Plan Snapshot
- Plan Sponsor: Paycom Payroll, LLC
- Sponsor EIN: 260302465
- Sponsor Address: 7501 W MEMORIAL RD, OKLAHOMA CITY, OK, 731421404
- Plan Type: 401(k)
- Total Participants: 7,073
- Total Assets: $322.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,073 | $322.4M | $18.9M | $41.6M |
| 2023 | 6,534 | $247.2M | $16.2M | $34.7M |
| 2022 | 5,674 | $174.1M | $12.3M | $28.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $458,979 | — | $458,979 |
| ALLIANT RETIREMENT SERVI | INVESTMENT ADVISORY | $60,000 | — | $60,000 |
| HOGANTAYLOR LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HOGANTAYLOR LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $518,979
- Estimated Expense Ratio: 0.161% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $518,979 | $60,000 | $458,979 | — | — |
| 2023 | $488,302 | — | $488,302 | — | — |
| 2022 | $392,566 | $27,069 | $365,197 | — | $300 |