The Affordable Care Act (ACA) requires employers with 50 or more full-time equivalent employees to offer affordable health insurance that meets minimum essential coverage requirements. To comply with the ACA, employers must file Form 1095-C with the IRS and provide a copy to each employee. While Paycor offers an ACA 1095-C reporting solution, there are several alternatives and competitors in the market that provide similar or even better solutions for specific use cases. In this article, we will explore the ten best Paycor ACA 1095-C reporting alternatives and competitors in 2024, including their key features, benefits, and why they stand out in the market.

1. ADP

ADP is a leading provider of human resources solutions, including ACA compliance and reporting services. Their ACA 1095-C reporting solution offers comprehensive reporting capabilities, including electronic filing with the IRS and employee notifications. ADP's solution also provides support for multiple benefit plans, affordability safe harbors, and other ACA requirements.

Key Features:

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  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Employee notifications
  • Support for multiple benefit plans
  • Affordability safe harbors

Benefits:

  • Easy compliance with ACA reporting requirements
  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Support for multiple benefit plans
  • Affordability safe harbors

2. Equifax Workforce Solutions

Equifax Workforce Solutions is a leading provider of human resources, payroll, and compliance solutions. Their ACA 1095-C reporting solution offers a user-friendly interface and comprehensive reporting capabilities, including electronic filing with the IRS and employee notifications. Equifax's solution also provides support for multiple benefit plans, affordability safe harbors, and other ACA requirements.

Key Features:

  • User-friendly interface
  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Employee notifications
  • Support for multiple benefit plans
  • Affordability safe harbors

Benefits:

  • User-friendly interface for easy reporting
  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Support for multiple benefit plans
  • Affordability safe harbors

3. Zenefits

Zenefits is a cloud-based human resources platform that offers a range of HR solutions, including ACA compliance and reporting services. Their ACA 1095-C reporting solution offers an intuitive interface and comprehensive reporting capabilities, including electronic filing with the IRS and employee notifications. Zenefits' solution also provides support for multiple benefit plans, affordability safe harbors, and other ACA requirements.

Key Features:

  • Intuitive interface
  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Employee notifications
  • Support for multiple benefit plans
  • Affordability safe harbors

Benefits:

  • Easy-to-use interface for easy reporting
  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Support for multiple benefit plans
  • Affordability safe harbors

4. Paychex

Paychex is a leading provider of human resources and payroll solutions that offers ACA compliance and reporting services. Their ACA 1095-C reporting solution offers comprehensive reporting capabilities, including electronic filing with the IRS and employee notifications. Paychex's solution also provides support for multiple benefit plans, affordability safe harbors, and other ACA requirements.

Key Features:

  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Employee notifications
  • Support for multiple benefit plans
  • Affordability safe harbors

Benefits:

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  • Easy compliance with ACA reporting requirements
  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Support for multiple benefit plans
  • Affordability safe harbors

5. Gusto

Gusto is a cloud-based HR and payroll platform that offers ACA compliance and reporting services. Their ACA 1095-C reporting solution offers a user-friendly interface and comprehensive reporting capabilities, including electronic filing with the IRS and employee notifications. Gusto's solution also provides support for multiple benefit plans, affordability safe harbors, and other ACA requirements.

Key Features:

  • User-friendly interface
  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Employee notifications
  • Support for multiple benefit plans
  • Affordability safe harbors

Benefits:

  • Easy-to-use interface for easy reporting
  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Support for multiple benefit plans
  • Affordability safe harbors

6. Benefitfocus

Benefitfocus is a leading provider of cloud-based benefits management solutions. Their ACA 1095-C reporting solution offers comprehensive reporting capabilities, including electronic filing with the IRS and employee notifications. Benefitfocus' solution also provides support for multiple benefit plans, affordability safe harbors, and other ACA requirements.

Key Features:

  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Employee notifications
  • Support for multiple benefit plans
  • Affordability safe harbors

Benefits:

  • Easy compliance with ACA reporting requirements
  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Support for multiple benefit plans
  • Affordability safe harbors

7. Workday

Workday is a cloud-based HR and finance platform that offers ACA compliance and reporting services. Their ACA 1095-C reporting solution offers a user-friendly interface and comprehensive reporting capabilities, including electronic filing with the IRS and employee notifications. Workday's solution also provides support for multiple benefit plans, affordability safe harbors, and other ACA requirements.

Key Features:

  • User-friendly interface
  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Employee notifications
  • Support for multiple benefit plans
  • Affordability safe harbors

Benefits:

  • Easy-to-use interface for easy reporting
  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Support for multiple benefit plans
  • Affordability safe harbors

8. Namely

Namely is a cloud-based HR platform that offers ACA compliance and reporting services. Their ACA 1095-C reporting solution offers comprehensive reporting capabilities, including electronic filing with the IRS and employee notifications. Namely's solution also provides support for multiple benefit plans, affordability safe harbors, and other ACA requirements.

Reading more:

Key Features:

  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Employee notifications
  • Support for multiple benefit plans
  • Affordability safe harbors

Benefits:

  • Easy compliance with ACA reporting requirements
  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Support for multiple benefit plans
  • Affordability safe harbors

9. UltiPro

UltiPro is a cloud-based HR and payroll platform that offers ACA compliance and reporting services. Their ACA 1095-C reporting solution offers comprehensive reporting capabilities, including electronic filing with the IRS and employee notifications. UltiPro's solution also provides support for multiple benefit plans, affordability safe harbors, and other ACA requirements.

Key Features:

  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Employee notifications
  • Support for multiple benefit plans
  • Affordability safe harbors

Benefits:

  • Easy compliance with ACA reporting requirements
  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Support for multiple benefit plans
  • Affordability safe harbors

10. HCMWorks

HCMWorks is a leading provider of human capital management solutions that offers ACA compliance and reporting services. Their ACA 1095-C reporting solution offers comprehensive reporting capabilities, including electronic filing with the IRS and employee notifications. HCMWorks' solution also provides support for multiple benefit plans, affordability safe harbors, and other ACA requirements.

Key Features:

  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Employee notifications
  • Support for multiple benefit plans
  • Affordability safe harbors

Benefits:

  • Easy compliance with ACA reporting requirements
  • Comprehensive reporting capabilities
  • Electronic filing with the IRS
  • Support for multiple benefit plans
  • Affordability safe harbors

In conclusion, while Paycor offers an ACA 1095-C reporting solution, there are several alternatives and competitors in the market that provide similar or better solutions for specific use cases. Whether you prefer the user-friendly interface of Gusto and Zenefits, the comprehensive reporting capabilities of ADP and Equifax, or the cloud-based HR and payroll platforms offered by Paychex and Workday, these ten alternatives provide a range of choices for employers seeking effective ACA compliance and reporting solutions in 2024.