401(k) · DOL Form 5500 · 2023
Paylocity Corporation 401(k) Plan
Data updated 2026-08-11
- $339M
- Total assets
- 5,415
- Participants
- 96th
- Percentile by assets
- $62,539
- Avg per participant
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.
- 96th percentile by assets (of 127,072 plans)
- #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.
- $339M
- total plan assets (2023 EOY)
- 5,415
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $62,539
- avg assets per participant
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.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Paylocity 401(k) Profit Sharing Plan and Trust reports 5,415 participants - 6.9x that state average ($339M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $238M |
|---|---|
| Net Assets (End of Year) | $339M |
| Net Income | $101M |
| Employer EIN | 364227403 |
| Plan Effective Date | 1999-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Paylocity Corporation)
| 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
- Accenture United States 401(k) Match Savings Plan $17.6B · 69,974
- State Farm 401(k) Savings Plan $16.9B · 60,246
- Abbott Laboratories Stock Retirement Plan $14.5B · 38,012
- United Airlines Pilot Retirement Account Plan $14.4B · 14,959
- Walgreens Retirement Savings Plan $13.4B · 235,331
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 (401(k), $438M, 6,050 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Paylocity 401(k) Profit Sharing Plan and Trust by total assets, not by location.
- Red Bull North America, Inc. Retirement Income Plan (CA) $339M · 5,186
- Community Hospital of the Monterey Peninsula Tax-Sheltered Annuity Plan (CA) $339M · 2,603
- Robins Kaplan LLP Profit Sharing & Savings Plan (MN) $338M · 435
- Zurn Elkay 401(k) Plan (WI) $339M · 1,927
Frequently Asked Questions
How did Paylocity 401(k) Profit Sharing Plan and Trust assets move in 2023? ▼
How have Paylocity Corporation plan assets changed over time? ▼
Where does Paylocity 401(k) Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Paylocity 401(k) Profit Sharing Plan and Trust? ▼
Next read for Paylocity 401(k) Profit Sharing Plan and…
Filing takeaways
Ways to act on Paylocity 401(k) Profit Sharing Plan and Trust's numbers.
- By total assets, Paylocity 401(k) Profit Sharing Plan and Trust ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
- Paylocity Corporation's sponsor-wide assets have grown 84.0% since 2022 across 3 plan years on file. More Professional & Technical Services plans