Plan Ledger DOL Form 5500 · updated monthly

Parallax Advanced Research Corporation401(k)

PARALLAX ADVANCED RESEARCH CORPORATION 401(K) RETIREMENT PLAN · BEAVERCREEK, OH · plan year 2024

Reported admin expense ratio · 2024
0.27%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Parallax Advanced Research Corporation reported $37,841 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $13,447 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 rose from 0.10% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,537th-largest of 3,295 plans among Ohio employers on file, and 6,317th of 11,654 in professional & technical services. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$16,125,931
Participants with balances225
Active participants150
Employer contributions$2,017,002
Employee contributions$1,924,318
Employer contribution per active participant$13,447
Average account balance$71,671
Benefits paid to participants$2,185,918
Plan auditUnmodified (clean) audit opinion
AuditorREA & ASSOCIATES, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 225 accts · $2.0M emplr
2023$11.8M · 208 accts · $1.8M emplr
2022$7.2M · 181 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Investment management$37,841
Total administrative$37,841
The Parallax Advanced Research Corporation 401(k) match · 2024
Employer contribution per active participant$13,447
Median for plans this size$2,416
2024$13,447 per active participant
2023$10,378 per active participant
2022$8,372 per active participant

Parallax Advanced Research Corporation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$13,172
SCHNEIDER MALE & STRAKOWSKI CO EA · Contract administrator$1,975

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$37,841 · 0.27%
2023$8,861 · 0.09%
2022$5,448 · 0.10%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 161704454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.