Parata Systems, LLC 401(K) Plan — Form 5500 plan (Parata Systems, LLC)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Parata Systems, LLC 401(K) Plan is a benefit plan reported by Parata Systems, LLC under EIN 52-2340471 and plan number 001. The latest loaded filing year is 2023. The filing reports 675 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Parata Systems, LLC
- EIN
- 52-2340471
- Plan number
- 001
- Plan type
- 2
- Location
- Durham, NC
- Latest filing year
- 2023
- Participants
- 675
- End-of-year plan assets
- $0
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 675 | H, C | 20241015130637NAL0028517313001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $33,654,432
Income & contributions
- Employer contributions
- $920,790
- Participant contributions
- $4,264,355
- Total contributions
- $6,438,326
- Total income / additions
- $12,510,176
Expenses & distributions
- Benefits paid
- $6,113,175
- Administrative expenses
- $134,774
- Total expenses
- $6,250,210
- Net increase / (decrease)
- $6,259,966
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lockton Financial Advisors LLC | ADVISOR | $60,000 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $57,974 | $0 | 2023 |
| Creative Planning, LLC | INVESTMENT ADVISOR | $16,800 | not reported in the loaded dataset | 2023 |