How big is Parallel Solutions Inc.'s plan?

Parallel Solutions Inc.'s plan reported $2.0M in assets and 8 participants for 2024.

Original filing (PDF)20250813122157NAL0009070305001

Parallel Solutions Inc.

Name: Parallel Solutions Inc. — Parallel Solutions 401(k), Form 5500 (2024)
Creator: Parallel Solutions Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Parallel Solutions 401(k) and Profit Sharing Plan

401(k) retirement plan · Parallel Solutions Inc.'s Parallel Solutions 401(k) and Profit Sharing Plan held $2.0M in plan assets for 8 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$2.0M

Net assets (EOY)

$2.0M

People on this filing

Katia Panico signed Parallel Solutions Inc.'s 2024 Form 5500 as plan administrator.

Katia Panico — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Parallel Solutions Inc.'s EIN is 11-3843736.

EIN 11-3843736

Plan number 001

Plan year 2024

ACK ID 20250813122157NAL0009070305001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Parallel Solutions Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Parallel Solutions Inc.'s plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

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Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.
High account-holder ratio — balance-holders per active participant in the top 15% of peers (87th percentile).

Plan sponsor

Name

PARALLEL SOLUTIONS INC.

EIN

all filings

Address

969 WEST SHORE DRIVE · FOX LAKE, IL · 600201185

Phone

(847) 431-3363

Industry

Information / Tech / Media

Plan administrator