Paragon Medical Inc. 401(k) Plan (terminated 2020): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2020, when $36.6 million was transferred out of the plan. Assets moved to the NN, INC. 401(K) PROFIT SHARING PLAN (sponsored by NN, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the NN, INC. 401(K) PROFIT SHARING PLAN →

Paragon Medical Inc. 401(k) Plan Facts (plan year 2020)

Plan name
PARAGON MEDICAL INC. 401K PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PARAGON MEDICAL INC.
Participants
755
Former employees with a balance
0
Recordkeeper
American United Life Insurance Co.
Plan year
Jan 1, 2020 – Feb 1, 2020
Plan established
Jan 1, 1997
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Feb 1, 2020), filed Oct 14, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $856,811 was paid out to participants.
  • Investment and other income added $85,216.

How the Paragon Medical Inc. 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015811$23.2 million$950,702$1.32 million
2016798$26.3 million$884,971$1.50 million
2017760$31.4 million$938,569$1.98 million
2018758$30.4 million$1.06 million$2.22 million
2019753$37.5 million$1.17 million$3.48 million
2020 (final)755$0—$856,811

Paragon Medical Inc. 401(k) Contact Information

Phone
574-594-2140
Mailing address
8 MATCHETT INDUSTRIAL PARK DRIVE, PIERCETON IN 46562
Plan sponsor
PARAGON MEDICAL INC.
Employer identification number (EIN)
35-1831457
Plan number
001

Questions about the Paragon Medical Inc. 401(k)

Is the Paragon Medical Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2020. Its assets were transferred to the NN, INC. 401(K) PROFIT SHARING PLAN.

Does Paragon Medical Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Paragon Medical Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Paragon Medical Inc 401(k) plan?

755 participants at the start of plan year 2020.

Who manages the Paragon Medical Inc 401(k) accounts?

OneAmerica Financial (listed on the filing as AMERICAN UNITED LIFE INSURANCE CO.) is the plan's recordkeeper, which is where participants log in to see their balance.

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