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Original filing (PDF)20251015105815NAL0004349281001
PAYDAY, INC.
Form 5500
FILING_RECEIVED
PAYDAY RETIREMENT SAVINGS PLAN
401(k) retirement plan
Signals · 2
~120 bps in Sched C feesNo recordkeeper disclosed
Active participants
757
Accounts w/ balance
448
Plan assets (EOY)
$10.4M
Net assets (EOY)
$10.4M
How this plan invests
This plan
53 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
86
/ 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
65
Vendor stack
80
Participation health
80
Knocking points off
- 120 bps in Schedule C fees — 313% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
- 59% balance-to-active ratio — below typical for a healthy 401(k).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for PAYDAY, INC..
Plan sponsor
Name
PAYDAY, INC.
EIN
85-0413891
Address
5011 INDIAN SCHOOL ROAD NE · ALBUQUERQUE, NM · 87110
Phone
(505) 255-5433
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
2T · Default investment account (QDIA)
2V · PEO multiple-employer plan
Audit & trust (Schedule H)
Auditor
CBIZ CPAS P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsTPA / Administrator
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SLAVIC INTEGRATED ADMINISTRATION | 65-0608221 | — | TPA | $91K | — |
| PAYDAY, INC. | 86-0413891 | — | PLAN ADMINISTRATOR | $17K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SLAVIC MUTUAL FUND MANAGEMENT CORP | 59-2749576 | — | INVEST MGMT | $17K | — |
Investments
44 direct securities· $10.5M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Admira Mutual Fund (1) | — | — | — | $2.4M | 23.3% | |
| Vanguard Intermediate-Term Bond Index Ad Mutual Fund (1) | — | — | — | $1.1M | 10.9% | |
| Fidelity FXAIX - Fidelity 500 Index Fund | — | — | — | $1.1M | 10.4% | |
| Vanguard Federal Money Market Mutual Fund (1) | — | — | — | $701K | 6.7% | |
| iShares MSCI EAFE International Index K Mutual Fund (1) | — | — | — | $581K | 5.6% | |
| Vanguard Consumer Staples Index Mutual Fund (1) | — | — | — | $474K | 4.5% | |
| T. Rowe Price PRWAX - T. Rowe Price New American Growth Fund | — | — | — | $433K | 4.1% | |
| Fidelity US Bond Index Mutual Fund (1) | — | — | — | $351K | 3.4% | |
| Vanguard Target Retirement 2050 Mutual Fund (1) | — | — | — | $337K | 3.2% | |
| Vanguard VFFVX - Vanguard Target Retirement 2055 Fund Investor Shares | — | — | — | $270K | 2.6% | |
| Vanguard Target Retirement 2035 Mutual Fund (1) | — | — | — | $242K | 2.3% | |
| Vanguard Small Cap Index Admiral Mutual Fund (1) | — | — | — | $199K | 1.9% | |
| Vanguard Target Retirement 2045 Mutual Fund (1) | — | — | — | $165K | 1.6% | |
| Vanguard Target Retirement 2040 Mutual Fund (1) | — | — | — | $156K | 1.5% | |
| Vanguard Target Retirement 2060 Mutual Fund (1) | — | — | — | $150K | 1.4% | |
| Vanguard Target Retirement 2025 Mutual Fund (1) | — | — | — | $133K | 1.3% | |
| Vanguard Growth Index Admiral Mutual Fund (1) | — | — | — | $132K | 1.3% | |
| T. Rowe Price Dividend Growth Mutual Fund (1) | — | — | — | $130K | 1.2% | |
| Vanguard Value Index Admiral Mutual Fund (1) | — | — | — | $126K | 1.2% | |
| Participant Loans 4.25% - 9.50% | — | — | — | $122K | 1.2% | |
| Notes Receivable from Participants (interest rate range 4.25% - 9.50%) | — | — | — | $122K | 1.2% | |
| American Century Mid Cap Value Mutual Fund (1) | — | — | — | $122K | 1.2% | |
| Vanguard Utilities Index Admiral Mutual Fund (1) | — | — | — | $119K | 1.1% | |
| Vanguard Mid Cap Index Admiral Mutual Fund (1) | — | — | — | $106K | 1.0% | |
| MFS Technology Mutual Fund (1) | — | — | — | $86K | 0.8% | |
| Vanguard Target Retirement 2030 Mutual Fund (1) | — | — | — | $78K | 0.7% | |
| Columbia Acorn Fund Z Mutual Fund (1) | — | — | — | $60K | 0.6% | |
| Vanguard Target Retirement 2065 Inv Mutual Fund (1) | — | — | — | $52K | 0.5% | |
| Vanguard Small Cap Growth Index Adm Mutual Fund (1) | — | — | — | $50K | 0.5% | |
| American Funds EuroPacifc R6 Mutual Fund (1) | — | — | — | $48K | 0.5% | |
| American Funds RERGX - American Funds EuroPacific Growth Fund Class R6 | — | — | — | $48K | 0.5% | |
| Vanguard Short-Term Bond Index Admiral Mutual Fund (1) | — | — | — | $46K | 0.4% | |
| Vanguard Target Retirement 2070 Mutual Fund (1) 154 Vanguard Target Retirement Income Mutual Fund (1) | — | — | — | $41K | 0.4% | |
| Vanguard Inflation Protected Securities Mutual Fund (1) | — | — | — | $40K | 0.4% | |
| Putnam High Yield Advantage Mutual Fund (1) | — | — | — | $35K | 0.3% | |
| Vanguard Short-Term Federal Admiral Mutual Fund (1) | — | — | — | $24K | 0.2% | |
| DFA Emerging Markets Core Equity Mutual Fund (1) | — | — | — | $21K | 0.2% | |
| Franklin Utilities R6 Mutual Fund (1) | — | — | — | $20K | 0.2% | |
| Calvert U.S. Lrg Capcore Respnsbl Indx A Mutual Fund (1) | — | — | — | $16K | 0.1% | |
| Vanguard Target Retirement 2020 Mutual Fund (1) | — | — | — | $14K | 0.1% | |
| Fidelity Select Natural Resources Mutual Fund (1) | — | — | — | $11K | 0.1% | |
| Vanguard VSVNX - Vanguard Target Retirement 2070 154 Vanguard VTAPX - Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares | — | — | — | $9K | <0.1% | |
| Walden Equity Fund Mutual Fund (1) | — | — | — | $2K | <0.1% | |
| Vanguard VGSLX - Vanguard Real Estate Index Fund Admiral Shares | — | — | — | $1K | <0.1% |
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