Plan Ledger DOL Form 5500 · updated monthly

Paragon Metals LLC.401(k)

PARAGON METALS LLC 401(K) PLAN · HILLSDALE, MI · plan year 2025

Reported admin expense ratio · 2025
0.11%

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

Paragon Metals LLC. reported $7,747 in plan administrative expenses for 2025: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $854 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 3 years on file its reported administrative ratio fell from 0.17% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,746th of 2,619), and 9,899th of 13,661 in manufacturing. In 2025, employees put in $3.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,526,562
Participants with balances221
Active participants208
Employer contributions$177,636
Employee contributions$634,495
Employer contribution per active participant$854
Average account balance$34,057
Benefits paid to participants$704,188
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$7.5M · 221 accts · $178K emplr
2024$6.5M · 215 accts · $227K emplr
2023$5.8M · 167 accts · $223K emplr
2022$5.8M · 212 accts · $207K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$7,747
Total administrative$7,747
The Paragon Metals LLC. 401(k) match · 2025
Employer contribution per active participant$854
Median for plans this size$1,464
2025$854 per active participant
2024$1,277 per active participant
2023$1,182 per active participant
2022$953 per active participant

Paragon Metals LLC.'s 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$62,361

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

Recordkeeper by year3
2025The Standard
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Paragon Metals LLC. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$7,747 · 0.11%
2024$11,226 · 0.18%
2023$13,847 · 0.24%
2022$10,653 · 0.17%
Same employer
Similar plansManufacturing · Michigan
S'Drol Metals, Inc. MI$7.6M · 0.48%
Romeo-Rim, Inc. MI$7.5M · 0.78%
Miller Industries LLC MI$7.5M · 1.10%
Anderson-Cook, Inc. MI$7.4M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061329217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.