2023 Form 5500 filing — Paragon Energy Solutions LLC 401(K) 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 20241001052557NAL0006423761001) for Paragon Energy Solutions LLC 401(K) Plan, reported by Paragon Energy Solutions, LLC under EIN 82-2483099 and plan number 001. It reports 309 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001052557NAL0006423761001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Paragon Energy Solutions, LLC
- EIN
- 82-2483099
- Plan number
- 001
- Location
- Fort Worth, TX
- Participants
- 309
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,839,094
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,839,094
- Employer contributions
- $660,180
- Participant contributions
- $2,231,314
- Total income / additions
- $6,310,885
- Benefits paid
- $1,362,179
- Administrative expenses
- $38,398
- Total expenses
- $1,400,577
- Net increase / (decrease)
- $4,910,308
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Newsquare Capital, LLC | INVESTMENT/FINANCIAL ADVI | $32,302 | $0 |
| Adp, Inc. | RECORD KEEPER | $6,095 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |