Civic Intelligence

Parallel Solutions Inc.

Plan context: Parallel Solutions 401(K) and Profit Sharing Plan

EIN 11-3843736 • Fox Lake, IL • 12 filings • 2 plans

969 West Shore DriveFox Lake, IL 60020-1185
Current Snapshot

Latest Year

2024

2024 Participants

13

2024 Assets

$2,013,096

2024 Contributions

$143,390

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$2,013,096$1,006,548$0201320192024YearValue
$2,013,096Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

1580201320192024YearValue
13Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024113$2,013,096$143,390$11,030iApproximate average salary by contribution assumption: employee only about $275,750 at 4% or $183,833 at 6%; with 50% employer match about $183,833 at 4% or $122,556 at 6%; with 100% employer match about $137,875 at 4% or $91,917 at 6%.
Parallel Solutions 401(K) and Profit Sharing Plan-13$2,013,096$143,390$11,030iApproximate average salary by contribution assumption: employee only about $275,750 at 4% or $183,833 at 6%; with 50% employer match about $183,833 at 4% or $122,556 at 6%; with 100% employer match about $137,875 at 4% or $91,917 at 6%.
2023114$1,681,533$164,006$11,715iApproximate average salary by contribution assumption: employee only about $292,868 at 4% or $195,245 at 6%; with 50% employer match about $195,245 at 4% or $130,163 at 6%; with 100% employer match about $146,434 at 4% or $97,623 at 6%.
Parallel Solutions 401(K) and Profit Sharing Plan-14$1,681,533$164,006$11,715iApproximate average salary by contribution assumption: employee only about $292,868 at 4% or $195,245 at 6%; with 50% employer match about $195,245 at 4% or $130,163 at 6%; with 100% employer match about $146,434 at 4% or $97,623 at 6%.
2022114$1,297,591$164,850$11,775iApproximate average salary by contribution assumption: employee only about $294,375 at 4% or $196,250 at 6%; with 50% employer match about $196,250 at 4% or $130,833 at 6%; with 100% employer match about $147,188 at 4% or $98,125 at 6%.
Parallel Solutions 401(K) and Profit Sharing Plan-14$1,297,591$164,850$11,775iApproximate average salary by contribution assumption: employee only about $294,375 at 4% or $196,250 at 6%; with 50% employer match about $196,250 at 4% or $130,833 at 6%; with 100% employer match about $147,188 at 4% or $98,125 at 6%.
2021113$1,377,105$149,257$11,481iApproximate average salary by contribution assumption: employee only about $287,033 at 4% or $191,355 at 6%; with 50% employer match about $191,355 at 4% or $127,570 at 6%; with 100% employer match about $143,516 at 4% or $95,678 at 6%.
Parallel Solutions 401(K) and Profit Sharing Plan-13$1,377,105$149,257$11,481iApproximate average salary by contribution assumption: employee only about $287,033 at 4% or $191,355 at 6%; with 50% employer match about $191,355 at 4% or $127,570 at 6%; with 100% employer match about $143,516 at 4% or $95,678 at 6%.
2020113$1,110,775$150,681$11,591iApproximate average salary by contribution assumption: employee only about $289,771 at 4% or $193,181 at 6%; with 50% employer match about $193,181 at 4% or $128,787 at 6%; with 100% employer match about $144,886 at 4% or $96,590 at 6%.
Parallel Solutions 401(K) and Profit Sharing Plan-13$1,110,775$150,681$11,591iApproximate average salary by contribution assumption: employee only about $289,771 at 4% or $193,181 at 6%; with 50% employer match about $193,181 at 4% or $128,787 at 6%; with 100% employer match about $144,886 at 4% or $96,590 at 6%.
2019115$1,001,054$141,812$9,454iApproximate average salary by contribution assumption: employee only about $236,353 at 4% or $157,569 at 6%; with 50% employer match about $157,569 at 4% or $105,046 at 6%; with 100% employer match about $118,177 at 4% or $78,784 at 6%.
Parallel Solutions 401(K) and Profit Sharing Plan-15$1,001,054$141,812$9,454iApproximate average salary by contribution assumption: employee only about $236,353 at 4% or $157,569 at 6%; with 50% employer match about $157,569 at 4% or $105,046 at 6%; with 100% employer match about $118,177 at 4% or $78,784 at 6%.
2018112$716,194$145,776$12,148iApproximate average salary by contribution assumption: employee only about $303,700 at 4% or $202,467 at 6%; with 50% employer match about $202,467 at 4% or $134,978 at 6%; with 100% employer match about $151,850 at 4% or $101,233 at 6%.
Parallel Solutions 401(K) and Profit Sharing Plan-12$716,194$145,776$12,148iApproximate average salary by contribution assumption: employee only about $303,700 at 4% or $202,467 at 6%; with 50% employer match about $202,467 at 4% or $134,978 at 6%; with 100% employer match about $151,850 at 4% or $101,233 at 6%.
2017112$630,129$143,994$12,000iApproximate average salary by contribution assumption: employee only about $299,988 at 4% or $199,992 at 6%; with 50% employer match about $199,992 at 4% or $133,328 at 6%; with 100% employer match about $149,994 at 4% or $99,996 at 6%.
Parallel Solutions 401(K) and Profit Sharing Plan-12$630,129$143,994$12,000iApproximate average salary by contribution assumption: employee only about $299,988 at 4% or $199,992 at 6%; with 50% employer match about $199,992 at 4% or $133,328 at 6%; with 100% employer match about $149,994 at 4% or $99,996 at 6%.
2016111$408,372$196,944$17,904iApproximate average salary by contribution assumption: employee only about $447,600 at 4% or $298,400 at 6%; with 50% employer match about $298,400 at 4% or $198,933 at 6%; with 100% employer match about $223,800 at 4% or $149,200 at 6%.
Parallel Solutions 401(K) and Profit Sharing Plan-11$408,372$196,944$17,904iApproximate average salary by contribution assumption: employee only about $447,600 at 4% or $298,400 at 6%; with 50% employer match about $298,400 at 4% or $198,933 at 6%; with 100% employer match about $223,800 at 4% or $149,200 at 6%.
201519$201,298$63,794$7,088iApproximate average salary by contribution assumption: employee only about $177,206 at 4% or $118,137 at 6%; with 50% employer match about $118,137 at 4% or $78,758 at 6%; with 100% employer match about $88,603 at 4% or $59,069 at 6%.
Parallel Solutions 401(K) and Profit Sharing Plan-9$201,298$63,794$7,088iApproximate average salary by contribution assumption: employee only about $177,206 at 4% or $118,137 at 6%; with 50% employer match about $118,137 at 4% or $78,758 at 6%; with 100% employer match about $88,603 at 4% or $59,069 at 6%.
201416$148,079$108,251$18,042iApproximate average salary by contribution assumption: employee only about $451,046 at 4% or $300,697 at 6%; with 50% employer match about $300,697 at 4% or $200,465 at 6%; with 100% employer match about $225,523 at 4% or $150,349 at 6%.
Parallel Solutions 401(K) and Profit Sharing Plan-6$148,079$108,251$18,042iApproximate average salary by contribution assumption: employee only about $451,046 at 4% or $300,697 at 6%; with 50% employer match about $300,697 at 4% or $200,465 at 6%; with 100% employer match about $225,523 at 4% or $150,349 at 6%.
201315$42,217$41,898$8,380iApproximate average salary by contribution assumption: employee only about $209,490 at 4% or $139,660 at 6%; with 50% employer match about $139,660 at 4% or $93,107 at 6%; with 100% employer match about $104,745 at 4% or $69,830 at 6%.
Parallel Solutions 401(K) and Profit Sharing Plan-5$42,217$41,898$8,380iApproximate average salary by contribution assumption: employee only about $209,490 at 4% or $139,660 at 6%; with 50% employer match about $139,660 at 4% or $93,107 at 6%; with 100% employer match about $104,745 at 4% or $69,830 at 6%.