Industries › Finance and insurance
Industry · Form 5500 business code 522300
Activities Related to Credit Intermediation (including loan brokers, check clearing, & money transmitting): retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
88 retirement plans in activities related to credit intermediation (including loan brokers, check clearing, & money transmitting) with 100 or more participants filed Form 5500 for plan year 2024 (87 defined contribution, 1 defined benefit). All Form 5500 pension filers in the group reported 117,576 participant records and $13.0B in net assets.
The median defined contribution plan held $47,411 per participant, below the national median of $53,031, and its employer put in $2,601 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $110 per participant against $123 nationally.
Employers contributed $405M and participants $652M during the year, and the plans paid out $1.06B in benefits.
In 2009 the same group numbered 78 plans with $1.51B; by 2024 it was 88 plans (up 13%) and $13.0B (up 762%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $47,411 | $53,031 | $221,403 | $86,234 |
| Employer contributions per active participant | $2,601 | $2,174 | — | $10,244 |
| Schedule C compensation per participant | $110 | $123 | $957 | $344 |
| Schedule C compensation, share of net assets | 0.21% | 0.26% | 0.43% | 0.42% |
| Administrative expenses per participant | $124 | $116 | $3,515 | $527 |
Medians across plans with 100 or more participants (85 DC and 1 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $24,758 | $47,411 | $74,760 | 85 |
| Employer contributions per active participant | $1,068 | $2,601 | $4,340 | 83 |
| Schedule C compensation per participant | $36.32 | $110 | $172 | 78 |
| Administrative expenses per participant | $33.90 | $124 | $183 | 82 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 13 | 22,846 | $3.04B | $69.8M | $132M | $72,005 | $131 |
| 2024 | 88 | 117,576 | $13.0B | $405M | $652M | $47,411 | $110 |
| 2023 | 94 | 113,704 | $11.1B | $383M | $600M | $37,868 | $104 |
| 2022 | 98 | 117,962 | $8.89B | $348M | $547M | $27,950 | $75.49 |
| 2021 | 88 | 107,921 | $10.2B | $293M | $498M | $28,906 | $79.57 |
| 2020 | 86 | 90,472 | $9.17B | $254M | $373M | $27,958 | $84.88 |
| 2019 | 87 | 80,874 | $6.30B | $210M | $314M | $23,948 | $55.47 |
| 2018 | 82 | 77,748 | $4.99B | $183M | $274M | $19,869 | $59.04 |
| 2017 | 74 | 72,301 | $5.02B | $128M | $228M | $25,165 | $33.60 |
| 2016 | 72 | 62,517 | $4.28B | $111M | $196M | $16,297 | $44.69 |
| 2015 | 76 | 85,149 | $4.04B | $100M | $198M | $17,587 | $31.76 |
| 2014 | 74 | 81,261 | $3.97B | $88.0M | $173M | $17,369 | $27.65 |
| 2013 | 72 | 77,708 | $3.74B | $82.8M | $162M | $15,161 | $22.67 |
| 2012 | 70 | 64,207 | $3.04B | $64.9M | $129M | $11,606 | $26.31 |
| 2011 | 73 | 63,302 | $2.76B | $138M | $120M | $9,647 | $20.90 |
| 2010 | 78 | 62,348 | $2.62B | $124M | $115M | $11,209 | $11.53 |
| 2009 | 78 | 60,816 | $1.51B | $94.7M | $84.6M | $9,486 | $10.52 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 87 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 87 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Visa 401(k) Plan | Visa Inc. | CA | DC | 19,688 | $5.19B | $263,761 | $15,916 | $3.90 |
| Global Payments Inc. 401(k) Plan | Global Payments Inc. | GA | DC | 17,044 | $2.58B | $151,144 | $4,520 | $44.72 |
| Crosscountry Mortgage 401(k) Retirement Savings Plan | Crosscountry Mortgage, LLC | OH | DC | 9,060 | $340M | $37,559 | $670 | $144 |
| Visa Retirement Plan | Visa Inc. | CA | DB | 5,844 | $1.29B | $221,403 | — | $957 |
| Co-Op Solutions 401(k) Retirement Plan | Cu Cooperative Systems, Inc. | CA | DC | 5,556 | $214M | $38,599 | $2,071 | $42.62 |
| Worldpay 401(k) Profit Sharing Plan | Worldpay, LLC | OH | DC | 3,911 | $407M | $104,074 | $1,284 | $33.64 |
| SHIFT4 401(k) Plan | SHIFT4 Payments, LLC | PA | DC | 3,594 | $94.9M | $26,392 | $1,357 | $5.36 |
| Curo Management 401(k) Retirement Plan | Curo Management Corporation | SC | DC | 2,665 | $62.5M | $23,443 | $1,942 | $184 |
| Incomm 401(k) Retirement Savings Plan | Interactive Communications International, Inc. | GA | DC | 2,652 | $277M | $104,308 | $3,528 | $44.38 |
| Fair Isaac 401(k) Plan | Fair Isaac Corporation | MN | DC | 2,532 | $822M | $324,476 | $6,974 | $77.48 |
| Spoton Transact 401(k) Plan | Spoton Technologies, Inc. | CA | DC | 2,422 | $37.3M | $15,390 | $2,136 | $68.82 |
| Populus Financial Group, Inc. 401(k) Profit Sharing Plan | Populus Financial Group, Inc. | TX | DC | 2,273 | $47.5M | $20,893 | $520 | $116 |
| Dandelion Payments, Inc. 401(k) Plan | Dandelion Payments, Inc. 401(k) Plan | CA | DC | 1,730 | $71.1M | $41,077 | $1,565 | $214 |
| The Pay-O-Matic Corp. 401(k) Retirement Plan | The Pay-O-Matic Corp. | NY | DC | 1,643 | $12.4M | $7,575 | $0 | $159 |
| Nab Holdings, LLC 401(k) Plan | Nab Holdings, LLC | MI | DC | 1,444 | $71.1M | $49,217 | $2,157 | $144 |
| Covius 401(k) Plan | LL Services Parent, LLC | CO | DC | 1,305 | $49.3M | $37,798 | $2,020 | $137 |
| SSMG 401(k) Profit Sharing Plan and Trust | SSMG, LLC | GA | DC | 1,228 | $2.1M | $1,719 | $66 | $30.26 |
| Marqeta 401(k) Plan | Marqeta, Inc. | CA | DC | 1,163 | $104M | $89,165 | $6,207 | $55.36 |
| Dailypay, Inc. 401(k) Retirement Plan | Dailypay, Inc. | NY | DC | 977 | $41.5M | $42,451 | $5,278 | $161 |
| Das Employee Stock Ownership Plan | Das Holdings Company, Inc. | MO | DC | 965 | $22.0M | $22,762 | $387 | — |
| Apex Fintech Services 401(k) Plan | Apex Fintech Services LLC | TX | DC | 956 | $79.8M | $83,464 | $2,859 | $9.27 |
| Circle 401(k) Plan | Circle Internet Financial, LLC | MA | DC | 948 | $71.3M | $75,231 | $8,518 | $27.10 |
| Remitly, Inc. 401(k) Plan | Remitly, Inc. | WA | DC | 906 | $57.1M | $63,019 | $3,174 | $63.12 |
| The Savings Group 401(k) Plan | The Savings Group, Inc. | TX | DC | 883 | $14.9M | $16,854 | $2,266 | $164 |
| The Fay Group 401(k) Plan | Ticg Holdings, LLC | IL | DC | 881 | $27.8M | $31,560 | $1,126 | $135 |
| Capital Management Services, LP 401(k) Retirement Plan | Capital Management Services, LP | NY | DC | 880 | $15.7M | $17,883 | $137 | $46.88 |
| F H Cann & Associates Inc. 401(k) Profit Sharing Plan & Trust | F H Cann & Associates Inc. | MA | DC | 825 | $2.7M | $3,238 | $0 | $19.34 |
| Radius Global Solutions 401(k) Plan | Radius Holdings LLC | PA | DC | 824 | $19.7M | $23,899 | $289 | $274 |
| Overland Solutions, Inc. Retirement Savings Plan | Overland Solutions, Inc. | NJ | DC | 811 | $23.2M | $28,579 | $240 | $34.16 |
| Paya-Nuvei 401(k) Plan | Paya, Inc. | GA | DC | 784 | $42.3M | $53,959 | $3,791 | $166 |
| Priority Technology Holdings, Inc. 401(k) Plan | Priority Technology Holdings, Inc. | GA | DC | 759 | $36.6M | $48,160 | $3,752 | $264 |
| 8AM 401(k) Plan | 8AM LLC | TX | DC | 707 | $51.6M | $72,966 | $6,129 | $139 |
| Best Egg 401(k) Plan | Best Egg Services, Llcf/k/a Ma | DE | DC | 695 | $52.3M | $75,194 | $6,478 | $220 |
| CMS Operations, LLC 401(k) Plan | CMS Operations, LLC | MO | DC | 687 | $15.7M | $22,862 | $622 | $137 |
| The Clearing House Incentive Account Plan | The Clearing House Payments Company LLC | NY | DC | 680 | $194M | $285,331 | $13,207 | $131 |
| Plaza Home Mortgage, Inc. 401(k) Plan | Plaza Home Mortgage, Inc. | CA | DC | 553 | $44.1M | $79,691 | $1,027 | $173 |
| Highlands Residential Mortgage, Ltd. 401(k) Plan | Highlands Residential Mortgage | TX | DC | 547 | $27.7M | $50,640 | $759 | $208 |
| Trevipay 401(k) Plan | Multi Service Technology Solutions Inc. | KS | DC | 530 | $38.2M | $72,005 | $2,670 | $152 |
| First Home Mortgage Corporation 401(k) Plan | First Home Mortgage Corporation | MD | DC | 518 | $66.9M | $129,172 | $2,983 | $156 |
| Flywire Retirement Plan | Flywire Corporation | MA | DC | 494 | $36.9M | $74,760 | $3,816 | $31.43 |
By plan size
By state
Questions and answers
How many retirement plans are there in activities related to credit intermediation (including loan brokers, check clearing, & money transmitting)?
88 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 156 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in activities related to credit intermediation (including loan brokers, check clearing, & money transmitting)?
The median defined contribution plan reported $47,411 in net assets per participant (middle half of plans: $24,758 to $74,760); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in activities related to credit intermediation (including loan brokers, check clearing, & money transmitting)?
The median defined contribution plan received $2,601 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in activities related to credit intermediation (including loan brokers, check clearing, & money transmitting)?
Among defined contribution plans that report any Schedule C compensation, the median was $110 per participant and 0.21% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.