401(k) · DOL Form 5500 · 2023
Paychex Retirement LLC 401(k) Plan
Data updated 2026-08-11
- $1.1B
- Total assets
- 485,003
- Participants
- 99th
- Percentile by assets
- $2,225
- Avg per participant
Official DOL plan name: Paychex Pooled Employer 401(k) Plan · Sponsored by Paychex Retirement LLC · New York · Finance & Insurance
$1.1B in assets, 485,003 participants
Paychex Retirement LLC's Paychex Pooled Employer 401(k) Plan reported $1.1B in total assets and 485,003 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 127,072 plans)
- #8,656 in Finance & Insurance (8,869 peers)
Coverage in New York
Paychex Pooled Employer 401(k) Plan covers 485,003 participants in New York, 608x the typical New York plan (state average ~798 per filing). Assets: $1.1B.
- $1.1B
- total plan assets (2023 EOY)
- 485,003
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $2,225
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Paychex Pooled Employer 401(k) Plan end-of-year assets rose from $434M in the plan year 2022 filing to $1.1B in the plan year 2023 filing.
- Paychex Pooled Employer 401(k) Plan reported net income rose from $297M in the plan year 2022 filing to $665M in the plan year 2023 filing.
- Paychex Pooled Employer 401(k) Plan reported participants rose from 299,256 in the plan year 2022 filing to 485,003 in the plan year 2023 filing.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Paychex Pooled Employer 401(k) Plan reports 485,003 participants - 608x that state average ($1.1B EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $434M |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | $665M |
| Employer EIN | 853275179 |
| Plan Effective Date | 2021-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Paychex Retirement LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 299,256 | $434M |
| 2023 | 1 | 485,003 | $1.1B |
| 2024 | 1 | 610,098 | $1.8B |
Nearby 401(k) Plans in New York
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Paychex Pooled Employer 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
- IBM 401 (K) Plus Plan $57.4B · 54,912
- Pfizer Savings Plan $19.6B · 30,033
- Morgan Stanley 401(k) Plan $19.2B · 55,363
- The Pepsico Savings Plan $13.7B · 133,597
- The Goldman Sachs 401(k) Plan $11.4B · 24,866
Scale composition for Paychex Pooled Employer 401(k) Plan
Paychex Pooled Employer 401(k) Plan reports $1.1B in end-of-year assets across 485,003 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.52% of 93,925,755 covered participants) - about $2,225 per participant (2% of the national average assets-per-participant) . Net income for plan year 2023 was $665M.
This plan identity (EIN 853275179, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $434M to $1.8B (+307.6%) while covered participants moved from 299,256 to 610,098 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 299,256 | $434M | Open filing |
| 2023 | 485,003 | $1.1B | This page |
| 2024 · index core | 610,098 | $1.8B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Paychex Pooled Employer 401(k) Plan (401(k), $1.8B, 610,098 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Paychex Pooled Employer 401(k) Plan by total assets, not by location.
- Teradata Savings Plan (CA) $1.1B · 2,129
- Clean Harbors Savings and Retirement Plan (MA) $1.1B · 15,989
- The US Oncology Clinical Practice 401(k) Plan (TX) $1.1B · 4,670
- Vertex Pharmaceuticals Incorporated 401(k) Plan (MA) $1.1B · 3,789
Frequently Asked Questions
How did Paychex Pooled Employer 401(k) Plan assets move in 2023? ▼
How have Paychex Retirement LLC plan assets changed over time? ▼
Where does Paychex Pooled Employer 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Paychex Pooled Employer 401(k) Plan? ▼
Next read for Paychex Pooled Employer 401(k) Plan
Filing takeaways
Ways to act on Paychex Pooled Employer 401(k) Plan's numbers.
- By total assets, Paychex Pooled Employer 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
- Paychex Retirement LLC's sponsor-wide assets have grown 307.6% since 2022 across 3 plan years on file. More Finance & Insurance plans