Money Purchase · DOL Form 5500 · 2022

Parallel Vision, Inc. Money Purchase Plan

Data updated 2026-08-11

$919K
Total assets
2
Participants
24th
Percentile by assets
$459,730
Avg per participant
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Official DOL plan name: Parallel Vision, Inc. Pension Plan · Sponsored by Parallel Vision, Inc. · New York · Administrative & Support Services

$919K in assets, 2 participants

Parallel Vision, Inc.'s Parallel Vision, Inc. Pension Plan reported $919K in total assets and 2 participants in its 2022 DOL Form 5500 filing, ranking in the 24th 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.

  • 24th percentile by assets (of 139,126 plans)
  • #2,272 in Administrative & Support Services (4,927 peers)

Administrative & Support Services sector rank

Within Administrative & Support Services, Parallel Vision, Inc. Pension Plan ranks #2,272 of 4,927 2022 filers by assets (3138% of the sector average)-$919K for 2 participants.

$919K
total plan assets (2022 EOY)
2
covered participants
24th
percentile by assets (of 139,126 plans)
$459,730
avg assets per participant

The plan reported a net loss of $137K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Rank #2,272 in Administrative & Support Services

Among 4,927 Administrative & Support Services plans that filed a Form 5500 for plan year 2022, Parallel Vision, Inc. Pension Plan ranks #2,272 by end-of-year assets - about 3138% of the sector average of $29M. Nationally it sits in the 24th percentile, a stronger position within its industry than across all filers.

Administrative & Support Services filing particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$919K
Net Income-$137K
Employer EIN113577471
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Parallel Vision, Inc.)

$0.8M$0.9M$1M$1.1M$1.2M$1.3M 202220232024 $0.92M $1.24M ▲ +34.8%
Total plan assets by year, all Parallel Vision, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2 $919K
2023 1 2 $1M
2024 1 2 $1M

Nearby Money Purchase Plans in New York

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Parallel Vision, Inc. Pension Plan vs. nearby Money Purchase plans in New York, assets vs. participants

Parallel Vision, Inc. Pension Plan vs. nearby Money Purchase plans in New York, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -1012345 Total assets ($B) Participants Parallel Vision, Inc…Tiaa Retirement PlanYoung Men's Christia…McKinsey & Company, …Brookhaven Science A…Iron Workers Locals …
Parallel Vision, Inc. Pension Plan vs. nearby Money Purchase plans in New York, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Parallel Vision, Inc. Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Parallel Vision, Inc. Pension Plan assets move in 2022?
Parallel Vision, Inc. Pension Plan pulled back noticeably - down 12.9% during 2022, from $1M to $919K. Reported net income was -$137K.
How have Parallel Vision, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Parallel Vision, Inc.'s sponsor-wide assets grew 34.6%, from $919K to $1M.
Where does Parallel Vision, Inc. Pension Plan rank by assets among Form 5500 filers?
Parallel Vision, Inc. Pension Plan ranks in the 24th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which Money Purchase plans are similar in size to Parallel Vision, Inc. Pension Plan?
Among Money Purchase plans in other states, the closest by assets is Michael Gordon, M.D., Inc. Money Purchase Pension Plan in CA ($916K, 2 participants).

Filing takeaways

Ways to act on Parallel Vision, Inc. Pension Plan's numbers.