Waystar, Inc Retirement Plan — Form 5500 plan (Waystar, Inc.)

Plain-English plan 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, Waystar, Inc Retirement Plan is a benefit plan reported by Waystar, Inc. under EIN 61-1358935 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,956 participants and $130,095,825 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$130.1MPlan net assets, end of year$130,095,825
Participants2KCovered participants reported1,956
Assets / participant$66.5KComputed: assets ÷ participants$66,511 (computed)
Provider compensation$162K2 Schedule C provider row(s)$162,034
Plan sponsor
Waystar, Inc.
EIN
61-1358935
Plan number
002
Plan type
2
Location
Louisvile, KY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,956H, C20241009163056NAL0018749377001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$130.1M total assets
Net assets$130.1MLiabilities$0
Money in vs. money out
Total income / additions$37.7M
Total expenses$10.3M
Benefits paid / distributions$10.1M
Contributions
Employer$4.1M
Participant$11.4M
Full reported line items

Net assets

Total assets (EOY)
$130,095,825
Total liabilities (EOY)
$0
Net assets (EOY)
$130,095,825
Net assets (BOY)
$102,735,703

Income & contributions

Employer contributions
$4,064,797
Participant contributions
$11,448,249
Total contributions
$17,845,457
Total income / additions
$37,668,350

Expenses & distributions

Benefits paid
$10,121,049
Administrative expenses
$162,034
Total expenses
$10,308,228
Net increase / (decrease)
$27,360,122
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 26%Participant 74%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income27%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$105,861$02023
Strategic Advisors, Inc.ADVISOR$56,173not reported in the loaded dataset2023

Related Form 5500 pages