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Company:
Paramount Petroleum Corporation
Plan:
Paramount Petroleum Corporation 401k Savings Plan
 

Paramount Petroleum Corporation

80 Plan: Paramount Petroleum Corporation 401k Savings Plan

 
 
80
40
68
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (80) and the top rated plan (89) could equate to:
[How is this calculated?]
7 additional years of work
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Paramount Petroleum Corporation 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity and Salary Deferral. Paramount Petroleum Corporation 401k Savings Plan currently has over 400 active participants and over $32.4M in plan assets.

 

 Retirement Plan Details

Address 7616 Lbj Freeway Suite 300
Dallas, TX 75251-1105 
Industry Petroleum Refineries
Administrator Eric Nystrom
Net Plan Assets $32,400,000
Total Participants 450
Avg Account Balance $73,000

 Top 3 Funds in this 401k

1. American Funds Growth Fund of America 18%
2. Oakmark Equity & Income 18%
3. Principal Fixed Income Guaranteeed Option 15%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Leumi Investments Services, Inc.
Administration Principal Financial Group
Auditor BKR Cornwell Jackson

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