401(k) · DOL Form 5500 · 2024

Parasole Restaurant Holdings, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
502
Participants Below avg headcount
53rd
Percentile by assets National rank
$17,513
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Parasole Employee 401(k) Profit Sharing & Savings Plan · Sponsored by Parasole Restaurant Holdings, Inc. · Minnesota · Food Services & Accommodation

$9M in assets, 502 participants

Parasole Restaurant Holdings, Inc.'s Parasole Employee 401(k) Profit Sharing & Savings Plan reported $9M in total assets and 502 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #3,047 in Food Services & Accommodation (3,672 peers)

Coverage in Minnesota

Parasole Employee 401(k) Profit Sharing & Savings Plan covers 502 participants in Minnesota, about 45% of the average Minnesota filer (state average ~1,126 per filing). Assets: $9M.

#3,047
in Food Services & Accommodation (3,672 peers)
+10.2%
assets growth YoY

Parasole Employee 401(k) Profit Sharing & Savings Plan's mid-pack asset rank among Food Services & Accommodation and all filers

Parasole Employee 401(k) Profit Sharing & Savings Plan vs every filed plan by assets

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

$8,791,742 Top 47% higher than 53% 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

Parasole Employee 401(k) Profit Sharing & Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Parasole Employee 401(k) Profit Sharing & Savings Plan sits mid-pack in the medium band (502 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Parasole Employee 401(k) Profit Sharing & Savings Plan reported net income fell from $1M in the plan year 2023 filing to $747K in the plan year 2024 filing.
  • Parasole Employee 401(k) Profit Sharing & Savings Plan end-of-year assets rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 411570783 · Parasole Restaurant Holdings, Inc. PY 2024 · 401(k)

Parasole Employee 401(k) Profit Sharing & Savings Plan · $9M · 502 · 53rd

  • EIN $9M
  • EIN 502
  • EIN 53rd
  • EIN 401(k)
  • EIN near The Old Globe 401(k) Plan
  • EIN ind #3047

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 Food Services & Accommodation retirement plans → · Plans in Minnesota →

Parasole Employee 401(k) Profit Sharing & Savings Plan in the asset neighbourhood

Parasole Employee 401(k) Profit Sharing & Savings PlanParasole Employee 401(k) Pro…$9MThe Old Globe 401(k) Plan$9MCp Capital (US) Partners LP 401(k) PlanCp Capital (US) Partners LP …$9MNortal, LLC 401(k) Profit Sharing PlanNortal, LLC 401(k) Profit Sh…$9MEdict Systems, Inc. 401(k) Profit Sharing Plan and TrustEdict Systems, Inc. 401(k) P…$9M
End-of-year total assets ($M) among Parasole Employee 401(k) Profit Sharing & Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$747K
Employer EIN411570783
Plan Effective Date1989-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Parasole Restaurant Holdings, Inc.)

Sponsor-wide plan assets over time

All Parasole Restaurant Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 29.270799836554097% vs 2022
2024 filing year
$6M$7M$8M$9M 202220232024 $6.8M $8.79M ▲ +29.3%
Year Plans Participants Total Assets
2022 1 380 $7M
2023 1 499 $8M
2024 1 502 $9M

Nearby 401(k) Plans in Minnesota

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

Parasole Employee 401(k) Profit Sharing & Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Parasole Employee 401(k) Profit Sharing & Savings Plan, Total assets ($B): 0.008791742 · Participants: 502Parasole Employee 401(k) Profit Sharing & Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Parasole Employee 401(k) Profit Sharing & Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Parasole Employee 401(k) Profit Sharing & Savings Plan side-by-side with 3 peers →

Parasole Employee 401(k) Profit Sharing & Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is The Old Globe 401(k) Plan in CA ($9M); by covered participants it is Dwyeromega Safe Harbor 401(k) Plan in IN (502 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (502 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 Parasole Employee 401(k) Profit Sharing & Savings Plan assets move in 2024? ▼
Parasole Employee 401(k) Profit Sharing & Savings Plan grew at a solid clip - up 10.2% during 2024, from $8M to $9M. Reported net income was $747K.
How have Parasole Restaurant Holdings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Parasole Restaurant Holdings, Inc.'s sponsor-wide assets grew 29.3%, from $7M to $9M.
Which 401(k) plans are similar in size to Parasole Employee 401(k) Profit Sharing & Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Old Globe 401(k) Plan in CA ($9M, 86 participants).
Which 401(k) plans cover a similar participant headcount to Parasole Employee 401(k) Profit Sharing & Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dwyeromega Safe Harbor 401(k) Plan in IN (502 participants, $118M 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 411570783.

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.