Plan Ledger DOL Form 5500 · updated monthly

Parsons Company, Inc.401(k)

PARSONS COMPANY, INC. PROFIT SHARING AND 401(K) PLAN · ROANOKE, IL · plan year 2025

Reported admin expense ratio · 2025
0.28%

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

Parsons Company, Inc. reported $87,935 in plan administrative expenses for 2025: 0.28% of average plan assets, above the peer median. Employer contributions averaged $6,549 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 4 years on file its reported administrative ratio has held roughly steady near 0.284%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,244th-largest of 3,702 plans among Illinois employers on file, and the 4,210th of 13,661 in manufacturing. In 2025, the employer put in $1.93 for every $1.00 employees contributed themselves; active participation has grown from 180 to 250 since 2022.

Plan summary
Net assets, end of year$32,783,551
Participants with balances273
Active participants250
Employer contributions$1,637,246
Employee contributions$847,687
Employer contribution per active participant$6,549
Average account balance$120,086
Benefits paid to participants$2,720,292
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$32.8M · 273 accts · $1.6M emplr
2024$29.0M · 229 accts · $1.4M emplr
2023$27.5M · 226 accts · $1.3M emplr
2022$23.4M · 206 accts · $1.2M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$87,935
Total administrative$87,935
The Parsons Company, Inc. 401(k) match · 2025
Employer contribution per active participant$6,549
Median for plans this size$2,666
2025$6,549 per active participant
2024$6,860 per active participant
2023$6,618 per active participant
2022$6,821 per active participant

Parsons Company, Inc.'s 2025 employer contribution ran above the $2,666 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.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$87,934
LPL FINANCIAL LLC - RPCP · Investment advisory (plan)indirect comp

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

Administrative cost history4
2025$87,935 · 0.28%
2024$82,751 · 0.29%
2023$71,407 · 0.28%
2022$69,963 · 0.28%
Same employer
Similar plansManufacturing · Illinois
Stevens Industries, Inc. IL$33.6M · 0.37%
Radiac Abrasives, Inc. IL$33.4M · 0.34%
Tc Industries, Inc. IL$33.2M · 0.05%
Dukane Ias, LLC IL$32.7M · 0.26%
Melinta Subsidiary Corp. IL$32.7M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371184579 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.