401(k) · DOL Form 5500 · 2023

Parsons Company, Inc. 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
191
Participants Below avg headcount
78th
Percentile by assets National rank
$144,119
Avg per participant Near avg balance/head
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Official DOL plan name: Parsons Company, Inc. Profit Sharing and 401(k) Plan · Sponsored by Parsons Company, Inc. · Illinois · Manufacturing

$28M in assets, 191 participants

Parsons Company, Inc.'s Parsons Company, Inc. Profit Sharing and 401(k) Plan reported $28M in total assets and 191 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #12,992 in Manufacturing (18,722 peers)

Coverage in Illinois

Parsons Company, Inc. Profit Sharing and 401(k) Plan covers 191 participants in Illinois, about 25% of the average Illinois filer (state average ~779 per filing). Assets: $28M.

#12,992
in Manufacturing (18,722 peers)
+17.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Parsons Company, Inc. Profit Sharing and 401(k) Plan's outsized position by total assets

Parsons Company, Inc. Profit Sharing and 401(k) Plan vs every filed plan by assets

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

$27,526,692 Top 22% higher than 78% 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

Parsons Company, Inc. Profit Sharing and 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Parsons Company, Inc. Profit Sharing and 401(k) Plan sits mid-pack in the medium band (191 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Parsons Company, Inc. Profit Sharing and 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Parsons Company, Inc. Profit Sharing and 401(k) Plan end-of-year assets rose from $23M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Parsons Company, Inc. Profit Sharing and 401(k) Plan reported participants rose from 181 in the plan year 2022 filing to 191 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 371184579 · Parsons Company, Inc. PY 2023 · 401(k)

Parsons Company, Inc. Profit Sharing and 401(k) Plan · $28M · 191 · 78th

  • PART $28M
  • PART 191
  • PART 78th
  • PART 401(k)
  • PART near Inw Manufacturing 401(k) Plan
  • PART ind #12992

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 Manufacturing retirement plans → · Plans in Illinois →

Parsons Company, Inc. Profit Sharing and 401(k) Plan in the asset neighbourhood

Parsons Company, Inc. Profit Sharing and 401(k) PlanParsons Company, Inc. Profit…$28MInnovation Ventures, LLC 401(k) PlanInnovation Ventures, LLC 401…$28MBackblaze, Inc. 401(k) Profit Sharing Plan and TrustBackblaze, Inc. 401(k) Profi…$28MInw Manufacturing 401(k) Plan$28MDynabrade, Inc. Profit Sharing/401(k) Savings and Retirement PlanDynabrade, Inc. Profit Shari…$28M
End-of-year total assets ($M) among Parsons Company, Inc. Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$28M
Net Income$4M
Employer EIN371184579
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Parsons Company, Inc.)

Sponsor-wide plan assets over time

All Parsons Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$29M 24.079391357532252% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $23.4M $29M ▲ +24.0%
Year Plans Participants Total Assets
2022 1 181 $23M
2023 1 191 $28M
2024 1 214 $29M

Nearby 401(k) Plans in Illinois

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

Parsons Company, Inc. Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Parsons Company, Inc. Profit Sharing and 401(k) Plan, Total assets ($B): 0.027526692 · Participants: 191Parsons Company, Inc. Profit Sharing and 401(k) PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Parsons Company, Inc. Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Parsons Company, Inc. Profit Sharing and 401(k) Plan side-by-side with 3 peers →

Parsons Company, Inc. Profit Sharing and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Inw Manufacturing 401(k) Plan in UT ($28M); by covered participants it is Cwb Holdings, Inc. 401(k) Plan in CO (191 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (191 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 Parsons Company, Inc. Profit Sharing and 401(k) Plan assets move in 2023? ▼
Parsons Company, Inc. Profit Sharing and 401(k) Plan grew sharply - up 17.6% during 2023, from $23M to $28M. Reported net income was $4M.
How have Parsons Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Parsons Company, Inc.'s sponsor-wide assets grew 24.1%, from $23M to $29M.
Where does Parsons Company, Inc. Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers? ▼
Parsons Company, Inc. Profit Sharing and 401(k) Plan ranks in the 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Parsons Company, Inc. Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Inw Manufacturing 401(k) Plan in UT ($28M, 1,386 participants).
Which 401(k) plans cover a similar participant headcount to Parsons Company, Inc. Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cwb Holdings, Inc. 401(k) Plan in CO (191 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 371184579.

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.