ESOP · DOL Form 5500 · 2022

Paragon Holdings Inc ESOP

Data updated 2026-08-25

$489K
Total assets Small plan by assets
N/A
Participants Small participant base
18th
Percentile by assets National rank
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Official DOL plan name: Paragon Holdings Inc. Employee Stock Ownership Plan · Sponsored by Paragon Holdings Inc · Michigan · Manufacturing

$489K in assets, N/A participants

Paragon Holdings Inc's Paragon Holdings Inc. Employee Stock Ownership Plan reported $489K in total assets and N/A participants in its 2022 DOL Form 5500 filing, ranking in the 18th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #1,562 in Manufacturing (20,602 peers)

2022 asset change

Paragon Holdings Inc. Employee Stock Ownership Plan contracted severely 70.7% in 2022 ($2M → $489K) for N/A participants.

#1,562
in Manufacturing (20,602 peers)
-70.7%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Paragon Holdings Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Paragon Holdings Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$489,351 18th percentile higher than 18% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Filed plans by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

Plan-year Form 5500 strip

Filing strip 843742948 · Paragon Holdings Inc PY 2022 · ESOP

Paragon Holdings Inc. Employee Stock Ownership Plan · $489K · N/A · 18th

  • EOY $489K
  • 5500 N/A
  • ASSETS 18th
  • PCT ESOP
  • EIN near Ralph Andersen & Associates Employee Stock Ownership Plan
  • RANK ind #1562

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Michigan →

Paragon Holdings Inc. Employee Stock Ownership Plan in the asset neighbourhood

Paragon Holdings Inc. Employee Stock Ownership PlanParagon Holdings Inc. Employ…$489KRalph Andersen & Associates Employee Stock Ownership PlanRalph Andersen & Associates …$488KAjax Electric Company Employee Stock Ownership PlanAjax Electric Company Employ…$490KKing + Cross Companies Employee Stock Ownership PlanKing + Cross Companies Emplo…$490KProbata Corporation Employee Stock Ownership PlanProbata Corporation Employee…$491K
End-of-year total assets ($M) among Paragon Holdings Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Paragon Holdings Inc years around the 2022 move

Sponsor-wide plan assets over time

All Paragon Holdings Inc plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2023 filing year
$0M$0.2M$0.4M$0.6M 20222023 $0.49M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 N/A $489K
2023 1 N/A N/A

2022 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$470K
Net Income-$1M
Employer EIN843742948
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

Peer ESOP plans, same state, same plan type, ranked by total assets.

Paragon Holdings Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -0.500.511.5 Total assets ($B) Participants Paragon Holdings Inc. Employee Stock Ownership Plan, Total assets ($B): 0.000489351 · Participants: 0Paragon Holdings Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.052163391 · Participants: 1155Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.725583306 · Participants: 1817The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.394784403 · Participants: 977Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.191093331 · Participants: 209Motor City Electric Co. Employee Stock Ownership PlanBandit Holding Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.181896 · Participants: 591Bandit Holding Company, Inc. Employee Stock Ownership Plan
Paragon Holdings Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Paragon Holdings Inc. Employee Stock Ownership Plan's closest out-of-state ESOP peers by assets

Outside Michigan, the nearest ESOP by end-of-year assets is Ralph Andersen & Associates Employee Stock Ownership Plan in CA at $488K (this filing: $489K).

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Paragon Holdings Inc. Employee Stock Ownership Plan assets move in 2022?
Paragon Holdings Inc. Employee Stock Ownership Plan contracted severely - down 70.7% during 2022, from $2M to $489K. Reported net income was -$1M.
Where does Paragon Holdings Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Paragon Holdings Inc. Employee Stock Ownership Plan ranks in the 18th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Paragon Holdings Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Ralph Andersen & Associates Employee Stock Ownership Plan in CA ($488K, 11 participants).