# Parallel Ventures, INC. 401(k) Plan
Source: https://planprovider.pro/companies/parallel-ventures-inc-401k-plan-001-8487

> Parallel Ventures, INC.'s 401(k) plan: 8 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Parallel Ventures, INC.

- **Sponsor EIN:** 833768487

- **Sponsor Address:** 10525 EAST 40TH AVENUE, #202, DENVER, CO, 80239

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

- **Total Participants:** 8

- **Total Assets:** $909,885

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

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

| 2024|8|$909,885|$0|$22,616|

| 2023|11|$882,881|$0|$34,975|

| 2022|13|$742,441|$0|$63,798|

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