ESOP · DOL Form 5500 · 2023
Paracorp, Inc. ESOP
Data updated 2026-08-11
- $15M
- Total assets
- 92
- Participants
- 68th
- Percentile by assets
- $167,368
- Avg per participant
Official DOL plan name: Parasec Employee Stock Ownership Plan and Trust · Sponsored by Paracorp, Inc. · California · Professional & Technical Services
$15M in assets, 92 participants
Paracorp, Inc.'s Parasec Employee Stock Ownership Plan and Trust reported $15M in total assets and 92 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.
- 68th percentile by assets (of 127,072 plans)
- #13,625 in Professional & Technical Services (20,321 peers)
What the 2023 filing shows
Parasec Employee Stock Ownership Plan and Trust holds $15M for 92 participants - about $167,368 per participant, above the median plan by assets.
- $15M
- total plan assets (2023 EOY)
- 92
- covered participants
- 68th
- percentile by assets (of 127,072 plans)
- $167,368
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Parasec Employee Stock Ownership Plan and Trust reported net income fell from $1M in the plan year 2022 filing to $466K in the plan year 2023 filing.
- Parasec Employee Stock Ownership Plan and Trust reported participants rose from 87 in the plan year 2022 filing to 92 in the plan year 2023 filing.
- Parasec Employee Stock Ownership Plan and Trust end-of-year assets rose from $15M in the plan year 2022 filing to $15M in the plan year 2023 filing.
ESOP filing for Parasec Employee Stock Ownership Plan and Trust
ESOP filing for plan year 2023: EIN 942756118 ; effective since 1994-03-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.
Filing particulars (2023)
| Total Assets (Beginning of Year) | $15M |
|---|---|
| Net Assets (End of Year) | $15M |
| Net Income | $466K |
| Employer EIN | 942756118 |
| Plan Effective Date | 1994-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Paracorp, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 87 | $15M |
| 2023 | 1 | 92 | $15M |
| 2024 | 1 | 94 | $16M |
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
- Parsons Employee Stock Ownership Plan $3.8B · 7,871
- Acco Employee Stock Ownership Plan $1.4B · 1,397
- Rosendin Electric, Inc. Employee Stock Ownership Plan $1.1B · 1,700
- Agron, Inc. Employee Stock Ownership Plan $533M · 72
- Recology Employee Stock Ownership Plan $497M · 3,656
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 2023? ▼
How have Paracorp, Inc. plan assets changed over time? ▼
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Filing takeaways
Ways to act on Parasec Employee Stock Ownership Plan and Trust's numbers.
- By total assets, Parasec Employee Stock Ownership Plan and Trust ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in California. Compare plans
- Paracorp, Inc.'s sponsor-wide assets have grown 9.6% since 2022 across 3 plan years on file. More Professional & Technical Services plans