Plan Snapshot
- Plan Sponsor: Paragon Metals LLC.
- Sponsor EIN: 061329217
- Sponsor Address: 3010 W. MECHANIC STREET, HILLSDALE, MI, 49242
- Plan Type: 401(k)
- Total Participants: 178
- Total Assets: $6.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 178 | $6.5M | $227,234 | $538,040 |
| 2023 | 189 | $5.8M | $223,379 | $569,997 |
| 2022 | 217 | $5.8M | $206,754 | $561,468 |
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 |
|---|---|---|---|---|
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $11,226 | — | $11,226 | — | — |
| 2023 | $13,847 | — | $13,847 | — | — |
| 2022 | $10,653 | — | $10,653 | — | — |