2023 Form 5500 filing — Progressive Ae Employee Stock Ownership 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 20250714062147NAL0000520051001) for Progressive Ae Employee Stock Ownership Plan, reported by Progressive Ae, Inc. under EIN 38-1752417 and plan number 003. It reports 278 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$19.8MReported net assets$19,793,498
Participants278
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20250714062147NAL0000520051001
Plan sponsor
Progressive Ae, Inc.
EIN
38-1752417
Plan number
003
Location
Grand Rapids, MI
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$19.8M total assets
Net assets$19.8MLiabilities$0
Money in vs. money out
Total income / additions$6.1M
Total expenses$208.4K
Benefits paid / distributions$100.2K
Contributions
Employer$1.5M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$19,793,498
Total liabilities (EOY)
$0
Net assets (EOY)
$19,793,498
Employer contributions
$1,470,000
Total income / additions
$6,140,932
Benefits paid
$100,174
Administrative expenses
$108,267
Total expenses
$208,441
Net increase / (decrease)
$5,932,491

Related Form 5500 pages