Paragon Commercial Bank 401(k) Plan (terminated 2018): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2018. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
Paragon Commercial Bank 401(k) Login
Retirement plan providers can change. This information is from the plan's 2018 filing.
Paragon Commercial Bank 401(k) Plan Facts (plan year 2018)
Source: Form 5500 for plan year 2018 (Jan 1, 2018 – Sep 13, 2018), filed Dec 27, 2018. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2018
- $428,205 went into the plan in contributions, $175,239 of it from the employer (41%).
- $13.7 million was paid out to participants.
- Investment and other income added $176,658.
How the Paragon Commercial Bank 401(k) changed, 2013–2018
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2013 | 93 | $5.69 million | $216,845 | $278,436 |
| 2014 | 114 | $7.26 million | $493,857 | $477,275 |
| 2015 | 131 | $8.50 million | $589,378 | $300,013 |
| 2016 | 144 | $10.3 million | $645,468 | $488,322 |
| 2017 | 154 | $13.1 million | $792,317 | $1.10 million |
| 2018 (final) | 165 | $0 | $175,239 | $13.7 million |
Paragon Commercial Bank 401(k) Contact Information
Questions about the Paragon Commercial Bank 401(k)
Is the Paragon Commercial Bank 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2018.
Does Paragon Commercial Bank contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2018 the employer contributed $175,239, 41% of all contributions.
Does the Paragon Commercial Bank 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Paragon Commercial Bank 401(k) plan?
165 participants at the start of plan year 2018.
Who manages the Paragon Commercial Bank 401(k) accounts?
Empower is the plan's recordkeeper, which is where participants log in to see their balance.