Plan5500

Paya, Inc. 401(K) Plan — Form 5500 plan (Paya, 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, Paya, Inc. 401(K) Plan is a benefit plan reported by Paya, Inc. under EIN 01-0665536 and plan number 001. The latest loaded filing year is 2023. The filing reports 444 participants and $21,400,455 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Paya, Inc.
EIN
01-0665536
Plan number
001
Plan type
2
Location
Atlanta, GA
Latest filing year
2023
Participants
444
End-of-year plan assets
$21,400,455

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023444H, C20241015164636NAL0016907843001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$21,400,455
Total liabilities (EOY)
$0
Net assets (EOY)
$21,400,455
Net assets (BOY)
$16,247,939

Income & contributions

Employer contributions
$996,645
Participant contributions
$2,423,590
Total contributions
$4,141,562
Total income / additions
$7,318,075

Expenses & distributions

Benefits paid
$2,085,908
Administrative expenses
$79,651
Total expenses
$2,165,559
Net increase / (decrease)
$5,152,516

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$61,492$02023
Alera Group Dba Alera Investment AdINVESTMENT ADVISOR$22,379not reported in the loaded dataset2023

Related Form 5500 pages