Plan Ledger DOL Form 5500 · updated monthly

Paradigm Operating Company, LLC401(k)

PARADIGM OPERATING COMPANY, LLC 401(K) PLAN · PORTLAND, ME · plan year 2022

Reported admin expense ratio · 2022
1.48%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Paradigm Operating Company, LLC reported $22,698 in plan administrative expenses for 2022: 1.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $316 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Maine (329th of 354), and 13,091st of 13,661 in manufacturing. In 2022, employees put in $3.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,424,566
Participants with balances93
Active participants167
Employer contributions$52,834
Employee contributions$182,256
Employer contribution per active participant$316
Average account balance$15,318
Benefits paid to participants$187,044
Plan auditUnmodified (clean) audit opinion
AuditorBAKER NEWMAN & NOYES
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$18,005
Investment management$4,693
Total administrative$22,698
The Paradigm Operating Company, LLC 401(k) match · 2022
Employer contribution per active participant$316
Median for plans this size$1,114

Paradigm Operating Company, LLC's 2022 employer contribution ran below the $1,114 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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$22,698 · 1.48%
Same employer
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Direct Mail of Maine Inc. ME$3.3M · 0.57%
Gvs North America, Inc. ME$2.0M · 0.09%
Kbs Builders, Inc ME$1.6M · 0.73%
The Florida Brewery, Inc. FL$1.4M · 1.15%
Ezarc Inc. UT$1.4M · 0.70%
Npi Solutions Inc. CA$1.4M · 0.05%
King Kutter, Inc. AL$1.4M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264435615 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.