Counting the number of perfect matchings in arbitrary graphs is a \#P-complete problem. However, for some restricted classes of graphs the problem can be solved efficiently. In the case of planar graphs, and even for K_{3,3}-free graphs, Vazirani showed that it is in NC^2. The technique there is to compute a Pfaffian orientation of a graph.
In the case of K_5-free graphs, this technique will not work because some K_5-free graphs do not have a Pfaffian orientation. We circumvent this problem and show that the number of perfect matchings in K_5-free graphs can be computed in polynomial time. We also parallelize the sequential algorithm and show that the problem is in TC^2.