Plan5500

Parsons Corporation Retirement Savings Plan — Form 5500 plan (Parsons Corporation)

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, Parsons Corporation Retirement Savings Plan is a benefit plan reported by Parsons Corporation under EIN 95-3232481 and plan number 115. The latest loaded filing year is 2023. The filing reports 15,596 participants and $2,037,954,460 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Parsons Corporation
EIN
95-3232481
Plan number
115
Plan type
2
Location
Centreville, VA
Latest filing year
2023
Participants
15,596
End-of-year plan assets
$2,037,954,460

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202315,596H, C20241015082334NAL0027823985001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,037,954,460
Total liabilities (EOY)
$21,489
Net assets (EOY)
$2,037,932,971
Net assets (BOY)
$1,683,004,667

Income & contributions

Employer contributions
$35,085,620
Participant contributions
$99,365,420
Total contributions
$164,697,983
Total income / additions
$465,036,445

Expenses & distributions

Benefits paid
$206,097,360
Administrative expenses
$624,489
Total expenses
$206,807,861
Net increase / (decrease)
$258,228,584

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$580,887$02023
Usi Consulting GroupCONSULTANT$16,250not reported in the loaded dataset2023
Snyder Cohn PcACCOUNTANT$13,500not reported in the loaded dataset2023

Related Form 5500 pages