2023 Form 5500 filing — Paradigm 401(K) Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240723141431NAL0011431553001) for Paradigm 401(K) Savings Plan, reported by Paradigm Acquisition Corporation under EIN 14-1948706 and plan number 001. It reports 1,600 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240723141431NAL0011431553001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Paradigm Acquisition Corporation
- EIN
- 14-1948706
- Plan number
- 001
- Location
- Walnut Creek, CA
- Participants
- 1,600
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $118,162,486
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $118,162,486
- Employer contributions
- $2,393,677
- Participant contributions
- $11,602,503
- Total income / additions
- $35,747,583
- Benefits paid
- $15,669,205
- Administrative expenses
- $163,700
- Total expenses
- $15,835,450
- Net increase / (decrease)
- $19,912,133
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $102,629 | $0 |
| Newfront Retirement Services Inc | ADVISOR | $61,072 | not reported in the loaded dataset |