401(k) · DOL Form 5500 · 2022

Payday Benefits, LLC 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
718
Participants Below avg headcount
35th
Percentile by assets National rank
$3,023
Avg per participant Low balance/head
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Official DOL plan name: Payday Benefits Retirement Plan · Sponsored by Payday Benefits, LLC · Utah · Professional & Technical Services

$2M in assets, 718 participants

Payday Benefits, LLC's Payday Benefits Retirement Plan reported $2M in total assets and 718 participants in its 2022 DOL Form 5500 filing, ranking in the 35th 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.

  • #6,837 in Professional & Technical Services (21,562 peers)

Payday Benefits, LLC multi-year trail

Payday Benefits, LLC's plans moved +217.4% in assets from 2022 to 2024; this filing shows Payday Benefits Retirement Plan at $2M / 718 participants.

#6,837
in Professional & Technical Services (21,562 peers)
-0.6%
assets change YoY

The plan reported a net loss of $14K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Payday Benefits Retirement Plan's mid-pack asset rank among Professional & Technical Services and all filers

Payday Benefits Retirement Plan vs every filed plan by assets

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

$2,170,519 35th percentile higher than 35% 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

Payday Benefits Retirement 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. Payday Benefits Retirement Plan sits mid-pack in the medium band (718 participants).

Form 5500 schedule snapshot

Filing strip 200416309 · Payday Benefits, LLC PY 2022 · 401(k)

Payday Benefits Retirement Plan · $2M · 718 · 35th

  • NET $2M
  • BOOK 718
  • VS-ST 35th
  • BOY 401(k)
  • SCH near Morris & Associates, Inc. 401(k) Profit Sharing Plan
  • EBSA ind #6837

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 Utah →

Payday Benefits Retirement Plan in the asset neighbourhood

Payday Benefits Retirement PlanPayday Benefits Retirement P…$2MMorris & Associates, Inc. 401(k) Profit Sharing PlanMorris & Associates, Inc. 40…$2MDlv Vision Management LLC 401(k) Profit Sharing PlanDlv Vision Management LLC 40…$2MGary J. Rosenbaum, M.D. Retirement Plan & TrustGary J. Rosenbaum, M.D. Reti…$2MIron & String Life Enhancement 401(k) PlanIron & String Life Enhanceme…$2M
End-of-year total assets ($M) among Payday Benefits Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Payday Benefits, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Payday Benefits, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$7M 217.39712944231312% vs 2022
2024 filing year
$0M$2M$4M$6M$8M 202220232024 $2.17M $6.89M ▲ +217.5%
Year Plans Participants Total Assets
2022 1 718 $2M
2023 1 913 $4M
2024 1 1,162 $7M

Payday Benefits, LLC filing trail (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$14K
Employer EIN200416309
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Utah

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

Payday Benefits Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Payday Benefits Retirement Plan, Total assets ($B): 0.002170519 · Participants: 718Payday Benefits Retirement PlanDeseret 401(k) Plan, Total assets ($B): 4.66432779 · Participants: 23455Deseret 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 3.594057 · Participants: 42446Intermountain Healthcare Savings Plus 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.478809721 · Participants: 9870Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 0.951734159 · Participants: 16878Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.588382505 · Participants: 4068Autoliv Asp, Inc. Employee Savings and Investment Plan
Payday Benefits Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Payday Benefits Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Morris & Associates, Inc. 401(k) Profit Sharing Plan in NC ($2M); by covered participants it is Alyeska Pipeline Service Company Savings and Investment Plan for Operating Company Employees in AK (718 participants). Same-state nearby plans are listed separately above.

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 Payday Benefits Retirement Plan assets move in 2022?
Payday Benefits Retirement Plan held essentially flat - down 0.6% during 2022, from $2M to $2M. Reported net income was -$14K.
How have Payday Benefits, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Payday Benefits, LLC's sponsor-wide assets grew 217.4%, from $2M to $7M.
Which 401(k) plans are similar in size to Payday Benefits Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Morris & Associates, Inc. 401(k) Profit Sharing Plan in NC ($2M, 101 participants).
Which 401(k) plans cover a similar participant headcount to Payday Benefits Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Alyeska Pipeline Service Company Savings and Investment Plan for Operating Company Employees in AK (718 participants, $331M in assets).