Paychex , Inc. 401(k) Plan: Login, Facts & Contact Information

Paychex , Inc. 401(k) Plan Facts

Plan name
PAYCHEX, INC. 401(K) INCENTIVE RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
PAYCHEX , INC.
Participants
19,991 (15,000 active employees)
Former employees with a balance
4,445
Plan assets
$2,259,114,984 at Dec 31, 2024
Average account balance
$138,946 across 16,259 accounts
Employer contributions
$37,258,766 in plan year 2024 (24% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1984
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing✓ Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 29, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $152.9 million went into the plan in contributions, $37.3 million of it from the employer (24%).
  • $221.3 million was paid out to participants.
  • Investment and other income added $320.7 million.
  • Administrative expenses were $558,865, about $34 per account.

How the Paychex , Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201917,464$1.42 billion$28.6 million$94.2 million
20209$1.27 million——
20219$1.39 million——
20229$1.18 million——
20239$1.36 million——
202419,991$2.26 billion$37.3 million$221.3 million

Paychex , Inc. 401(k) Contact Information

Phone
585-387-6200
Mailing address
911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Plan sponsor
PAYCHEX , INC.
Plan administrator
PAYCHEX, INC. 401K INCENTIVE RETIREMENT PLAN COMMITTEE
Employer identification number (EIN)
16-1124166
Plan number
001

Questions about the Paychex , Inc. 401(k)

Does Paychex , Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $37.3 million, 24% of all contributions.

Does the Paychex , Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Paychex , Inc 401(k) plan?

19,991 participants at the start of plan year 2024, 15,000 of them active employees, and 4,445 former employees who still had money in the plan.

What is the average 401(k) balance at Paychex , Inc?

About $138,946 per account: $2.26 billion in plan assets across 16,259 accounts with a balance at the end of plan year 2024.

Who manages the Paychex , Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Paychex , Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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