ESOP · DOL Form 5500 · 2023

Paracorp, Inc. ESOP

Data updated 2026-08-25

$15M
Total assets Small plan by assets
92
Participants Small participant base
68th
Percentile by assets National rank
$167,368
Avg per participant Above avg balance/head
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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.

  • #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.

#13,625
in Professional & Technical Services (20,321 peers)
+3.1%
assets growth YoY

Parasec Employee Stock Ownership Plan and Trust's outsized position by total assets

Parasec Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$15,397,829 Top 32% higher than 68% 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

Parasec Employee Stock Ownership Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Parasec Employee Stock Ownership Plan and Trust is a small filing (92 participants) on this national headcount ladder.

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.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 942756118 · Paracorp, Inc. PY 2023 · ESOP

Parasec Employee Stock Ownership Plan and Trust · $15M · 92 · 68th

  • BOOK $15M
  • BOOK 92
  • BOOK 68th
  • BOOK ESOP
  • BOOK near Macpherson's Employee Stock Ownership Plan
  • BOOK ind #13625

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 What is an ESOP? → · Plans in California →

Parasec Employee Stock Ownership Plan and Trust in the asset neighbourhood

Parasec Employee Stock Ownership Plan and TrustParasec Employee Stock Owner…$15MMacpherson's Employee Stock Ownership PlanMacpherson's Employee Stock …$15MCasne Engineering, Inc. ESOP$15MMoore's Electrical & Mechanical Construction, Inc. Employee Stock Ownership Plan and TrustMoore's Electrical & Mechani…$15MBeaty Holding Group, Inc. Employee Stock Ownership PlanBeaty Holding Group, Inc. Em…$15M
End-of-year total assets ($M) among Parasec Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$15M
Net Income$466K
Employer EIN942756118
Plan Effective Date1994-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Paracorp, Inc.)

Sponsor-wide plan assets over time

All Paracorp, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 9.639215522395736% vs 2022
2024 filing year
$14.5M$15M$15.5M$16M$16.5M$17M 202220232024 $14.9M $16.4M ▲ +9.6%
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 Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Parasec Employee Stock Ownership Plan and Trust, Total assets ($B): 0.015397829 · Participants: 92Parasec Employee Stock Ownership Plan and TrustParsons Employee Stock Ownership Plan, Total assets ($B): 3.757068542 · Participants: 7871Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.444524335 · Participants: 1397Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.125537204 · Participants: 1700Rosendin Electric, Inc. Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533004512 · Participants: 72Agron, Inc. Employee Stock Ownership PlanRecology Employee Stock Ownership Plan, Total assets ($B): 0.497089527 · Participants: 3656Recology Employee Stock Ownership Plan
Parasec Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in California, assets vs. participants
Compare Parasec Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Parasec Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Macpherson's Employee Stock Ownership Plan in GA ($15M); by covered participants it is Allen Agency Employee Stock Ownership Plan in ME (92 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (92 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 Parasec Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Parasec Employee Stock Ownership Plan and Trust edged up modestly - up 3.1% during 2023, from $15M to $15M. Reported net income was $466K.
How have Paracorp, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Paracorp, Inc.'s sponsor-wide assets grew 9.6%, from $15M to $16M.
Which ESOP plans are similar in size to Parasec Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Macpherson's Employee Stock Ownership Plan in GA ($15M, 143 participants).
Which ESOP plans cover a similar participant headcount to Parasec Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Allen Agency Employee Stock Ownership Plan in ME (92 participants, $22M 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 942756118.

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.