Paylocity Connects Retirement, Payroll, and HR in One Experience
Paylocity (NASDAQ: PCTY), a leading provider of HCM, Finance, and IT solutions, has announced the launch of Paylocity Retirement, a new embedded retirement offering that brings plan administration and employee savings tools directly into the Paylocity HCM suite. The product embeds Vestwell's retirement technology seamlessly into the same platform employers already use for payroll and HR.
The result is a more streamlined experience for administrators, fewer manual processes, and a simpler way for employees to view and manage their retirement savings.
"Retirement benefits are essential to long-term financial stability, but managing them shouldn't add complexity to HR's plate. By partnering with Vestwell, we're giving clients the best of both worlds: the simplicity of managing payroll and retirement in one connected platform, and the confidence of knowing their plan is backed by dedicated retirement expertise."
— Melissa King, SVP of Products & Technology, PaylocitySolving the Fragmentation Problem
Retirement benefits are one of the most important parts of an employee's long-term financial wellbeing, yet many organizations still manage them through disconnected systems, manual file transfers, and separate employee portals. That fragmentation can create extra work for HR teams, increase the risk of errors, and make it harder for employees to engage with their savings. Paylocity addresses those challenges by embedding retirement into existing payroll and HR workflows.
What Employers and Employees Get
Retirement contributions are connected to payroll, helping reduce manual reconciliation and minimize potential errors, while employers gain centralized visibility into plan activity, contributions, and performance. Employees can view balances, update contributions, and track progress without leaving Paylocity — including through the Paylocity Mobile App — and both employers and employees have access to dedicated retirement specialists for guidance and support.
"I'm a big believer in everything living in one ecosystem. Being able to manage retirement right inside Paylocity without sending employees to another site is incredibly valuable."
— Monika Kennedy, HR Director, HydroPeptidePowered by Vestwell
Paylocity Retirement powered by Vestwell is available now for employers offering defined contribution retirement plans, including 401(k) and 403(b) plans. The partnership combines Vestwell's retirement administration technology with Paylocity's unified HCM platform to remove the barriers that have historically made retirement administration burdensome, replacing them with a seamless experience aimed at helping more workers build toward a secure financial future.
Embedded retirement. Paylocity Retirement brings plan administration and employee savings tools directly into the Paylocity HCM suite, powered by Vestwell.
Less manual work. Contributions connect to payroll, reducing reconciliation and errors while giving employers centralized visibility into plan activity and performance.
Employee self-service. Workers can view balances, update contributions, and track progress without leaving Paylocity, including via the mobile app.
Expert support. Both employers and employees have access to dedicated retirement specialists for guidance throughout the process.
Available now. The offering supports defined contribution plans including 401(k) and 403(b), live for employers today.