How big is Parallel Edge's plan?

Parallel Edge's plan reported $1.2M in assets and 11 participants for 2024.

Original filing (PDF)20251001094838NAL0031330498001

Parallel Edge

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

Form 5500-SF

FILING_RECEIVED

Parallel Edge 401(k) Plan

401(k) retirement plan · Parallel Edge's Parallel Edge 401(k) Plan held $1.2M in plan assets for 11 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$1.2M

Net assets (EOY)

$1.2M

People on this filing

Alexandra Lorino signed Parallel Edge's 2024 Form 5500 as plan administrator.

Alexandra Lorino — 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 Edge's EIN is 23-2931529.

EIN 23-2931529

Plan number 001

Plan year 2024

ACK ID 20251001094838NAL0031330498001

Official Form 5500 document

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

Download the official 2024 Form 5500 (PDF)

Plan features

Parallel Edge's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature.

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for PARALLEL EDGE.

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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.

Plan sponsor

Name

PARALLEL EDGE

EIN

all filings

Address

718 BENSON STREET · PHILADELPHIA, PA · 19111

Phone

(610) 293-0101

Industry

All Other Professional Services· Professional & Technical Services

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-01

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Auditor

—

Trustee / custodian

—

Trustee phone

—

Small plan (5500-SF) — Schedule H data not available.

Service providers (Schedule C)

Small plans don't disclose service providers

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