ESOP · DOL Form 5500 · 2023

Paren, Inc. Dba Park Engineering ESOP

Data updated 2026-08-11

$13M
Total assets
32
Participants
64th
Percentile by assets
$407,215
Avg per participant
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Official DOL plan name: Park Engineering Employee Stock Ownership Plan · Sponsored by Paren, Inc. Dba Park Engineering · Hawaii · Professional & Technical Services

$13M in assets, 32 participants

Paren, Inc. Dba Park Engineering's Park Engineering Employee Stock Ownership Plan reported $13M in total assets and 32 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • 64th percentile by assets (of 127,072 plans)
  • #12,906 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 Employee Stock Ownership Plan at $13M / 32 participants.

$13M
total plan assets (2023 EOY)
32
covered participants
64th
percentile by assets (of 127,072 plans)
$407,215
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Park Engineering Employee Stock Ownership Plan reported net income fell from $699K in the plan year 2022 filing to $174K in the plan year 2023 filing.
  • Park Engineering Employee Stock Ownership Plan end-of-year assets rose from $13M in the plan year 2022 filing to $13M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Paren, Inc. Dba Park Engineering across 3 plan years on file

Across the 3 plan years Paren, Inc. Dba Park Engineering has on file (2022-2024), sponsor-wide plan assets have moved from $26M to $33M, a gain of 26.4%, while reported participants moved from 66 to 65 (-1.5%). Peak year by sponsor assets: 2024 ($33M); trough: 2022 ($26M).

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

$25M$30M$35M 202220232024 $26.3M $33.2M ▲ +26.4%
Total plan assets by year, all Paren, Inc. Dba Park Engineering plans on file
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)$13M
Net Income$174K
Employer EIN990246224
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Hawaii

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

Park Engineering Employee Stock Ownership Plan vs. nearby ESOP plans in Hawaii, assets vs. participants

Park Engineering Employee Stock Ownership Plan vs. nearby ESOP plans in Hawaii, assets vs. participants Scatter plot of 6 data points. -500050010001500 050100150 Total assets ($M) Participants Park Engineering Emp…Roberts Hawaii, Inc.…Gpf Life and Health …Bowers & Kubota Cons…R. M. Towill Corpora…Hpm Building Supply …
Park Engineering Employee Stock Ownership Plan vs. nearby ESOP plans in Hawaii, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Park Engineering Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Park Engineering Employee Stock Ownership Plan assets move in 2023?
Park Engineering Employee Stock Ownership Plan edged up modestly - up 1.4% during 2023, from $13M to $13M. Reported net income was $174K.
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 ESOP plans are similar in size to Park Engineering Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Libra Industries, Inc. of Michigan Employee Stock Ownership Plan in MI ($13M, 36 participants).

Next read for Park Engineering Employee Stock Ownershi…

Multi-year trail

Ways to act on Park Engineering Employee Stock Ownership Plan's numbers.