Retirement plan

PARAGON PROPAC PROFIT SHARING 401 (K) PLAN

Name: PARAGON DECORS, INC. - PARAGON PROPAC PROFIT SHARING 401 (K) PLAN (2016) Form 5500
Creator: PARAGON DECORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PARAGON PROPAC PROFIT SHARING 401 (K) PLAN, PARAGON DECORS, INC.

PARAGON DECORS, INC.EIN 63-0709510Plan #001PY 2016

P.O. BOX 1187 - ALBERTVILLE, AL 35950800-547-7746

Prospect flagsLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$11.1M

+6.0% from 2015

Total participants

155

-7.2% from 2015

Average account balance

$77,921

+14.2% from 2015

Annual return

6.13%

+7.18 pp from 2015

Benchmarks

See 15,087 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort15,087 peers

Snapshot2016

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$13.13M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$182K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

124.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$135K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.95%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$18416

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH2+ years Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI Service code 15 · EIN 13-5674085	Recordkeeping	$1,750

Plan features & details

Pension benefit codes2F2G2J2T

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$2K

$21 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.019%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MDA PROFESSIONAL GROUP, P.C.
Auditor EIN: 630681783
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$77,921

$60,349+29.1%

$74,184+5.0%

$62,881+23.9%

Participation rate

86.5%

72.7%+13.7pp

76.6%+9.8pp

69.3%+17.2pp

Annual return

6.13%

21.38%-15.2pp

17.74%-11.6pp

20.14%-14.0pp

Employer contribution / active EE

$1,433

$1,680-14.7%

$2,370-39.5%

$2,281-37.2%

Participant deferral / active EE

$1,198

$2,856-58.1%

$3,550-66.3%

$3,203-62.6%

Admin fee / account holder

$14

$4,261-99.7%

$5,586-99.7%

$4,296-99.7%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH2+ years

Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI

Service code 15 · EIN 13-5674085

Recordkeeping

$1,750

PARAGON PROPAC PROFIT SHARING 401 (K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PARAGON PROPAC PROFIT SHARING 401 (K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion