401(k) · DOL Form 5500 · 2023

S & W Payroll Services, LLC 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
221
Participants Below avg headcount
63rd
Percentile by assets National rank
$56,068
Avg per participant Low balance/head
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Official DOL plan name: Netchex 401(k) Plan · Sponsored by S & W Payroll Services, LLC · Louisiana · Professional & Technical Services

$12M in assets, 221 participants

S & W Payroll Services, LLC's Netchex 401(k) Plan reported $12M in total assets and 221 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • #12,661 in Professional & Technical Services (20,321 peers)

Coverage in Louisiana

Netchex 401(k) Plan covers 221 participants in Louisiana, about 45% of the average Louisiana filer (state average ~495 per filing). Assets: $12M.

#12,661
in Professional & Technical Services (20,321 peers)
+32.9%
assets growth YoY

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

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

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

$12,390,995 Top 37% higher than 63% 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

Netchex 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. Netchex 401(k) Plan sits mid-pack in the medium band (221 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Netchex 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Netchex 401(k) Plan end-of-year assets rose from $9M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Netchex 401(k) Plan reported participants fell from 252 in the plan year 2022 filing to 221 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 421592649 · S & W Payroll Services, LLC PY 2023 · 401(k)

Netchex 401(k) Plan · $12M · 221 · 63rd

  • EBSA $12M
  • PART 221
  • TYPE 63rd
  • NET 401(k)
  • BOOK near Brookwood Financial Partners, LLC 401(k) Plan
  • VS-ST ind #12661

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 Louisiana →

Netchex 401(k) Plan in the asset neighbourhood

Netchex 401(k) Plan$12MBrookwood Financial Partners, LLC 401(k) PlanBrookwood Financial Partners…$12MArnold Lumber Company 401(k) Employee Savings PlanArnold Lumber Company 401(k)…$12MLimco-Piedmont, Inc. 401(k) Retirement PlanLimco-Piedmont, Inc. 401(k) …$12MOrion Associates/Meridian Services, Inc. 401(k) Retirement PlanOrion Associates/Meridian Se…$12M
End-of-year total assets ($M) among Netchex 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Louisiana filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$12M
Net Income$3M
Employer EIN421592649
Plan Effective Date2005-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (S & W Payroll Services, LLC)

Sponsor-wide plan assets over time

All S & W Payroll Services, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$16M 69.52343276606622% vs 2022
2024 filing year
$8M$10M$12M$14M$16M$18M 202220232024 $9.32M $15.8M ▲ +69.5%
Year Plans Participants Total Assets
2022 1 252 $9M
2023 1 221 $12M
2024 1 326 $16M

Nearby 401(k) Plans in Louisiana

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

Netchex 401(k) Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Netchex 401(k) Plan, Total assets ($B): 0.012390995 · Participants: 221Netchex 401(k) PlanLumen 401(k) Savings Plan, Total assets ($B): 7.140330247 · Participants: 24522Lumen 401(k) Savings PlanSavings Plan of Entergy Corporation and Subsidiaries, Total assets ($B): 3.827701341 · Participants: 10136Savings Plan of Entergy Corporation and SubsidiariesOchsner Clinic Foundation 401(k) Plan, Total assets ($B): 2.304723514 · Participants: 31221Ochsner Clinic Foundation 401(k) PlanLouisiana Children's Medical Center Retirement and Savings Plan, Total assets ($B): 0.866658906 · Participants: 12934Louisiana Children's Medical Center Retirement and Savings PlanAmedisys Holding, LLC 401(k) Plan, Total assets ($B): 0.849210896 · Participants: 20100Amedisys Holding, LLC 401(k) Plan
Netchex 401(k) Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants
Compare Netchex 401(k) Plan side-by-side with 3 peers →

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

Outside Louisiana, the nearest 401(k) by assets is Brookwood Financial Partners, LLC 401(k) Plan in MA ($12M); by covered participants it is Skin Cancer and Cosmetic Dermatology 401(k) Plan a in GA (221 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (221 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 Netchex 401(k) Plan assets move in 2023? ▼
Netchex 401(k) Plan surged - up 32.9% during 2023, from $9M to $12M. Reported net income was $3M.
How have S & W Payroll Services, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), S & W Payroll Services, LLC's sponsor-wide assets grew 69.5%, from $9M to $16M.
Which 401(k) plans are similar in size to Netchex 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Brookwood Financial Partners, LLC 401(k) Plan in MA ($12M, 102 participants).
Which 401(k) plans cover a similar participant headcount to Netchex 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Skin Cancer and Cosmetic Dermatology 401(k) Plan a in GA (221 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 421592649.

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.