Plan Ledger DOL Form 5500 · updated monthly

Paridise Holdings, Inc.ESOP

PARIDISE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · SAN DIEGO, CA · plan year 2024

Employer contribution per participant · 2024
$29,727

Paridise Holdings, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $461,067,908 across 502 participant accounts, with employer contributions averaging $29,727 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 283rd-largest of 9,483 plans among California employers on file, and the 121st of 3,091 in educational services. active participation has grown from 221 to 247 since 2022.

Plan summary
Net assets, end of year$461,067,908
Participants with balances502
Active participants247
Employer contributions$7,342,677
Employee contributions—
Employer contribution per active participant$29,727
Average account balance$918,462
Benefits paid to participants$9,295,849
Plan auditUnmodified (clean) audit opinion
AuditorMST, ACCOUNTANCY CORP
Plan history3
Yearassets · accounts · employer contribution
2024$461.1M · 502 accts · $7.3M emplr
2023$369.2M · 460 accts · $3.3M emplr
2022$349.5M · 419 accts · $1.2M emplr
Employer contributions to the Paridise Holdings, Inc. plan · 2024
Employer contribution per active participant$29,727
Median for plans this size$4,294
2024$29,727 per active participant
2023$14,580 per active participant
2022$5,222 per active participant

Paridise Holdings, Inc.'s 2024 employer contribution ran above the $4,294 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Similar plansEducational Services · California
Pepperdine University CA$633.5M · 0.07%
Loyola Marymount University CA$538.0M · 0.08%
Santa Clara University CA$520.4M · 0.02%
University of San Francisco CA$468.2M · 0.05%
Pomona College CA$380.0M · 0.03%
Occidental College CA$320.8M · 0.05%
National University CA$319.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330795536 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.