Parsec, Inc. 401(k) Plan: Login, Facts & Contact Information

Parsec, Inc. 401(k) Plan Facts

Plan name
PARSEC, INC. PROFIT SHARING/401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PARSEC, INC.
Participants
740 (836 active employees)
Former employees with a balance
250
Plan assets
$54,271,262 at Dec 31, 2024
Average account balance
$63,849 across 850 accounts
Employer contributions
$1,366,035 in plan year 2024 (39% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1988
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.50 million went into the plan in contributions, $1.37 million of it from the employer (39%).
  • $7.41 million was paid out to participants.
  • Investment and other income added $9.44 million.

How the Parsec, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019826$57.6 million$1.82 million$7.67 million
2020707$53.9 million$2.11 million$13.9 million
2021672$54.5 million$1.51 million$10.5 million
2022631$41.9 million$1.79 million$6.30 million
2023689$48.9 million$1.45 million$5.07 million
2024740$54.3 million$1.37 million$7.41 million

Parsec, Inc. 401(k) Contact Information

Phone
513-621-6111
Mailing address
1100 GEST STREET, CINCINNATI OH 45203
Plan sponsor
PARSEC, INC.
Employer identification number (EIN)
31-1411831
Plan number
004

Questions about the Parsec, Inc. 401(k)

Does Parsec, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.37 million, 39% of all contributions.

Does the Parsec, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Parsec, Inc 401(k) plan?

740 participants at the start of plan year 2024, 836 of them active employees, and 250 former employees who still had money in the plan.

What is the average 401(k) balance at Parsec, Inc?

About $63,849 per account: $54.3 million in plan assets across 850 accounts with a balance at the end of plan year 2024.

Who manages the Parsec, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Parsec, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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