401(k) · DOL Form 5500 · 2022
Parsons Corporation 401(k) Plan
Data updated 2026-08-25
- $1.7B
- Total assets Very large vs avg
- 9,497
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $177,214
- Avg per participant Above avg balance/head
Official DOL plan name: Parsons Corporation Retirement Savings Plan · Sponsored by Parsons Corporation · Virginia · Professional & Technical Services
$1.7B in assets, 9,497 participants
Parsons Corporation's Parsons Corporation Retirement Savings Plan reported $1.7B in total assets and 9,497 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #21,476 in Professional & Technical Services (21,562 peers)
Coverage in Virginia
Parsons Corporation Retirement Savings Plan covers 9,497 participants in Virginia, 12x the typical Virginia plan (state average ~782 per filing). Assets: $1.7B.
- #21,476
- in Professional & Technical Services (21,562 peers)
- -14.8%
- assets change YoY
- 17×
- vs typical plan assets (national mean)
The plan reported a net loss of $364M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Parsons Corporation Retirement Savings Plan's outsized position by total assets
Parsons Corporation Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,683,004,667 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Parsons Corporation Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Parsons Corporation Retirement Savings Plan lands in the large band (9,497 participants).
Published 5500 schedule card
Filing strip 953232481 · Parsons Corporation PY 2022 · 401(k)
Parsons Corporation Retirement Savings Plan · $1.7B · 9,497 · 99th
- EIN $1.7B
- RANK 9,497
- PHOTO 99th
- IND 401(k)
- EOY near Whole Foods Market Growing Your Future 401(k) Plan
- 5500 ind #21476
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 Virginia →
Parsons Corporation Retirement Savings Plan in the asset neighbourhood
Virginia filing particulars
| Total Assets (Beginning of Year) | $2.0B |
|---|---|
| Net Assets (End of Year) | $1.7B |
| Net Income | -$364M |
| Employer EIN | 953232481 |
| Plan Effective Date | 1995-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Parsons Corporation)
Sponsor-wide plan assets over time
All Parsons Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $7.3B 56.907386624772194% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 17,301 | $4.6B |
| 2023 | 2 | 17,265 | $5.8B |
| 2024 | 2 | 18,435 | $7.3B |
Nearby 401(k) Plans in Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Northrop Grumman Savings Plan $32.6B · 92,420
- 401(k) Pension Plan $13.0B · 61,481
- General Dynamics Corporation 401(k) Plan 6.0 $9.6B · 36,822
- Leidos, Inc. Retirement Plan $8.7B · 26,125
- Bae Systems Employees' Savings and Investment Plan $8.2B · 31,556
Scale composition for Parsons Corporation Retirement Savings Plan
Parsons Corporation Retirement Savings Plan reports $1.7B in end-of-year assets across 9,497 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $177,214 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2022 was -$364M.
This plan identity (EIN 953232481, plan #115) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.7B to $2.3B (+35.2%) while covered participants moved from 9,497 to 10,395 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 9,497 | $1.7B | This page |
| 2023 | 9,394 | $2.0B | Open filing |
| 2024 · index core | 10,395 | $2.3B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Parsons Employee Stock Ownership Plan (ESOP, $5.0B, 8,040 participants)
- Parsons Corporation Retirement Savings Plan (401(k), $2.3B, 10,395 participants)
Parsons Corporation Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Virginia, the nearest 401(k) by assets is Whole Foods Market Growing Your Future 401(k) Plan in TX ($1.7B); by covered participants it is Mcleod Health 401(k) Plan in SC (9,502 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.7B here).
- Whole Foods Market Growing Your Future 401(k) Plan (TX) $1.7B · 89,691
- Stantec 401(k) Plan (AZ) $1.7B · 8,764
- Caesars Entertainment, Inc 401(k) Plan (NV) $1.7B · 41,227
- Oasis Retirement Savings Plan (FL) $1.7B · 76,924
Similar participant headcount
Nearest other-state filings by covered participants (9,497 participants); asset peers above are excluded.
- Mcleod Health 401(k) Plan (SC) 9,502 · 5 off
- Swbg, LLC 401(k) Plan (FL) 9,473 · 24 off
- Americold Logistics Employee Savings and Investment Plan (GA) 9,470 · 27 off
- Panasonic Retirement Savings and Investment Plan (NJ) 9,468 · 29 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.