PAYCOM 401(K) PLAN

At the end of 2022, the total retirement plan assets of PAYCOM 401(K) PLAN is $174,126,164.This plan was established in 2010.

At the end of 2022, the total number of retirement plan participants in PAYCOM 401(K) PLAN is 6157

In 2022, the average participant retirement account value for PAYCOM 401(K) PLAN is $28,281

In 2022, the estimated average employee contribution amount per participant for PAYCOM 401(K) PLAN is $5,303

In 2022, the estimated average employer match for an employee in PAYCOM 401(K) PLAN is approximately $2,003

In 2022, PAYCOM 401(K) PLAN allocates $12,338,019 to match its employees’ contributions, providing an employer match rate of 43.47% of their contributions

In 2022, the total retirement plan asset growth rate of PAYCOM 401(K) PLAN is -2.60%

In 2022, the estimated aggregate retirement account investment gain/loss for PAYCOM 401(K) PLAN is -16.93%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PAYCOM 401(K) PLAN is 0.23%.

Enrollment Features

PAYCOM 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.