401(k) · DOL Form 5500 · 2022

Paymaster, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
518
Participants Below avg headcount
76th
Percentile by assets National rank
$35,879
Avg per participant Low balance/head
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Official DOL plan name: Paymaster, Inc. Multiple Employer 401(k) Plan · Sponsored by Paymaster, Inc. · Florida · Professional & Technical Services

$19M in assets, 518 participants

Paymaster, Inc.'s Paymaster, Inc. Multiple Employer 401(k) Plan reported $19M in total assets and 518 participants in its 2022 DOL Form 5500 filing, ranking in the 76th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #16,441 in Professional & Technical Services (21,562 peers)

Where Paymaster, Inc. Multiple Employer 401(k) Plan sits by assets

Paymaster, Inc. Multiple Employer 401(k) Plan sits in the top quartile of all filed plans by assets, $19M for 518 participants (~$35,879/participant), down 22.3% in 2022.

#16,441
in Professional & Technical Services (21,562 peers)
-22.3%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Paymaster, Inc. Multiple Employer 401(k) Plan's outsized position by total assets

Paymaster, Inc. Multiple Employer 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$18,585,430 Top 24% higher than 76% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Paymaster, Inc. Multiple Employer 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Paymaster, Inc. Multiple Employer 401(k) Plan sits mid-pack in the medium band (518 participants).

Form 5500 schedule snapshot

Filing strip 650580656 · Paymaster, Inc. PY 2022 · 401(k)

Paymaster, Inc. Multiple Employer 401(k) Plan · $19M · 518 · 76th

  • PCT $19M
  • EIN 518
  • RANK 76th
  • PHOTO 401(k)
  • IND near Degol Organization LP 401(k) Profit Sharing Plan
  • EOY ind #16441

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Florida →

Paymaster, Inc. Multiple Employer 401(k) Plan in the asset neighbourhood

Paymaster, Inc. Multiple Employer 401(k) PlanPaymaster, Inc. Multiple Emp…$19MDegol Organization LP 401(k) Profit Sharing PlanDegol Organization LP 401(k)…$19MTanner LLC Retirement Plan$19MWorkcare, Inc. Retirement Savings PlanWorkcare, Inc. Retirement Sa…$19MSunmark Credit Union 401(k) PlanSunmark Credit Union 401(k) …$19M
End-of-year total assets ($M) among Paymaster, Inc. Multiple Employer 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$19M
Net Income-$2M
Employer EIN650580656
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Paymaster, Inc.)

Sponsor-wide plan assets over time

All Paymaster, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 33.16386007749081% vs 2022
2024 filing year
$16M$18M$20M$22M$24M$26M 202220232024 $18.6M $24.8M ▲ +33.1%
Year Plans Participants Total Assets
2022 1 518 $19M
2023 1 482 $21M
2024 1 479 $25M

Nearby 401(k) Plans in Florida

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

Paymaster, Inc. Multiple Employer 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Paymaster, Inc. Multiple Employer 401(k) Plan, Total assets ($B): 0.01858543 · Participants: 518Paymaster, Inc. Multiple Employer 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 12.863481581 · Participants: 41096L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pricewatercoopers LLP, Total assets ($B): 9.121428518 · Participants: 50354Savings Plan for Employees and Partners of Pricewatercoopers LLPAdp Totalsource Retirement Savings Plan, Total assets ($B): 6.687694478 · Participants: 287453Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.05990007 · Participants: 176752Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.44531949 · Participants: 14889Nextera Energy, Inc. Employee Retirement Savings Plan
Paymaster, Inc. Multiple Employer 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Paymaster, Inc. Multiple Employer 401(k) Plan side-by-side with 3 peers →

Paymaster, Inc. Multiple Employer 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Degol Organization LP 401(k) Profit Sharing Plan in PA ($19M); by covered participants it is Oia Retirement and Savings Plan in OR (518 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($19M here).

Similar participant headcount

Nearest other-state filings by covered participants (518 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Paymaster, Inc. Multiple Employer 401(k) Plan assets move in 2022? ▼
Paymaster, Inc. Multiple Employer 401(k) Plan declined sharply - down 22.3% during 2022, from $24M to $19M. Reported net income was -$2M.
How have Paymaster, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Paymaster, Inc.'s sponsor-wide assets grew 33.2%, from $19M to $25M.
Where does Paymaster, Inc. Multiple Employer 401(k) Plan rank by assets among Form 5500 filers? ▼
Paymaster, Inc. Multiple Employer 401(k) Plan ranks in the 76th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Paymaster, Inc. Multiple Employer 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Degol Organization LP 401(k) Profit Sharing Plan in PA ($19M, 262 participants).
Which 401(k) plans cover a similar participant headcount to Paymaster, Inc. Multiple Employer 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Oia Retirement and Savings Plan in OR (518 participants, $38M in assets).

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 650580656.

Read our methodology - how this data is sourced, computed, and verified.

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