Plan Ledger DOL Form 5500 · updated monthly

Paragon Technologies, Inc.401(k)

PARAGON TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN · WARREN, MI · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Paragon Technologies, Inc. reported $27,225 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,677 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 rose from 0.12% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,212th-largest of 2,619 plans among Michigan employers on file, and 2,286th of 4,246 in wholesale trade. In 2024, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,843,050
Participants with balances155
Active participants114
Employer contributions$305,205
Employee contributions$699,376
Employer contribution per active participant$2,677
Average account balance$102,213
Benefits paid to participants$290,529
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 155 accts · $305K emplr
2023$13.4M · 148 accts · $333K emplr
2022$11.8M · 140 accts · $311K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,525
Investment management$12,000
Audit (IQPA)$12,700
Total administrative$27,225
The Paragon Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$2,677
Median for plans this size$2,416
2024$2,677 per active participant
2023$2,868 per active participant
2022$2,850 per active participant

Paragon Technologies, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$2,526
SIKICH LLP · Accounting / audit$12,700
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$12,000

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$27,225 · 0.19%
2023$30,794 · 0.24%
2022$15,459 · 0.12%
Similar plansWholesale Trade · Michigan
National Food Group, Inc. MI$16.4M · 0.39%
Monroe Engineering, LLC MI$16.3M · 0.49%
Morrell LLC MI$16.1M · 0.13%
Atlas Oil Company MI$15.6M · 0.59%
Griffin Beverage Company MI$15.3M · 0.35%
Cgl, Corporation MI$15.1M · 0.22%
Ckl Corporation MI$13.8M · 0.54%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382839897 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.