Plan Ledger DOL Form 5500 · updated monthly

Paragon Communications, Inc.401(k)

PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST · BOLTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.55%

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

Paragon Communications, Inc. reported $45,042 in plan administrative expenses for 2022: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,611 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 information & media employers. By assets it is among the smaller plans on file in Massachusetts (2,109th of 2,726), and 1,694th of 2,199 in information & media. In 2022, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,342,046
Participants with balances71
Active participants100
Employer contributions$161,055
Employee contributions$302,410
Employer contribution per active participant$1,611
Average account balance$103,409
Benefits paid to participants$641,323
Plan auditUnmodified (clean) audit opinion
AuditorMAZARS USA LLP
Administrative expenses, itemized · 2022
Investment management$25,579
Professional / advisory$19,463
Total administrative$45,042
The Paragon Communications, Inc. 401(k) match · 2022
Employer contribution per active participant$1,611
Median for plans this size$1,114

Paragon Communications, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$45,042 · 0.55%
Same employer
Similar plansInformation & Media · Massachusetts
Signiant, Inc. MA$8.2M · 0.19%
Quantiphi, Inc. MA$7.5M · 0.13%
New Life Solution, Inc. MA$7.5M · 0.20%
Lux Research, Inc. MA$7.4M · 0.33%
Logrocket, Inc. MA$7.3M · 0.10%
Open Exchange, Inc. MA$7.1M · 0.03%
Skyword, Inc. MA$6.8M · 0.74%
Crayon Inc. MA$6.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043501555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.