401(k) · DOL Form 5500 · 2022

Payless Shoesource, LLC 401(k) Plan

Data updated 2026-08-25

$76M
Total assets Below avg plan size
152
Participants Small participant base
91st
Percentile by assets National rank
$501,728
Avg per participant High balance/head
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Official DOL plan name: Payless 401(k) Profit Sharing Plan · Sponsored by Payless Shoesource, LLC · Kansas · Retail Trade

$76M in assets, 152 participants

Payless Shoesource, LLC's Payless 401(k) Profit Sharing Plan reported $76M in total assets and 152 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #9,070 in Retail Trade (9,519 peers)

Coverage in Kansas

Payless 401(k) Profit Sharing Plan covers 152 participants in Kansas, about 42% of the average Kansas filer (state average ~360 per filing). Assets: $76M.

#9,070
in Retail Trade (9,519 peers)
-37.1%
assets change YoY
0.8×
vs typical plan assets (national mean)

The plan reported a net loss of $45M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Payless 401(k) Profit Sharing Plan's outsized position by total assets

Payless 401(k) Profit Sharing Plan vs every filed plan by assets

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

$76,262,723 Top 9% higher than 91% 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

Payless 401(k) Profit Sharing 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. Payless 401(k) Profit Sharing Plan sits mid-pack in the medium band (152 participants).

DOL schedule card

Filing strip 480674097 · Payless Shoesource, LLC PY 2022 · 401(k)

Payless 401(k) Profit Sharing Plan · $76M · 152 · 91st

  • RANK $76M
  • RANK 152
  • RANK 91st
  • RANK 401(k)
  • RANK near Cardworks Inc. 401(k) Retirement Plan
  • RANK ind #9070

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 Retail Trade retirement plans → · Plans in Kansas →

Payless 401(k) Profit Sharing Plan in the asset neighbourhood

Giorgio Companies Profit Sharing & 401(k) PlanGiorgio Companies Profit Sha…$76MAnchor Qea 401(k) Plan$76MXtra 401(k) Savings and Retirement PlanXtra 401(k) Savings and Reti…$76MPayless 401(k) Profit Sharing PlanPayless 401(k) Profit Sharin…$76MCardworks Inc. 401(k) Retirement PlanCardworks Inc. 401(k) Retire…$76M
End-of-year total assets ($M) among Payless 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Kansas filing particulars

Total Assets (Beginning of Year)$121M
Net Assets (End of Year)$76M
Net Income-$45M
Employer EIN480674097
Plan Effective Date1996-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Payless Shoesource, LLC)

Sponsor-wide plan assets over time

All Payless Shoesource, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$66M 13.062944264395071% vs 2022
2024 filing year
$65M$70M$75M$80M 202220232024 $76.3M $66.3M ▼ -13.1%
Year Plans Participants Total Assets
2022 1 152 $76M
2023 1 120 $66M
2024 1 85 $66M

Nearby 401(k) Plans in Kansas

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

Payless 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Kansas, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Payless 401(k) Profit Sharing Plan, Total assets ($B): 0.076262723 · Participants: 152Payless 401(k) Profit Sharing PlanKoch Industries Inc Employees' Savings Plan, Total assets ($B): 3.432760938 · Participants: 11970Koch Industries Inc Employees' Savings PlanBlack & Veatch Retirement Program, Total assets ($B): 2.293186819 · Participants: 6182Black & Veatch Retirement ProgramPerformance Contracting Group, Inc. ESOP/401(k) Plan, Total assets ($B): 1.891438135 · Participants: 1231Performance Contracting Group, Inc. ESOP/401(k) PlanGarmin International, Inc. Retirement Plan, Total assets ($B): 1.415069651 · Participants: 6273Garmin International, Inc. Retirement PlanSpirit Aerosystems Holdings, Inc. Retirement & Savings Plan, Total assets ($B): 1.065726181 · Participants: 7558Spirit Aerosystems Holdings, Inc. Retirement & Savings Plan
Payless 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Kansas, assets vs. participants
Compare Payless 401(k) Profit Sharing Plan side-by-side with 3 peers →

Payless 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Kansas, the nearest 401(k) by assets is Cardworks Inc. 401(k) Retirement Plan in NY ($76M); by covered participants it is Advanced Technologies and Laboratories (Atl) International, Inc. 401(k) Plan in MD (152 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($76M here).

Similar participant headcount

Nearest other-state filings by covered participants (152 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 Payless 401(k) Profit Sharing Plan assets move in 2022? ▼
Payless 401(k) Profit Sharing Plan contracted severely - down 37.1% during 2022, from $121M to $76M. Reported net income was -$45M.
How have Payless Shoesource, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Payless Shoesource, LLC's sponsor-wide assets declined 13.1%, from $76M to $66M.
Where does Payless 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Payless 401(k) Profit Sharing Plan ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Payless 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cardworks Inc. 401(k) Retirement Plan in NY ($76M, 1,902 participants).
Which 401(k) plans cover a similar participant headcount to Payless 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Advanced Technologies and Laboratories (Atl) International, Inc. 401(k) Plan in MD (152 participants, N/A 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 480674097.

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.