# Par Technology Corporation 401(k) Plan
Source: https://planprovider.pro/companies/par-technology-corporation-401k-plan

> Par Technology Corporation's 401(k) plan: 888 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Par Technology Corporation

- **Sponsor EIN:** 161434688

- **Sponsor Address:** 8383 SENECA TURNPIKE, NEW HARTFORD, NY, 134134957

- **Plan Type:** 401(k)

- **Total Participants:** 888

- **Total Assets:** $109.4M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|888|$109.4M|$2.3M|$8.3M|

| 2023|1,191|$114.0M|$2.6M|$8.7M|

| 2022|1,268|$90.7M|$2.4M|$8.1M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| SCHWAB RETIREMENT PLAN SERVICES,INC|NONE|$158,664|—|$158,664|

| UBS FINANCIAL SERVICES INC.|NONE|$54,647|—|$54,647|

| FUSTCHARLES LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [SCHWAB RETIREMENT PLAN SERVICES,INC](https://planprovider.pro/provider/charles-schwab-and-co-inc) — NONE

- [UBS FINANCIAL SERVICES INC.](https://planprovider.pro/provider/aspire-financial-services) — NONE

- [FUSTCHARLES LLP](https://planprovider.pro/provider/fustcharles-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $213,311

- **Estimated Expense Ratio:** 0.195% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$213,311|$64,906|—|—|—|

| 2023|$205,289|$59,769|—|—|—|

| 2022|$222,544|$52,014|—|—|$17,000|

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