PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST
Plan Contact
- Address: 41 MAIN STREET,BOLTON,MA
- Contact person: PAUL GENTILI
- Phone: (800) 880-1482
Plan General Information
PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST is $7,342,046.00.This plan was established in 2000.
PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST is 132
PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST Average Participant Retirement Account Value
In 2022, the average participant retirement account value for PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST is $55,621.00
PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST is $2,160.00.
PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST is approximately $1,220.00
Investing in this additonal $1,220.00 for 20 years would give you extra $78,087.00, assuming a 10% annual return.
Investing in this additonal $1,220.00 for 20 years would give you extra $78,087.00, assuming a 10% annual return.
PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST Total Employer Contribution and Match Rate
In 2022, PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST allocates $161,055.00 to match its employees' contributions, providing an employer match rate of 53.26% of their contributions
PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST is -18.72%.
PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST is -16.45%. This measures the effectiveness of the plan participants' investments in the year.
PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST Expense Ratio
In 2022, the investment and administrative expense ratio of PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST is 0.61%.
Enrollment Features
PARAGON COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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