401(k) · DOL Form 5500 · 2023

Solupay Consulting LLC 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
192
Participants Below avg headcount
59th
Percentile by assets National rank
$52,697
Avg per participant Low balance/head
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Official DOL plan name: Versapay 401(k) Plan · Sponsored by Solupay Consulting LLC · Georgia · Finance & Insurance

$10M in assets, 192 participants

Solupay Consulting LLC's Versapay 401(k) Plan reported $10M in total assets and 192 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #3,864 in Finance & Insurance (8,869 peers)

Coverage in Georgia

Versapay 401(k) Plan covers 192 participants in Georgia, about 18% of the average Georgia filer (state average ~1,096 per filing). Assets: $10M.

#3,864
in Finance & Insurance (8,869 peers)
+26.4%
assets growth YoY

Versapay 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Versapay 401(k) Plan vs every filed plan by assets

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

$10,117,800 Top 41% higher than 59% 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

Versapay 401(k) 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. Versapay 401(k) Plan sits mid-pack in the medium band (192 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Versapay 401(k) Plan reported net income rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Versapay 401(k) Plan end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Versapay 401(k) Plan reported participants fell from 211 in the plan year 2022 filing to 192 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 200847158 · Solupay Consulting LLC PY 2023 · 401(k)

Versapay 401(k) Plan · $10M · 192 · 59th

  • EIN $10M
  • EIN 192
  • EIN 59th
  • EIN 401(k)
  • EIN near Merlin International, Inc. 401(k) Plan
  • EIN ind #3864

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 Georgia →

Versapay 401(k) Plan in the asset neighbourhood

Versapay 401(k) Plan$10MMerlin International, Inc. 401(k) PlanMerlin International, Inc. 4…$10MAmerica's Fence Store Inc. 401(k) Profit Sharing PlanAmerica's Fence Store Inc. 4…$10MEsi 401(k) Plan$10MPhillips Foods, Inc. 401(k) Profit Sharing PlanPhillips Foods, Inc. 401(k) …$10M
End-of-year total assets ($M) among Versapay 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Georgia filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN200847158
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Solupay Consulting LLC)

Sponsor-wide plan assets over time

All Solupay Consulting LLC plans reported in each filing year

Latest sponsor-wide plan assets
$13M 59.95779949439818% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $8.01M $12.8M ▲ +59.9%
Year Plans Participants Total Assets
2022 1 211 $8M
2023 1 192 $10M
2024 1 191 $13M

Nearby 401(k) Plans in Georgia

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

Versapay 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Versapay 401(k) Plan, Total assets ($B): 0.0101178 · Participants: 192Versapay 401(k) PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 17.183099452 · Participants: 510511The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 16.184491444 · Participants: 83136Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 13.670948783 · Participants: 13283Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 13.111089897 · Participants: 102231UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 12.585718117 · Participants: 413365The Home Depot Futurebuilder
Versapay 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Versapay 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Merlin International, Inc. 401(k) Plan in VA ($10M); by covered participants it is T Enterprises 401(k) Plan in MS (192 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (192 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 Versapay 401(k) Plan assets move in 2023?
Versapay 401(k) Plan grew sharply - up 26.4% during 2023, from $8M to $10M. Reported net income was $2M.
How have Solupay Consulting LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Solupay Consulting LLC's sponsor-wide assets grew 60.0%, from $8M to $13M.
Which 401(k) plans are similar in size to Versapay 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Merlin International, Inc. 401(k) Plan in VA ($10M, 174 participants).
Which 401(k) plans cover a similar participant headcount to Versapay 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is T Enterprises 401(k) Plan in MS (192 participants, N/A in assets).