401(k) · DOL Form 5500 · 2023

Payday, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
760
Participants Near avg headcount
58th
Percentile by assets National rank
$12,590
Avg per participant Low balance/head
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Official DOL plan name: Payday Retirement Savings Plan · Sponsored by Payday, Inc. · New Mexico · Professional & Technical Services

$10M in assets, 760 participants

Payday, Inc.'s Payday Retirement Savings Plan reported $10M in total assets and 760 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #11,398 in Professional & Technical Services (20,321 peers)

Coverage in New Mexico

Payday Retirement Savings Plan covers 760 participants in New Mexico, 2.1x the typical New Mexico plan (state average ~365 per filing). Assets: $10M.

#11,398
in Professional & Technical Services (20,321 peers)
+23.0%
assets growth YoY

Payday Retirement Savings Plan's mid-pack asset rank among Professional & Technical Services and all filers

Payday Retirement Savings Plan vs every filed plan by assets

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

$9,568,541 Top 42% higher than 58% 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

Payday Retirement Savings 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. Payday Retirement Savings Plan sits mid-pack in the medium band (760 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Payday Retirement Savings Plan reported net income rose from -$825K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Payday Retirement Savings Plan reported participants rose from 492 in the plan year 2022 filing to 760 in the plan year 2023 filing.
  • Payday Retirement Savings Plan end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 850413891 · Payday, Inc. PY 2023 · 401(k)

Payday Retirement Savings Plan · $10M · 760 · 58th

  • SCH $10M
  • EBSA 760
  • PART 58th
  • TYPE 401(k)
  • NET near Copper Queen Community Hospital 403(b) Plan
  • BOOK ind #11398

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 New Mexico →

Payday Retirement Savings Plan in the asset neighbourhood

Payday Retirement Savings PlanPayday Retirement Savings Pl…$10MCopper Queen Community Hospital 403(b) PlanCopper Queen Community Hospi…$10MLincoln Surgical Associates Ltd. 401(k) Profit-ShariLincoln Surgical Associates …$10MBrookwood Internists, PC 401(k) Profit Sharing PlanBrookwood Internists, PC 401…$10MCasto Technical Services, Inc. Employee Savings PlanCasto Technical Services, In…$10M
End-of-year total assets ($M) among Payday Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Mexico filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN850413891
Plan Effective Date2011-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Payday, Inc.)

Sponsor-wide plan assets over time

All Payday, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 34.34329578382095% vs 2022
2024 filing year
$7M$8M$9M$10M$11M 202220232024 $7.78M $10.5M ▲ +34.3%
Year Plans Participants Total Assets
2022 1 492 $8M
2023 1 760 $10M
2024 1 804 $10M

Nearby 401(k) Plans in New Mexico

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

Payday Retirement Savings Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -202468 Total assets ($B) Participants Payday Retirement Savings Plan, Total assets ($B): 0.009568541 · Participants: 760Payday Retirement Savings PlanNtess Savings and Income Plan, Total assets ($B): 6.138288212 · Participants: 14721Ntess Savings and Income PlanTriad 401(k) Retirement Plan, Total assets ($B): 2.017061751 · Participants: 10005Triad 401(k) Retirement PlanTriad 401(k) Savings Plan, Total assets ($B): 0.83962508 · Participants: 2249Triad 401(k) Savings PlanPnm Resources, Inc. Retirement Savings Plan, Total assets ($B): 0.76542965 · Participants: 1531Pnm Resources, Inc. Retirement Savings PlanApplied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.573005592 · Participants: 1962Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust
Payday Retirement Savings Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants
Compare Payday Retirement Savings Plan side-by-side with 3 peers →

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

Outside New Mexico, the nearest 401(k) by assets is Copper Queen Community Hospital 403(b) Plan in AZ ($10M); by covered participants it is Clarins USA, Inc. 401(k) Plan in NY (760 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (760 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 Payday Retirement Savings Plan assets move in 2023? ▼
Payday Retirement Savings Plan grew sharply - up 23.0% during 2023, from $8M to $10M. Reported net income was $2M.
How have Payday, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Payday, Inc.'s sponsor-wide assets grew 34.3%, from $8M to $10M.
Which 401(k) plans are similar in size to Payday Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Copper Queen Community Hospital 403(b) Plan in AZ ($10M, 383 participants).
Which 401(k) plans cover a similar participant headcount to Payday Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Clarins USA, Inc. 401(k) Plan in NY (760 participants, $44M 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 850413891.

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.