ESOP · DOL Form 5500 · 2022

Paracorp, Inc. ESOP

Data updated 2026-08-11

$15M
Total assets
87
Participants
72nd
Percentile by assets
$171,634
Avg per participant
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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.

  • 72nd percentile by assets (of 139,126 plans)
  • #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.

$15M
total plan assets (2022 EOY)
87
covered participants
72nd
percentile by assets (of 139,126 plans)
$171,634
avg assets per participant

2022 asset move for Parasec Employee Stock Ownership Plan and Trust

Year over year, total assets grew at a solid clip from $14M at the start of 2022 to $15M at year-end (up 9.0%). Net assets closed at $15M; reported net income $1M.

Paracorp, Inc. years around the 2022 move

$14.5M$15M$15.5M$16M$16.5M$17M 202220232024 $14.9M $16.4M ▲ +9.6%
Total plan assets by year, all Paracorp, Inc. plans on file
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

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 Sto…Parsons Employee Sto…Acco Employee Stock …Rosendin Electric, I…Recology Employee St…Agron, Inc. Employee…
Parasec Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in California, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Parasec Employee Stock Ownership Plan and Trust by total assets, not by location.

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).

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2022 change

Ways to act on Parasec Employee Stock Ownership Plan and Trust's numbers.