401(k) · DOL Form 5500 · 2024

Paren, Inc. (Dba Park Engineering) 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
33
Participants Small participant base
69th
Percentile by assets National rank
$562,869
Avg per participant High balance/head
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Official DOL plan name: Park Engineering Profit Sharing Plan · Sponsored by Paren, Inc. (Dba Park Engineering) · Hawaii · Professional & Technical Services

$19M in assets, 33 participants

Paren, Inc. (Dba Park Engineering)'s Park Engineering Profit Sharing Plan reported $19M in total assets and 33 participants in its 2024 DOL Form 5500 filing, ranking in the 69th 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.

  • #13,722 in Professional & Technical Services (20,173 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 Profit Sharing Plan at $19M / 33 participants.

#13,722
in Professional & Technical Services (20,173 peers)
+12.3%
assets growth YoY

Park Engineering Profit Sharing Plan's outsized position by total assets

Park Engineering Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$18,574,669 Top 31% higher than 69% of 123,620 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 2024

Park Engineering Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Park Engineering Profit Sharing Plan is a small filing (33 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Park Engineering Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Park Engineering Profit Sharing Plan end-of-year assets rose from $17M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Park Engineering Profit Sharing Plan reported participants fell from 34 in the plan year 2023 filing to 33 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 990246224 · Paren, Inc. (Dba Park Engineering) PY 2024 · 401(k)

Park Engineering Profit Sharing Plan · $19M · 33 · 69th

  • BOY $19M
  • SCH 33
  • EBSA 69th
  • PART 401(k)
  • TYPE near Seibels Employees' Profit Sharing and Savings Plan
  • NET ind #13722

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 Professional & Technical Services retirement plans → · Plans in Hawaii →

Park Engineering Profit Sharing Plan in the asset neighbourhood

Kore Wireless Inc. 401(k) PlanKore Wireless Inc. 401(k) Pl…$19MInternational Association of Heat and Frost Insulators and Allied Workers Local No. 1 401(k) and Supplemental Retirement PlanInternational Association of…$19MFirst Western Bancshares, Inc. Employee Stock Ownership and 401(k) PlanFirst Western Bancshares, In…$19MPark Engineering Profit Sharing PlanPark Engineering Profit Shar…$19MSeibels Employees' Profit Sharing and Savings PlanSeibels Employees' Profit Sh…$19M
End-of-year total assets ($M) among Park Engineering Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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

Sponsor-wide plan assets over time

All Paren, Inc. (Dba Park Engineering) plans reported in each filing year

Latest sponsor-wide plan assets
$33M 26.398245707639607% vs 2022
2024 filing year
$25M$30M$35M 202220232024 $26.3M $33.2M ▲ +26.4%
Year Plans Participants Total Assets
2022 2 66 $26M
2023 2 66 $30M
2024 2 65 $33M

Paren, Inc. (Dba Park Engineering) filing trail (2024)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$19M
Net Income$2M
Employer EIN990246224
Plan Effective Date1958-01-31
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Hawaii

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

Park Engineering Profit Sharing Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -0.500.511.522.5 Total assets ($B) Participants Park Engineering Profit Sharing Plan, Total assets ($B): 0.018574669 · Participants: 33Park Engineering Profit Sharing PlanThe Queen's Health Systems Retirement Savings Plan, Total assets ($B): 1.952191043 · Participants: 9096The Queen's Health Systems Retirement Savings PlanBank of Hawaii Retirement Savings Plan, Total assets ($B): 0.819916775 · Participants: 1895Bank of Hawaii Retirement Savings PlanHawaiian Electric Industries Retirement Savings Plan, Total assets ($B): 0.780660919 · Participants: 2732Hawaiian Electric Industries Retirement Savings PlanHawaiian Airlines, Inc. Pilots' 401(k) Plan, Total assets ($B): 0.695629837 · Participants: 1140Hawaiian Airlines, Inc. Pilots' 401(k) PlanKamehameha Schools 401(k) Retirement Savings Plan, Total assets ($B): 0.653492062 · Participants: 2514Kamehameha Schools 401(k) Retirement Savings Plan
Park Engineering Profit Sharing Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants
Compare Park Engineering Profit Sharing Plan side-by-side with 3 peers →

Park Engineering Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Hawaii, the nearest 401(k) by assets is Seibels Employees' Profit Sharing and Savings Plan in SC ($19M); by covered participants it is Univision De Puerto Rico Inc., Savings Plan in PR (33 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (33 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Park Engineering Profit Sharing Plan assets move in 2024? ▼
Park Engineering Profit Sharing Plan grew at a solid clip - up 12.3% during 2024, from $17M to $19M. Reported net income was $2M.
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 401(k) plans are similar in size to Park Engineering Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Seibels Employees' Profit Sharing and Savings Plan in SC ($19M, 121 participants).
Which 401(k) plans cover a similar participant headcount to Park Engineering Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Univision De Puerto Rico Inc., Savings Plan in PR (33 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 990246224.

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.