Money Purchase · DOL Form 5500 · 2024
Parallel Vision, Inc. Money Purchase Plan
Data updated 2026-08-11
- $1M
- Total assets
- 2
- Participants
- 25th
- Percentile by assets
- $618,929
- Avg per participant
Official DOL plan name: Parallel Vision, Inc. Pension Plan · Sponsored by Parallel Vision, Inc. · New York · Administrative & Support Services
$1M in assets, 2 participants
Parallel Vision, Inc.'s Parallel Vision, Inc. Pension Plan reported $1M in total assets and 2 participants in its 2024 DOL Form 5500 filing, ranking in the 25th 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.
- 25th percentile by assets (of 123,622 plans)
- #2,136 in Administrative & Support Services (4,368 peers)
Administrative & Support Services sector rank
Within Administrative & Support Services, Parallel Vision, Inc. Pension Plan ranks #2,136 of 4,368 2024 filers by assets (2331% of the sector average)-$1M for 2 participants.
- $1M
- total plan assets (2024 EOY)
- 2
- covered participants
- 25th
- percentile by assets (of 123,622 plans)
- $618,929
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Parallel Vision, Inc. Pension Plan reported net income rose from $144K in the plan year 2023 filing to $174K in the plan year 2024 filing.
- Parallel Vision, Inc. Pension Plan end-of-year assets rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
Rank #2,136 in Administrative & Support Services
Among 4,368 Administrative & Support Services plans that filed a Form 5500 for plan year 2024, Parallel Vision, Inc. Pension Plan ranks #2,136 by end-of-year assets - about 2331% of the sector average of $29M. Nationally it sits in the 25th percentile, a stronger position within its industry than across all filers.
Administrative & Support Services filing particulars
| Total Assets (Beginning of Year) | $1M |
|---|---|
| Net Assets (End of Year) | $1M |
| Net Income | $174K |
| Employer EIN | 113577471 |
| Plan Effective Date | 2001-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Parallel Vision, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2 | $919K |
| 2023 | 1 | 2 | $1M |
| 2024 | 1 | 2 | $1M |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Parallel Vision, Inc. Pension Plan vs. nearby Money Purchase plans in New York, assets vs. participants
- Tiaa Retirement Plan $5.9B · 11,906
- Young Men's Christian Association Retirement Fund Retirement Plan $3.9B · 47,199
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan $2.2B · 15,274
- Brookhaven Science Associates, LLC Retirement Plan $1.5B · 2,624
- Iron Workers Locals 40, 361 & 417 Annuity Fund $1.2B · 2,357
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Parallel Vision, Inc. Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Parallel Vision, Inc. Pension Plan assets move in 2024? ▼
How have Parallel Vision, Inc. plan assets changed over time? ▼
Where does Parallel Vision, Inc. Pension Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Parallel Vision, Inc. Pension Plan? ▼
Next read for Parallel Vision, Inc. Pension Plan
Filing takeaways
Ways to act on Parallel Vision, Inc. Pension Plan's numbers.
- By total assets, Parallel Vision, Inc. Pension Plan ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in New York. Compare plans
- Parallel Vision, Inc.'s sponsor-wide assets have grown 34.6% since 2022 across 3 plan years on file. More Administrative & Support Services plans