Employee Benefits Enrollment & Cost Sharing Calculator

This Excel tool calculates employee and employer cost sharing for 10+ benefit plans (e.g., health insurance, dental, 401k), using VLOOKUP to pull plan-specific costs from a master table and compute the employer contribution amount. It reduces benefits enrollment processing time by 70% and helps HR teams provide accurate cost estimates to employees during open enrollment. The tool integrates with benefits administration software exports, updates costs in real-time, and uses conditional formatting to highlight high-cost plans for budget review. Ideal for mid-to-large sized organizations, it aligns with benefits compliance standards and supports open enrollment communication.