Plan Ledger DOL Form 5500 · updated monthly

Parc, Inc.401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF PARC, INC. · ST PETERSBURG, FL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Parc, Inc. reported $1,321 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $297 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 0.02% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (2,633rd of 3,644), and 2,426th of 3,341 in other services. In 2024, employees put in $4.73 for every $1.00 the employer contributed; active participation has shrunk from 385 to 325 since 2022.

Plan summary
Net assets, end of year$4,265,598
Participants with balances622
Active participants325
Employer contributions$96,505
Employee contributions$456,422
Employer contribution per active participant$297
Average account balance$6,858
Benefits paid to participants$625,861
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 622 accts · $97K emplr
2023$3.9M · 518 accts · $79K emplr
2022$3.0M · 542 accts · $68K emplr
The Parc, Inc. 401(k) match · 2024
Employer contribution per active participant$297
Median for plans this size$1,313
2024$297 per active participant
2023$229 per active participant
2022$177 per active participant

Parc, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,321

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,321 · 0.03%
2023$7,514 · 0.22%
2022$458 · 0.02%
Same employer
Similar plansOther Services · Florida
Commercial Jet, Inc. FL$4.5M · 0.04%
Right Way Plumbing Co. FL$4.5M · 0.66%
Children's Home Network FL$3.7M · 0.71%
Tsp Institute, Inc. FL$3.5M · 2.06%
A.R.M. 401(K) Plan FL$3.2M · 1.08%
John Paul USA FL$3.1M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590791038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.