Plan Ledger DOL Form 5500 · updated monthly

Parametric Solutions Inc.401(k)

PARAMETRIC SOLUTIONS INC. 401(K) PROFIT SHARING PLAN AND TRUST · JUPITER, FL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Parametric Solutions Inc. reported $51,616 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,751 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 3 years on file its reported administrative ratio has held roughly steady near 0.20%. 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 883rd-largest of 3,644 plans among Florida employers on file, and the 4,458th of 11,654 in professional & technical services. In 2024, employees put in $2.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,345,070
Participants with balances266
Active participants136
Employer contributions$374,111
Employee contributions$1,097,631
Employer contribution per active participant$2,751
Average account balance$102,801
Benefits paid to participants$1,792,484
Plan auditUnmodified (clean) audit opinion
AuditorSOLES & COMPANY P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$27.3M · 266 accts · $374K emplr
2023$24.3M · 249 accts · $418K emplr
2022$21.0M · 267 accts · $475K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,734
Investment management$24,882
Total administrative$51,616
The Parametric Solutions Inc. 401(k) match · 2024
Employer contribution per active participant$2,751
Median for plans this size$2,416
2024$2,751 per active participant
2023$3,636 per active participant
2022$3,297 per active participant

Parametric Solutions Inc.'s 2024 employer contribution ran above the $2,416 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.

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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,734
EXPAND FINANCIAL · Investment advisory (plan)$24,882

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$51,616 · 0.20%
2023$43,762 · 0.19%
2022$47,596 · 0.21%
Same employer
Similar plansProfessional & Technical Services · Florida
Kerkering, Barberio & Co. FL$28.3M · 0.25%
S-One Holdings Corporation FL$28.3M · 0.63%
Sr Technologies, Inc. FL$26.0M · 0.01%
Revalize Software, Inc. FL$25.9M · 0.29%
Biotissue Holdings, Inc. FL$25.6M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251705516 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.