2023 Form 5500 filing — Parallel Ag. 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241011101816NAL0010807795001) for Parallel Ag. 401(K) Plan, reported by Parallel Ag. under EIN 73-1300494 and plan number 003. It reports 263 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011101816NAL0010807795001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Parallel Ag.
- EIN
- 73-1300494
- Plan number
- 003
- Location
- Chickasha, OK
- Participants
- 263
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,134,337
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,134,337
- Employer contributions
- $345,968
- Participant contributions
- $600,630
- Total income / additions
- $2,040,444
- Benefits paid
- $1,110,748
- Administrative expenses
- $44,438
- Total expenses
- $1,158,728
- Net increase / (decrease)
- $881,716
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Iron Horse Wealth Mgmt | NONE | $22,460 | not reported in the loaded dataset |
| The Vanguard Group, Inc. | NONE | $21,978 | $0 |