Plan Snapshot
- Plan Sponsor: Paramount Residential Mortgage Group, INC.
- Sponsor EIN: 330975529
- Sponsor Address: 1265 CORONA POINTE COURT, 3RD FLOOR, CORONA, CA, 92879
- Plan Type: 401(k)
- Total Participants: 1,264
- Total Assets: $33.7M
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 | 1,264 | $33.7M | $0 | $2.5M |
| 2023 | 1,508 | $32.2M | $0 | $3.1M |
| 2022 | 1,893 | $29.0M | $0 | $5.1M |
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 |
|---|---|---|---|---|
| PENSIONMARK FINANCIAL GROUP | INVESTMENT ADVISOR | $48,187 | — | $48,187 |
| LYNN JANZEN, CPA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,187
- Estimated Expense Ratio: 0.143% 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 | $168,248 | $143,363 | — | — | — |
| 2023 | $168,712 | $133,382 | $35,330 | — | — |
| 2022 | $172,371 | $144,673 | $27,698 | — | — |