Paymaster, Inc. Multiple Employer 401(K) Plan — Form 5500 plan (Paymaster, 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, Paymaster, Inc. Multiple Employer 401(K) Plan is a benefit plan reported by Paymaster, Inc. under EIN 65-0580656 and plan number 001. The latest loaded filing year is 2023. The filing reports 643 participants and $21,001,887 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Paymaster, Inc.
- EIN
- 65-0580656
- Plan number
- 001
- Plan type
- 3
- Location
- Boynton Beach, FL
- Latest filing year
- 2023
- Participants
- 643
- End-of-year plan assets
- $21,001,887
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 643 | H, C | 20250128143619NAL0013688625001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,001,887
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,001,887
- Net assets (BOY)
- $18,585,430
Income & contributions
- Employer contributions
- $687,816
- Participant contributions
- $1,640,916
- Total contributions
- $2,553,234
- Total income / additions
- $5,832,012
Expenses & distributions
- Benefits paid
- $1,200,101
- Administrative expenses
- $178,574
- Total expenses
- $1,378,675
- Net increase / (decrease)
- $4,453,337
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Slavic Integrated Administration | TPA | $87,907 | not reported in the loaded dataset | 2023 |
| Kovack Advisors Inc. | INVESTMENT ADVISORY | $33,586 | not reported in the loaded dataset | 2023 |
| Paymaster, Inc. Multiple Employer 4 | PLAN ADMINISTRATOR | $23,914 | not reported in the loaded dataset | 2023 |
| Slavic Mutual Fund Management Corp | PORTFOLIO MANAGEMENT | $21,189 | not reported in the loaded dataset | 2023 |
| Weinstein Zugman | AUDITOR | $11,978 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Paymaster, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in Boynton Beach, FL
- Slavic Integrated Administration — Schedule C compensation
- Kovack Advisors Inc. — Schedule C compensation
- Paymaster, Inc. Multiple Employer 4 — Schedule C compensation
- Slavic Mutual Fund Management Corp — Schedule C compensation
- Weinstein Zugman — Schedule C compensation