Civic Intelligence

PARALLEL TECHNOLOGIES, LLC

Plan context: Parallel Technologies 401(K) Retirement Plan

EIN 41-1452724 • Eden Prairie, MN • 35 filings • 8 plans

7667 Equitable DriveEden Prairie, MN 55344-4626
Current Snapshot

Latest Year

2025

2025 Participants

107

2025 Assets

$3,912,364

2025 Contributions

$493,168

Historical Graphs

Total Assets Over Time

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

$5,272,618$2,636,309$0200020152024YearValue
$3,912,364Latest year 2024

Participants Over Time

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

132660200020132025YearValue
107Latest year 2025

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
20251107$0$0-
Parallel Technologies Inc. Comprehensive Health and Welfare Benefits Plan-107---
2024146$3,912,364$493,168$10,721iApproximate average salary by contribution assumption: employee only about $268,026 at 4% or $178,684 at 6%; with 50% employer match about $178,684 at 4% or $119,123 at 6%; with 100% employer match about $134,013 at 4% or $89,342 at 6%.
Parallel Technologies 401(K) Retirement Plan-46$3,912,364$493,168$10,721iApproximate average salary by contribution assumption: employee only about $268,026 at 4% or $178,684 at 6%; with 50% employer match about $178,684 at 4% or $119,123 at 6%; with 100% employer match about $134,013 at 4% or $89,342 at 6%.
2023151$3,836,392$357,986$7,019iApproximate average salary by contribution assumption: employee only about $175,483 at 4% or $116,989 at 6%; with 50% employer match about $116,989 at 4% or $77,993 at 6%; with 100% employer match about $87,742 at 4% or $58,494 at 6%.
Parallel Technologies 401(K) Retirement Plan-51$3,836,392$357,986$7,019iApproximate average salary by contribution assumption: employee only about $175,483 at 4% or $116,989 at 6%; with 50% employer match about $116,989 at 4% or $77,993 at 6%; with 100% employer match about $87,742 at 4% or $58,494 at 6%.
2022144$3,427,867$332,640$7,560iApproximate average salary by contribution assumption: employee only about $189,000 at 4% or $126,000 at 6%; with 50% employer match about $126,000 at 4% or $84,000 at 6%; with 100% employer match about $94,500 at 4% or $63,000 at 6%.
Parallel Technologies 401(K) Retirement Plan-44$3,427,867$332,640$7,560iApproximate average salary by contribution assumption: employee only about $189,000 at 4% or $126,000 at 6%; with 50% employer match about $126,000 at 4% or $84,000 at 6%; with 100% employer match about $94,500 at 4% or $63,000 at 6%.
2021145$5,272,618$595,747$13,239iApproximate average salary by contribution assumption: employee only about $330,971 at 4% or $220,647 at 6%; with 50% employer match about $220,647 at 4% or $147,098 at 6%; with 100% employer match about $165,485 at 4% or $110,324 at 6%.
Parallel Technologies 401(K) Retirement Plan-45$5,272,618$595,747$13,239iApproximate average salary by contribution assumption: employee only about $330,971 at 4% or $220,647 at 6%; with 50% employer match about $220,647 at 4% or $147,098 at 6%; with 100% employer match about $165,485 at 4% or $110,324 at 6%.
20202107$4,636,700$429,129$4,011iApproximate average salary by contribution assumption: employee only about $100,264 at 4% or $66,843 at 6%; with 50% employer match about $66,843 at 4% or $44,562 at 6%; with 100% employer match about $50,132 at 4% or $33,421 at 6%.
Parallel Technologies 401(K) Retirement Plan-59$4,636,700$429,129$7,273iApproximate average salary by contribution assumption: employee only about $181,834 at 4% or $121,223 at 6%; with 50% employer match about $121,223 at 4% or $80,815 at 6%; with 100% employer match about $90,917 at 4% or $60,611 at 6%.
Parallel Technologies Inc. Comprehensive Health and Welfare Benefits Plan-107---
20192112$3,912,610$630,839$5,632iApproximate average salary by contribution assumption: employee only about $140,812 at 4% or $93,875 at 6%; with 50% employer match about $93,875 at 4% or $62,583 at 6%; with 100% employer match about $70,406 at 4% or $46,937 at 6%.
Parallel Technologies 401(K) Retirement Plan-56$3,912,610$630,839$11,265iApproximate average salary by contribution assumption: employee only about $281,625 at 4% or $187,750 at 6%; with 50% employer match about $187,750 at 4% or $125,166 at 6%; with 100% employer match about $140,812 at 4% or $93,875 at 6%.
Parallel Technologies Inc. Comprehensive Health and Welfare Benefits Plan-112---
20182132$3,301,299$613,082$4,645iApproximate average salary by contribution assumption: employee only about $116,114 at 4% or $77,409 at 6%; with 50% employer match about $77,409 at 4% or $51,606 at 6%; with 100% employer match about $58,057 at 4% or $38,705 at 6%.
Parallel Technologies 401(K) Retirement Plan-60$3,301,299$613,082$10,218iApproximate average salary by contribution assumption: employee only about $255,451 at 4% or $170,301 at 6%; with 50% employer match about $170,301 at 4% or $113,534 at 6%; with 100% employer match about $127,725 at 4% or $85,150 at 6%.
Parallel Technologies Inc. Comprehensive Health and Welfare Benefits Plan-132---
2017164$3,383,943$579,520$9,055iApproximate average salary by contribution assumption: employee only about $226,375 at 4% or $150,917 at 6%; with 50% employer match about $150,917 at 4% or $100,611 at 6%; with 100% employer match about $113,188 at 4% or $75,458 at 6%.
Parallel Technologies 401(K) Retirement Plan-64$3,383,943$579,520$9,055iApproximate average salary by contribution assumption: employee only about $226,375 at 4% or $150,917 at 6%; with 50% employer match about $150,917 at 4% or $100,611 at 6%; with 100% employer match about $113,188 at 4% or $75,458 at 6%.
2016153$3,009,503$399,293$7,534iApproximate average salary by contribution assumption: employee only about $188,346 at 4% or $125,564 at 6%; with 50% employer match about $125,564 at 4% or $83,709 at 6%; with 100% employer match about $94,173 at 4% or $62,782 at 6%.
Parallel Technologies 401(K) Retirement Plan-53$3,009,503$399,293$7,534iApproximate average salary by contribution assumption: employee only about $188,346 at 4% or $125,564 at 6%; with 50% employer match about $125,564 at 4% or $83,709 at 6%; with 100% employer match about $94,173 at 4% or $62,782 at 6%.
2015146$2,497,152$852,104$18,524iApproximate average salary by contribution assumption: employee only about $463,100 at 4% or $308,733 at 6%; with 50% employer match about $308,733 at 4% or $205,822 at 6%; with 100% employer match about $231,550 at 4% or $154,367 at 6%.
Parallel Technologies 401(K) Retirement Plan-46$2,497,152$852,104$18,524iApproximate average salary by contribution assumption: employee only about $463,100 at 4% or $308,733 at 6%; with 50% employer match about $308,733 at 4% or $205,822 at 6%; with 100% employer match about $231,550 at 4% or $154,367 at 6%.
2014133$1,809,062$180,715$5,476iApproximate average salary by contribution assumption: employee only about $136,905 at 4% or $91,270 at 6%; with 50% employer match about $91,270 at 4% or $60,847 at 6%; with 100% employer match about $68,453 at 4% or $45,635 at 6%.
Parallel Technologies 401(K) Retirement Plan-33$1,809,062$180,715$5,476iApproximate average salary by contribution assumption: employee only about $136,905 at 4% or $91,270 at 6%; with 50% employer match about $91,270 at 4% or $60,847 at 6%; with 100% employer match about $68,453 at 4% or $45,635 at 6%.
2013133$2,042,305$207,761$6,296iApproximate average salary by contribution assumption: employee only about $157,395 at 4% or $104,930 at 6%; with 50% employer match about $104,930 at 4% or $69,953 at 6%; with 100% employer match about $78,697 at 4% or $52,465 at 6%.
Parallel Technologies 401(K) Retirement Plan-33$2,042,305$207,761$6,296iApproximate average salary by contribution assumption: employee only about $157,395 at 4% or $104,930 at 6%; with 50% employer match about $104,930 at 4% or $69,953 at 6%; with 100% employer match about $78,697 at 4% or $52,465 at 6%.
2012129$1,546,352$161,606$5,573iApproximate average salary by contribution assumption: employee only about $139,316 at 4% or $92,877 at 6%; with 50% employer match about $92,877 at 4% or $61,918 at 6%; with 100% employer match about $69,658 at 4% or $46,439 at 6%.
Parallel Technologies 401(K) Retirement Plan-29$1,546,352$161,606$5,573iApproximate average salary by contribution assumption: employee only about $139,316 at 4% or $92,877 at 6%; with 50% employer match about $92,877 at 4% or $61,918 at 6%; with 100% employer match about $69,658 at 4% or $46,439 at 6%.
2011126$1,305,094$139,353$5,360iApproximate average salary by contribution assumption: employee only about $133,993 at 4% or $89,329 at 6%; with 50% employer match about $89,329 at 4% or $59,553 at 6%; with 100% employer match about $66,997 at 4% or $44,664 at 6%.
Parallel Technologies 401(K) Retirement Plan-26$1,305,094$139,353$5,360iApproximate average salary by contribution assumption: employee only about $133,993 at 4% or $89,329 at 6%; with 50% employer match about $89,329 at 4% or $59,553 at 6%; with 100% employer match about $66,997 at 4% or $44,664 at 6%.
2010126$1,279,114$105,716$4,066iApproximate average salary by contribution assumption: employee only about $101,650 at 4% or $67,767 at 6%; with 50% employer match about $67,767 at 4% or $45,178 at 6%; with 100% employer match about $50,825 at 4% or $33,883 at 6%.
Parallel Technologies 401(K) Retirement Plan-26$1,279,114$105,716$4,066iApproximate average salary by contribution assumption: employee only about $101,650 at 4% or $67,767 at 6%; with 50% employer match about $67,767 at 4% or $45,178 at 6%; with 100% employer match about $50,825 at 4% or $33,883 at 6%.
2009480$1,220,507$171,906$2,149iApproximate average salary by contribution assumption: employee only about $53,721 at 4% or $35,814 at 6%; with 50% employer match about $35,814 at 4% or $23,876 at 6%; with 100% employer match about $26,860 at 4% or $17,907 at 6%.
Parallel Technologies 401(K) Retirement Plan-32$1,220,507$171,906$5,372iApproximate average salary by contribution assumption: employee only about $134,302 at 4% or $89,534 at 6%; with 50% employer match about $89,534 at 4% or $59,690 at 6%; with 100% employer match about $67,151 at 4% or $44,767 at 6%.
Parallel Technologies Inc. Comprehensive Health and Welfare Benefits Plan-80---
Parallel Technologies Inc. Medical Plan-80---
Parallel Technologies Inc. Dental Plan-80---
20084107$882,575$163,428$1,527iApproximate average salary by contribution assumption: employee only about $38,184 at 4% or $25,456 at 6%; with 50% employer match about $25,456 at 4% or $16,971 at 6%; with 100% employer match about $19,092 at 4% or $12,728 at 6%.
Parallel Technologies 401(K) Retirement Plan-32$882,575$163,428$5,107iApproximate average salary by contribution assumption: employee only about $127,678 at 4% or $85,119 at 6%; with 50% employer match about $85,119 at 4% or $56,746 at 6%; with 100% employer match about $63,839 at 4% or $42,559 at 6%.
Parallel Technologies Inc. Dental Plan-107---
Parallel Technologies Inc. Comprehensive Health and Welfare Benefits Plan-107---
Parallel Technologies Inc. Medical Plan-107---
2007129$1,277,521$148,992$5,138iApproximate average salary by contribution assumption: employee only about $128,441 at 4% or $85,628 at 6%; with 50% employer match about $85,628 at 4% or $57,085 at 6%; with 100% employer match about $64,221 at 4% or $42,814 at 6%.
Parallel Technologies 401(K) Retirement Plan-29$1,277,521$148,992$5,138iApproximate average salary by contribution assumption: employee only about $128,441 at 4% or $85,628 at 6%; with 50% employer match about $85,628 at 4% or $57,085 at 6%; with 100% employer match about $64,221 at 4% or $42,814 at 6%.
2006124$1,038,635$214,646$8,944iApproximate average salary by contribution assumption: employee only about $223,590 at 4% or $149,060 at 6%; with 50% employer match about $149,060 at 4% or $99,373 at 6%; with 100% employer match about $111,795 at 4% or $74,530 at 6%.
Parallel Technologies 401(K) Retirement Plan-24$1,038,635$214,646$8,944iApproximate average salary by contribution assumption: employee only about $223,590 at 4% or $149,060 at 6%; with 50% employer match about $149,060 at 4% or $99,373 at 6%; with 100% employer match about $111,795 at 4% or $74,530 at 6%.
2005118$0$0-
Parallel Technologies 401(K) Retirement Plan-18---
2004120$0$0-
Parallel Technologies 401(K) Retirement Plan-20---
2003120$0$0-
Parallel Technologies 401(K) Retirement Plan-20---
2002123$0$0-
Parallel Technologies 401(K) Retirement Plan-23---
2001127$0$0-
Parallel Technologies 401(K) Retirement Plan-27---
2000130$435,302$124,871$4,162iApproximate average salary by contribution assumption: employee only about $104,059 at 4% or $69,373 at 6%; with 50% employer match about $69,373 at 4% or $46,249 at 6%; with 100% employer match about $52,030 at 4% or $34,686 at 6%.
Parallel Technologies 401(K) Retirement Plan-30$435,302$124,871$4,162iApproximate average salary by contribution assumption: employee only about $104,059 at 4% or $69,373 at 6%; with 50% employer match about $69,373 at 4% or $46,249 at 6%; with 100% employer match about $52,030 at 4% or $34,686 at 6%.