Paramont Mfg LLC Retirement Plan — Form 5500 plan (Paramont Mfg LLC)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Paramont Mfg LLC Retirement Plan is a benefit plan reported by Paramont Mfg LLC under EIN 26-0003188 and plan number 001. The latest loaded filing year is 2023. The filing reports 471 participants and $9,203,506 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Paramont Mfg LLC
- EIN
- 26-0003188
- Plan number
- 001
- Plan type
- 2
- Location
- Abingdon, VA
- Latest filing year
- 2023
- Participants
- 471
- End-of-year plan assets
- $9,203,506
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 471 | H, C | 20240625082723NAL0010254368001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,203,506
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,203,506
- Net assets (BOY)
- $8,061,135
Income & contributions
- Employer contributions
- $872,563
- Participant contributions
- $992,001
- Total contributions
- $1,999,839
- Total income / additions
- $3,147,073
Expenses & distributions
- Benefits paid
- $1,977,172
- Administrative expenses
- $27,530
- Total expenses
- $2,004,702
- Net increase / (decrease)
- $1,142,371
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $27,529 | $0 | 2023 |