401(k) · DOL Form 5500 · 2023

The Pay-O-Matic Corp. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
1,515
Participants Near avg headcount
61st
Percentile by assets National rank
$7,261
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Pay-O-Matic Corp. 401(k) Retirement Plan · Sponsored by The Pay-O-Matic Corp. · New York · Finance & Insurance

$11M in assets, 1,515 participants

The Pay-O-Matic Corp.'s The Pay-O-Matic Corp. 401(k) Retirement Plan reported $11M in total assets and 1,515 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #4,027 in Finance & Insurance (8,869 peers)

The Pay-O-Matic Corp. multi-year trail

The Pay-O-Matic Corp.'s plans moved +17.5% in assets from 2022 to 2024; this filing shows The Pay-O-Matic Corp. 401(k) Retirement Plan at $11M / 1,515 participants.

#4,027
in Finance & Insurance (8,869 peers)
+3.8%
assets growth YoY

The Pay-O-Matic Corp. 401(k) Retirement Plan's mid-pack asset rank among Finance & Insurance and all filers

The Pay-O-Matic Corp. 401(k) Retirement Plan vs every filed plan by assets

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

$10,999,874 Top 39% higher than 61% 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

The Pay-O-Matic Corp. 401(k) Retirement Plan'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. The Pay-O-Matic Corp. 401(k) Retirement Plan lands in the large band (1,515 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Pay-O-Matic Corp. 401(k) Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $406K in the plan year 2023 filing.
  • The Pay-O-Matic Corp. 401(k) Retirement Plan end-of-year assets rose from $11M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • The Pay-O-Matic Corp. 401(k) Retirement Plan reported participants fell from 1,566 in the plan year 2022 filing to 1,515 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 132651875 · The Pay-O-Matic Corp. PY 2023 · 401(k)

The Pay-O-Matic Corp. 401(k) Retirement Plan · $11M · 1,515 · 61st

  • 5500 $11M
  • ASSETS 1,515
  • PCT 61st
  • EIN 401(k)
  • RANK near Perricone Juices 401(k) Retirement Savings Plan
  • PHOTO ind #4027

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 Finance & Insurance retirement plans → · Plans in New York →

The Pay-O-Matic Corp. 401(k) Retirement Plan in the asset neighbourhood

The Pay-O-Matic Corp. 401(k) Retirement PlanThe Pay-O-Matic Corp. 401(k)…$11MPerricone Juices 401(k) Retirement Savings PlanPerricone Juices 401(k) Reti…$11MKenneth's Hair Salons & Day Spas, Inc. 401(k) PlanKenneth's Hair Salons & Day …$11MEaster Seals Tristate LLC 401(k) Retirement PlanEaster Seals Tristate LLC 40…$11MUnited Security Bank Cash or Deferred Stock Ownership PlanUnited Security Bank Cash or…$11M
End-of-year total assets ($M) among The Pay-O-Matic Corp. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

The Pay-O-Matic Corp. multi-year asset trail

Sponsor-wide plan assets over time

All The Pay-O-Matic Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 17.474108083412936% vs 2022
2024 filing year
$10M$11M$12M$13M 202220232024 $10.6M $12.5M ▲ +17.6%
Year Plans Participants Total Assets
2022 1 1,566 $11M
2023 1 1,515 $11M
2024 1 1,523 $12M

The Pay-O-Matic Corp. filing trail (2023)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$11M
Net Income$406K
Employer EIN132651875
Plan Effective Date1988-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New York

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

The Pay-O-Matic Corp. 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants The Pay-O-Matic Corp. 401(k) Retirement Plan, Total assets ($B): 0.010999874 · Participants: 1515The Pay-O-Matic Corp. 401(k) Retirement PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
The Pay-O-Matic Corp. 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare The Pay-O-Matic Corp. 401(k) Retirement Plan side-by-side with 3 peers →

The Pay-O-Matic Corp. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Perricone Juices 401(k) Retirement Savings Plan in CA ($11M); by covered participants it is Panduit 401(k) and Profit Sharing Plan in IL (1,515 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,515 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 The Pay-O-Matic Corp. 401(k) Retirement Plan assets move in 2023? ▼
The Pay-O-Matic Corp. 401(k) Retirement Plan edged up modestly - up 3.8% during 2023, from $11M to $11M. Reported net income was $406K.
How have The Pay-O-Matic Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Pay-O-Matic Corp.'s sponsor-wide assets grew 17.5%, from $11M to $12M.
Which 401(k) plans are similar in size to The Pay-O-Matic Corp. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Perricone Juices 401(k) Retirement Savings Plan in CA ($11M, 291 participants).
Which 401(k) plans cover a similar participant headcount to The Pay-O-Matic Corp. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Panduit 401(k) and Profit Sharing Plan in IL (1,515 participants, $639M 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 132651875.

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.