401(k) · DOL Form 5500 · 2022

Parsec, Inc. 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
410
Participants Below avg headcount
86th
Percentile by assets National rank
$102,193
Avg per participant Below avg balance/head
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Official DOL plan name: Parsec, Inc. Profit Sharing/401(k) Plan · Sponsored by Parsec, Inc. · Ohio · Transportation & Warehousing

$42M in assets, 410 participants

Parsec, Inc.'s Parsec, Inc. Profit Sharing/401(k) Plan reported $42M in total assets and 410 participants in its 2022 DOL Form 5500 filing, ranking in the 86th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #3,314 in Transportation & Warehousing (3,876 peers)

Where Parsec, Inc. Profit Sharing/401(k) Plan sits by assets

Parsec, Inc. Profit Sharing/401(k) Plan sits in the top quartile of all filed plans by assets, $42M for 410 participants (~$102,193/participant), down 23.2% in 2022.

#3,314
in Transportation & Warehousing (3,876 peers)
-23.2%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Parsec, Inc. Profit Sharing/401(k) Plan's outsized position by total assets

Parsec, Inc. Profit Sharing/401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$41,899,289 Top 14% higher than 86% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Parsec, Inc. Profit Sharing/401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Parsec, Inc. Profit Sharing/401(k) Plan sits mid-pack in the medium band (410 participants).

Published 5500 schedule card

Filing strip 311411831 · Parsec, Inc. PY 2022 · 401(k)

Parsec, Inc. Profit Sharing/401(k) Plan · $42M · 410 · 86th

  • IND $42M
  • IND 410
  • IND 86th
  • IND 401(k)
  • IND near Group One Trading, L.P. Retirement Plan
  • IND ind #3314

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Transportation & Warehousing retirement plans → · Plans in Ohio →

Parsec, Inc. Profit Sharing/401(k) Plan in the asset neighbourhood

Astria Health 401(k) Plan$42MParsec, Inc. Profit Sharing/401(k) PlanParsec, Inc. Profit Sharing/…$42MGroup One Trading, L.P. Retirement PlanGroup One Trading, L.P. Reti…$42MAvenue5 Residential, LLC Employee Savings PlanAvenue5 Residential, LLC Emp…$42MWelbilt Retirement Savings PlanWelbilt Retirement Savings P…$42M
End-of-year total assets ($M) among Parsec, Inc. Profit Sharing/401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$42M
Net Income-$13M
Employer EIN311411831
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Parsec, Inc.)

Sponsor-wide plan assets over time

All Parsec, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$58M 38.0574548651649% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $41.9M $57.9M ▲ +38.1%
Year Plans Participants Total Assets
2022 1 410 $42M
2023 1 450 $49M
2024 2 699 $58M

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Parsec, Inc. Profit Sharing/401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Parsec, Inc. Profit Sharing/401(k) Plan, Total assets ($B): 0.041899289 · Participants: 410Parsec, Inc. Profit Sharing/401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Parsec, Inc. Profit Sharing/401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Parsec, Inc. Profit Sharing/401(k) Plan side-by-side with 3 peers →

Parsec, Inc. Profit Sharing/401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Group One Trading, L.P. Retirement Plan in IL ($42M); by covered participants it is Nysut Staff 401(k) Plan in NY (410 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($42M here).

Similar participant headcount

Nearest other-state filings by covered participants (410 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Parsec, Inc. Profit Sharing/401(k) Plan assets move in 2022? ▼
Parsec, Inc. Profit Sharing/401(k) Plan declined sharply - down 23.2% during 2022, from $55M to $42M. Reported net income was -$13M.
How have Parsec, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Parsec, Inc.'s sponsor-wide assets grew 38.1%, from $42M to $58M.
Where does Parsec, Inc. Profit Sharing/401(k) Plan rank by assets among Form 5500 filers? ▼
Parsec, Inc. Profit Sharing/401(k) Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Parsec, Inc. Profit Sharing/401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Group One Trading, L.P. Retirement Plan in IL ($42M, 108 participants).
Which 401(k) plans cover a similar participant headcount to Parsec, Inc. Profit Sharing/401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nysut Staff 401(k) Plan in NY (410 participants, $211M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 311411831.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.