Parsons CorporationESOP
PARSONS EMPLOYEE STOCK OWNERSHIP PLAN · PASADENA, CA · plan year 2024
Parsons Corporation'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 $4,992,548,439 across 18,372 participant accounts, with employer contributions averaging $207 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 31st-largest of 9,483 plans among California employers on file, and the 29th of 11,654 in professional & technical services.
Parsons Corporation's 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 953232481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.