Plan5500

2023 Form 5500 filing — Paychex Pooled Employer 401(K) 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 20241230092111NAL0010130947001) for Paychex Pooled Employer 401(K) Plan, reported by Paychex Retirement LLC under EIN 85-3275179 and plan number 001. It reports 507,201 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20241230092111NAL0010130947001
Filing year
2023
Form type
3
Plan sponsor
Paychex Retirement LLC
EIN
85-3275179
Plan number
001
Location
Rochester, NY
Participants
507,201
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$1,079,187,220
Total liabilities (EOY)
$0
Net assets (EOY)
$1,079,187,220
Employer contributions
$120,874,109
Participant contributions
$429,111,720
Total income / additions
$752,875,709
Benefits paid
$73,806,424
Administrative expenses
$9,209,894
Total expenses
$87,585,794
Net increase / (decrease)
$665,289,915
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Paychex, Inc.RECORDKEEPING$6,824,567not reported in the loaded dataset
Mesirow Financial Holdings, IncINVESTMENT ADVISOR/MANAGE$276,849not reported in the loaded dataset
Excel Wealth Management, LLCINVESTMENT ADVISORY (PART$247,750not reported in the loaded dataset
Mid-Atlantic Trust CompanyPLAN TRUSTEE$246,000not reported in the loaded dataset
401k Generation Inc.INVESTMENT ADVISORY (PART$168,294not reported in the loaded dataset
Cape Investment Advisory IncINVESTMENT ADVISORY (PART$159,720not reported in the loaded dataset
Lpl FinancialINVESTMENT ADVISORY (PART$43,062not reported in the loaded dataset
Rovin CapitalINVESTMENT ADVISORY (PART$29,529not reported in the loaded dataset
Sonoma Wealth AdvisorsINVESTMENT ADVISORY (PART$22,880not reported in the loaded dataset
Wells Fargo AdvisorsINVESTMENT ADVISORY (PART$16,010not reported in the loaded dataset
Cambridge Investment ResearchINVESTMENT ADVISORY (PART$15,396not reported in the loaded dataset
Osaic Wealth, Inc.INVESTMENT ADVISORY (PART$14,570not reported in the loaded dataset
Resources Investment Advisors, Inc.INVESTMENT ADVISORY (PART$14,097not reported in the loaded dataset
Kestra Advisory Services, LLCINVESTMENT ADVISORY (PART$13,239not reported in the loaded dataset
Ele Advisory Services, Inc.INVESTMENT ADVISORY (PART$12,214not reported in the loaded dataset
Commonwealth Financial NetworkINVESTMENT ADVISORY (PART$11,879not reported in the loaded dataset
Steel Peak Wealth ManagementINVESTMENT ADVISORY (PART$10,977not reported in the loaded dataset
Nfp RetirementINVESTMENT ADVISORY (PART$9,692not reported in the loaded dataset
Stonehenge Retirement Planners LLCINVESTMENT ADVISORY (PART$8,850not reported in the loaded dataset
Sagepoint Financial, Inc.INVESTMENT ADVISORY (PART$8,395not reported in the loaded dataset
Securities America AdvisorsINVESTMENT ADVISORY (PART$6,819not reported in the loaded dataset
Ifp Advisors, Inc.INVESTMENT ADVISORY (PART$6,678not reported in the loaded dataset
Delta Capital Management LLCINVESTMENT ADVISORY (PART$6,432not reported in the loaded dataset
Hantz Financial ServicesINVESTMENT ADVISORY (PART$6,342not reported in the loaded dataset
Martine Financial CoINVESTMENT ADVISORY (PART$6,228not reported in the loaded dataset
Integrity Financial CorporationINVESTMENT ADVISORY (PART$5,795not reported in the loaded dataset

Related Form 5500 pages