Paychex Pooled Employer 401(K) Plan — Form 5500 plan (Paychex Retirement LLC)
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, Paychex Pooled Employer 401(K) Plan is a benefit plan reported by Paychex Retirement LLC under EIN 85-3275179 and plan number 001. The latest loaded filing year is 2023. The filing reports 507,201 participants and $1,079,187,220 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Paychex Retirement LLC
- EIN
- 85-3275179
- Plan number
- 001
- Plan type
- 3
- Location
- Rochester, NY
- Latest filing year
- 2023
- Participants
- 507,201
- End-of-year plan assets
- $1,079,187,220
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 507,201 | H, C | 20241230092111NAL0010130947001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,079,187,220
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,079,187,220
- Net assets (BOY)
- $433,901,556
Income & contributions
- Employer contributions
- $120,874,109
- Participant contributions
- $429,111,720
- Total contributions
- $621,925,408
- Total income / additions
- $752,875,709
Expenses & distributions
- Benefits paid
- $73,806,424
- Administrative expenses
- $9,209,894
- Total expenses
- $87,585,794
- Net increase / (decrease)
- $665,289,915
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Paychex, Inc. | RECORDKEEPING | $6,824,567 | not reported in the loaded dataset | 2023 |
| Mesirow Financial Holdings, Inc | INVESTMENT ADVISOR/MANAGE | $276,849 | not reported in the loaded dataset | 2023 |
| Excel Wealth Management, LLC | INVESTMENT ADVISORY (PART | $247,750 | not reported in the loaded dataset | 2023 |
| Mid-Atlantic Trust Company | PLAN TRUSTEE | $246,000 | not reported in the loaded dataset | 2023 |
| 401k Generation Inc. | INVESTMENT ADVISORY (PART | $168,294 | not reported in the loaded dataset | 2023 |
| Cape Investment Advisory Inc | INVESTMENT ADVISORY (PART | $159,720 | not reported in the loaded dataset | 2023 |
| Lpl Financial | INVESTMENT ADVISORY (PART | $43,062 | not reported in the loaded dataset | 2023 |
| Rovin Capital | INVESTMENT ADVISORY (PART | $29,529 | not reported in the loaded dataset | 2023 |
| Sonoma Wealth Advisors | INVESTMENT ADVISORY (PART | $22,880 | not reported in the loaded dataset | 2023 |
| Wells Fargo Advisors | INVESTMENT ADVISORY (PART | $16,010 | not reported in the loaded dataset | 2023 |
| Cambridge Investment Research | INVESTMENT ADVISORY (PART | $15,396 | not reported in the loaded dataset | 2023 |
| Osaic Wealth, Inc. | INVESTMENT ADVISORY (PART | $14,570 | not reported in the loaded dataset | 2023 |
| Resources Investment Advisors, Inc. | INVESTMENT ADVISORY (PART | $14,097 | not reported in the loaded dataset | 2023 |
| Kestra Advisory Services, LLC | INVESTMENT ADVISORY (PART | $13,239 | not reported in the loaded dataset | 2023 |
| Ele Advisory Services, Inc. | INVESTMENT ADVISORY (PART | $12,214 | not reported in the loaded dataset | 2023 |
| Commonwealth Financial Network | INVESTMENT ADVISORY (PART | $11,879 | not reported in the loaded dataset | 2023 |
| Steel Peak Wealth Management | INVESTMENT ADVISORY (PART | $10,977 | not reported in the loaded dataset | 2023 |
| Nfp Retirement | INVESTMENT ADVISORY (PART | $9,692 | not reported in the loaded dataset | 2023 |
| Stonehenge Retirement Planners LLC | INVESTMENT ADVISORY (PART | $8,850 | not reported in the loaded dataset | 2023 |
| Sagepoint Financial, Inc. | INVESTMENT ADVISORY (PART | $8,395 | not reported in the loaded dataset | 2023 |
| Securities America Advisors | INVESTMENT ADVISORY (PART | $6,819 | not reported in the loaded dataset | 2023 |
| Ifp Advisors, Inc. | INVESTMENT ADVISORY (PART | $6,678 | not reported in the loaded dataset | 2023 |
| Delta Capital Management LLC | INVESTMENT ADVISORY (PART | $6,432 | not reported in the loaded dataset | 2023 |
| Hantz Financial Services | INVESTMENT ADVISORY (PART | $6,342 | not reported in the loaded dataset | 2023 |
| Martine Financial Co | INVESTMENT ADVISORY (PART | $6,228 | not reported in the loaded dataset | 2023 |
| Integrity Financial Corporation | INVESTMENT ADVISORY (PART | $5,795 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Paychex Retirement LLC
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Rochester, NY
- Paychex, Inc. — Schedule C compensation
- Mesirow Financial Holdings, Inc — Schedule C compensation
- Excel Wealth Management, LLC — Schedule C compensation
- Mid-Atlantic Trust Company — Schedule C compensation
- 401k Generation Inc. — Schedule C compensation
- Cape Investment Advisory Inc — Schedule C compensation
- Lpl Financial — Schedule C compensation
- Rovin Capital — Schedule C compensation
- Sonoma Wealth Advisors — Schedule C compensation
- Wells Fargo Advisors — Schedule C compensation
- Cambridge Investment Research — Schedule C compensation
- Osaic Wealth, Inc. — Schedule C compensation
- Resources Investment Advisors, Inc. — Schedule C compensation
- Kestra Advisory Services, LLC — Schedule C compensation
- Ele Advisory Services, Inc. — Schedule C compensation
- Commonwealth Financial Network — Schedule C compensation
- Steel Peak Wealth Management — Schedule C compensation
- Nfp Retirement — Schedule C compensation
- Stonehenge Retirement Planners LLC — Schedule C compensation
- Sagepoint Financial, Inc. — Schedule C compensation
- Securities America Advisors — Schedule C compensation
- Ifp Advisors, Inc. — Schedule C compensation
- Delta Capital Management LLC — Schedule C compensation
- Hantz Financial Services — Schedule C compensation
- Martine Financial Co — Schedule C compensation
- Integrity Financial Corporation — Schedule C compensation