Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 18 Ratings

Total
ease
features
design
support

Description

Professional Employer Organizations (PEOs) enable small to medium-sized businesses to enhance productivity by outsourcing their administrative functions. Essentially, a PEO operates as a specialized firm that handles various small business responsibilities, including payroll processing, health insurance management, compliance with the Affordable Care Act (ACA), and other human resources services. The relationship established between a business and a PEO is termed co-employment, wherein the employees of the client business become employees of the PEO as well, thereby allowing the business to mitigate certain liabilities. This arrangement empowers the client’s management team to dedicate their efforts to essential daily operations such as business growth and revenue generation. Furthermore, by managing multiple clients, the PEO can combine employees from different businesses, which effectively reduces risks and lowers insurance premiums. Additionally, this collaborative approach enables the PEO to offer an extensive array of services and access to benefit plans that may have otherwise been financially out of reach for smaller enterprises. Ultimately, partnering with a PEO not only streamlines administrative tasks but also fosters an environment where businesses can thrive.

Description

Offering your employees a Slavic-401(k) plan will help you attract and retain top talent. It will also help you create a happier, more stable workforce. Happier employees stay with your company longer, which will allow you to grow your business. You can weigh your options between a standalone 401(k), or participation in a Multiple Employee Plan (MEP). An MEP plan can save you $6,000 to $10,000 annually in audit costs (an IRS requirement for businesses 100+). An MEP does not have an individual audit requirement for your business. It is also possible to outsource the administration and fiduciary responsibility to MEP sponsors, which saves time and money. Employers can face serious problems with 401k compliance and testing. You could face penalties and fines for not properly administering your plan. This can have a devastating effect on a small business.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

isolved No 

Integrations

isolved Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

PEOcompare

Website

www.peocompare.com

Vendor Details

Company Name

Slavic401k

Founded

1995

Country

United States

Website

www.slavic401k.com/employers.html

Product Features

Payroll

401(k) Tracking No 
Attendance Management Yes 
Benefits Management Yes 
Check Printing No 
Compensation Management Yes 
Deductions Management No 
Direct Deposit Yes 
Multi-Country No 
Multi-State No 
Reporting/Analytics Yes 
Self Service Portal Yes 
Tax Compliance No 
Vacation / Leave Tracking No 
W-2 and 1099 Preparation No 
Wage Garnishment No 

Product Features

Alternatives

Alternatives

VensureHR Reviews

VensureHR

Vensure
AB401k Reviews

AB401k

Americas Best 401k
Payroll Mate Reviews

Payroll Mate

Real Business Solutions