The NEC is not a design manual. It doesn’t tell you how to choose or size anything.
It does, however, give limiting values for a variety of components. Table 310.16, for example, will tell you that a 500 MCM copper conductor has an ampacity of 380 amps, not 400. So if the load is greater than twice 380, then you can’t use a pair of parallel 500’s.
You need to start with a service load calculation, per Article 220.
Edited to add (after noticing that Chris got his post in before mine) that 230.42 gives limits, and not a design process. It also tells you to calculate the load per 220.