What are the fees in the Paramount Beauty 401(k) plan?

For plan year 2022, Paramount Beauty reported $703 in plan administrative expenses, or 0.02% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Paramount Beauty 401(k)?

The average participant account balance was $37,002 for plan year 2022, based on 96 accounts.

Paramount Beauty401(k)

Name: Paramount Beauty 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

PARAMOUNT BEAUTY 401(K) PROFIT SHARING PLAN & TRUST · HAUPPAUGE, NY · plan year 2022

Reported admin expense ratio · 2022

0.02%

Paramount Beauty reported $703 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (4,774th of 5,648), and 2,546th of 3,341 in other services.

Plan summary
Net assets, end of year$3,552,229
Participants with balances96
Active participants154
Employer contributions—
Employee contributions$191,076
Employer contribution per active participant—
Average account balance$37,002
Benefits paid to participants$76,824
Plan auditUnmodified (clean) audit opinion
AuditorCARON & BLETZER, PLLC

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$703 · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112204689 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.