Plan Snapshot
- Plan Sponsor: Paragon Anesthesia, P.C.
- Sponsor EIN: 621091810
- Sponsor Address: 10415 WALLACE ALLEY STREET, KINGSPORT, TN, 37663
- Plan Type: 401(k)
- Total Participants: 134
- Total Assets: $55.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 134 | $55.2M | $1.9M | $1.8M |
| 2023 | 120 | $50.0M | $2.0M | $2.0M |
| 2022 | 132 | $40.3M | $788,676 | $628,579 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| OSAIC WEALTH INC | Investment Advisor | $22,440 | — | $22,440 |
| CAPITAL GROUP RETIREMENT PLAN | Recordkeeper | $15,394 | — | $15,394 |
| LPL FINANCIAL LLC | Investment Advisor | $11,933 | — | $11,933 |
| WOODBURY FINANCIAL SERVICES .00 INC | Other Service Provider | $10,751 | — | $10,751 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,518
- Estimated Expense Ratio: 0.110% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $60,193 | — | — | — | — |
| 2023 | $58,112 | — | — | — | — |
| 2022 | — | — | — | — | — |