How much does Paladin Capital Inc contribute to its ESOP?

In 2022, employer contributions to the Paladin Capital Inc plan averaged $282 per active participant, below the $3,449 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Paladin Capital Inc 401(k)?

The average participant account balance was $15,712 for plan year 2022, based on 5,046 accounts.

Paladin Capital IncESOP

Name: Paladin Capital Inc 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

PALADIN CAPITAL, INC. ESOP · BRENTWOOD, TN · plan year 2022

Employer contribution per participant · 2022

$282

Paladin Capital Inc's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $79,284,276 across 5,046 participant accounts, with employer contributions averaging $282 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 206th-largest of 1,496 plans among Tennessee employers on file, and the 283rd of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$79,284,276
Participants with balances5,046
Active participants3,719
Employer contributions$1,047,738
Employee contributions—
Employer contribution per active participant$282
Average account balance$15,712
Benefits paid to participants$7,636,205
Plan auditUnmodified (clean) audit opinion
AuditorCARR, RIGGS AND INGRAM, LLC

Plan history3

Yearassets · accounts · employer contribution

2024$9.0M · 4,894 accts · $1.3M emplr

2023$35.6M · 5,081 accts · $1.3M emplr

2022$79.3M · 5,046 accts · $1.0M emplr

Employer contributions to the Paladin Capital Inc plan · 2022

Employer contribution per active participant$282

Median for plans this size$3,449

2024$519 per active participant

2023$402 per active participant

2022$282 per active participant

Paladin Capital Inc's 2022 employer contribution ran below the $3,449 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Administrative cost history3

2024Not separately reported

2023Not separately reported

2022Not separately reported

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Source: U.S. Department of Labor, Form 5500 series, EIN 621584643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.