative tasks such as benefits enrollment, plan selection, and compliance, freeing up time for the HR team to focus on other critical tasks.
Employers provide employee benefits as part of their compensation package to recruit and retain talented individuals. By offering attractive benefits such as a comprehensive health insurance, generous paid time off, retirement and financial planning services, and other perks, employers can create a positive work environment and show their commitment to the well-being of their employees. In addition, providing employee benefits can also lead to increased employee satisfaction and engagement, which in turn can improve productivity and reduce turnover for the company. Additionally, offering employee benefits can help employers comply with legal requirements and regulations and avoid penalties and fines.
Employees today are looking for more than just a good salary, they want to work for companies that value their well-being and offer meaningful benefits. In a highly competitive job market, offering a comprehensive benefits package can help attract and retain top talent. By providing a range of benefits, employers can differentiate themselves from their competitors and create a positive employer brand.
