401(k) · DOL Form 5500 · 2023

Paymentus Group, Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
321
Participants Below avg headcount
76th
Percentile by assets National rank
$77,052
Avg per participant Below avg balance/head
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Official DOL plan name: Paymentus Group, Inc. 401(k) Retirement Plan · Sponsored by Paymentus Group, Inc. · North Carolina · Professional & Technical Services

$25M in assets, 321 participants

Paymentus Group, Inc.'s Paymentus Group, Inc. 401(k) Retirement Plan reported $25M in total assets and 321 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #15,563 in Professional & Technical Services (20,321 peers)

Coverage in North Carolina

Paymentus Group, Inc. 401(k) Retirement Plan covers 321 participants in North Carolina, about 39% of the average North Carolina filer (state average ~819 per filing). Assets: $25M.

#15,563
in Professional & Technical Services (20,321 peers)
+48.6%
assets growth YoY
0.2×
vs typical plan assets (national mean)

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

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

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

$24,733,690 Top 24% higher than 76% 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

Paymentus Group, 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. Paymentus Group, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (321 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Paymentus Group, Inc. 401(k) Retirement Plan reported net income rose from $3M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Paymentus Group, Inc. 401(k) Retirement Plan end-of-year assets rose from $17M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Paymentus Group, Inc. 401(k) Retirement Plan reported participants fell from 341 in the plan year 2022 filing to 321 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 453079342 · Paymentus Group, Inc. PY 2023 · 401(k)

Paymentus Group, Inc. 401(k) Retirement Plan · $25M · 321 · 76th

  • VS-ST $25M
  • BOY 321
  • SCH 76th
  • EBSA 401(k)
  • PART near Equitrust Life Insurance Company Retirement Savings Plan
  • TYPE ind #15563

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 North Carolina →

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

Core Health and Fitness, LLC 401(k) Profit Sharing PlanCore Health and Fitness, LLC…$25MPaymentus Group, Inc. 401(k) Retirement PlanPaymentus Group, Inc. 401(k)…$25MEquitrust Life Insurance Company Retirement Savings PlanEquitrust Life Insurance Com…$25MEquus Employee Savings and Retirement PlanEquus Employee Savings and R…$25MM. H. Eby, Inc 401(k) Profit Sharing PlanM. H. Eby, Inc 401(k) Profit…$25M
End-of-year total assets ($M) among Paymentus Group, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$25M
Net Income$8M
Employer EIN453079342
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Paymentus Group, Inc.)

Sponsor-wide plan assets over time

All Paymentus Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$31M 88.08174950315411% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $16.6M $31.3M ▲ +88.1%
Year Plans Participants Total Assets
2022 1 341 $17M
2023 1 321 $25M
2024 1 442 $31M

Nearby 401(k) Plans in North Carolina

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

Paymentus Group, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Paymentus Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.02473369 · Participants: 321Paymentus Group, Inc. 401(k) Retirement PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Paymentus Group, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Paymentus Group, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Equitrust Life Insurance Company Retirement Savings Plan in IL ($25M); by covered participants it is Sun City Summerlin Community Association, Inc. 401(k) Plan in NV (321 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (321 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 Paymentus Group, Inc. 401(k) Retirement Plan assets move in 2023?
Paymentus Group, Inc. 401(k) Retirement Plan surged - up 48.6% during 2023, from $17M to $25M. Reported net income was $8M.
How have Paymentus Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Paymentus Group, Inc.'s sponsor-wide assets grew 88.1%, from $17M to $31M.
Where does Paymentus Group, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers?
Paymentus Group, Inc. 401(k) Retirement Plan ranks in the 76th 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 Paymentus Group, Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Equitrust Life Insurance Company Retirement Savings Plan in IL ($25M, 260 participants).
Which 401(k) plans cover a similar participant headcount to Paymentus Group, Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Sun City Summerlin Community Association, Inc. 401(k) Plan in NV (321 participants, $4M in assets).