401(k) · DOL Form 5500 · 2022

Managed Pay 401(k) Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$10M
Total assets
369
Participants
45th
Percentile by assets

Sponsored by Managed Business Services, Inc. · Nevada · Professional & Technical Services

What the 2022 filing shows

Managed Pay 401(k) Retirement Plan holds $10M for 369 participants - about $26,843 per participant, in the lower half of filed plans by assets, down 6.6% over the 2022 plan year.

$10M
total plan assets (2022 EOY)
369
covered participants
45th
percentile by assets (of 84,055 plans)
$26,843
avg assets per participant

The plan reported a net loss of $949K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$10M
Participants
369
State
Industry
Professional & Technical Services

What the Filing Says About Managed Pay 401(k) Retirement Plan

Managed Pay 401(k) Retirement Plan is a 401(k) retirement plan sponsored by Managed Business Services, Inc., headquartered in Nevada. As of the 2022 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 369 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 880334350, and the plan has been effective since 2000-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $11M at the beginning of 2022 to $10M at year-end - a decline of 6.6%. Net assets (after liabilities) closed the year at $10M, with reported net income of $-949,013 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$11M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$-949,013
Plan Type401(k)
Employer EIN880334350
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Managed Business Services, Inc.)

Year Plans Participants Total Assets
2022 1 369 $10M
2023 1 387 $13M
2024 1 443 $13M

Nearby 401(k) Plans in Nevada

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Managed Pay 401(k) Retirement Plan?
As of the 2022 Form 5500 filing, Managed Pay 401(k) Retirement Plan holds $10M in total assets with 369 participants. It is sponsored by Managed Business Services, Inc..
What type of plan is Managed Pay 401(k) Retirement Plan?
Managed Pay 401(k) Retirement Plan is a 401(k) plan. It has been effective since 2000-01-01. The plan is filed with the U.S. Department of Labor under EIN 880334350.
Who sponsors the Managed Pay 401(k) Retirement Plan?
Managed Pay 401(k) Retirement Plan is sponsored by Managed Business Services, Inc., located in Nevada. The sponsor's EIN is 880334350 and the plan operates in the Professional & Technical Services industry.
How did Managed Pay 401(k) Retirement Plan perform in 2022?
Managed Pay 401(k) Retirement Plan declined by 6.6% during 2022, moving from $11M to $10M in total assets. Net income was $-949,013.
Where can I find official filings for Managed Pay 401(k) Retirement Plan?
Official Form 5500 filings for Managed Pay 401(k) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 880334350 or plan name at efast.dol.gov.
How does Managed Pay 401(k) Retirement Plan compare to other plans?
You can compare Managed Pay 401(k) Retirement Plan against other 401(k) plans on the plan type page, or view plans in Nevada on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 880334350.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.