401(k) · DOL Form 5500 · 2023

American Payroll Service LLC 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
137
Participants Small participant base
51st
Percentile by assets National rank
$50,275
Avg per participant Low balance/head
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Official DOL plan name: American Payroll Service 401(k) Retirement Plan · Sponsored by American Payroll Service LLC · Ohio · Professional & Technical Services

$7M in assets, 137 participants

American Payroll Service LLC's American Payroll Service 401(k) Retirement Plan reported $7M in total assets and 137 participants in its 2023 DOL Form 5500 filing, ranking in the 51st 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.

  • #9,980 in Professional & Technical Services (20,321 peers)

Coverage in Ohio

American Payroll Service 401(k) Retirement Plan covers 137 participants in Ohio, about 18% of the average Ohio filer (state average ~765 per filing). Assets: $7M.

#9,980
in Professional & Technical Services (20,321 peers)
+21.8%
assets growth YoY

American Payroll Service 401(k) Retirement Plan's mid-pack asset rank among Professional & Technical Services and all filers

American Payroll Service 401(k) Retirement Plan vs every filed plan by assets

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

$6,887,641 Top 49% higher than 51% 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

American Payroll Service 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Payroll Service 401(k) Retirement Plan sits mid-pack in the medium band (137 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Payroll Service 401(k) Retirement Plan reported net income rose from -$761K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • American Payroll Service 401(k) Retirement Plan reported participants rose from 112 in the plan year 2022 filing to 137 in the plan year 2023 filing.
  • American Payroll Service 401(k) Retirement Plan end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 471078916 · American Payroll Service LLC PY 2023 · 401(k)

American Payroll Service 401(k) Retirement Plan · $7M · 137 · 51st

  • VS-ST $7M
  • BOY 137
  • SCH 51st
  • EBSA 401(k)
  • PART near Inner City Law Center 401(k) Plan
  • TYPE ind #9980

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 Ohio →

American Payroll Service 401(k) Retirement Plan in the asset neighbourhood

American Payroll Service 401(k) Retirement PlanAmerican Payroll Service 401…$7MInner City Law Center 401(k) PlanInner City Law Center 401(k)…$7MNortheast Indiana Bancorp Inc. Employees' Savings & Profit Sharing Plan and TrustNortheast Indiana Bancorp In…$7MEdcor Data Services 401(k) PlanEdcor Data Services 401(k) P…$7MStreamline Healthcare Solutions, LLC 401(k) Profit Sharing Plan & TrustStreamline Healthcare Soluti…$7M
End-of-year total assets ($M) among American Payroll Service 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN471078916
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Payroll Service LLC)

Sponsor-wide plan assets over time

All American Payroll Service LLC plans reported in each filing year

Latest sponsor-wide plan assets
$7M 26.31742350465566% vs 2022
2024 filing year
$5.5M$6M$6.5M$7M$7.5M 202220232024 $5.65M $7.14M ▲ +26.4%
Year Plans Participants Total Assets
2022 1 112 $6M
2023 1 137 $7M
2024 1 146 $7M

Nearby 401(k) Plans in Ohio

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

American Payroll Service 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants American Payroll Service 401(k) Retirement Plan, Total assets ($B): 0.006887641 · Participants: 137American Payroll Service 401(k) Retirement PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
American Payroll Service 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare American Payroll Service 401(k) Retirement Plan side-by-side with 3 peers →

American Payroll Service 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Inner City Law Center 401(k) Plan in CA ($7M); by covered participants it is Valley Perinatal Services in AZ (137 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (137 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 American Payroll Service 401(k) Retirement Plan assets move in 2023? ▼
American Payroll Service 401(k) Retirement Plan grew sharply - up 21.8% during 2023, from $6M to $7M. Reported net income was $1M.
How have American Payroll Service LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Payroll Service LLC's sponsor-wide assets grew 26.3%, from $6M to $7M.
Which 401(k) plans are similar in size to American Payroll Service 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Inner City Law Center 401(k) Plan in CA ($7M, 116 participants).
Which 401(k) plans cover a similar participant headcount to American Payroll Service 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Valley Perinatal Services in AZ (137 participants, $2M 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 471078916.

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.