Parallel Ag. 401(K) Plan — Form 5500 plan (Parallel Ag.)
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, Parallel Ag. 401(K) Plan is a benefit plan reported by Parallel Ag. under EIN 73-1300494 and plan number 003. The latest loaded filing year is 2023. The filing reports 263 participants and $7,134,337 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Parallel Ag.
- EIN
- 73-1300494
- Plan number
- 003
- Plan type
- 2
- Location
- Chickasha, OK
- Latest filing year
- 2023
- Participants
- 263
- End-of-year plan assets
- $7,134,337
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 263 | H, C | 20241011101816NAL0010807795001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,134,337
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,134,337
- Net assets (BOY)
- $6,252,621
Income & contributions
- Employer contributions
- $345,968
- Participant contributions
- $600,630
- Total contributions
- $1,032,021
- Total income / additions
- $2,040,444
Expenses & distributions
- Benefits paid
- $1,110,748
- Administrative expenses
- $44,438
- Total expenses
- $1,158,728
- Net increase / (decrease)
- $881,716
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Iron Horse Wealth Mgmt | NONE | $22,460 | not reported in the loaded dataset | 2023 |
| The Vanguard Group, Inc. | NONE | $21,978 | $0 | 2023 |