401(k) · DOL Form 5500 · 2024

Paychex Retirement LLC 401(k) Plan

Data updated 2026-07-24

$1.8B
Total assets: 610,098
Participants: 99th
Percentile by assets: $2,899
Avg per participant

Official DOL plan name: Paychex Pooled Employer 401(k) Plan · Sponsored by Paychex Retirement LLC · New York · Finance & Insurance

$1.8B in assets, 610,098 participants

Paychex Retirement LLC's Paychex Pooled Employer 401(k) Plan reported $1.8B in total assets and 610,098 participants in its 2024 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 116,472 plans)

Coverage in New York

Paychex Pooled Employer 401(k) Plan covers 610,098 participants in New York, 767x the typical New York plan (state average ~795 per filing). Assets: $1.8B.

$1.8B
total plan assets (2024 EOY): 610,098
covered participants: 99th
percentile by assets (of 116,472 plans): $2,899
avg assets per participant

Paychex Pooled Employer 401(k) Plan end-of-year assets rose from $1.1B in the plan year 2023 filing to $1.8B in the plan year 2024 filing.
Paychex Pooled Employer 401(k) Plan reported participants rose from 485,003 in the plan year 2023 filing to 610,098 in the plan year 2024 filing.
Paychex Pooled Employer 401(k) Plan reported net income rose from $665M in the plan year 2023 filing to $812M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New York

Industry

Finance & Insurance

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. Paychex Pooled Employer 401(k) Plan reports 610,098 participants - 767x that state average ($1.8B EOY assets).

New York filing particulars

Total Assets (Beginning of Year)	$1.1B
Net Assets (End of Year)	$1.8B
Net Income	$812M
Employer EIN	853275179
Plan Effective Date	2021-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Paychex Retirement LLC)

Total plan assets by year, all Paychex Retirement LLC plans on file

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) Plan $60.4B · 52,674
Morgan Stanley 401(k) Plan $22.2B · 53,860
Pfizer Savings Plan $22.0B · 33,309
The Pepsico Savings Plan $14.9B · 137,398
The Goldman Sachs 401(k) Plan $12.8B · 23,227

Compare Paychex Pooled Employer 401(k) Plan side-by-side with 3 peers →

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.

Kellanova Savings and Investment Plan (IL) $1.8B · 7,110
The Depository Trust & Clearing Corporation Employee Savings Plan (NJ) $1.8B · 3,651
Pmg Services, Inc. Thrift and Profit Sharing Plan (FL) $1.8B · 7,318
Pacificorp K Plus Employee Savings Plan (OR) $1.8B · 5,201

Frequently Asked Questions

How did Paychex Pooled Employer 401(k) Plan assets move in 2024? ▼

Paychex Pooled Employer 401(k) Plan surged - up 63.9% during 2024, from $1.1B to $1.8B. Reported net income was $812M.

How have Paychex Retirement LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Paychex Retirement LLC's sponsor-wide assets grew 307.6%, from $434M to $1.8B.

Where does Paychex Pooled Employer 401(k) Plan rank by assets among Form 5500 filers? ▼

Paychex Pooled Employer 401(k) Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Paychex Pooled Employer 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Kellanova Savings and Investment Plan in IL ($1.8B, 7,110 participants).

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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 853275179.

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.