Plan Ledger DOL Form 5500 · updated monthly

Parman Holdings Corp.ESOP

PARMAN HOLDINGS CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN · NASHVILLE, TN · plan year 2024

Employer contribution per participant · 2024
$15,732

Parman Holdings Corp.'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 $18,610,596 across 181 participant accounts, with employer contributions averaging $15,732 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 582nd-largest of 1,496 plans among Tennessee employers on file, and the 2,012th of 4,246 in wholesale trade. active participation has grown from 136 to 159 since 2022.

Plan summary
Net assets, end of year$18,610,596
Participants with balances181
Active participants159
Employer contributions$2,501,450
Employee contributions—
Employer contribution per active participant$15,732
Average account balance$102,821
Benefits paid to participants$737,329
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 181 accts · $2.5M emplr
2023$14.9M · 168 accts · $2.1M emplr
2022$11.4M · 158 accts · $2.3M emplr
Employer contributions to the Parman Holdings Corp. plan · 2024
Employer contribution per active participant$15,732
Median for plans this size$2,416
2024$15,732 per active participant
2023$14,644 per active participant
2022$17,237 per active participant

Parman Holdings Corp.'s 2024 employer contribution ran above the $2,416 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
PARMAN 401(K) PLAN401(k)
PARMAN HOLDINGS CORPORATION EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 621401507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.