Plan Snapshot
- Plan Sponsor: Paradigm Energy Services
- Sponsor EIN: 300604541
- Sponsor Address: 2 RICHDALE AVE, SOMERVILLE, MA, 02145
- Plan Type: 401(k)
- Total Participants: 58
- Total Assets: $1.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 58 | $1.9M | $119,431 | $304,209 |
| 2023 | 50 | $1.1M | $82,573 | $231,066 |
| 2022 | 29 | $691,192 | $0 | $169,220 |