401(k) · DOL Form 5500 · 2023

Waystar, Inc. 401(k) Plan

Data updated 2026-08-11

$130M
Total assets
1,351
Participants
93rd
Percentile by assets
$96,296
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Waystar, Inc Retirement Plan · Sponsored by Waystar, Inc. · Kentucky · Professional & Technical Services

$130M in assets, 1,351 participants

Waystar, Inc.'s Waystar, Inc Retirement Plan reported $130M in total assets and 1,351 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #19,117 in Professional & Technical Services (20,321 peers)

Coverage in Kentucky

Waystar, Inc Retirement Plan covers 1,351 participants in Kentucky, 2.1x the typical Kentucky plan (state average ~647 per filing). Assets: $130M.

$130M
total plan assets (2023 EOY)
1,351
covered participants
93rd
percentile by assets (of 127,072 plans)
$96,296
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Waystar, Inc Retirement Plan reported net income rose from -$13M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Waystar, Inc Retirement Plan end-of-year assets rose from $103M in the plan year 2022 filing to $130M in the plan year 2023 filing.
  • Waystar, Inc Retirement Plan reported participants rose from 1,202 in the plan year 2022 filing to 1,351 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Kentucky filers

In Kentucky, the average filing covers about 647 participants across 1,300 plans. Waystar, Inc Retirement Plan reports 1,351 participants - 2.1x that state average ($130M EOY assets).

Kentucky filing particulars

Total Assets (Beginning of Year)$103M
Net Assets (End of Year)$130M
Net Income$27M
Employer EIN611358935
Plan Effective Date2001-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Waystar, Inc.)

$80M$100M$120M$140M$160M$180M 202220232024 $103M $162M ▲ +57.4%
Total plan assets by year, all Waystar, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,202 $103M
2023 1 1,351 $130M
2024 1 1,458 $162M

Nearby 401(k) Plans in Kentucky

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

Waystar, Inc Retirement Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Waystar, Inc Retirement Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Waystar, Inc Retirem…Commonspirit Health …Humana Retirement Sa…UPS/Ipa 401(k) Savin…Scionhealth 401(k) P…Lexmark Savings Plan
Waystar, Inc Retirement Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Waystar, Inc Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Waystar, Inc Retirement Plan assets move in 2023?
Waystar, Inc Retirement Plan grew sharply - up 26.6% during 2023, from $103M to $130M. Reported net income was $27M.
How have Waystar, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Waystar, Inc.'s sponsor-wide assets grew 57.4%, from $103M to $162M.
Where does Waystar, Inc Retirement Plan rank by assets among Form 5500 filers?
Waystar, Inc Retirement Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Waystar, Inc Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Acuren Inspection, Inc. Retirement Savings Plan in CT ($130M, 2,511 participants).

Filing takeaways

Ways to act on Waystar, Inc Retirement Plan's numbers.