Plan Ledger DOL Form 5500 · updated monthly

Parker Americas Inc.401(k)

PARKER AMERICAS INC. 401(K) RETIREMENT PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Parker Americas Inc. reported $50,521 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,995 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 1 year on file its reported administrative ratio rose from 0.23% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 688th-largest of 1,393 plans among Missouri employers on file, and 6,904th of 13,661 in manufacturing. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,649,613
Participants with balances167
Active participants116
Employer contributions$347,414
Employee contributions$681,056
Employer contribution per active participant$2,995
Average account balance$93,710
Benefits paid to participants$1,888,244
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$15.6M · 167 accts · $347K emplr
2023$14.6M · 171 accts · $242K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,145
Investment management$22,376
Total administrative$50,521
The Parker Americas Inc. 401(k) match · 2024
Employer contribution per active participant$2,995
Median for plans this size$2,416
2024$2,995 per active participant
2023$2,070 per active participant

Parker Americas 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$28,144
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$22,372

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

Administrative cost history2
2024$50,521 · 0.33%
2023$33,711 · 0.23%
Same employer
Similar plansManufacturing · Missouri
Positronic Industries, Inc. MO$16.1M · 0.50%
Clayton Corporation MO$16.0M · 0.01%
Nomax, Inc. MO$15.8M · 0.52%
Rcd LLC MO$15.7M · 0.42%
Semco LLC MO$15.6M · 0.54%
Buchheit Enterprises, Inc. MO$15.3M · 0.34%
Timken Smo LLC MO$15.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270036698 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.