Civic Intelligence

Paramount Accounting Services

Plan context: Paramount Accounting Services Cash Balance Plan

EIN 38-3541779 • Dearborn, MI • 16 filings • 2 plans

13201 West Warren AvenueSuite #1Dearborn, MI 48126
Current Snapshot

Latest Year

2024

2024 Participants

14

2024 Assets

$1,911,538

2024 Contributions

$333,154

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$1,911,538$955,769$0201420192024YearValue
$1,911,538Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

1470201420192024YearValue
14Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024214$1,911,538$333,154$23,797iApproximate average salary by contribution assumption: employee only about $594,918 at 4% or $396,612 at 6%; with 50% employer match about $396,612 at 4% or $264,408 at 6%; with 100% employer match about $297,459 at 4% or $198,306 at 6%.
Paramount Accounting Services Cash Balance Plan-12$1,267,115$288,431$24,036iApproximate average salary by contribution assumption: employee only about $600,898 at 4% or $400,599 at 6%; with 50% employer match about $400,599 at 4% or $267,066 at 6%; with 100% employer match about $300,449 at 4% or $200,299 at 6%.
Paramount Accounting 401(K) Plan-14$644,423$44,723$3,195iApproximate average salary by contribution assumption: employee only about $79,863 at 4% or $53,242 at 6%; with 50% employer match about $53,242 at 4% or $35,494 at 6%; with 100% employer match about $39,931 at 4% or $26,621 at 6%.
2023213$1,450,541$329,590$25,353iApproximate average salary by contribution assumption: employee only about $633,827 at 4% or $422,551 at 6%; with 50% employer match about $422,551 at 4% or $281,701 at 6%; with 100% employer match about $316,913 at 4% or $211,276 at 6%.
Paramount Accounting Services Cash Balance Plan-10$907,190$287,355$28,736iApproximate average salary by contribution assumption: employee only about $718,388 at 4% or $478,925 at 6%; with 50% employer match about $478,925 at 4% or $319,283 at 6%; with 100% employer match about $359,194 at 4% or $239,463 at 6%.
Paramount Accounting 401(K) Plan-13$543,351$42,235$3,249iApproximate average salary by contribution assumption: employee only about $81,221 at 4% or $54,147 at 6%; with 50% employer match about $54,147 at 4% or $36,098 at 6%; with 100% employer match about $40,611 at 4% or $27,074 at 6%.
2022214$999,023$196,718$14,051iApproximate average salary by contribution assumption: employee only about $351,282 at 4% or $234,188 at 6%; with 50% employer match about $234,188 at 4% or $156,125 at 6%; with 100% employer match about $175,641 at 4% or $117,094 at 6%.
Paramount Accounting Services Cash Balance Plan-11$562,801$186,944$16,995iApproximate average salary by contribution assumption: employee only about $424,873 at 4% or $283,248 at 6%; with 50% employer match about $283,248 at 4% or $188,832 at 6%; with 100% employer match about $212,436 at 4% or $141,624 at 6%.
Paramount Accounting 401(K) Plan-14$436,222$9,774$698iApproximate average salary by contribution assumption: employee only about $17,454 at 4% or $11,636 at 6%; with 50% employer match about $11,636 at 4% or $7,757 at 6%; with 100% employer match about $8,727 at 4% or $5,818 at 6%.
2021210$896,356$192,296$19,230iApproximate average salary by contribution assumption: employee only about $480,740 at 4% or $320,493 at 6%; with 50% employer match about $320,493 at 4% or $213,662 at 6%; with 100% employer match about $240,370 at 4% or $160,247 at 6%.
Paramount Accounting 401(K) Plan-10$523,452$6,237$624iApproximate average salary by contribution assumption: employee only about $15,593 at 4% or $10,395 at 6%; with 50% employer match about $10,395 at 4% or $6,930 at 6%; with 100% employer match about $7,796 at 4% or $5,198 at 6%.
Paramount Accounting Services Cash Balance Plan-8$372,904$186,059$23,257iApproximate average salary by contribution assumption: employee only about $581,434 at 4% or $387,623 at 6%; with 50% employer match about $387,623 at 4% or $258,415 at 6%; with 100% employer match about $290,717 at 4% or $193,811 at 6%.
202028$641,908$232,669$29,084iApproximate average salary by contribution assumption: employee only about $727,091 at 4% or $484,727 at 6%; with 50% employer match about $484,727 at 4% or $323,151 at 6%; with 100% employer match about $363,545 at 4% or $242,364 at 6%.
Paramount Accounting 401(K) Plan-7$455,600$46,361$6,623iApproximate average salary by contribution assumption: employee only about $165,575 at 4% or $110,383 at 6%; with 50% employer match about $110,383 at 4% or $73,589 at 6%; with 100% employer match about $82,788 at 4% or $55,192 at 6%.
Paramount Accounting Services Cash Balance Plan-8$186,308$186,308$23,289iApproximate average salary by contribution assumption: employee only about $582,213 at 4% or $388,142 at 6%; with 50% employer match about $388,142 at 4% or $258,761 at 6%; with 100% employer match about $291,106 at 4% or $194,071 at 6%.
201917$326,573$44,534$6,362iApproximate average salary by contribution assumption: employee only about $159,050 at 4% or $106,033 at 6%; with 50% employer match about $106,033 at 4% or $70,689 at 6%; with 100% employer match about $79,525 at 4% or $53,017 at 6%.
Paramount Accounting 401(K) Plan-7$326,573$44,534$6,362iApproximate average salary by contribution assumption: employee only about $159,050 at 4% or $106,033 at 6%; with 50% employer match about $106,033 at 4% or $70,689 at 6%; with 100% employer match about $79,525 at 4% or $53,017 at 6%.
201817$220,853$53,700$7,671iApproximate average salary by contribution assumption: employee only about $191,786 at 4% or $127,857 at 6%; with 50% employer match about $127,857 at 4% or $85,238 at 6%; with 100% employer match about $95,893 at 4% or $63,929 at 6%.
Paramount Accounting 401(K) Plan-7$220,853$53,700$7,671iApproximate average salary by contribution assumption: employee only about $191,786 at 4% or $127,857 at 6%; with 50% employer match about $127,857 at 4% or $85,238 at 6%; with 100% employer match about $95,893 at 4% or $63,929 at 6%.
201717$199,666$80,918$11,560iApproximate average salary by contribution assumption: employee only about $288,993 at 4% or $192,662 at 6%; with 50% employer match about $192,662 at 4% or $128,441 at 6%; with 100% employer match about $144,496 at 4% or $96,331 at 6%.
Paramount Accounting 401(K) Plan-7$199,666$80,918$11,560iApproximate average salary by contribution assumption: employee only about $288,993 at 4% or $192,662 at 6%; with 50% employer match about $192,662 at 4% or $128,441 at 6%; with 100% employer match about $144,496 at 4% or $96,331 at 6%.
201618$93,577$21,764$2,721iApproximate average salary by contribution assumption: employee only about $68,013 at 4% or $45,342 at 6%; with 50% employer match about $45,342 at 4% or $30,228 at 6%; with 100% employer match about $34,006 at 4% or $22,671 at 6%.
Paramount Accounting 401(K) Plan-8$93,577$21,764$2,721iApproximate average salary by contribution assumption: employee only about $68,013 at 4% or $45,342 at 6%; with 50% employer match about $45,342 at 4% or $30,228 at 6%; with 100% employer match about $34,006 at 4% or $22,671 at 6%.
201516$67,080$29,776$4,963iApproximate average salary by contribution assumption: employee only about $124,067 at 4% or $82,711 at 6%; with 50% employer match about $82,711 at 4% or $55,141 at 6%; with 100% employer match about $62,033 at 4% or $41,356 at 6%.
Paramount Accounting 401(K) Plan-6$67,080$29,776$4,963iApproximate average salary by contribution assumption: employee only about $124,067 at 4% or $82,711 at 6%; with 50% employer match about $82,711 at 4% or $55,141 at 6%; with 100% employer match about $62,033 at 4% or $41,356 at 6%.
201416$40,282$41,804$6,967iApproximate average salary by contribution assumption: employee only about $174,183 at 4% or $116,122 at 6%; with 50% employer match about $116,122 at 4% or $77,415 at 6%; with 100% employer match about $87,092 at 4% or $58,061 at 6%.
Paramount Accounting 401(K) Plan-6$40,282$41,804$6,967iApproximate average salary by contribution assumption: employee only about $174,183 at 4% or $116,122 at 6%; with 50% employer match about $116,122 at 4% or $77,415 at 6%; with 100% employer match about $87,092 at 4% or $58,061 at 6%.