Who sponsors the Payless Markets, Inc. 401(K) Retirement Savings Plan?

Payless Markets, Inc. 401(K) Retirement Savings Plan is reported as sponsored by Payless Markets, Inc. (EIN 98-0067166, plan number 001) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Payless Markets, Inc. 401(K) Retirement Savings Plan?

The latest Form 5500 filing year loaded for Payless Markets, Inc. 401(K) Retirement Savings Plan is 2023.

How many participants does Payless Markets, Inc. 401(K) Retirement Savings Plan report?

Payless Markets, Inc. 401(K) Retirement Savings Plan reports 782 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Payless Markets, Inc. 401(K) Retirement Savings Plan?

Payless Markets, Inc. 401(K) Retirement Savings Plan reports $16,165,236 in end-of-year plan assets in its latest loaded Form 5500 filing.

Payless Markets, Inc. 401(K) Retirement Savings Plan — Form 5500 plan (Payless Markets, 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, Payless Markets, Inc. 401(K) Retirement Savings Plan is a benefit plan reported by Payless Markets, Inc. under EIN 98-0067166 and plan number 001. The latest loaded filing year is 2023. The filing reports 782 participants and $16,165,236 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$16.2MPlan net assets, end of year$16,165,236

Participants782Covered participants reported

Assets / participant$20.7KComputed: assets ÷ participants$20,672 (computed)

Provider compensation$100.8K1 Schedule C provider row(s)$100,760

Plan sponsor: Payless Markets, Inc.
EIN: 98-0067166
Plan number: 001
Plan type: 2
Location: Hagatna, GU
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	782	H, C	20241014031133NAL0025503265001

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)$16.2M total assets

Net assets$16.2MLiabilities$0

Money in vs. money out

Total income / additions$4M

Total expenses$1.9M

Benefits paid / distributions$1.8M

Contributions

Employer$647.3K

Participant$1.1M

Full reported line items

Net assets

Total assets (EOY): $16,165,236
Total liabilities (EOY): $0
Net assets (EOY): $16,165,236
Net assets (BOY): $14,122,864

Income & contributions

Employer contributions: $647,298
Participant contributions: $1,075,783
Total contributions: $1,725,563
Total income / additions: $3,971,609

Expenses & distributions

Benefits paid: $1,828,484
Administrative expenses: $100,760
Total expenses: $1,929,244
Net increase / (decrease): $2,042,365

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)

38%62%

Employer 38%Participant 62%

Total expenses ÷ net assets12%Computed ratio

Benefits paid ÷ total income46%Computed ratio

Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Asc Trust, LLC	NONE	$100,760	not reported in the loaded dataset	2023