401(k) · DOL Form 5500 · 2024

Parachute Health, LLC 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets: 187
Participants Below avg headcount: 56th
Percentile by assets National rank: $54,001
Avg per participant Low balance/head

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Official DOL plan name: Parachute Health 401(k) Plan · Sponsored by Parachute Health, LLC · New Jersey · Information & Media

$10M in assets, 187 participants

Parachute Health, LLC's Parachute Health 401(k) Plan reported $10M in total assets and 187 participants in its 2024 DOL Form 5500 filing, ranking in the 56th 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.

#1,193 in Information & Media (2,822 peers)

Coverage in New Jersey

Parachute Health 401(k) Plan covers 187 participants in New Jersey, about 22% of the average New Jersey filer (state average ~844 per filing). Assets: $10M.

#1,193
in Information & Media (2,822 peers): +69.1%
assets growth YoY

Parachute Health 401(k) Plan's mid-pack asset rank among Information & Media and all filers

Parachute Health 401(k) Plan vs every filed plan by assets

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

$10,098,251 Top 44% higher than 56% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Parachute Health 401(k) 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. Parachute Health 401(k) Plan sits mid-pack in the medium band (187 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Parachute Health 401(k) Plan end-of-year assets rose from $6M in the plan year 2023 filing to $10M in the plan year 2024 filing.
Parachute Health 401(k) Plan reported participants rose from 128 in the plan year 2023 filing to 187 in the plan year 2024 filing.
Parachute Health 401(k) Plan reported net income rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 472341556 · Parachute Health, LLC PY 2024 · 401(k)

Parachute Health 401(k) Plan · $10M · 187 · 56th

BOY $10M
BOY 187
BOY 56th
BOY 401(k)
BOY near The Energy Coalition 401(k) Plan
BOY ind #1193

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 Information & Media retirement plans → · Plans in New Jersey →

End-of-year total assets ($M) among Parachute Health 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)	$6M
Net Assets (End of Year)	$10M
Net Income	$4M
Employer EIN	472341556
Plan Effective Date	2018-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Parachute Health, LLC)

Latest sponsor-wide plan assets: $10M 69.08179048778666% vs 2023; 2024 filing year

Year	Plans	Participants	Total Assets
2023	1	128	$6M
2024	1	187	$10M

Nearby 401(k) Plans in New Jersey

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

Parachute Health 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

JPMorgan Chase 401(k) Savings Plan $52.9B · 185,532
Verizon Savings Plan for Management Employees $29.4B · 69,218
Johnson and Johnson Savings Plan $23.6B · 42,583
Ernst & Young Retirement Savings Plan $18.3B · 56,714
Merck US Savings Plan $15.0B · 27,956

Compare Parachute Health 401(k) Plan side-by-side with 3 peers →

Parachute Health 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is The Energy Coalition 401(k) Plan in CA ($10M); by covered participants it is Media Iq Digital N.a. 401(k) Plan in NY (187 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

The Energy Coalition 401(k) Plan (CA) $10M · 81
Dundee Resort Development Savings Plan (CO) $10M · 222
Intellipro Service Mep (CA) $10M · 297
Linde Puerto Rico B.V. Retirement Savings Plan (PR) $10M · 71

Similar participant headcount

Nearest other-state filings by covered participants (187 participants); asset peers above are excluded.

Media Iq Digital N.a. 401(k) Plan (NY) 187 · 0 off
Pats Aircraft, LLC 401(k) Plan (DE) 187 · 0 off
Rrvw-Tcw Incentive Compensation Savings Plan (ND) 187 · 0 off
Miromar Development Corporation 401(k) Plan (FL) 187 · 0 off

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 Parachute Health 401(k) Plan assets move in 2024? ▼

Parachute Health 401(k) Plan surged - up 69.1% during 2024, from $6M to $10M. Reported net income was $4M.

How have Parachute Health, LLC plan assets changed over time? ▼

Across 2 plan years on file (2023-2024), Parachute Health, LLC's sponsor-wide assets grew 69.1%, from $6M to $10M.

Which 401(k) plans are similar in size to Parachute Health 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is The Energy Coalition 401(k) Plan in CA ($10M, 81 participants).

Which 401(k) plans cover a similar participant headcount to Parachute Health 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Media Iq Digital N.a. 401(k) Plan in NY (187 participants, $10M 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 472341556.