How much does Parksite, Inc. contribute to its ESOP?

In 2022, employer contributions to the Parksite, Inc. plan averaged $13,146 per active participant, above the $4,065 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Parksite, Inc. 401(k)?

The average participant account balance was $308,879 for plan year 2022, based on 784 accounts.

Parksite, Inc.ESOP

Name: Parksite, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

PARKSITE INC. EMPLOYEE STOCK OWNERSHIP PLAN · BATAVIA, IL · plan year 2022

Employer contribution per participant · 2022

$13,146

Parksite, Inc.'s 2022 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 $242,161,072 across 784 participant accounts, with employer contributions averaging $13,146 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 2,568 comparable plans and shown alongside other wholesale trade employers. By assets it is the 285th-largest of 3,702 plans among Illinois employers on file, and the 197th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$242,161,072
Participants with balances784
Active participants552
Employer contributions$7,256,744
Employee contributions—
Employer contribution per active participant$13,146
Average account balance$308,879
Benefits paid to participants$35,195,043
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP

Plan history3

Yearassets · accounts · employer contribution

2024$203.7M · 841 accts · $4.7M emplr

2023$208.5M · 822 accts · $8.4M emplr

2022$242.2M · 784 accts · $7.3M emplr

Employer contributions to the Parksite, Inc. plan · 2022

Employer contribution per active participant$13,146

Median for plans this size$4,065

2024$8,557 per active participant

2023$14,145 per active participant

2022$13,146 per active participant

Parksite, Inc.'s 2022 employer contribution ran above the $4,065 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

All plans at this employer2

PARKSITE INC. EMPLOYEE STOCK OWNERSHIP PLANESOP

PARKSITE 401(K) PLAN401(k)

Same employer

Parksite, Inc.'s health & benefits plan: carriers, premiums & broker pay

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Source: U.S. Department of Labor, Form 5500 series, EIN 362741965 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.