Profit Sharing · DOL Form 5500 · 2022

Parker Medical, Inc. Profit Sharing Plan

Data updated 2026-08-11

$12M
Total assets
51
Participants
68th
Percentile by assets
$229,489
Avg per participant
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Official DOL plan name: Parker Medical, Inc. Profit Sharing Plan · Sponsored by Parker Medical, Inc. · Connecticut · Manufacturing

$12M in assets, 51 participants

Parker Medical, Inc.'s Parker Medical, Inc. Profit Sharing Plan reported $12M in total assets and 51 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • 68th percentile by assets (of 139,126 plans)
  • #11,569 in Manufacturing (20,602 peers)

Parker Medical, Inc. multi-year trail

Parker Medical, Inc.'s plans moved +17.1% in assets from 2022 to 2023; this filing shows Parker Medical, Inc. Profit Sharing Plan at $12M / 51 participants.

$12M
total plan assets (2022 EOY)
51
covered participants
68th
percentile by assets (of 139,126 plans)
$229,489
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Parker Medical, Inc. across 2 plan years on file

Across the 2 plan years Parker Medical, Inc. has on file (2022-2023), sponsor-wide plan assets have moved from $12M to $14M, a gain of 17.1%, while reported participants moved from 51 to 68 (+33.3%).

Parker Medical, Inc. multi-year asset trail

$11M$12M$13M$14M 20222023 $11.7M $13.7M â–˛ +17.1%
Total plan assets by year, all Parker Medical, Inc. plans on file
Year Plans Participants Total Assets
2022 1 51 $12M
2023 1 68 $14M

Parker Medical, Inc. filing trail (2022)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$12M
Net Income-$3M
Employer EIN061108422
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Connecticut

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Parker Medical, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants

Parker Medical, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.5 Total assets ($B) Participants Parker Medical, Inc.…North Atlantic State…The Lee Company Prof…Connecticut Children…Connecticut Laborers…Connecticut Pipetrad…
Parker Medical, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Parker Medical, Inc. Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Parker Medical, Inc. Profit Sharing Plan assets move in 2022?
Parker Medical, Inc. Profit Sharing Plan declined sharply - down 21.1% during 2022, from $15M to $12M. Reported net income was -$3M.
How have Parker Medical, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Parker Medical, Inc.'s sponsor-wide assets grew 17.1%, from $12M to $14M.
Which Profit Sharing plans are similar in size to Parker Medical, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Huron Area Center for Independence 403(b) Plan in SD ($12M, 215 participants).

Next read for Parker Medical, Inc. Profit Sharing Plan

Multi-year trail

Ways to act on Parker Medical, Inc. Profit Sharing Plan's numbers.