2023 Form 5500 filing — Progressive Services, Inc. 401(K) Salary Reduction Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241004160628NAL0006835379001) for Progressive Services, Inc. 401(K) Salary Reduction Plan, reported by Progressive Services, Inc. Dba Progressive under EIN 86-0345657 and plan number 001. It reports 1,094 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241004160628NAL0006835379001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Progressive Services, Inc. Dba Progressive
- EIN
- 86-0345657
- Plan number
- 001
- Location
- Phoenix, AZ
- Participants
- 1,094
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,257,651
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,257,651
- Employer contributions
- $0
- Participant contributions
- $1,298,447
- Total income / additions
- $2,702,441
- Benefits paid
- $880,718
- Administrative expenses
- $47,908
- Total expenses
- $928,626
- Net increase / (decrease)
- $1,773,815
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pensionmark | INVESTMENT ADVISOR | $34,111 | not reported in the loaded dataset |
| Benefits2 Administrators LLC | CONTRACT ADMINISTRATOR | $11,290 | not reported in the loaded dataset |
| Ameriben/Iec Group | TPA | $3,105 | not reported in the loaded dataset |
| Cota Street Inv Mngt | INVESTMENT MGMT | $2,852 | not reported in the loaded dataset |
| Empower Annuity Ins Co Of America | RECORDKEEPER | $0 | $0 |