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Original filing (PDF)20251015170007NAL0010753250001
MPAY INC.
Form 5500
FILING_RECEIVED
MPAY INC. 401(K) PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
142
Accounts w/ balance
191
Plan assets (EOY)
$12.3M
Net assets (EOY)
$12.3M
How this plan invests
This plan
1 pooled trust
Schedule D
32 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
98
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
80
Participation health
100
Knocking points off
- No recordkeeper disclosed on Schedule C.
Helping the score
- Below-peer total fees (12 bps vs 29 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for MPAY INC..
Plan sponsor
Name
MPAY INC.
EIN
04-3333229
Address
19701 BETHEL CHURCH ROAD, SUITE 103 · PMB 320 · CORNELIUS, NC · 28031
Phone
(704) 609-8405
Industry
Professional & Technical Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
BRADY MARTZ & ASSOCIATES, P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
1 rowsOther
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | 45-6062081 | — | NONE | $14K | — |
Investments
32 direct securities · 1 pooled fund· $12.7M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$12.3M
32 holdings
Common Collective Trust
$433K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vang Target Retirement 2035 | — | — | — | $1.6M | 12.7% | |
| Vanguard 500 Index | — | — | — | $1.5M | 12.6% | |
| Vanguard Growth Index | — | — | — | $1.0M | 8.2% | |
| Vang Target Retirement 2050 | — | — | — | $800K | 6.5% | |
| Amer Funds Intl Gr And Inc | — | — | — | $553K | 4.5% | |
| Vang Target Retirement 2025 | — | — | — | $531K | 4.3% | |
| Vanguard Value Index | — | — | — | $487K | 4.0% | |
| Vang Target Retirement 2040 | — | — | — | $484K | 3.9% | |
| Vanguard Equity-Income | — | — | — | $482K | 3.9% | |
| Vang Target Retirement 2055 | — | — | — | $455K | 3.7% | |
| Metlife GAC Series 25053 | — | — | — | $433K | 3.5% | |
| METLIFE STABLE VALUE FUND CONTRACT RELIANCE TRUST COMPANY STABLE VALUE FUND - METLIFE GAC SERIES 25053 · EIN 46-6625485 / PN 001 | Common Collective Trust | — | — | $433K | 3.5% | |
| Vanguard Mid Cap Index | — | — | — | $432K | 3.5% | |
| Vang Target Retirement 2030 | — | — | — | $429K | 3.5% | |
| Pimco Income | — | — | — | $423K | 3.4% | |
| Vanguard Small Cap Index | — | — | — | $336K | 2.7% | |
| T Rowe Price Dividend Growth | — | — | — | $328K | 2.7% | |
| Vang Interm-Term Bond Index | — | — | — | $305K | 2.5% | |
| T Rowe Price Blue Chip Growth | — | — | — | $301K | 2.5% | |
| Vang Target Retirement 2060 | — | — | — | $250K | 2.0% | |
| Vang Target Retirement 2045 | — | — | — | $240K | 2.0% | |
| Vang Target Retirement 2065 | — | — | — | $164K | 1.3% | |
| Vang Total Intl Stock Index | — | — | — | $157K | 1.3% | |
| Notes Receivable from Participants | — | — | — | $148K | 1.2% | |
| Blkrock Infl Ptctd Bd | — | — | — | $140K | 1.1% | |
| Vanguard Ftse Social Index | — | — | — | $113K | 0.9% | |
| Fidelity Low-Priced Stock | — | — | — | $81K | 0.7% | |
| Vanguard Real Estate Index | — | — | — | $64K | 0.5% | |
| Vang Infl-Protected Secs | — | — | — | $19K | 0.2% | |
| Dfa Us Small Cap | — | — | — | $7K | <0.1% | |
| Vanguard Wellington | — | — | — | $444 | <0.1% | |
| Vang Target Retirement Income | — | — | — | $240 | <0.1% | |
| Vang Federal Money Market | — | — | — | $186 | <0.1% |
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