Paylocity

Paylocity is a massive, publicly traded juggernaut that operates in the space just below the massive enterprise scale of ADP, specifically targeting the upper-mid-market (companies with 500 to 2,000 employees). These companies are too big for a simple tool like Gusto, but want something more modern and agile than a legacy ERP. Its benefits module is deeply, flawlessly tied into its legendary payroll engine. Paylocity handles highly complex benefit structures that simple tools cannot. If a manufacturing company has a massive union contract where "Tier 1" union workers get their insurance 100% paid by the company, but "Tier 2" non-union workers have to pay 20% out-of-pocket, Paylocity's rules engine mathematically handles these complex eligibility groups automatically. They also offer incredibly robust "Third-Party Administration" (TPA) services. Paylocity doesn't just provide the software; they provide the actual human teams to manage the terrifying regulatory nightmares of COBRA administration, FSA (Flexible Spending Account) receipt adjudication, and HSA banking, completely offloading the liability from the company's HR department.