The Parrott Group, Inc. 401(K) Salary Reduction Plan — Form 5500 plan (The Parrott Group, Inc.)

Plain-English plan 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, The Parrott Group, Inc. 401(K) Salary Reduction Plan is a benefit plan reported by The Parrott Group, Inc. under EIN 57-0936400 and plan number 001. The latest loaded filing year is 2023. The filing reports 295 participants and $7,346,676 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
The Parrott Group, Inc.
EIN
57-0936400
Plan number
001
Plan type
2
Location
Florence, SC
Latest filing year
2023
Participants
295
End-of-year plan assets
$7,346,676

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023295H, C20250714160854NAL0001755840001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,346,676
Total liabilities (EOY)
$0
Net assets (EOY)
$7,346,676
Net assets (BOY)
$5,805,423

Income & contributions

Employer contributions
$334,792
Participant contributions
$397,086
Total contributions
$750,408
Total income / additions
$2,059,730

Expenses & distributions

Benefits paid
$427,779
Administrative expenses
$55,156
Total expenses
$518,477
Net increase / (decrease)
$1,541,253

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Group, Inc.RECORD-KEEPER$30,296$02023
WrfaADVISOR$21,752not reported in the loaded dataset2023

Related Form 5500 pages