401(k) · DOL Form 5500 · 2024
Payday, Inc. 401(k) Plan
Data updated 2026-08-25
- $10M
- Total assets Small plan by assets
- 804
- Participants Near avg headcount
- 57th
- Percentile by assets National rank
- $12,997
- Avg per participant Low balance/head
Official DOL plan name: Payday Retirement Savings Plan · Sponsored by Payday, Inc. · New Mexico · Professional & Technical Services
$10M in assets, 804 participants
Payday, Inc.'s Payday Retirement Savings Plan reported $10M in total assets and 804 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.
- #11,081 in Professional & Technical Services (20,173 peers)
Coverage in New Mexico
Payday Retirement Savings Plan covers 804 participants in New Mexico, 2.2x the typical New Mexico plan (state average ~365 per filing). Assets: $10M.
- #11,081
- in Professional & Technical Services (20,173 peers)
- +9.2%
- assets growth YoY
Payday Retirement Savings Plan's mid-pack asset rank among Professional & Technical Services and all filers
Payday Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$10,449,814 Top 43% higher than 57% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Payday Retirement Savings Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Payday Retirement Savings Plan sits mid-pack in the medium band (804 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Payday Retirement Savings Plan reported net income fell from $2M in the plan year 2023 filing to $893K in the plan year 2024 filing.
- Payday Retirement Savings Plan end-of-year assets rose from $10M in the plan year 2023 filing to $10M in the plan year 2024 filing.
- Payday Retirement Savings Plan reported participants rose from 760 in the plan year 2023 filing to 804 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 850413891 · Payday, Inc. PY 2024 · 401(k)
Payday Retirement Savings Plan · $10M · 804 · 57th
- BOOK $10M
- VS-ST 804
- BOY 57th
- SCH 401(k)
- EBSA near Jerry Pate Company Retirement Plan
- PART ind #11081
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 New Mexico →
Payday Retirement Savings Plan in the asset neighbourhood
New Mexico filing particulars
| Total Assets (Beginning of Year) | $10M |
|---|---|
| Net Assets (End of Year) | $10M |
| Net Income | $893K |
| Employer EIN | 850413891 |
| Plan Effective Date | 2011-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Payday, Inc.)
Sponsor-wide plan assets over time
All Payday, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $10M 34.34329578382095% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 492 | $8M |
| 2023 | 1 | 760 | $10M |
| 2024 | 1 | 804 | $10M |
Nearby 401(k) Plans in New Mexico
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Ntess Savings and Income Plan $7.2B · 15,926
- Triad 401(k) Retirement Plan $2.5B · 11,744
- Triad 401(k) Savings Plan $900M · 2,058
- Txnm Energy, Inc. Retirement Savings Plan $827M · 1,631
- Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust $648M · 2,218
Payday Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside New Mexico, the nearest 401(k) by assets is Jerry Pate Company Retirement Plan in FL ($10M); by covered participants it is Police and Fire Federal Credit Union Employees Retirement Plan in PA (804 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($10M here).
- Jerry Pate Company Retirement Plan (FL) $10M · 196
- Francotyp-Postalia Inc 401(k) Plan (IL) $10M · 119
- 1e, Inc. 401(k) Plan (NY) $10M · 65
- Compass Construction 401(k) Plan (WA) $10M · 133
Similar participant headcount
Nearest other-state filings by covered participants (804 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.