401(k) · DOL Form 5500 · 2024

The Pay-O-Matic Corp. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
1,523
Participants Near avg headcount
60th
Percentile by assets National rank
$8,172
Avg per participant Low balance/head
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Official DOL plan name: The Pay-O-Matic Corp. 401(k) Retirement Plan · Sponsored by The Pay-O-Matic Corp. · New York · Finance & Insurance

$12M in assets, 1,523 participants

The Pay-O-Matic Corp.'s The Pay-O-Matic Corp. 401(k) Retirement Plan reported $12M in total assets and 1,523 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #3,795 in Finance & Insurance (8,549 peers)

The Pay-O-Matic Corp. multi-year trail

The Pay-O-Matic Corp.'s plans moved +17.5% in assets from 2022 to 2024; this filing shows The Pay-O-Matic Corp. 401(k) Retirement Plan at $12M / 1,523 participants.

#3,795
in Finance & Insurance (8,549 peers)
+13.1%
assets growth YoY

The Pay-O-Matic Corp. 401(k) Retirement Plan's mid-pack asset rank among Finance & Insurance and all filers

The Pay-O-Matic Corp. 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$12,445,254 Top 40% higher than 60% 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

The Pay-O-Matic Corp. 401(k) Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Pay-O-Matic Corp. 401(k) Retirement Plan lands in the large band (1,523 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Pay-O-Matic Corp. 401(k) Retirement Plan reported net income rose from $406K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • The Pay-O-Matic Corp. 401(k) Retirement Plan end-of-year assets rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 132651875 · The Pay-O-Matic Corp. PY 2024 · 401(k)

The Pay-O-Matic Corp. 401(k) Retirement Plan · $12M · 1,523 · 60th

  • EIN $12M
  • RANK 1,523
  • PHOTO 60th
  • IND 401(k)
  • EOY near John Evans' Sons, Incorporated Profit Sharing and Retirement Saving Plan
  • 5500 ind #3795

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 Finance & Insurance retirement plans → · Plans in New York →

The Pay-O-Matic Corp. 401(k) Retirement Plan in the asset neighbourhood

The Pay-O-Matic Corp. 401(k) Retirement PlanThe Pay-O-Matic Corp. 401(k)…$12MJohn Evans' Sons, Incorporated Profit Sharing and Retirement Saving PlanJohn Evans' Sons, Incorporat…$12MSmsc 401(k) Plan for Commercial EmployeesSmsc 401(k) Plan for Commerc…$12MEasy Auto 401(k) Plan$12MCalvert Masonry, Inc. Employee Stock Ownership and Savings PlanCalvert Masonry, Inc. Employ…$12M
End-of-year total assets ($M) among The Pay-O-Matic Corp. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

The Pay-O-Matic Corp. multi-year asset trail

Sponsor-wide plan assets over time

All The Pay-O-Matic Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 17.474108083412936% vs 2022
2024 filing year
$10M$11M$12M$13M 202220232024 $10.6M $12.5M ▲ +17.6%
Year Plans Participants Total Assets
2022 1 1,566 $11M
2023 1 1,515 $11M
2024 1 1,523 $12M

The Pay-O-Matic Corp. filing trail (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$1M
Employer EIN132651875
Plan Effective Date1988-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New York

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

The Pay-O-Matic Corp. 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants The Pay-O-Matic Corp. 401(k) Retirement Plan, Total assets ($B): 0.012445254 · Participants: 1523The Pay-O-Matic Corp. 401(k) Retirement PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
The Pay-O-Matic Corp. 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants

The Pay-O-Matic Corp. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is John Evans' Sons, Incorporated Profit Sharing and Retirement Saving Plan in PA ($12M); by covered participants it is Beacon Retirement Savings 401(a) Plan in IN (1,523 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,523 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 The Pay-O-Matic Corp. 401(k) Retirement Plan assets move in 2024?
The Pay-O-Matic Corp. 401(k) Retirement Plan grew at a solid clip - up 13.1% during 2024, from $11M to $12M. Reported net income was $1M.
How have The Pay-O-Matic Corp. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Pay-O-Matic Corp.'s sponsor-wide assets grew 17.5%, from $11M to $12M.
Which 401(k) plans are similar in size to The Pay-O-Matic Corp. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is John Evans' Sons, Incorporated Profit Sharing and Retirement Saving Plan in PA ($12M, 79 participants).
Which 401(k) plans cover a similar participant headcount to The Pay-O-Matic Corp. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Beacon Retirement Savings 401(a) Plan in IN (1,523 participants, $59M in assets).