Paramount Bank 401(K) Plan — Form 5500 plan (Paramount Bank)
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, Paramount Bank 401(K) Plan is a benefit plan reported by Paramount Bank under EIN 81-0647272 and plan number 001. The latest loaded filing year is 2023. The filing reports 200 participants and $6,926,385 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Paramount Bank
- EIN
- 81-0647272
- Plan number
- 001
- Plan type
- 2
- Location
- St. Louis, MO
- Latest filing year
- 2023
- Participants
- 200
- End-of-year plan assets
- $6,926,385
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 200 | H, C | 20241015154155NAL0048720560001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,926,385
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,926,385
- Net assets (BOY)
- $6,710,186
Income & contributions
- Employer contributions
- $113,679
- Participant contributions
- $255,526
- Total contributions
- $374,385
- Total income / additions
- $1,471,165
Expenses & distributions
- Benefits paid
- $1,207,300
- Administrative expenses
- $47,666
- Total expenses
- $1,254,966
- Net increase / (decrease)
- $216,199
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Epic Retirement Plan Services | NONE | $27,786 | not reported in the loaded dataset | 2023 |
| Visionary Wealth Advisors, LLC | NONE | $19,879 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 | 2023 |