Paramount Building Construction, Inc 401(K) Profit Sharing Plan — Form 5500 plan (Paramount Building Construction, Inc.)

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, Paramount Building Construction, Inc 401(K) Profit Sharing Plan is a benefit plan reported by Paramount Building Construction, Inc. under EIN 27-1978299 and plan number 001. The latest loaded filing year is 2023. The filing reports 4 participants and $1,008,523 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1MPlan net assets, end of year$1,008,523
Participants4Covered participants reported
Assets / participant$252.1KComputed: assets ÷ participants$252,131 (computed)
Provider compensationNone reported
Plan sponsor
Paramount Building Construction, Inc.
EIN
27-1978299
Plan number
001
Plan type
2
Location
New Windsor, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234I20240917094506NAL0002600465001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$1M total assets
Net assets$1MLiabilities
Money in vs. money out
Total income / additions$210K
Total expenses$11.6K
Benefits paid / distributionsNot reported
Contributions
Employer$93.1K
Participant$52.5K
Full reported line items

Net assets

Total assets (EOY)
$1,008,523
Net assets (EOY)
$1,008,523
Net assets (BOY)
$810,117

Income & contributions

Employer contributions
$93,071
Participant contributions
$52,500
Total income / additions
$210,005

Expenses & distributions

Administrative expenses
$11,599
Total expenses
$11,599
Net increase / (decrease)
$198,406
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 64%Participant 36%
Total expenses ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages