401(k) · DOL Form 5500 · 2024

The Parrott Group, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
255
Participants Below avg headcount
51st
Percentile by assets National rank
$31,862
Avg per participant Low balance/head
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Official DOL plan name: The Parrott Grp Inc 401(k) Salary Reduction Pl · Sponsored by The Parrott Group, Inc. · South Carolina · Retail Trade

$8M in assets, 255 participants

The Parrott Group, Inc.'s The Parrott Grp Inc 401(k) Salary Reduction Pl reported $8M in total assets and 255 participants in its 2024 DOL Form 5500 filing, ranking in the 51st 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.

  • #4,965 in Retail Trade (8,048 peers)

The Parrott Group, Inc. multi-year trail

The Parrott Group, Inc.'s plans moved +40.0% in assets from 2022 to 2024; this filing shows The Parrott Grp Inc 401(k) Salary Reduction Pl at $8M / 255 participants.

#4,965
in Retail Trade (8,048 peers)
+10.6%
assets growth YoY

The Parrott Grp Inc 401(k) Salary Reduction Pl's mid-pack asset rank among Retail Trade and all filers

The Parrott Grp Inc 401(k) Salary Reduction Pl vs every filed plan by assets

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

$8,124,842 Top 49% higher than 51% 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

The Parrott Grp Inc 401(k) Salary Reduction Pl 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. The Parrott Grp Inc 401(k) Salary Reduction Pl sits mid-pack in the medium band (255 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Parrott Grp Inc 401(k) Salary Reduction Pl reported net income fell from $2M in the plan year 2023 filing to $778K in the plan year 2024 filing.
  • The Parrott Grp Inc 401(k) Salary Reduction Pl reported participants rose from 225 in the plan year 2023 filing to 255 in the plan year 2024 filing.
  • The Parrott Grp Inc 401(k) Salary Reduction Pl end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 570936400 · The Parrott Group, Inc. PY 2024 · 401(k)

The Parrott Grp Inc 401(k) Salary Reduction Pl · $8M · 255 · 51st

  • 5500 $8M
  • 5500 255
  • 5500 51st
  • 5500 401(k)
  • 5500 near Otero Federal Credit Union 401(k) Plan and Trust
  • 5500 ind #4965

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 Retail Trade retirement plans → · Plans in South Carolina →

The Parrott Grp Inc 401(k) Salary Reduction Pl in the asset neighbourhood

Flight Systems Industrial Products, Inc. 401(k) Savings PlanFlight Systems Industrial Pr…$8MThe Parrott Grp Inc 401(k) Salary Reduction PlThe Parrott Grp Inc 401(k) S…$8MOtero Federal Credit Union 401(k) Plan and TrustOtero Federal Credit Union 4…$8MAllison Mackenzie, Ltd. Retirement PlanAllison Mackenzie, Ltd. Reti…$8MNog, Inc. 401(k) Plan$8M
End-of-year total assets ($M) among The Parrott Grp Inc 401(k) Salary Reduction Pl and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

The Parrott Group, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All The Parrott Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 39.95262705232677% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $5.81M $8.12M ▲ +39.8%
Year Plans Participants Total Assets
2022 1 196 $6M
2023 1 225 $7M
2024 1 255 $8M

The Parrott Group, Inc. filing trail (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$778K
Employer EIN570936400
Plan Effective Date1994-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in South Carolina

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

The Parrott Grp Inc 401(k) Salary Reduction Pl vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants The Parrott Grp Inc 401(k) Salary Reduction Pl, Total assets ($B): 0.008124842 · Participants: 255The Parrott Grp Inc 401(k) Salary Reduction PlMichelin 401(k) Savings Plan, Total assets ($B): 4.477517422 · Participants: 15095Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.829914985 · Participants: 9296The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.663698617 · Participants: 11813Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.460862801 · Participants: 11878Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction PlanThe Milliken Retirement Plan, Total assets ($B): 1.350798497 · Participants: 5733The Milliken Retirement Plan
The Parrott Grp Inc 401(k) Salary Reduction Pl vs. nearby 401(k) plans in South Carolina, assets vs. participants

The Parrott Grp Inc 401(k) Salary Reduction Pl's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Otero Federal Credit Union 401(k) Plan and Trust in NM ($8M); by covered participants it is National Auto Care 401(k) Plan in OH (255 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (255 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 The Parrott Grp Inc 401(k) Salary Reduction Pl assets move in 2024?
The Parrott Grp Inc 401(k) Salary Reduction Pl grew at a solid clip - up 10.6% during 2024, from $7M to $8M. Reported net income was $778K.
How have The Parrott Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Parrott Group, Inc.'s sponsor-wide assets grew 40.0%, from $6M to $8M.
Which 401(k) plans are similar in size to The Parrott Grp Inc 401(k) Salary Reduction Pl?
Among 401(k) plans in other states, the closest by assets is Otero Federal Credit Union 401(k) Plan and Trust in NM ($8M, 75 participants).
Which 401(k) plans cover a similar participant headcount to The Parrott Grp Inc 401(k) Salary Reduction Pl?
Among 401(k) plans in other states, the closest by covered participants is National Auto Care 401(k) Plan in OH (255 participants, N/A in assets).