401k Plan data: PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN plan

PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN 401k Plan overview

Plan Name	PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN
Plan identification number	001

PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

PARAGON TECHNOLOGY AND DEVELOPMENT, INC. has sponsored the creation of one or more 401k plans.

Company Name: PARAGON TECHNOLOGY AND DEVELOPMENT, INC.

Employer identification number (EIN): 800942817

NAIC Classification: 541600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 QIAN LIU 2024-10-04
001 2022-01-01 CHRISTINE RIMER 2023-08-11
001 2021-01-01 CHRISTINE RIMER 2022-06-22
001 2020-01-01
001 2019-01-01
001 2018-01-01 ROBERT LUNNY 2019-10-07 ROBERT LUNNY 2019-10-07
001 2017-01-01 JUDE HUDSON 2018-09-27 JUDE HUDSON 2018-09-27
001 2016-01-01 JUDE HUDSON 2017-06-28
001 2015-01-01 JUDE HUDSON 2016-06-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01	QIAN LIU	2024-10-04
001	2022-01-01	CHRISTINE RIMER	2023-08-11
001	2021-01-01	CHRISTINE RIMER	2022-06-22
001	2020-01-01
001	2019-01-01
001	2018-01-01	ROBERT LUNNY	2019-10-07	ROBERT LUNNY	2019-10-07
001	2017-01-01	JUDE HUDSON	2018-09-27	JUDE HUDSON	2018-09-27
001	2016-01-01	JUDE HUDSON	2017-06-28
001	2015-01-01	JUDE HUDSON	2016-06-14

Plan Statistics for PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN

401k plan membership statisitcs for PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN

Measure Date Value
2020: PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 11
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 10
Total of all active and inactive participants 2020-01-01 10
Total participants 2020-01-01 10
Number of participants with account balances 2020-01-01 10
2019: PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 9
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 5
Number of other retired or separated participants entitled to future benefits 2019-01-01 6
Total of all active and inactive participants 2019-01-01 11
Total participants 2019-01-01 11
Number of participants with account balances 2019-01-01 11

Measure	Date	Value
2020: PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	11
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	10
Total of all active and inactive participants	2020-01-01	10
Total participants	2020-01-01	10
Number of participants with account balances	2020-01-01	10
2019: PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	9
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	5
Number of other retired or separated participants entitled to future benefits	2019-01-01	6
Total of all active and inactive participants	2019-01-01	11
Total participants	2019-01-01	11
Number of participants with account balances	2019-01-01	11

Financial Data on PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN

Measure	Date	Value
2020 : PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN 2020 401k financial data
Total income from all sources	2020-12-31	$51,615
Expenses. Total of all expenses incurred	2020-12-31	$16,537
Benefits paid (including direct rollovers)	2020-12-31	$15,065
Total plan assets at end of year	2020-12-31	$117,154
Total plan assets at beginning of year	2020-12-31	$82,076
Total contributions received or receivable from participants	2020-12-31	$26,047
Expenses. Other expenses not covered elsewhere	2020-12-31	$1,472
Other income received	2020-12-31	$14,507
Net income (gross income less expenses)	2020-12-31	$35,078
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$117,154
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$82,076
Total contributions received or receivable from employer(s)	2020-12-31	$11,061
2019 : PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN 2019 401k financial data
Total income from all sources	2019-12-31	$54,046
Expenses. Total of all expenses incurred	2019-12-31	$770
Total plan assets at end of year	2019-12-31	$82,076
Total plan assets at beginning of year	2019-12-31	$28,800
Total contributions received or receivable from participants	2019-12-31	$27,838
Expenses. Other expenses not covered elsewhere	2019-12-31	$770
Other income received	2019-12-31	$9,791
Net income (gross income less expenses)	2019-12-31	$53,276
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$82,076
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$28,800
Total contributions received or receivable from employer(s)	2019-12-31	$16,417

Form 5500 Responses for PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN

2020: PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: PARAGON TECHNOLOGY AND DEVELOPMENT 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	PARAGON TECHNOLOGY AND DEVELOPMENT, INC.
Employer identification number (EIN):	800942817
NAIC Classification:	541600