How big is Parchment LLC's plan?

Parchment LLC's plan reported $15.6M in assets and 314 participants for 2023.

Original filing (PDF)20241015132617NAL0016485075001

Parchment LLC

Name: Parchment LLC — Parchment LLC 401(k) Profit Sharing, Form 5500 (2023)
Creator: Parchment LLC
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Parchment LLC 401(k) Profit Sharing Plan and Trust

401(k) retirement plan · Parchment LLC's Parchment LLC 401(k) Profit Sharing Plan and Trust held $15.6M in plan assets for 314 participants in 2023, with Fidelity as recordkeeper.

Active participants

314

Accounts w/ balance

308

Plan assets (EOY)

$15.6M

Net assets (EOY)

$15.6M

People on this filing

GINA Heller signed Parchment LLC's 2023 Form 5500 as plan administrator.

GINA Heller — 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

Parchment LLC's EIN is 95-4830072.

EIN 95-4830072

Plan number 001

Plan year 2023

ACK ID 20241015132617NAL0016485075001

Official Form 5500 document

Download the official 2023 Form 5500 (PDF) for Parchment LLC from the U.S. Department of Labor's EFAST2 system.

Download the official 2023 Form 5500 (PDF)

Plan features

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

Decision-maker contacts

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

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How this plan invests

This plan

24 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Above-average plan

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.

Compliance & integrity

100

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Total administrative cost in the bottom quartile of peers (25th percentile).
Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (24th percentile).

Plan sponsor

Name

PARCHMENT LLC

EIN

all filings

Address

7001 N SCOTTSDALE RD · STE 1050 · PARADISE VALLEY, AZ · 852533665

Phone

(480) 719-1646

Industry

Educational Services

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2023

Plan year begin

2023-01-01

Tax period

2023-12-31

Filed

2024-10-15

Pension benefit codes

2J · 401(k) feature

2T · Default investment account (QDIA)

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

3H · Sponsor in controlled / affiliated group

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

Audit & trust (Schedule H)

Service providers (Schedule C)

3 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	$42K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
CAPFINANCIAL PARTNERS LLC	26-0058143	—	ADVISOR	$22K	—
STRATEGIC ADVISORS, INC.	04-2654524

Investments

24 direct securities· $15.6M(100% of reported assets)

Other securities

$11.4M

14 holdings

Common Collective Trusts

$2.5M

4 holdings

Mutual Funds

$1.6M

6 holdings

					% of plan
State Street State Street Target Retirement 2050 Fund Class K	Other securities	—	—	$2.7M	17.4%
State Street State Street Target Retirement 2040 Fund Class K	Other securities	—	—	$2.1M	13.5%
State Street State Street Target Retirement 2045 Fund Class K	Other securities	—	—	$1.8M	11.6%
Fidelity Investments Fidelity 500 Index Fund	Common Collective Trusts	—	—	$1.6M	10.5%
State Street State Street Target Retirement 2055 Fund Class K	Other securities	—	—	$1.2M	7.7%
State Street State Street Target Retirement 2025 Fund Class K	Other securities	—	—	$961K	6.2%
State Street State Street Target Retirement 2030 Fund Class K	Other securities	—	—	$756K	4.9%
Fidelity Investments Fidelity Blue Chip Growth K6 Fund	Mutual Funds	—	—	$608K	3.9%
State Street State Street Target Retirement 2060 Fund Class K	Other securities	—	—	$578K	3.7%
State Street State Street Target Retirement 2035 Fund Class K	Other securities	—	—	$566K	3.6%
Metropolitan West Metropolitan West Total Return Bond Fund Class M	Other securities	—	—	$445K	2.9%
Fidelity Investments Fidelity Small Cap Index Fund	Common Collective Trusts	—	—	$379K	2.4%
American Funds American Funds EuroPacific Growth Fund Class R-6	Mutual Funds	—	—	$374K	2.4%
Fidelity Investments Fidelity Mid Cap Index Fund	Common Collective Trusts	—	—	$347K	2.2%
MFS Investment MFS Mid Cap Growth Fund Class	Mutual Funds	—	—	$213K	1.4%
American Funds American Funds American Mutual Fund Class R-6	Mutual Funds	—	—	$201K	1.3%
Fidelity Investments Money Market Fund	Mutual Funds	—	—	$168K	1.1%
Invesco Fidelity Emerging Markets Index Funds	Common Collective Trusts	—	—	$142K	0.9%
maturing through December 2028 -0-	Other securities	—	—	$126K	0.8%
State Street State Street Target Retirement 2065 Fund Class K	Other securities	—	—	$90K	0.6%
PIMCO Investments PIMCO Income Fund Institutional Class	Mutual Funds	—	—	$64K	0.4%
State Street State Street Target Retirement Fund Class K	Other securities	—	—	$52K	0.3%
Duff & Phelps Investment Virtus Duff & Phelps Real Estate Securities Fund	Other securities	—	—	$26K	0.2%
State Street State Street Target Retirement 2020 Fund Class K	Other securities	—	—	$26K	0.2%