401(k) · DOL Form 5500 · 2024

Paragon Bank 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
113
Participants Small participant base
68th
Percentile by assets National rank
$154,365
Avg per participant Above 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

$17M in assets, 113 participants

Paragon Bank's Paragon Bank 401(k) Employee Stock Ownership Plan reported $17M in total assets and 113 participants in its 2024 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.

  • #4,445 in Finance & Insurance (8,549 peers)

Coverage in Tennessee

Paragon Bank 401(k) Employee Stock Ownership Plan covers 113 participants in Tennessee, about 10% of the average Tennessee filer (state average ~1,126 per filing). Assets: $17M.

#4,445
in Finance & Insurance (8,549 peers)
+23.5%
assets growth YoY

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 2024 · DOL Form 5500

$17,443,269 Top 32% higher than 68% of 123,620 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 2024

Paragon Bank 401(k) Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Paragon Bank 401(k) Employee Stock Ownership Plan sits mid-pack in the medium band (113 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Paragon Bank 401(k) Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Paragon Bank 401(k) Employee Stock Ownership Plan end-of-year assets rose from $14M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Paragon Bank 401(k) Employee Stock Ownership Plan reported participants rose from 102 in the plan year 2023 filing to 113 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 201022853 · Paragon Bank PY 2024 · 401(k)

Paragon Bank 401(k) Employee Stock Ownership Plan · $17M · 113 · 68th

  • RANK $17M
  • PHOTO 113
  • IND 68th
  • EOY 401(k)
  • 5500 near Associated Credit Union of Texas 401(k) Plan and Trust
  • ASSETS ind #4445

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

Co-Op 401(k) Plan$17MParagon Bank 401(k) Employee Stock Ownership PlanParagon Bank 401(k) Employee…$17MAssociated Credit Union of Texas 401(k) Plan and TrustAssociated Credit Union of T…$17MSouth Florida Surgical Special 401(k) Profit Sharing Plan & TrustSouth Florida Surgical Speci…$17MRmc 2021 LLC 401(k) Plan$17M
End-of-year total assets ($M) among Paragon Bank 401(k) Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$17M
Net Income$4M
Employer EIN201022853
Plan Effective Date2004-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Paragon Bank)

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

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. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Paragon Bank 401(k) Employee Stock Ownership Plan, Total assets ($B): 0.017443269 · Participants: 113Paragon Bank 401(k) Employee Stock Ownership PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.993858777 · Participants: 12564International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.778242011 · Participants: 59441Chs/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
Compare Paragon Bank 401(k) Employee Stock Ownership Plan side-by-side with 3 peers →

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 Associated Credit Union of Texas 401(k) Plan and Trust in TX ($17M); by covered participants it is John Youngblood Motors Inc. Salary Savings & Profit Sharing Plan in MO (113 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (113 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Paragon Bank 401(k) Employee Stock Ownership Plan grew sharply - up 23.5% during 2024, from $14M to $17M. Reported net income was $4M.
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 Associated Credit Union of Texas 401(k) Plan and Trust in TX ($17M, 144 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 John Youngblood Motors Inc. Salary Savings & Profit Sharing Plan in MO (113 participants, $918K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 201022853.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.