Plan Snapshot
- Plan Sponsor: Paramount Bank
- Sponsor EIN: 810647272
- Sponsor Address: 622 EMERSON RD. STE. 325, ST. LOUIS, MO, 63141
- Plan Type: 401(k)
- Total Participants: 51
- Total Assets: $7.2M
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 | 51 | $7.2M | $162,621 | $329,863 |
| 2023 | 75 | $6.9M | $113,679 | $255,526 |
| 2022 | 54 | $6.7M | $256,936 | $510,722 |
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 |
|---|---|---|---|---|
| ARMANINO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ARMANINO LLP — 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 | $47,025 | $20,881 | — | — | — |
| 2023 | $47,666 | $19,880 | — | — | — |
| 2022 | $47,504 | $20,757 | — | — | — |