401(k) · DOL Form 5500 · 2024

Parker Towing Company, Inc. 401(k) Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
441
Participants Below avg headcount
83rd
Percentile by assets National rank
$101,945
Avg per participant Below avg balance/head
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Official DOL plan name: Parker Towing Company, Inc. 401(k) Profit Sharing Plan · Sponsored by Parker Towing Company, Inc. · Alabama · Transportation & Warehousing

$45M in assets, 441 participants

Parker Towing Company, Inc.'s Parker Towing Company, Inc. 401(k) Profit Sharing Plan reported $45M in total assets and 441 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #2,693 in Transportation & Warehousing (3,299 peers)

Where Parker Towing Company, Inc. 401(k) Profit Sharing Plan sits by assets

Parker Towing Company, Inc. 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $45M for 441 participants (~$101,945/participant), up 17.0% in 2024.

#2,693
in Transportation & Warehousing (3,299 peers)
+17.0%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Parker Towing Company, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Parker Towing Company, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$44,957,783 Top 17% higher than 83% 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

Parker Towing Company, Inc. 401(k) Profit Sharing 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. Parker Towing Company, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (441 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Parker Towing Company, Inc. 401(k) Profit Sharing Plan reported participants rose from 360 in the plan year 2023 filing to 441 in the plan year 2024 filing.
  • Parker Towing Company, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $38M in the plan year 2023 filing to $45M in the plan year 2024 filing.
  • Parker Towing Company, Inc. 401(k) Profit Sharing Plan reported net income fell from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 630362042 · Parker Towing Company, Inc. PY 2024 · 401(k)

Parker Towing Company, Inc. 401(k) Profit Sharing Plan · $45M · 441 · 83rd

  • SCH $45M
  • SCH 441
  • SCH 83rd
  • SCH 401(k)
  • SCH near Columbus Technologies and Services, Inc. 401(k) Profit Sharing Plan
  • SCH ind #2693

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 Transportation & Warehousing retirement plans → · Plans in Alabama →

Parker Towing Company, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Parker Towing Company, Inc. 401(k) Profit Sharing PlanParker Towing Company, Inc. …$45MColumbus Technologies and Services, Inc. 401(k) Profit Sharing PlanColumbus Technologies and Se…$45MSharonview Federal Credit Union 401(k) PlanSharonview Federal Credit Un…$45MAbc Fine Wine & Spirits 401(k) Retirement & Savings PlanAbc Fine Wine & Spirits 401(…$45MWieland Rolled Products North America Buffalo, Inc. and United Steelworkers Local 593 401(k) Retirement PlanWieland Rolled Products Nort…$45M
End-of-year total assets ($M) among Parker Towing Company, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$45M
Net Income$5M
Employer EIN630362042
Plan Effective Date1975-06-13
Filing StatusFILING RECEIVED

Sponsor Plan History (Parker Towing Company, Inc.)

Sponsor-wide plan assets over time

All Parker Towing Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$45M 35.478892230658765% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $33.2M $45M ▲ +35.5%
Year Plans Participants Total Assets
2022 1 347 $33M
2023 1 360 $38M
2024 1 441 $45M

Nearby 401(k) Plans in Alabama

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

Parker Towing Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Parker Towing Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.044957783 · Participants: 441Parker Towing Company, Inc. 401(k) Profit Sharing PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 3.197489981 · Participants: 20783Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.722944967 · Participants: 29454Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.651353194 · Participants: 4638Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.472398962 · Participants: 8628Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.234118844 · Participants: 6167Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Parker Towing Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Parker Towing Company, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Columbus Technologies and Services, Inc. 401(k) Profit Sharing Plan in CA ($45M); by covered participants it is Potato Products of Idaho 401(k) Plan in ID (441 participants). Same-state nearby plans are listed separately above.

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 Parker Towing Company, Inc. 401(k) Profit Sharing Plan assets move in 2024?
Parker Towing Company, Inc. 401(k) Profit Sharing Plan grew sharply - up 17.0% during 2024, from $38M to $45M. Reported net income was $5M.
How have Parker Towing Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Parker Towing Company, Inc.'s sponsor-wide assets grew 35.5%, from $33M to $45M.
Where does Parker Towing Company, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Parker Towing Company, Inc. 401(k) Profit Sharing Plan ranks in the 83rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Parker Towing Company, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Columbus Technologies and Services, Inc. 401(k) Profit Sharing Plan in CA ($45M, 127 participants).
Which 401(k) plans cover a similar participant headcount to Parker Towing Company, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Potato Products of Idaho 401(k) Plan in ID (441 participants, $6M in assets).