401(k) · DOL Form 5500 · 2022

Paragon Bank 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
97
Participants Small participant base
68th
Percentile by assets National rank
$123,591
Avg per participant Near avg balance/head
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Official DOL plan name: Paragon Bank 401(k) Employee Stock Ownership Plan · Sponsored by Paragon Bank · Tennessee · Finance & Insurance

$12M in assets, 97 participants

Paragon Bank's Paragon Bank 401(k) Employee Stock Ownership Plan reported $12M in total assets and 97 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • #4,839 in Finance & Insurance (9,261 peers)

Paragon Bank multi-year trail

Paragon Bank's plans moved +45.5% in assets from 2022 to 2024; this filing shows Paragon Bank 401(k) Employee Stock Ownership Plan at $12M / 97 participants.

#4,839
in Finance & Insurance (9,261 peers)
+4.7%
assets growth YoY

The plan reported a net loss of $71K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Paragon Bank 401(k) Employee Stock Ownership Plan's outsized position by total assets

Paragon Bank 401(k) Employee Stock Ownership Plan vs every filed plan by assets

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

$11,988,328 Top 32% higher than 68% 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

Paragon Bank 401(k) Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Paragon Bank 401(k) Employee Stock Ownership Plan is a small filing (97 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 201022853 · Paragon Bank PY 2022 · 401(k)

Paragon Bank 401(k) Employee Stock Ownership Plan · $12M · 97 · 68th

  • PHOTO $12M
  • IND 97
  • EOY 68th
  • 5500 401(k)
  • ASSETS near The Kamson Corporation 401(k) Profit Sharing Plan & Trust
  • PCT ind #4839

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 Finance & Insurance retirement plans → · Plans in Tennessee →

Paragon Bank 401(k) Employee Stock Ownership Plan in the asset neighbourhood

Paragon Bank 401(k) Employee Stock Ownership PlanParagon Bank 401(k) Employee…$12MThe Kamson Corporation 401(k) Profit Sharing Plan & TrustThe Kamson Corporation 401(k…$12MTower Extrusions, LLC. 401(k) PlanTower Extrusions, LLC. 401(k…$12MRussell Standard Corporation 401 (K) Profit Sharing Plan & TrustRussell Standard Corporation…$12MSnapsheet, Inc. Ancillary PlanSnapsheet, Inc. Ancillary Pl…$12M
End-of-year total assets ($M) among Paragon Bank 401(k) Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Paragon Bank multi-year asset trail

Sponsor-wide plan assets over time

All Paragon Bank plans reported in each filing year

Latest sponsor-wide plan assets
$17M 45.50210004264147% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $12M $17.4M ▲ +45.5%
Year Plans Participants Total Assets
2022 1 97 $12M
2023 1 102 $14M
2024 1 113 $17M

Paragon Bank filing trail (2022)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$11M
Net Income-$71K
Employer EIN201022853
Plan Effective Date2004-12-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Tennessee

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Paragon Bank 401(k) Employee Stock Ownership Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Paragon Bank 401(k) Employee Stock Ownership Plan, Total assets ($B): 0.011988328 · Participants: 97Paragon Bank 401(k) Employee Stock Ownership PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Paragon Bank 401(k) Employee Stock Ownership Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Paragon Bank 401(k) Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is The Kamson Corporation 401(k) Profit Sharing Plan & Trust in NJ ($12M); by covered participants it is Rhode Island Eye Institute 401(k)Profit Sharing Plan in RI (97 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (97 participants); asset peers above are excluded.

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 Bank 401(k) Employee Stock Ownership Plan assets move in 2022?
Paragon Bank 401(k) Employee Stock Ownership Plan edged up modestly - up 4.7% during 2022, from $11M to $12M. Reported net income was -$71K.
How have Paragon Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Paragon Bank's sponsor-wide assets grew 45.5%, from $12M to $17M.
Which 401(k) plans are similar in size to Paragon Bank 401(k) Employee Stock Ownership Plan?
Among 401(k) plans in other states, the closest by assets is The Kamson Corporation 401(k) Profit Sharing Plan & Trust in NJ ($12M, 318 participants).
Which 401(k) plans cover a similar participant headcount to Paragon Bank 401(k) Employee Stock Ownership Plan?
Among 401(k) plans in other states, the closest by covered participants is Rhode Island Eye Institute 401(k)Profit Sharing Plan in RI (97 participants, N/A in assets).