Overview
Slavic401k is a leading provider of retirement savings solutions headquartered in Boca Raton, Florida. Specializing in 401(k) plans, including Pooled Employer Plans (PEPs), Multiple Employer Plans (MEPs), and Single Employer Plans, the company boasts over 38 years of industry experience. Slavic401k serves more than 12,000 businesses and impacts over 250,000 plan participants across the United States. With an annual revenue of $41.1 million, the company employs 178 people and is noted for its strategic partnerships and commitment to excellence.
Leadership and Management
The leadership at Slavic401k is spearheaded by John Slavic, the Founder and Chief Executive Officer. With over 35 years of expertise in the securities and retirement plan industries, John Slavic has driven the company to manage more than $12 billion in assets. His academic credentials include a Master of Science in Public Administration from the University of Texas at Austin and a Bachelor of Science from Florida State University.
Key Leadership Team:
- John Slavic - Founder & CEO: Provides strategic direction and oversees all company operations, including Slavic Integrated Administration and Slavic Mutual Funds Management Corporation.
- Dominique Hennemann - Senior Vice President, Client Operations: Manages operations related to new plans, contributions, transfers, and distributions with over 20 years of experience.
- Susan Weaver - Chief Customer Officer: Directs the strategic vision for enhancing Slavic401k's customer experience.
- Dr. Ryan Aung - Chief Information and Security Officer (CIO/CISO): Manages the company’s information and security operations.
Services and Innovation
Committed to providing cost-effective retirement solutions, Slavic401k partners with Professional Employer Organizations (PEOs) and financial advisors to ensure small businesses remain competitive. By facilitating employee satisfaction and retention, they help maintain stable workforce environments. The company is dedicated to innovation and adaptability in meeting client needs.
Strategic Partnerships:
In May 2024, Slavic401k secured a substantial investment from TriSpan LLP to strengthen growth and bolster innovation within the retirement savings services sector. This investment supports Slavic401k's intentions to enhance its comprehensive 401(k) offerings.
Commitment to Excellence
Slavic401k remains dedicated to delivering top-tier advisory services through the Slavic Mutual Funds Management Corporation, registered with the SEC. The company prioritizes security, compliance, and innovation, ensuring they remain competitive amidst a rapidly evolving retirement plan landscape.
Key Competitors
In the competitive retirement savings market, Slavic401k faces numerous formidable rivals.
Guideline
Positioned as a significant competitor, Guideline offers retirement plans tailored for small businesses with transparent pricing and streamlined technology integrations. Operating from California, it serves over 57,000 businesses with $15 billion in investments. Led by CEO Kevin Busque, Guideline promotes automatic enrollment and low fees for increased retirement savings.
Human Interest
Founded in 2015, Human Interest targets small and medium-sized businesses with comprehensive 401(k) and 403(b) plans. The company integrates with over 500 payroll providers, simplifying setup and management via automated services. Headquartered in San Francisco, California, it's led by CEO Jeff Schneble, and emphasizes providing secure financial futures.
Betterment at Work
A division of Betterment LLC, Betterment at Work delivers user-friendly and affordable 401(k) solutions from its New York base. Serving over 500 employers, the company focuses on financial wellness and plan management simplification through a holistic investment platform.
401GO
Established in 2017, 401GO delivers automated, low-cost 401(k) plans, focusing on small and medium enterprises. Notable for 15-minute plan setups and robust customer support, 401GO is headquartered in West Jordan, Utah, leveraging technology to redefine traditional retirement plan management.
ForUsAll
This San Francisco-based company emphasizes employee engagement and offers 401(k) plans incorporating modern options like cryptocurrency. ForUsAll's approach caters primarily to startups and small businesses, stressing financial wellness and accessibility.
Each competitor employs unique strategies to appeal to diverse business needs through technology, cost-effectiveness, and enhanced employee experiences, challenging Slavic401k in a dynamic sector.
