401(k) · DOL Form 5500 · 2024

Payit, LLC 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
199
Participants Below avg headcount
62nd
Percentile by assets National rank
$68,455
Avg per participant Below avg balance/head
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Official DOL plan name: Payit 401(k) Retirement Plan · Sponsored by Payit, LLC · Missouri · Information & Media

$14M in assets, 199 participants

Payit, LLC's Payit 401(k) Retirement Plan reported $14M in total assets and 199 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • #1,417 in Information & Media (2,822 peers)

Coverage in Missouri

Payit 401(k) Retirement Plan covers 199 participants in Missouri, about 27% of the average Missouri filer (state average ~737 per filing). Assets: $14M.

#1,417
in Information & Media (2,822 peers)
+80.2%
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 2024 · DOL Form 5500

$13,622,571 Top 38% higher than 62% of 123,620 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 2024

Payit 401(k) Retirement 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. Payit 401(k) Retirement Plan sits mid-pack in the medium band (199 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Payit 401(k) Retirement Plan end-of-year assets rose from $8M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Payit 401(k) Retirement Plan reported net income rose from $3M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Payit 401(k) Retirement Plan reported participants rose from 138 in the plan year 2023 filing to 199 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 464175673 · Payit, LLC PY 2024 · 401(k)

Payit 401(k) Retirement Plan · $14M · 199 · 62nd

  • EBSA $14M
  • PART 199
  • TYPE 62nd
  • NET 401(k)
  • BOOK near Seamount Financial Group, Inc. Profit Sharing Plan
  • VS-ST ind #1417

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 →

Payit 401(k) Retirement Plan in the asset neighbourhood

Payit 401(k) Retirement Plan$14MSeamount Financial Group, Inc. Profit Sharing PlanSeamount Financial Group, In…$14MMann Packing Co. Ufcw Local 1096 401(k) Savings PlanMann Packing Co. Ufcw Local …$14MGranite Logistics 401(k) Plan$14MWarner Angle Hallam Jackson & Formanek, P. C. 401(k) Profit Sharing PlanWarner Angle Hallam Jackson …$14M
End-of-year total assets ($M) among Payit 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Missouri filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$14M
Net Income$5M
Employer EIN464175673
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Payit, LLC)

Sponsor-wide plan assets over time

All Payit, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$14M 223.09424602327547% vs 2022
2024 filing year
$0M$5M$10M$15M 202220232024 $4.22M $13.6M ▲ +222.7%
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 Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Payit 401(k) Retirement Plan, Total assets ($B): 0.013622571 · Participants: 199Payit 401(k) Retirement PlanEdward D. Jones & Co. Profit Sharing and 401(k) Plan, Total assets ($B): 12.368282167 · Participants: 47254Edward D. Jones & Co. Profit Sharing and 401(k) PlanBayer Corporation Savings and Retirement Plan, Total assets ($B): 10.811159993 · Participants: 19357Bayer Corporation Savings and Retirement PlanEmerson Savings Plan, Total assets ($B): 7.357409447 · Participants: 8315Emerson Savings PlanEnterprise Holdings Retirement Savings Plan, Total assets ($B): 6.521110634 · Participants: 72024Enterprise Holdings Retirement Savings PlanCentene Management Corporation Retirement Plan, Total assets ($B): 4.716699086 · Participants: 53760Centene Management Corporation Retirement Plan
Payit 401(k) Retirement Plan vs. nearby 401(k) plans in Missouri, assets vs. participants

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 Seamount Financial Group, Inc. Profit Sharing Plan in CO ($14M); by covered participants it is Cascade Services, Inc. 401(k) Plan in UT (199 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (199 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.

Frequently Asked Questions

How did Payit 401(k) Retirement Plan assets move in 2024?
Payit 401(k) Retirement Plan surged - up 80.2% during 2024, from $8M to $14M. Reported net income was $5M.
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 Seamount Financial Group, Inc. Profit Sharing Plan in CO ($14M, 4 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 Cascade Services, Inc. 401(k) Plan in UT (199 participants, N/A in assets).