Propel Peo, Inc. 401(k) Plan: Login, Facts & Contact Information

Propel Peo, Inc. 401(k) Plan Facts

Plan name
PROPEL HR 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PROPEL PEO, INC.
Participants
2,493 (1,496 active employees)
Former employees with a balance
941
Plan assets
$85,418,745 at Dec 31, 2024
Average account balance
$47,481 across 1,799 accounts
Employer contributions
$3,161,969 in plan year 2024 (26% of all contributions)
Recordkeeper
Slavic Integrated Administration
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1996
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $12.0 million went into the plan in contributions, $3.16 million of it from the employer (26%).
  • $12.8 million was paid out to participants.
  • Investment and other income added $9.39 million.
  • Administrative expenses were $466,128, about $259 per account.

How the Propel Peo, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,284$18.2 million$711,185$1.31 million
20201,441$22.7 million$750,376$943,378
20212,394$28.2 million$1.16 million$3.13 million
20221,794$27.4 million$1.65 million$1.35 million
20232,718$42.5 million$2.81 million$4.26 million
20242,493$85.4 million$3.16 million$12.8 million

Propel Peo, Inc. 401(k) Contact Information

Phone
864-271-7611
Mailing address
669 N. ACADEMY STREET, GREENVILLE SC 29601
Plan sponsor
PROPEL PEO, INC.
Employer identification number (EIN)
20-5888849
Plan number
333

Questions about the Propel Peo, Inc. 401(k)

Does Propel Peo, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.16 million, 26% of all contributions.

Does the Propel Peo, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Propel Peo, Inc 401(k) plan?

2,493 participants at the start of plan year 2024, 1,496 of them active employees, and 941 former employees who still had money in the plan.

What is the average 401(k) balance at Propel Peo, Inc?

About $47,481 per account: $85.4 million in plan assets across 1,799 accounts with a balance at the end of plan year 2024.

Who manages the Propel Peo, Inc 401(k) accounts?

Slavic401k (listed on the filing as SLAVIC INTEGRATED ADMINISTRATION) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Propel Peo, Inc. How do I access my 401(k)?

Your account stays with Slavic401k after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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