Plan Ledger DOL Form 5500 · updated monthly

Paragon 28, Inc.401(k)

PARAGON 28, INC. 401(K) PLAN · ENGLEWOOD, CO · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Paragon 28, Inc. reported $15,995 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,352 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.

Across the 1 year on file its reported administrative ratio rose from 0.02% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 519th-largest of 1,461 plans among Colorado employers on file, and the 1,873rd of 4,246 in wholesale trade. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 347 to 398 since 2022.

Plan summary
Net assets, end of year$20,266,027
Participants with balances484
Active participants398
Employer contributions$1,333,983
Employee contributions$2,759,891
Employer contribution per active participant$3,352
Average account balance$41,872
Benefits paid to participants$2,677,690
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 484 accts · $1.3M emplr
2023$15.4M · 485 accts · $1.2M emplr
2022$10.0M · 419 accts · $992K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,995
Total administrative$15,995
The Paragon 28, Inc. 401(k) match · 2024
Employer contribution per active participant$3,352
Median for plans this size$2,416
2024$3,352 per active participant
2023$3,004 per active participant
2022$2,859 per active participant

Paragon 28, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$15,995

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$15,995 · 0.09%
2023$2,413 · 0.02%
2022Not separately reported
Same employer
Similar plansWholesale Trade · Colorado
Honnen Equipment Company CO$24.0M · 0.21%
Workplace Elements CO$22.2M · 0.69%
Dana Kepner Company, LLC CO$21.8M · 0.15%
Novus AG, LLC CO$20.8M · 0.38%
Colorado Doorways, Inc. CO$19.4M · 0.06%
Solsbury Hill, LLC CO$19.1M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273170186 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.