Plan Ledger DOL Form 5500 · updated monthly

Paragon Biosciences LLC401(k)

BIOSCIENCES GROUP 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

Paragon Biosciences LLC reported $1,540 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. 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 fell from 0.33% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,521st of 3,702), and 9,394th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$8,610,301
Participants with balances125
Active participants91
Employer contributions—
Employee contributions$1,401,963
Employer contribution per active participant—
Average account balance$68,882
Benefits paid to participants$640,283
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO LTD
Plan history2
Yearassets · accounts · employer contribution
2024$8.6M · 125 accts
2023$6.8M · 140 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,540
Total administrative$1,540
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
ADP, INC. · Recordkeeping$1,540

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history2
2024$1,540 · 0.02%
2023$18,730 · 0.33%
Same employer
Similar plansManufacturing · Illinois
Ruprecht IL$8.7M · 0.34%
O & K American Corp. IL$8.6M · 0.03%
Weld-Rite Service, Inc. IL$8.5M · 0.43%
New Sps, LLC IL$8.5M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821934125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.