Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Paxos 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Paxos Trust Company LLC · New York · Finance & Insurance

What the 2023 filing shows

Paxos 401(k) Plan holds $14M for 269 participants — about $51,413 per participant, up 20.5% over the 2024 plan year.

$14M
total plan assets (2024 EOY)
269
covered participants
$51,413
avg assets per participant
+20.5%
assets growth YoY
Total Assets (2023)
$14M
Participants
269
State
Industry
Finance & Insurance

What the Filing Says About Paxos 401(k) Plan

Paxos 401(k) Plan is a Profit Sharing retirement plan sponsored by Paxos Trust Company LLC, headquartered in New York. As of the 2024 Form 5500 filing, the plan reports $14M in total end-of-year assets and covers 269 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 473478449, and the plan has been effective since 2023-01-03. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $11M at the beginning of 2024 to $14M at year-end — a gain of 20.5%. Net assets (after liabilities) closed the year at $14M, with reported net income of $2M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$11M
Total Assets (End of Year)$14M
Net Assets (End of Year)$14M
Net Income$2M
Plan TypeProfit Sharing
Employer EIN473478449
Plan Effective Date2023-01-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Paxos Trust Company LLC)

Year Plans Participants Total Assets
2023 1 243 $11M
2024 1 269 $14M

Nearby Profit Sharing Plans in New York

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Frequently Asked Questions

How much money is in the Paxos 401(k) Plan?
As of the 2024 Form 5500 filing, Paxos 401(k) Plan holds $14M in total assets with 269 participants. It is sponsored by Paxos Trust Company LLC.
What type of plan is Paxos 401(k) Plan?
Paxos 401(k) Plan is a Profit Sharing plan. It has been effective since 2023-01-03. The plan is filed with the U.S. Department of Labor under EIN 473478449.
Who sponsors the Paxos 401(k) Plan?
Paxos 401(k) Plan is sponsored by Paxos Trust Company LLC, located in New York. The sponsor's EIN is 473478449 and the plan operates in the Finance & Insurance industry.
How did Paxos 401(k) Plan perform in 2024?
Paxos 401(k) Plan grew by 20.5% during 2024, moving from $11M to $14M in total assets. Net income was $2M.
Where can I find official filings for Paxos 401(k) Plan?
Official Form 5500 filings for Paxos 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 473478449 or plan name at efast.dol.gov.
How does Paxos 401(k) Plan compare to other plans?
You can compare Paxos 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 473478449.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.