401(k) · DOL Form 5500 · 2023

Payit, LLC 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets: 138
Participants Small participant base: 53rd
Percentile by assets National rank: $54,776
Avg per participant Low balance/head

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Official DOL plan name: Payit 401(k) Retirement Plan · Sponsored by Payit, LLC · Missouri · Information & Media

$8M in assets, 138 participants

Payit, LLC's Payit 401(k) Retirement Plan reported $8M in total assets and 138 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd 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.

#1,094 in Information & Media (2,818 peers)

Coverage in Missouri

Payit 401(k) Retirement Plan covers 138 participants in Missouri, about 19% of the average Missouri filer (state average ~737 per filing). Assets: $8M.

#1,094
in Information & Media (2,818 peers): +79.3%
assets growth YoY

Payit 401(k) Retirement Plan's mid-pack asset rank among Information & Media and all filers

Payit 401(k) Retirement Plan vs every filed plan by assets

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

$7,559,019 Top 47% higher than 53% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Payit 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. Payit 401(k) Retirement Plan sits mid-pack in the medium band (138 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Payit 401(k) Retirement Plan reported net income rose from $1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
Payit 401(k) Retirement Plan end-of-year assets rose from $4M in the plan year 2022 filing to $8M in the plan year 2023 filing.
Payit 401(k) Retirement Plan reported participants rose from 129 in the plan year 2022 filing to 138 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 464175673 · Payit, LLC PY 2023 · 401(k)

Payit 401(k) Retirement Plan · $8M · 138 · 53rd

TYPE $8M
NET 138
BOOK 53rd
VS-ST 401(k)
BOY near Italent Corporation 401(k) Plan & Trust
SCH ind #1094

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 Information & Media retirement plans → · Plans in Missouri →

End-of-year total assets ($M) among Payit 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Missouri filing particulars

Total Assets (Beginning of Year)	$4M
Net Assets (End of Year)	$8M
Net Income	$3M
Employer EIN	464175673
Plan Effective Date	2019-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Payit, LLC)

Latest sponsor-wide plan assets: $14M 223.09424602327547% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	129	$4M
2023	1	138	$8M
2024	1	199	$14M

Nearby 401(k) Plans in Missouri

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

Payit 401(k) Retirement Plan vs. nearby 401(k) plans in Missouri, assets vs. participants

Edward D. Jones & Co. Profit Sharing and 401(k) Plan $10.6B · 49,944
Bayer Corporation Savings and Retirement Plan $10.3B · 19,273
Enterprise Holdings Retirement Savings Plan $5.6B · 66,210
Centene Management Corporation Retirement Plan $4.0B · 53,822
Emerson Electric Company Employee Savings Investment Plan $3.6B · 10,316

Compare Payit 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside Missouri, the nearest 401(k) by assets is Italent Corporation 401(k) Plan & Trust in CA ($8M); by covered participants it is Pmt Group, Inc. Profit Sharing 401(k) Plan in CT (138 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Italent Corporation 401(k) Plan & Trust (CA) $8M · 191
Martin & Bayley, Inc 401(k) Plan (IL) $8M · 1,336
Cudahy Lumber Company Restated 401(k) Profit Sharing Plan (OR) $8M · 16
Tobar, Inc. 401(k) Profit Sharing Retirement Plan (IN) $8M · 20

Similar participant headcount

Nearest other-state filings by covered participants (138 participants); asset peers above are excluded.

Pmt Group, Inc. Profit Sharing 401(k) Plan (CT) 138 · 0 off
Continental Floral 401(k) Plan (WA) 138 · 0 off
Shaw Electric, Inc. Retirement Savings Plan (IA) 138 · 0 off
Warco Retirement Plan (NC) 138 · 0 off

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 Payit 401(k) Retirement Plan assets move in 2023? ▼

Payit 401(k) Retirement Plan surged - up 79.3% during 2023, from $4M to $8M. Reported net income was $3M.

How have Payit, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Payit, LLC's sponsor-wide assets grew 223.1%, from $4M to $14M.

Which 401(k) plans are similar in size to Payit 401(k) Retirement Plan? ▼

Among 401(k) plans in other states, the closest by assets is Italent Corporation 401(k) Plan & Trust in CA ($8M, 191 participants).

Which 401(k) plans cover a similar participant headcount to Payit 401(k) Retirement Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Pmt Group, Inc. Profit Sharing 401(k) Plan in CT (138 participants, $28M 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 464175673.