401(k) · DOL Form 5500 · 2023

Paren, Inc. (Dba Park Engineering) 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
34
Participants Small participant base
69th
Percentile by assets National rank
$486,625
Avg per participant High balance/head
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Official DOL plan name: Park Engineering Profit Sharing Plan · Sponsored by Paren, Inc. (Dba Park Engineering) · Hawaii · Professional & Technical Services

$17M in assets, 34 participants

Paren, Inc. (Dba Park Engineering)'s Park Engineering Profit Sharing Plan reported $17M in total assets and 34 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #13,909 in Professional & Technical Services (20,321 peers)

Paren, Inc. (Dba Park Engineering) multi-year trail

Paren, Inc. (Dba Park Engineering)'s plans moved +26.4% in assets from 2022 to 2024; this filing shows Park Engineering Profit Sharing Plan at $17M / 34 participants.

#13,909
in Professional & Technical Services (20,321 peers)
+23.3%
assets growth YoY

Park Engineering Profit Sharing Plan's outsized position by total assets

Park Engineering Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$16,545,266 Top 31% higher than 69% of 127,068 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 2023

Park Engineering Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Park Engineering Profit Sharing Plan is a small filing (34 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Park Engineering Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Park Engineering Profit Sharing Plan end-of-year assets rose from $13M in the plan year 2022 filing to $17M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 990246224 · Paren, Inc. (Dba Park Engineering) PY 2023 · 401(k)

Park Engineering Profit Sharing Plan · $17M · 34 · 69th

  • NET $17M
  • NET 34
  • NET 69th
  • NET 401(k)
  • NET near Universal Photonics Inc 401(k) Profit Sharing Plan & Trust
  • NET ind #13909

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 Hawaii →

Park Engineering Profit Sharing Plan in the asset neighbourhood

Park Engineering Profit Sharing PlanPark Engineering Profit Shar…$17MUniversal Photonics Inc 401(k) Profit Sharing Plan & TrustUniversal Photonics Inc 401(…$17MThermwood Corporation 401(k) PlanThermwood Corporation 401(k)…$17MLake Champlain Transportation Co. 401(k) Savings PlanLake Champlain Transportatio…$17MYanka Industries, Inc. Retirement PlanYanka Industries, Inc. Retir…$17M
End-of-year total assets ($M) among Park Engineering Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Paren, Inc. (Dba Park Engineering) multi-year asset trail

Sponsor-wide plan assets over time

All Paren, Inc. (Dba Park Engineering) plans reported in each filing year

Latest sponsor-wide plan assets
$33M 26.398245707639607% vs 2022
2024 filing year
$25M$30M$35M 202220232024 $26.3M $33.2M ▲ +26.4%
Year Plans Participants Total Assets
2022 2 66 $26M
2023 2 66 $30M
2024 2 65 $33M

Paren, Inc. (Dba Park Engineering) filing trail (2023)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$17M
Net Income$3M
Employer EIN990246224
Plan Effective Date1958-01-31
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Hawaii

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

Park Engineering Profit Sharing Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -0.500.511.52 Total assets ($B) Participants Park Engineering Profit Sharing Plan, Total assets ($B): 0.016545266 · Participants: 34Park Engineering Profit Sharing PlanThe Queen's Health Systems Retirement Savings Plan, Total assets ($B): 1.628724442 · Participants: 8612The Queen's Health Systems Retirement Savings PlanBank of Hawaii Retirement Savings Plan, Total assets ($B): 0.75887371 · Participants: 2094Bank of Hawaii Retirement Savings PlanHawaiian Electric Industries Retirement Savings Plan, Total assets ($B): 0.68477192 · Participants: 2679Hawaiian Electric Industries Retirement Savings PlanHawaiian Airlines, Inc. Pilots' 401(k) Plan, Total assets ($B): 0.582282026 · Participants: 1021Hawaiian Airlines, Inc. Pilots' 401(k) PlanKamehameha Schools 401(k) Retirement Savings Plan, Total assets ($B): 0.557808033 · Participants: 2460Kamehameha Schools 401(k) Retirement Savings Plan
Park Engineering Profit Sharing Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants
Compare Park Engineering Profit Sharing Plan side-by-side with 3 peers →

Park Engineering Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Hawaii, the nearest 401(k) by assets is Universal Photonics Inc 401(k) Profit Sharing Plan & Trust in NY ($17M); by covered participants it is Trumbull Campbell Associates, Inc. 401(k) Plan in MA (34 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (34 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Park Engineering Profit Sharing Plan assets move in 2023? ▼
Park Engineering Profit Sharing Plan grew sharply - up 23.3% during 2023, from $13M to $17M. Reported net income was $3M.
How have Paren, Inc. (Dba Park Engineering) plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Paren, Inc. (Dba Park Engineering)'s sponsor-wide assets grew 26.4%, from $26M to $33M.
Which 401(k) plans are similar in size to Park Engineering Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Universal Photonics Inc 401(k) Profit Sharing Plan & Trust in NY ($17M, 148 participants).
Which 401(k) plans cover a similar participant headcount to Park Engineering Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Trumbull Campbell Associates, Inc. 401(k) Plan in MA (34 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 990246224.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.