How big is Payway, Inc.'s plan?

Payway, Inc.'s plan reported $680K in assets and 6 participants for 2023.

Original filing (PDF)20240605113751NAL0020745249001

Payway, Inc.

Name: Payway, Inc. — Payway, Inc. 401(k) Plan, Form 5500 (2023)
Creator: Payway, Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Payway, Inc. 401(k) Plan

401(k) retirement plan · Payway, Inc.'s Payway, Inc. 401(k) Plan held $680K in plan assets for 6 participants in 2023.

Active participants

Accounts w/ balance

Plan assets (EOY)

$680K

Net assets (EOY)

$680K

Plan identifiers

Payway, Inc.'s EIN is 80-0761900.

EIN 80-0761900

Plan number 001

Plan year 2023

ACK ID 20240605113751NAL0020745249001

Official Form 5500 document

Download the official 2023 Form 5500 (PDF) for Payway, Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2023 Form 5500 (PDF)

Plan features

Payway, Inc.'s plan includes profit-sharing, a 401(k) feature.

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for PAYWAY, INC..

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Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.
High average account balance (87th percentile).

Plan sponsor

Name

PAYWAY, INC.

EIN

all filings

Address

491 MAPLE STREET, NO. 305 · SUITE 305 · DANVERS, MA · 01923

Phone

(781) 771-5635

Industry

Professional & Technical Services

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2023

Plan year begin

2023-01-01

Tax period

2023-12-31

Filed

2024-06-05

Pension benefit codes

2E · Profit-sharing

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Auditor

—

Trustee / custodian

—

Trustee phone

—

Small plan (5500-SF) — Schedule H data not available.

Service providers (Schedule C)

Small plans don't disclose service providers

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