2023 Form 5500 filing — Progressive Ae Flexible Compensation 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 20250714090000NAL0000830401001) for Progressive Ae Flexible Compensation Plan, reported by Progressive Ae, Inc. under EIN 38-1752417 and plan number 002. It reports 317 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250714090000NAL0000830401001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Progressive Ae, Inc.
- EIN
- 38-1752417
- Plan number
- 002
- Location
- Grand Rapids, MI
- Participants
- 317
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $54,206,807
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $54,206,807
- Participant contributions
- $2,827,132
- Total income / additions
- $16,043,934
- Benefits paid
- $1,466,314
- Administrative expenses
- $126,193
- Total expenses
- $1,592,507
- Net increase / (decrease)
- $14,451,427
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $71,059 | $0 |
| Merrill Lynch Pierce Fenner & Smith | CONSULTANT | $32,934 | not reported in the loaded dataset |
| Rockefeller Capital Management | INVESTMENT ADVISORY | $22,200 | not reported in the loaded dataset |