Plan Ledger DOL Form 5500 · updated monthly

Paragon Technology Group, Inc.401(k)

PARAGON TECHNOLOGY GROUP 401(K) PLAN · VIENNA, VA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Paragon Technology Group, Inc. reported $30,849 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $3,028 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 has held roughly steady near 0.292%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,383rd of 2,266), and 7,640th of 11,654 in professional & technical services. In 2024, employees put in $3.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,174,727
Participants with balances160
Active participants103
Employer contributions$311,862
Employee contributions$963,636
Employer contribution per active participant$3,028
Average account balance$69,842
Benefits paid to participants$1,355,822
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 160 accts · $312K emplr
2023$9.9M · 166 accts · $326K emplr
2022$8.8M · 178 accts · $251K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,500
Investment management$24,349
Total administrative$30,849
The Paragon Technology Group, Inc. 401(k) match · 2024
Employer contribution per active participant$3,028
Median for plans this size$2,416
2024$3,028 per active participant
2023$3,664 per active participant
2022$2,283 per active participant

Paragon Technology Group, 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 · 20242
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$24,349
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,500

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

Administrative cost history3
2024$30,849 · 0.29%
2023$26,721 · 0.29%
2022$26,557 · 0.29%
Same employer
Similar plansProfessional & Technical Services · Virginia
Knowledge Link Inc. VA$11.2M · 0.06%
Marks & Harrison, P.C. VA$11.2M · 0.56%
Dynamo Technologies LLC VA$11.2M · 0.66%
Centuria Corporation VA$11.2M · 0.97%
Trimetrix, Inc. VA$11.1M · 0.61%
Udig, LLC VA$11.1M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541831233 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.