Plan Ledger DOL Form 5500 · updated monthly

Paragon Healthcare, Inc.401(k)

PARAGON HEALTHCARE 401K PLAN · PLANO, TX · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Paragon Healthcare, Inc. reported $54,838 in plan administrative expenses for 2023: 0.14% of average plan assets, below the peer median. Employer contributions averaged $2,095 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 2 years on file its reported administrative ratio has held roughly steady near 0.145%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,177th-largest of 5,688 plans among Texas employers on file, and the 962nd of 4,246 in wholesale trade. In 2023, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,058,483
Participants with balances1,256
Active participants1,164
Employer contributions$2,438,583
Employee contributions$4,670,301
Employer contribution per active participant$2,095
Average account balance$34,282
Benefits paid to participants$3,458,241
Plan auditUnmodified (clean) audit opinion
AuditorHENRY & PETERS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $3.1M emplr
2023$43.1M · 1,256 accts · $2.4M emplr
2022$32.6M · 1,117 accts · $2.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,650
Investment management$28,838
Total administrative$54,838
The Paragon Healthcare, Inc. 401(k) match · 2023
Employer contribution per active participant$2,095
Median for plans this size$2,440
2023$2,095 per active participant
2022$1,624 per active participant

Paragon Healthcare, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
VOYA RETIREMENT INSURANCE & ANNUITY · Recordkeeping · Investment advisory (participants)$40,419
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)$14,419
MORNINGSTAR · Investment advisory (plan)indirect comp

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

Recordkeeper by year2
2024Voya
2023Voya

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$54,838 · 0.14%
2022$49,500 · 0.14%
Same employer
Similar plansWholesale Trade · Texas
Ccs Medical TX$46.5M · 0.31%
Eoc Holdings. LLC TX$45.5M · 0.13%
The Gambrinus Company TX$45.1M · 0.13%
Vinmar International, LTD. TX$43.5M · 0.20%
Animal Supply Company LLC TX$38.9M · 0.42%
Resa Power, LLC TX$36.7M · 0.25%
Womack Machine Supply, Co. TX$36.6M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 453280551 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.