401(k)
2023 plan-year 401(k) DOL Form 5500

Planet Payment, Inc. 401(k) Plan

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

Sponsored by Planet Payment, Inc. · New York · Professional & Technical Services

What the 2023 filing shows

Planet Payment, Inc. 401(k) Plan holds $7M for 102 participants — about $73,248 per participant, down 0.2% over the 2023 plan year.

$7M
total plan assets (2023 EOY)
102
covered participants
$73,248
avg assets per participant
-0.2%
assets change YoY

The plan reported a net loss of $17K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$7M
Participants
102
State
Industry
Professional & Technical Services

What the Filing Says About Planet Payment, Inc. 401(k) Plan

Planet Payment, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Planet Payment, Inc., headquartered in New York. As of the 2023 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 102 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 134084693, and the plan has been effective since 2004-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $7M at the beginning of 2023 to $7M at year-end — a decline of 0.2%. Net assets (after liabilities) closed the year at $7M, with reported net income of $-17,276 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)$7M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$-17,276
Plan Type401(k)
Employer EIN134084693
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Planet Payment, Inc.)

Year Plans Participants Total Assets
2022 1 93 $7M
2023 1 102 $7M
2024 1 76 N/A

Nearby 401(k) Plans in New York

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

Frequently Asked Questions

How much money is in the Planet Payment, Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Planet Payment, Inc. 401(k) Plan holds $7M in total assets with 102 participants. It is sponsored by Planet Payment, Inc..
What type of plan is Planet Payment, Inc. 401(k) Plan?
Planet Payment, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2004-01-01. The plan is filed with the U.S. Department of Labor under EIN 134084693.
Who sponsors the Planet Payment, Inc. 401(k) Plan?
Planet Payment, Inc. 401(k) Plan is sponsored by Planet Payment, Inc., located in New York. The sponsor's EIN is 134084693 and the plan operates in the Professional & Technical Services industry.
How did Planet Payment, Inc. 401(k) Plan perform in 2023?
Planet Payment, Inc. 401(k) Plan declined by 0.2% during 2023, moving from $7M to $7M in total assets. Net income was $-17,276.
Where can I find official filings for Planet Payment, Inc. 401(k) Plan?
Official Form 5500 filings for Planet Payment, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 134084693 or plan name at efast.dol.gov.
How does Planet Payment, Inc. 401(k) Plan compare to other plans?
You can compare Planet Payment, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in New York 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 134084693.

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.