2023 Form 5500 filing — Progressive Communications 401k 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 20241008085856NAL0034211714001) for Progressive Communications 401k Plan, reported by Progressive Communications, Inc. under EIN 58-2431088 and plan number 001. It reports 258 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008085856NAL0034211714001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Progressive Communications, Inc.
- EIN
- 58-2431088
- Plan number
- 001
- Location
- Macon, GA
- Participants
- 258
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,410,155
- Net assets (EOY)
- $7,410,155
- Employer contributions
- $263,215
- Participant contributions
- $627,540
- Total income / additions
- $1,930,854
- Benefits paid
- $474,708
- Administrative expenses
- $35,183
- Total expenses
- $509,891
- Net increase / (decrease)
- $1,420,963
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Northwestern Mutual Wealth Mgt Co | INVESTMENT ADVISOR- PLAN | $33,143 | not reported in the loaded dataset |
| Transamerica Life Insurance Company | RECORDKEEPER | $2,040 | $0 |