Plan Snapshot
- Plan Sponsor: Paramount Can Co. INC.
- Sponsor EIN: 953007291
- Sponsor Address: 16430 PHOEBE AVE., LA MIRADA, CA, 906385614
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 103
- Total Assets: $17.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 103 | $17.8M | $0 | $0 |
| 2024 | 87 | $15.3M | $367,611 | $666,179 |
| 2023 | 71 | $12.3M | $342,918 | $666,134 |
| 2022 | 76 | $10.0M | $298,867 | $538,229 |
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 |
|---|---|---|---|---|
| CORPORATE BENEFIT SYSTEMS | Other Service Provider | $40,000 | — | $40,000 |
| JULY BUSINESS SERVICES, LLC | Other Service Provider | $22,437 | — | $22,437 |
| EXPAND FINANCIAL | Other Service Provider | $6,000 | — | $6,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $68,437
- Estimated Expense Ratio: 0.384% 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 |
|---|---|---|---|---|---|
| 2025 | $812,270 | — | — | — | — |
| 2024 | $174,986 | — | — | — | — |
| 2023 | $456,599 | — | — | — | — |
| 2022 | $606,695 | — | — | — | — |