The Pay-o-matic Corp. 401(k) Plan: Login, Facts & Contact Information
The Pay-o-matic Corp. 401(k) Login
70 former The Pay-o-matic Corp. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
The Pay-o-matic Corp. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jan 7, 2026. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $703,997 went into the plan in contributions, $82 of it from the employer (0%).
- $557,525 was paid out to participants.
- Investment and other income added $1.51 million.
- Administrative expenses were $207,239, about $247 per account.
How the The Pay-o-matic Corp. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 1,820 | $11.1 million | $2,889 | $790,018 |
| 2020 | 1,367 | $12.1 million | $290 | $1.03 million |
| 2021 | 1,621 | $13.5 million | — | $959,702 |
| 2022 | 1,690 | $10.6 million | — | $1.59 million |
| 2023 | 1,644 | $11.0 million | — | $1.66 million |
| 2024 | 1,665 | $12.4 million | $82 | $557,525 |
The Pay-o-matic Corp. 401(k) Contact Information
Questions about the The Pay-o-matic Corp. 401(k)
Does The Pay-o-matic Corp contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $82, 0% of all contributions.
Does the The Pay-o-matic Corp 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the The Pay-o-matic Corp 401(k) plan?
1,665 participants at the start of plan year 2024, 1,571 of them active employees, and 70 former employees who still had money in the plan.
What is the average 401(k) balance at The Pay-o-matic Corp?
About $14,851 per account: $12.4 million in plan assets across 838 accounts with a balance at the end of plan year 2024.
Who manages the The Pay-o-matic Corp 401(k) accounts?
Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at The Pay-o-matic Corp. How do I access my 401(k)?
Your account stays with Principal 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.