This article explains how PEO clients can elect to offer 401(k) and Insurance adjustments through Deel PEO to their PEO employees.

Deel PEO provides 401(k) through our partner Slavic401k. 

In this article:

• Electing to Offer 401(k)
• Changing Your Deductions

Electing to Offer 401(k)

Clients can begin to offer 401(k) to their employees through Deel PEO at any point in time. Deel PEO only provides 401(k) through our partner Slavic401k, and as such you should determine if you would like to provide 401(k) through our partner before starting this process.

If you have decided you want to begin offering 401(k) to your employees through Deel PEO, please contact Deel support and we will connect you to our implementation specialist. Once you have successfully elected 401(k) through Deel PEO, you will be able to view and manage this through the Slavic401k portal by using the following links:

• Employers
• Sponsors

If you do not want to offer 401(k) through Slavic401k, Deel can take on 401(k) deductions in payroll, but you must handle the administration.

Changing Your Deductions

The process of changing your deductions will vary slightly depending on if you offer 401(k) through Deel PEO directly; or if you are not offering 401(k) via Deel PEO but Deel makes the payroll deductions for you.

If you are offering 401(k) through Slavic / Deel PEO integration:

You can change your deductions at any time, but you must make the request 8 business days before payroll for the change to be reflected in the next payroll cycle.

How to request a change

1. The employee must log into the Slavic401k portal and process the change.
2. Log into the Slavic platform using your credentials from when you signed up on the platform during onboarding.
3. To make adjustments, please follow the instructions on page 3 of this guide, under section “Managing your investments”.
4. If you encounter any issues or have questions, please reach out to Deel Support for assistance.

If you are not offering 401(k) through Deel PEO but Deel is making deductions in payroll for you

You must make the request 8 business days before the pay date for the change to be reflected in the next payroll cycle. 

Please note that deduction change requests must only be made for the upcoming payroll cycle. 

You can bulk import employee retirement deduction information and enrollment data using the Bulk Edit feature. This allows you to upload retirement plan information for multiple employees at once.

Prerequisites

Before you can upload retirement deduction data, the retirement plan must be set up in the system. Contact your Deel implementation specialist or Customer Operations Manager to ensure your retirement plan has been configured.

How to add or update retirement deductions

Step 1 – Access the Bulk Edit feature

1. Navigate to People → People List
2. Click the three dots (•••) in the top right corner
3. Select "Bulk Edit of workers' information"

Step 2 – Download current worker data

1. Click "Download current data of workers"
2. Select "PEO" as the worker type
3. Choose the employees whose retirement information you want to update

Step 3 – Select the fields to edit

Select the retirement deduction fields you want to modify. The key fields are:

• Third-party retirement deductions (amount)
• Roth contributions (amount)

These fields are located under the "Contract" section.

Step 4 – Provide modification reasons (optional)

Add reasons for the data changes. You can provide the same reason for all changes or different reasons for each employee.

Step 5 – Download and edit the CSV file

1. Click Download to generate a CSV file with the selected employees' data
2. Open the file in a spreadsheet editor (Excel, Google Sheets, etc.)
3. Edit the retirement deduction information:
   • Deduction Type: Enter either FLAT_RATE or PERCENTAGE
   • Amount: Update the contribution amount
4. Remove the sample row (Row 2)
5. Save the file as .xlsx format

Step 6 – Upload the updated file

1. Click "Upload new data of workers"
2. Select and upload your edited CSV/XLSX file
3. Click Continue
4. Review the changes and verify all information is correct
5. Submit to complete the upload

Viewing your retirement deductions

Once the import has been completed successfully, you can view an employee's retirement deduction data in the following location:

Role Details tab 

1. Navigate to the employee's profile
2. Go to Worker Information → Role Details → Retirement Deductions tab
3. This displays:
   • Retirement deduction type (e.g., Traditional IRA, Roth 401k)
   • Amount
   • Deduction method (Flat rate or Percentage)
   • Effective date