Par Technology Corporation401(k)
PAR TECHNOLOGY CORPORATION RETIREMENT PLAN · NEW HARTFORD, NY · plan year 2023
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Par Technology Corporation reported $205,289 in plan administrative expenses for 2023: 0.20% of average plan assets, above the peer median. Employer contributions averaged $2,160 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio fell from 0.22% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 714th-largest of 5,648 plans among New York employers on file, and the 1,336th of 11,654 in professional & technical services. In 2023, employees put in $3.40 for every $1.00 the employer contributed.
Par Technology Corporation's 2023 employer contribution ran below the $3,659 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 161434688 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.