401(k) · DOL Form 5500 · 2022

Parata Systems, LLC 401(k) Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
484
Participants Below avg headcount
84th
Percentile by assets National rank
$69,534
Avg per participant Below avg balance/head
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Official DOL plan name: Parata Systems, LLC 401(k) Plan · Sponsored by Parata Systems, LLC · North Carolina · Professional & Technical Services

$34M in assets, 484 participants

Parata Systems, LLC's Parata Systems, LLC 401(k) Plan reported $34M in total assets and 484 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #18,288 in Professional & Technical Services (21,562 peers)

Where Parata Systems, LLC 401(k) Plan sits by assets

Parata Systems, LLC 401(k) Plan sits in the top quartile of all filed plans by assets, $34M for 484 participants (~$69,534/participant), down 10.2% in 2022.

#18,288
in Professional & Technical Services (21,562 peers)
-10.2%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Parata Systems, LLC 401(k) Plan's outsized position by total assets

Parata Systems, LLC 401(k) Plan vs every filed plan by assets

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

$33,654,432 Top 16% higher than 84% 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

Parata Systems, LLC 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. Parata Systems, LLC 401(k) Plan sits mid-pack in the medium band (484 participants).

Plan-year Form 5500 strip

Filing strip 522340471 · Parata Systems, LLC PY 2022 · 401(k)

Parata Systems, LLC 401(k) Plan · $34M · 484 · 84th

  • 5500 $34M
  • 5500 484
  • 5500 84th
  • 5500 401(k)
  • 5500 near Fusion Alliance, LLC 401(k) Profit Sharing Plan
  • 5500 ind #18288

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 North Carolina →

Parata Systems, LLC 401(k) Plan in the asset neighbourhood

Blanchard Valley Medical Assc Inc 401(k) Profit Sharing PlanBlanchard Valley Medical Ass…$34MApps Associates LLC 401(k) PlanApps Associates LLC 401(k) P…$34MParata Systems, LLC 401(k) PlanParata Systems, LLC 401(k) P…$34MFusion Alliance, LLC 401(k) Profit Sharing PlanFusion Alliance, LLC 401(k) …$34MGeoblue 401(k) Retirement PlanGeoblue 401(k) Retirement Pl…$34M
End-of-year total assets ($M) among Parata Systems, LLC 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)$37M
Net Assets (End of Year)$34M
Net Income-$4M
Employer EIN522340471
Plan Effective Date2004-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Parata Systems, LLC)

Sponsor-wide plan assets over time

All Parata Systems, LLC plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2023 filing year
$0M$10M$20M$30M$40M 20222023 $33.7M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 484 $34M
2023 1 535 N/A

Nearby 401(k) Plans in North Carolina

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

Parata Systems, LLC 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Parata Systems, LLC 401(k) Plan, Total assets ($B): 0.033654432 · Participants: 484Parata Systems, LLC 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Parata Systems, LLC 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Parata Systems, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Fusion Alliance, LLC 401(k) Profit Sharing Plan in IN ($34M); by covered participants it is United States Veterans Initiative Retirement Savings Plan in CA (484 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (484 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 Parata Systems, LLC 401(k) Plan assets move in 2022?
Parata Systems, LLC 401(k) Plan pulled back noticeably - down 10.2% during 2022, from $37M to $34M. Reported net income was -$4M.
Where does Parata Systems, LLC 401(k) Plan rank by assets among Form 5500 filers?
Parata Systems, LLC 401(k) Plan ranks in the 84th 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 Parata Systems, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Fusion Alliance, LLC 401(k) Profit Sharing Plan in IN ($34M, 133 participants).
Which 401(k) plans cover a similar participant headcount to Parata Systems, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is United States Veterans Initiative Retirement Savings Plan in CA (484 participants, $8M in assets).