ESOP · DOL Form 5500 · 2022

Paracorp, Inc. ESOP

Data updated 2026-08-25

$15M
Total assets Small plan by assets
87
Participants Small participant base
72nd
Percentile by assets National rank
$171,634
Avg per participant Above avg balance/head
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Official DOL plan name: Parasec Employee Stock Ownership Plan and Trust · Sponsored by Paracorp, Inc. · California · Professional & Technical Services

$15M in assets, 87 participants

Paracorp, Inc.'s Parasec Employee Stock Ownership Plan and Trust reported $15M in total assets and 87 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd 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.

  • #15,532 in Professional & Technical Services (21,562 peers)

2022 asset change

Parasec Employee Stock Ownership Plan and Trust grew at a solid clip 9.0% in 2022 ($14M → $15M) for 87 participants.

#15,532
in Professional & Technical Services (21,562 peers)
+9.0%
assets growth YoY

Parasec Employee Stock Ownership Plan and Trust's outsized position by total assets

Parasec Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$14,932,128 Top 28% higher than 72% 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

Parasec Employee Stock Ownership Plan and Trust among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Parasec Employee Stock Ownership Plan and Trust is a small filing (87 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 942756118 · Paracorp, Inc. PY 2022 · ESOP

Parasec Employee Stock Ownership Plan and Trust · $15M · 87 · 72nd

  • EBSA $15M
  • PART 87
  • TYPE 72nd
  • NET ESOP
  • BOOK near Mckinney Communications Corporation Employee Stock Ownership Plan
  • VS-ST ind #15532

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 What is an ESOP? → · Plans in California →

Parasec Employee Stock Ownership Plan and Trust in the asset neighbourhood

Visionist, Inc. Employee Stock Ownership Plan and TrustVisionist, Inc. Employee Sto…$15MGotham Drywall, Inc. Employee Stock Ownership PlanGotham Drywall, Inc. Employe…$15MCgp Foods Inc. Employee Stock Ownership PlanCgp Foods Inc. Employee Stoc…$15MMckinney Communications Corporation Employee Stock Ownership PlanMckinney Communications Corp…$15MParasec Employee Stock Ownership Plan and TrustParasec Employee Stock Owner…$15M
End-of-year total assets ($M) among Parasec Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Paracorp, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Paracorp, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 9.639215522395736% vs 2022
2024 filing year
$14.5M$15M$15.5M$16M$16.5M$17M 202220232024 $14.9M $16.4M ▲ +9.6%
Year Plans Participants Total Assets
2022 1 87 $15M
2023 1 92 $15M
2024 1 94 $16M

2022 asset-move particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$15M
Net Income$1M
Employer EIN942756118
Plan Effective Date1994-03-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in California

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

Parasec Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Parasec Employee Stock Ownership Plan and Trust, Total assets ($B): 0.014932128 · Participants: 87Parasec Employee Stock Ownership Plan and TrustParsons Employee Stock Ownership Plan, Total assets ($B): 2.949816013 · Participants: 7804Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.217969943 · Participants: 1318Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.994551911 · Participants: 1488Rosendin Electric, Inc. Employee Stock Ownership PlanRecology Employee Stock Ownership Plan, Total assets ($B): 0.462005591 · Participants: 3560Recology Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.455961299 · Participants: 70Agron, Inc. Employee Stock Ownership Plan
Parasec Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in California, assets vs. participants

Parasec Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Mckinney Communications Corporation Employee Stock Ownership Plan in AL ($15M); by covered participants it is Cross Keys Bank Employee Stock Ownership Plan in LA (87 participants). Same-state nearby plans are listed separately above.

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 Parasec Employee Stock Ownership Plan and Trust assets move in 2022? ▼
Parasec Employee Stock Ownership Plan and Trust grew at a solid clip - up 9.0% during 2022, from $14M to $15M. Reported net income was $1M.
How have Paracorp, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Paracorp, Inc.'s sponsor-wide assets grew 9.6%, from $15M to $16M.
Which ESOP plans are similar in size to Parasec Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Mckinney Communications Corporation Employee Stock Ownership Plan in AL ($15M, 443 participants).
Which ESOP plans cover a similar participant headcount to Parasec Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Cross Keys Bank Employee Stock Ownership Plan in LA (87 participants, $2M in assets).