Benefitfocus vs. Penad PX3000

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Benefitfocus
Score 8.1 out of 10
N/A
Benefitfocus headquartered in Charleston, South Carolina offers their eponymous platform for benefits administration, featuring the Benefitfocus Marketplace.N/A
Penad PX3000
Score 0.0 out of 10
N/A
Canadian company Penad Pension Services Limited offers PX3000, their pension and benefits administration system.N/A
Pricing
BenefitfocusPenad PX3000
Editions & Modules
No answers on this topic
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Offerings
Pricing Offerings
BenefitfocusPenad PX3000
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
BenefitfocusPenad PX3000
User Ratings
BenefitfocusPenad PX3000
Likelihood to Recommend
10.0
(2 ratings)
-
(0 ratings)
User Testimonials
BenefitfocusPenad PX3000
Likelihood to Recommend
Benefitfocus
It is well suited for a small company of maybe 300-400. It is less appropriate for companies in areas where a transit and parking benefit is a must.
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Penad Pension Services Limited
No answers on this topic
Pros
Benefitfocus
  • Enrollment Reports
  • Customer Service
  • File Feed Setup
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Penad Pension Services Limited
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Cons
Benefitfocus
  • Great at selling their product but not keeping their promises.
  • Too many glitches and they always advise it will be updated/corrected on their next "quarterly update".
  • They can't administer QTB plans (parking and transit) which is an essential benefit plan offered to companies. They didn't officially come out with this news until after we had implemented and launched the program. During implementation, they made it appear like it would work.
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Penad Pension Services Limited
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Alternatives Considered
Benefitfocus
Did not research any, as we were using Benefitfocus for our Allstate benefits for years prior to implementing it with all benefits.
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Penad Pension Services Limited
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Return on Investment
Benefitfocus
  • It was a negative impact because we launched the program during open enrollment only to revert back to the old platform, BeneTrac, 3 months later.
  • Bad impression on the benefits team to implement a program that didn't deliver.
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Penad Pension Services Limited
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ScreenShots