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Average Ratings 18 Ratings

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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

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

isolved

Integrations

isolved

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

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
Attendance Management
Benefits Management
Check Printing
Compensation Management
Deductions Management
Direct Deposit
Multi-Country
Multi-State
Reporting/Analytics
Self Service Portal
Tax Compliance
Vacation / Leave Tracking
W-2 and 1099 Preparation
Wage Garnishment

Product Features

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