401(k) · DOL Form 5500 · 2023

Paylocity Corporation 401(k) Plan

Data updated 2026-08-25

$339M
Total assets Above avg plan size
5,415
Participants Above avg headcount
96th
Percentile by assets National rank
$62,539
Avg per participant Low balance/head
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Official DOL plan name: Paylocity 401(k) Profit Sharing Plan and Trust · Sponsored by Paylocity Corporation · Illinois · Professional & Technical Services

$339M in assets, 5,415 participants

Paylocity Corporation's Paylocity 401(k) Profit Sharing Plan and Trust reported $339M in total assets and 5,415 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #19,804 in Professional & Technical Services (20,321 peers)

Coverage in Illinois

Paylocity 401(k) Profit Sharing Plan and Trust covers 5,415 participants in Illinois, 6.9x the typical Illinois plan (state average ~779 per filing). Assets: $339M.

#19,804
in Professional & Technical Services (20,321 peers)
+42.2%
assets growth YoY
3.4×
vs typical plan assets (national mean)

Paylocity 401(k) Profit Sharing Plan and Trust's outsized position by total assets

Paylocity 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$338,648,765 Top 4% higher than 96% of 127,068 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 2023

Paylocity 401(k) Profit Sharing Plan and Trust's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Paylocity 401(k) Profit Sharing Plan and Trust lands in the large band (5,415 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Paylocity 401(k) Profit Sharing Plan and Trust reported net income rose from $4M in the plan year 2022 filing to $101M in the plan year 2023 filing.
  • Paylocity 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $238M in the plan year 2022 filing to $339M in the plan year 2023 filing.
  • Paylocity 401(k) Profit Sharing Plan and Trust reported participants rose from 4,635 in the plan year 2022 filing to 5,415 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 364227403 · Paylocity Corporation PY 2023 · 401(k)

Paylocity 401(k) Profit Sharing Plan and Trust · $339M · 5,415 · 96th

  • BOOK $339M
  • VS-ST 5,415
  • BOY 96th
  • SCH 401(k)
  • EBSA near Red Bull North America, Inc. Retirement Income Plan
  • PART ind #19804

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 Illinois →

Paylocity 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Zurn Elkay 401(k) Plan$339MCommunity Hospital of the Monterey Peninsula Tax-Sheltered Annuity PlanCommunity Hospital of the Mo…$339MRed Bull North America, Inc. Retirement Income PlanRed Bull North America, Inc.…$339MPaylocity 401(k) Profit Sharing Plan and TrustPaylocity 401(k) Profit Shar…$339MRobins Kaplan LLP Profit Sharing & Savings PlanRobins Kaplan LLP Profit Sha…$338M
End-of-year total assets ($M) among Paylocity 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$238M
Net Assets (End of Year)$339M
Net Income$101M
Employer EIN364227403
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Paylocity Corporation)

Sponsor-wide plan assets over time

All Paylocity Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$438M 84.03557260921423% vs 2022
2024 filing year
$200M$300M$400M$500M 202220232024 $238M $438M ▲ +84.0%
Year Plans Participants Total Assets
2022 1 4,635 $238M
2023 1 5,415 $339M
2024 1 6,050 $438M

Nearby 401(k) Plans in Illinois

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

Paylocity 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Paylocity 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.338648765 · Participants: 5415Paylocity 401(k) Profit Sharing Plan and TrustAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Paylocity 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Paylocity 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Scale composition for Paylocity 401(k) Profit Sharing Plan and Trust

Paylocity 401(k) Profit Sharing Plan and Trust reports $339M in end-of-year assets across 5,415 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $62,539 per participant (45% of the national average assets-per-participant) . Net income for plan year 2023 was $101M.

This plan identity (EIN 364227403, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $238M to $438M (+84.0%) while covered participants moved from 4,635 to 6,050 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,635 $238M Open filing
2023 5,415 $339M This page
2024 · index core 6,050 $438M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

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

Outside Illinois, the nearest 401(k) by assets is Red Bull North America, Inc. Retirement Income Plan in CA ($339M); by covered participants it is Amphenol Corporation Employee Savings/401(k) Plan in CT (5,415 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5,415 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Paylocity 401(k) Profit Sharing Plan and Trust assets move in 2023? ▼
Paylocity 401(k) Profit Sharing Plan and Trust surged - up 42.2% during 2023, from $238M to $339M. Reported net income was $101M.
How have Paylocity Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Paylocity Corporation's sponsor-wide assets grew 84.0%, from $238M to $438M.
Where does Paylocity 401(k) Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Paylocity 401(k) Profit Sharing Plan and Trust ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Paylocity 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Red Bull North America, Inc. Retirement Income Plan in CA ($339M, 5,186 participants).
Which 401(k) plans cover a similar participant headcount to Paylocity 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Amphenol Corporation Employee Savings/401(k) Plan in CT (5,415 participants, $672M in assets).

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 364227403.

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.