Parman 401(K) Plan — Form 5500 plan (Parman Holdings Corp.)
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, Parman 401(K) Plan is a benefit plan reported by Parman Holdings Corp. under EIN 62-1401507 and plan number 001. The latest loaded filing year is 2023. The filing reports 204 participants and $13,726,555 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Parman Holdings Corp.
- EIN
- 62-1401507
- Plan number
- 001
- Plan type
- 2
- Location
- Nashville, TN
- Latest filing year
- 2023
- Participants
- 204
- End-of-year plan assets
- $13,726,555
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 204 | H, C | 20250715170244NAL0001798691001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,726,555
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,726,555
- Net assets (BOY)
- $11,704,908
Income & contributions
- Participant contributions
- $954,764
- Total contributions
- $959,512
- Total income / additions
- $3,952,211
Expenses & distributions
- Benefits paid
- $1,860,343
- Administrative expenses
- $67,038
- Total expenses
- $1,930,564
- Net increase / (decrease)
- $2,021,647
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $67,817 | $0 | 2023 |
| First Horizon Advisors | INVESTMENT ADVISORY | $0 | $43,445 | 2023 |
| Parman Holdings Corp | TRUSTEE | $0 | $7,121 | 2023 |