Paraco Gas 401(k) match, vesting and fees
What Paraco Gas' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company O | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,141 defined-contribution plans in retail trade with 100 to 499 participants.
| Paraco Gas: employer contribution per participant | $1,529 | |
| Peer median | $1,216 |
| Paraco Gas: average balance | $48,323 | |
| Peer median | $50,590 |
| Paraco Gas: admin expenses ÷ assets | 0.56% | |
| Peer median | 0.43% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $22.9M at the end of plan year 2021 to $24M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 505 | $24M | $758K | $1,529 | 0.56% | Not published | Form 5500 ↗ |
| 2023 | 523 | $23.1M | $1M | $2,008 | 0.51% | Not published | Form 5500 ↗ |
| 2022 | 507 | $20.2M | $970K | $1,955 | 0.51% | Not published | Form 5500 ↗ |
| 2021 | 480 | $22.9M | $824K | $1,753 | 0.58% | Not published | Form 5500 ↗ |
Common questions
Does Paraco Gas match 401(k) contributions?
The match terms for the Paraco Gas & Affiliates 401(k) Savings and Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $758K in employer contributions, about $1,529 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Paraco Gas 401(k) match vested?
The vesting schedule for the Paraco Gas & Affiliates 401(k) Savings and Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Paraco Gas 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company O. The plan administrator is Mercer Investments, LLC.
I left Paraco Gas. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Mercer Investments, LLC, (617) 747-9500) or the recordkeeper, Empower Annuity Insurance Company O. The Paraco Gas old 401(k) page lists the contacts from every plan filing. Find an old Paraco Gas 401(k)
Data from the public Form 5500 annual reports Paraco Gas filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Paraco Gas. Not financial advice. Report a correction · Methodology