401(k) · DOL Form 5500 · 2023

Dailypay, Inc. 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
845
Participants Near avg headcount
79th
Percentile by assets National rank
$34,272
Avg per participant Low balance/head
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Official DOL plan name: Dailypay, Inc. 401(k) Retirement Plan · Sponsored by Dailypay, Inc. · New York · Finance & Insurance

$29M in assets, 845 participants

Dailypay, Inc.'s Dailypay, Inc. 401(k) Retirement Plan reported $29M in total assets and 845 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #5,978 in Finance & Insurance (8,869 peers)

Where Dailypay, Inc. 401(k) Retirement Plan sits by assets

Dailypay, Inc. 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $29M for 845 participants (~$34,272/participant), up 56.5% in 2023.

#5,978
in Finance & Insurance (8,869 peers)
+56.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Dailypay, Inc. 401(k) Retirement Plan's outsized position by total assets

Dailypay, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$28,960,147 Top 21% higher than 79% 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

Dailypay, Inc. 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. Dailypay, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (845 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Dailypay, Inc. 401(k) Retirement Plan reported participants rose from 321 in the plan year 2022 filing to 845 in the plan year 2023 filing.
  • Dailypay, Inc. 401(k) Retirement Plan end-of-year assets rose from $19M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • Dailypay, Inc. 401(k) Retirement Plan reported net income rose from $9M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 475035714 · Dailypay, Inc. PY 2023 · 401(k)

Dailypay, Inc. 401(k) Retirement Plan · $29M · 845 · 79th

  • BOY $29M
  • BOY 845
  • BOY 79th
  • BOY 401(k)
  • BOY near Tradelink LLC 401(k) Profit Sharing Plan
  • BOY ind #5978

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 →

Dailypay, Inc. 401(k) Retirement Plan in the asset neighbourhood

Dailypay, Inc. 401(k) Retirement PlanDailypay, Inc. 401(k) Retire…$29MTradelink LLC 401(k) Profit Sharing PlanTradelink LLC 401(k) Profit …$29MHr, Inc. Dba Simple Hr 401(k) PlanHr, Inc. Dba Simple Hr 401(k…$29MMorris Bank 401(k) and Employee Stock Ownership PlanMorris Bank 401(k) and Emplo…$29MUmc Physicians 401(k) Plan$29M
End-of-year total assets ($M) among Dailypay, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$29M
Net Income$10M
Employer EIN475035714
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Dailypay, Inc.)

Sponsor-wide plan assets over time

All Dailypay, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$41M 124.14590535289123% vs 2022
2024 filing year
$10M$20M$30M$40M$50M 202220232024 $18.5M $41.5M ▲ +124.2%
Year Plans Participants Total Assets
2022 1 321 $19M
2023 1 845 $29M
2024 1 663 $41M

Nearby 401(k) Plans in New York

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

Dailypay, Inc. 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 ($B) Participants Dailypay, Inc. 401(k) Retirement Plan, Total assets ($B): 0.028960147 · Participants: 845Dailypay, Inc. 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
Dailypay, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Dailypay, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

Dailypay, Inc. 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 Tradelink LLC 401(k) Profit Sharing Plan in IL ($29M); by covered participants it is US Default Group LLC 401(k) Profit Sharing Plan & Trust in FL (845 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($29M here).

Similar participant headcount

Nearest other-state filings by covered participants (845 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 Dailypay, Inc. 401(k) Retirement Plan assets move in 2023? ▼
Dailypay, Inc. 401(k) Retirement Plan surged - up 56.5% during 2023, from $19M to $29M. Reported net income was $10M.
How have Dailypay, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Dailypay, Inc.'s sponsor-wide assets grew 124.1%, from $19M to $41M.
Where does Dailypay, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Dailypay, Inc. 401(k) Retirement Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Dailypay, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tradelink LLC 401(k) Profit Sharing Plan in IL ($29M, 83 participants).
Which 401(k) plans cover a similar participant headcount to Dailypay, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is US Default Group LLC 401(k) Profit Sharing Plan & Trust in FL (845 participants, $3M 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 475035714.

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.