ESOP · DOL Form 5500 · 2024

Paracorp, Inc. ESOP

Data updated 2026-08-25

$16M
Total assets Small plan by assets
94
Participants Small participant base
66th
Percentile by assets National rank
$174,165
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

$16M in assets, 94 participants

Paracorp, Inc.'s Parasec Employee Stock Ownership Plan and Trust reported $16M in total assets and 94 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • #13,181 in Professional & Technical Services (20,173 peers)

What the 2024 filing shows

Parasec Employee Stock Ownership Plan and Trust holds $16M for 94 participants - about $174,165 per participant, above the median plan by assets.

#13,181
in Professional & Technical Services (20,173 peers)
+6.3%
assets growth YoY

Parasec Employee Stock Ownership Plan and Trust's mid-pack asset rank among Professional & Technical Services and all filers

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

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

$16,371,468 Top 34% higher than 66% 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

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

Plan-year 2024 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 (94 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Parasec Employee Stock Ownership Plan and Trust reported net income rose from $466K in the plan year 2023 filing to $974K in the plan year 2024 filing.
  • Parasec Employee Stock Ownership Plan and Trust end-of-year assets rose from $15M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Parasec Employee Stock Ownership Plan and Trust reported participants rose from 92 in the plan year 2023 filing to 94 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 942756118 · Paracorp, Inc. PY 2024 · ESOP

Parasec Employee Stock Ownership Plan and Trust · $16M · 94 · 66th

  • BOY $16M
  • BOY 94
  • BOY 66th
  • BOY ESOP
  • BOY near East Coast Appliance Employee Stock Ownership Plan
  • BOY ind #13181

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

Midwest Equipment Company Employee Stock Ownership PlanMidwest Equipment Company Em…$16MLockheed Martin Corporation Capital Accumulation Plan for Hourly EesLockheed Martin Corporation …$16MParasec Employee Stock Ownership Plan and TrustParasec Employee Stock Owner…$16MEast Coast Appliance Employee Stock Ownership PlanEast Coast Appliance Employe…$16MColumbus Chemical Industries, Inc. Employee Stock Ownership PlanColumbus Chemical Industries…$16M
End-of-year total assets ($M) among Parasec Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$16M
Net Income$974K
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 -20246 Total assets ($B) Participants Parasec Employee Stock Ownership Plan and Trust, Total assets ($B): 0.016371468 · Participants: 94Parasec Employee Stock Ownership Plan and TrustParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. 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 East Coast Appliance Employee Stock Ownership Plan in VA ($16M); by covered participants it is Community First Bank Employee Stock Ownership Plan in WI (94 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (94 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 Parasec Employee Stock Ownership Plan and Trust assets move in 2024? ▼
Parasec Employee Stock Ownership Plan and Trust grew at a solid clip - up 6.3% during 2024, from $15M to $16M. Reported net income was $974K.
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 East Coast Appliance Employee Stock Ownership Plan in VA ($16M, 85 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 Community First Bank Employee Stock Ownership Plan in WI (94 participants, $4M 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 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.