401(k) · DOL Form 5500 · 2022

Paren, Inc. (Dba Park Engineering) 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
34
Participants Small participant base
71st
Percentile by assets National rank
$394,710
Avg per participant High balance/head
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Official DOL plan name: Park Engineering Profit Sharing Plan · Sponsored by Paren, Inc. (Dba Park Engineering) · Hawaii · Professional & Technical Services

$13M in assets, 34 participants

Paren, Inc. (Dba Park Engineering)'s Park Engineering Profit Sharing Plan reported $13M in total assets and 34 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.

  • #15,081 in Professional & Technical Services (21,562 peers)

Paren, Inc. (Dba Park Engineering) multi-year trail

Paren, Inc. (Dba Park Engineering)'s plans moved +26.4% in assets from 2022 to 2024; this filing shows Park Engineering Profit Sharing Plan at $13M / 34 participants.

#15,081
in Professional & Technical Services (21,562 peers)
-17.3%
assets change YoY

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.

Park Engineering Profit Sharing Plan's outsized position by total assets

Park Engineering Profit Sharing Plan vs every filed plan by assets

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

$13,420,147 Top 29% higher than 71% 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

Park Engineering Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Park Engineering Profit Sharing Plan is a small filing (34 participants) on this national headcount ladder.

DOL schedule card

Filing strip 990246224 · Paren, Inc. (Dba Park Engineering) PY 2022 · 401(k)

Park Engineering Profit Sharing Plan · $13M · 34 · 71st

  • PHOTO $13M
  • PHOTO 34
  • PHOTO 71st
  • PHOTO 401(k)
  • PHOTO near Phr 401(k) Plan for Hourly Employees
  • PHOTO ind #15081

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 Professional & Technical Services retirement plans → · Plans in Hawaii →

Park Engineering Profit Sharing Plan in the asset neighbourhood

Park Engineering Profit Sharing PlanPark Engineering Profit Shar…$13MPhr 401(k) Plan for Hourly EmployeesPhr 401(k) Plan for Hourly E…$13MDgoc Employee Retirement Plan$13MRxsight, Inc. 401(k) Plan$13MCurana Health LLC 401(k) Plan$13M
End-of-year total assets ($M) among Park Engineering Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Paren, Inc. (Dba Park Engineering) multi-year asset trail

Sponsor-wide plan assets over time

All Paren, Inc. (Dba Park Engineering) plans reported in each filing year

Latest sponsor-wide plan assets
$33M 26.398245707639607% vs 2022
2024 filing year
$25M$30M$35M 202220232024 $26.3M $33.2M ▲ +26.4%
Year Plans Participants Total Assets
2022 2 66 $26M
2023 2 66 $30M
2024 2 65 $33M

Paren, Inc. (Dba Park Engineering) filing trail (2022)

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$13M
Net Income-$3M
Employer EIN990246224
Plan Effective Date1958-01-31
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Hawaii

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

Park Engineering Profit Sharing Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -0.500.511.5 Total assets ($B) Participants Park Engineering Profit Sharing Plan, Total assets ($B): 0.013420147 · Participants: 34Park Engineering Profit Sharing PlanThe Queen's Health Systems Retirement Savings Plan, Total assets ($B): 1.303213481 · Participants: 8104The Queen's Health Systems Retirement Savings PlanBank of Hawaii Retirement Savings Plan, Total assets ($B): 0.679386573 · Participants: 2022Bank of Hawaii Retirement Savings PlanHawaiian Electric Industries Retirement Savings Plan, Total assets ($B): 0.620580397 · Participants: 2630Hawaiian Electric Industries Retirement Savings PlanHawaiian Airlines, Inc. Pilots' 401(k) Plan, Total assets ($B): 0.459837917 · Participants: 856Hawaiian Airlines, Inc. Pilots' 401(k) PlanKamehameha Schools 401(k) Retirement Savings Plan, Total assets ($B): 0.456197903 · Participants: 2997Kamehameha Schools 401(k) Retirement Savings Plan
Park Engineering Profit Sharing Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants

Park Engineering Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Hawaii, the nearest 401(k) by assets is Phr 401(k) Plan for Hourly Employees in OH ($13M); by covered participants it is Taylor Automotive Group 401(k) Plan in TN (34 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (34 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 Park Engineering Profit Sharing Plan assets move in 2022?
Park Engineering Profit Sharing Plan declined sharply - down 17.3% during 2022, from $16M to $13M. Reported net income was -$3M.
How have Paren, Inc. (Dba Park Engineering) plan assets changed over time?
Across 3 plan years on file (2022-2024), Paren, Inc. (Dba Park Engineering)'s sponsor-wide assets grew 26.4%, from $26M to $33M.
Which 401(k) plans are similar in size to Park Engineering Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Phr 401(k) Plan for Hourly Employees in OH ($13M, 228 participants).
Which 401(k) plans cover a similar participant headcount to Park Engineering Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Taylor Automotive Group 401(k) Plan in TN (34 participants, $3M in assets).