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Empower Health and Welfare Benefits Administration vs Fidelity Private Shares

Both stand on equity compensation management software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.

Empower Health and Welfare Benefits Administration

Paid AndroidiPhoneWeb

Empower combines employee enrollment access with sponsor-side eligibility, carrier administration, and reporting tools. It is designed for organizations managing benefits at scale, but pricing requires a direct inquiry.

Visit Empower Health and Welfare Benefits Administration

Fidelity Private Shares

Free plan Web

Choose Fidelity Private Shares if your private company needs equity records, governance materials, and financing scenario tools in one web platform. Launch provides a free starting tier within its stakeholder and fundraising limits. Look at Startup, Growth, or Scale when you need the additional capabilities described for those subscriptions; their prices are handled through a demo or contact request.

Visit Fidelity Private Shares

The facts

Empower Health and Welfare Benefits AdministrationFidelity Private Shares
Free planNot publishedYes
Open sourceNot publishedNot published
Runs onAndroid, iPhone, WebWeb
Lowest paid planFree or on requestFree or on request
Plans published14
MakerNot publishedNot published
Websiteempower.comfidelityprivateshares.com
On equity compensation management software#10 of 29#5 of 29

Empower Health and Welfare Benefits Administration: what it does well

  • Employee portal is available 24/7.
  • Supports guided and pick-and-choose enrollment.
  • Includes rules-based eligibility and role-based access.
  • Sponsors can use prebuilt and custom reports.
  • Lists AES-256 encryption and TLS 1.2 or higher in transit.

What to know first

  • Public pricing is not displayed.
  • Mobile access is through a browser.
  • Organizations must contact an Empower representative for pricing.

Fidelity Private Shares: what it does well

  • Tracks grants, SAFEs, notes, and preferred shares in one cap table.
  • Links equity records to organized legal documents in a data room.
  • Models dilution and future financing or exit scenarios.
  • Custom permissions support employees, lawyers, auditors, and investors.
  • Reports include 83(b) and ASC 718.

What to know first

  • Launch is limited to 25 stakeholders and less than $1M raised.
  • Startup and Growth pricing requires scheduling a demo.
  • Scale pricing requires contacting the company.

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