Paragon Metals LLC 401(K) Plan — Form 5500 plan (Paragon Metals LLC.)
Plain-English plan 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, Paragon Metals LLC 401(K) Plan is a benefit plan reported by Paragon Metals LLC. under EIN 06-1329217 and plan number 001. The latest loaded filing year is 2023. The filing reports 284 participants and $5,816,829 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Paragon Metals LLC.
- EIN
- 06-1329217
- Plan number
- 001
- Plan type
- 2
- Location
- Hillsdale, MI
- Latest filing year
- 2023
- Participants
- 284
- End-of-year plan assets
- $5,816,829
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 284 | H, C | 20241011142915NAL0022932193001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,816,829
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,816,829
- Net assets (BOY)
- $5,808,228
Income & contributions
- Employer contributions
- $223,379
- Participant contributions
- $569,997
- Total contributions
- $793,376
- Total income / additions
- $1,706,150
Expenses & distributions
- Benefits paid
- $1,670,242
- Administrative expenses
- $13,847
- Total expenses
- $1,697,549
- Net increase / (decrease)
- $8,601
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Minnesota Life Insurance Company | NONE | $6,239 | $0 | 2023 |