Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Payette Associates Inc. 401(k) Plan

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

Sponsored by Payette Associates Inc. · Massachusetts · Professional & Technical Services

What the 2023 filing shows

Payette Associates Inc. 401(k) Plan holds $41M for 177 participants — about $231,308 per participant, up 21.4% over the 2023 plan year.

$41M
total plan assets (2023 EOY)
177
covered participants
$231,308
avg assets per participant
+21.4%
assets growth YoY
Total Assets (2023)
$41M
Participants
177
Industry
Professional & Technical Services

What the Filing Says About Payette Associates Inc. 401(k) Plan

Payette Associates Inc. 401(k) Plan is a Profit Sharing retirement plan sponsored by Payette Associates Inc., headquartered in Massachusetts. As of the 2023 Form 5500 filing, the plan reports $41M in total end-of-year assets and covers 177 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 042379313, and the plan has been effective since 1986-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $34M at the beginning of 2023 to $41M at year-end — a gain of 21.4%. Net assets (after liabilities) closed the year at $41M, with reported net income of $7M 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)$34M
Total Assets (End of Year)$41M
Net Assets (End of Year)$41M
Net Income$7M
Plan TypeProfit Sharing
Employer EIN042379313
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Payette Associates Inc.)

Year Plans Participants Total Assets
2022 1 149 $34M
2023 1 177 $41M
2024 1 183 $49M

Nearby Profit Sharing Plans in Massachusetts

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Frequently Asked Questions

How much money is in the Payette Associates Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Payette Associates Inc. 401(k) Plan holds $41M in total assets with 177 participants. It is sponsored by Payette Associates Inc..
What type of plan is Payette Associates Inc. 401(k) Plan?
Payette Associates Inc. 401(k) Plan is a Profit Sharing plan. It has been effective since 1986-01-01. The plan is filed with the U.S. Department of Labor under EIN 042379313.
Who sponsors the Payette Associates Inc. 401(k) Plan?
Payette Associates Inc. 401(k) Plan is sponsored by Payette Associates Inc., located in Massachusetts. The sponsor's EIN is 042379313 and the plan operates in the Professional & Technical Services industry.
How did Payette Associates Inc. 401(k) Plan perform in 2023?
Payette Associates Inc. 401(k) Plan grew by 21.4% during 2023, moving from $34M to $41M in total assets. Net income was $7M.
Where can I find official filings for Payette Associates Inc. 401(k) Plan?
Official Form 5500 filings for Payette Associates Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042379313 or plan name at efast.dol.gov.
How does Payette Associates Inc. 401(k) Plan compare to other plans?
You can compare Payette Associates Inc. 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 042379313.

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.