2023 Form 5500 filing — Payless Markets, Inc. 401(K) Retirement Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014031133NAL0025503265001) for Payless Markets, Inc. 401(K) Retirement Savings Plan, reported by Payless Markets, Inc. under EIN 98-0067166 and plan number 001. It reports 782 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$16.2MReported net assets$16,165,236
Participants782
Provider compensation$100.8K1 Schedule C row(s)$100,760
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241014031133NAL0025503265001
- Plan sponsor
- Payless Markets, Inc.
- EIN
- 98-0067166
- Plan number
- 001
- Location
- Hagatna, GU
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$16.2M total assets
Net assets$16.2MLiabilities$0
Full reported line items
- Total assets (EOY)
- $16,165,236
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,165,236
- Employer contributions
- $647,298
- Participant contributions
- $1,075,783
- Total income / additions
- $3,971,609
- Benefits paid
- $1,828,484
- Administrative expenses
- $100,760
- Total expenses
- $1,929,244
- Net increase / (decrease)
- $2,042,365
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Asc Trust, LLC | NONE | $100,760 | not reported in the loaded dataset |