Plan Ledger DOL Form 5500 · updated monthly

Paramount Residential Mortgage Group, Inc.401(k)

PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC. 401(K) PLAN · CORONA, CA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Paramount Residential Mortgage Group, Inc. reported $168,248 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 fell from 0.58% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,462nd-largest of 9,483 plans among California employers on file, and the 2,236th of 4,798 in finance & insurance. active participation has shrunk from 1,893 to 1,264 since 2022.

Plan summary
Net assets, end of year$33,701,948
Participants with balances730
Active participants1,264
Employer contributions$0
Employee contributions$2,542,448
Employer contribution per active participant$0
Average account balance$46,167
Benefits paid to participants$5,056,539
Plan auditUnmodified (clean) audit opinion
AuditorLYNN JANZEN, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$33.7M · 730 accts
2023$32.1M · 792 accts
2022$29.0M · 869 accts
Administrative expenses, itemized · 2024
Investment management$143,363
Total administrative$168,248
The Paramount Residential Mortgage Group, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Paramount Residential Mortgage Group, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
JOHN HANCOCK U.S.A · Recordkeeping · Investment management$2,006
PENSIONMARK FINANCIAL GROUP · Investment advisory (participants)$48,187

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$168,248 · 0.51%
2023$168,712 · 0.55%
2022$172,371 · 0.58%
Same employer
Similar plansFinance & Insurance · California
Cliffwater LLC CA$34.0M · 0.00%
Next Insurance, Inc. CA$33.8M · 0.21%
Oak Valley Community Bank CA$33.4M · 0.25%
First Quadrant, LLC CA$33.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330975529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.