Plan Ledger DOL Form 5500 · updated monthly

Parallel Employment Group, Inc.401(k)

PARALLEL EMPLOYMENT GROUP 401(K) PLAN · OAK CREEK, WI · plan year 2022

Reported admin expense ratio · 2022
0.17%

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

Parallel Employment Group, Inc. reported $2,416 in plan administrative expenses for 2022: 0.17% of average plan assets, below the peer median. Employer contributions averaged $117 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Wisconsin (1,877th of 1,936), and 2,106th of 2,534 in administrative & support services. In 2022, employees put in $4.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,290,580
Participants with balances40
Active participants272
Employer contributions$31,690
Employee contributions$156,155
Employer contribution per active participant$117
Average account balance$32,265
Benefits paid to participants$109,382
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS CPAS & ADVISORS
Administrative expenses, itemized · 2022
Professional / advisory$2,416
Total administrative$2,416
The Parallel Employment Group, Inc. 401(k) match · 2022
Employer contribution per active participant$117
Median for plans this size$1,114

Parallel Employment Group, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,416 · 0.17%
Similar plansAdministrative & Support Services · Wisconsin
Psab Enterprises Inc WI$1.5M · 0.03%
Swat Group, Inc. WI$1.2M · 0.24%
Paloma Legacy LLC WI$1.2M · 1.09%
Mayfair Integrated, Inc. WI$1.1M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391592000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.