Other
2023 plan-year Other DOL Form 5500

PARSONS EMPLOYEE STOCK OWNERSHIP PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

PARSONS CORPORATION

This Other plan holds $3.8B in total assets and serves 7,871 participants as of 2023. It is sponsored by PARSONS CORPORATION in California. The plan reported positive net income of $806M for the year.

Total Assets (2023)
$3.8B
Participants
7,871
State
Industry
Professional & Technical Services

What the Filing Says About PARSONS EMPLOYEE STOCK OWNERSHIP PLAN

PARSONS EMPLOYEE STOCK OWNERSHIP PLAN is a Other retirement plan sponsored by PARSONS CORPORATION, headquartered in California. As of the 2023 Form 5500 filing, the plan reports $3.8B in total end-of-year assets and covers 7,871 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 953232481, and the plan has been effective since 1974-12-28. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2.9B at the beginning of 2023 to $3.8B at year-end — a gain of 27.4%. Net assets (after liabilities) closed the year at $3.8B, with reported net income of $806M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$2.9B
Total Assets (End of Year)$3.8B
Net Assets (End of Year)$3.8B
Net Income$806M
Plan TypeOther
Employer EIN953232481
Plan Effective Date1974-12-28
Filing StatusFILING RECEIVED

Sponsor Plan History (PARSONS CORPORATION)

Year Plans Participants Total Assets
2022 2 17,301 $4.6B
2023 2 17,265 $5.8B
2024 2 18,435 $7.3B

Nearby Other Plans in California

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

Frequently Asked Questions

How much money is in the PARSONS EMPLOYEE STOCK OWNERSHIP PLAN?
As of the 2023 Form 5500 filing, PARSONS EMPLOYEE STOCK OWNERSHIP PLAN holds $3.8B in total assets with 7,871 participants. It is sponsored by PARSONS CORPORATION.
What type of plan is PARSONS EMPLOYEE STOCK OWNERSHIP PLAN?
PARSONS EMPLOYEE STOCK OWNERSHIP PLAN is a Other plan. It has been effective since 1974-12-28. The plan is filed with the U.S. Department of Labor under EIN 953232481.
Who sponsors the PARSONS EMPLOYEE STOCK OWNERSHIP PLAN?
PARSONS EMPLOYEE STOCK OWNERSHIP PLAN is sponsored by PARSONS CORPORATION, located in California. The sponsor's EIN is 953232481 and the plan operates in the Professional & Technical Services industry.
How did PARSONS EMPLOYEE STOCK OWNERSHIP PLAN perform in 2023?
PARSONS EMPLOYEE STOCK OWNERSHIP PLAN grew by 27.4% during 2023, moving from $2.9B to $3.8B in total assets. Net income was $806M.
Where can I find official filings for PARSONS EMPLOYEE STOCK OWNERSHIP PLAN?
Official Form 5500 filings for PARSONS EMPLOYEE STOCK OWNERSHIP PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 953232481 or plan name at efast.dol.gov.
How does PARSONS EMPLOYEE STOCK OWNERSHIP PLAN compare to other plans?
You can compare PARSONS EMPLOYEE STOCK OWNERSHIP PLAN against other Other plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 953232481.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.