What is the average account balance in the Paragon Development Systems, Inc. 401(k)?

Name: Paragon Development Systems, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

The average participant account balance was $0 for plan year 2022, based on 3 accounts.

Paragon Development Systems, Inc.401(k)

PARAGON DEVELOPMENT SYSTEMS, INC. SAVINGS AND RETIREMENT PLAN · BROOKFIELD, WI · plan year 2022

Plan assets · 2022

Paragon Development Systems, 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 $0 across 3 participant accounts. See methodology for what Form 5500 does and doesn't capture.

Plan summary
Net assets, end of year$0
Participants with balances3
Active participants317
Employer contributions—
Employee contributions$850,017
Employer contribution per active participant—
Average account balance$0
Benefits paid to participants$1,187,608
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI, LLP

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Source: U.S. Department of Labor, Form 5500 series, EIN 391563465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.