2023 Form 5500 filing — Progressive Technology Federal Systems, Inc. 401(K) 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 20241022092210NAL0002552865001) for Progressive Technology Federal Systems, Inc. 401(K) Plan, reported by Progressive Technology Federal under EIN 52-1942959 and plan number 001. It reports 129 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$14.2MReported net assets$14,180,135
Participants129
Provider compensation$32K3 Schedule C row(s)$32,040
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241022092210NAL0002552865001
Plan sponsor
Progressive Technology Federal
EIN
52-1942959
Plan number
001
Location
Rockville, MD
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$14.2M total assets
Net assets$14.2MLiabilities$0
Money in vs. money out
Total income / additions$3.3M
Total expenses$1.5M
Benefits paid / distributions$1.4M
Contributions
Employer$201.5K
Participant$767.2K
Full reported line items
Total assets (EOY)
$14,180,135
Total liabilities (EOY)
$0
Net assets (EOY)
$14,180,135
Employer contributions
$201,542
Participant contributions
$767,153
Total income / additions
$3,326,693
Benefits paid
$1,431,882
Administrative expenses
$32,041
Total expenses
$1,463,923
Net increase / (decrease)
$1,862,770
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    INVESTMENT/FINANCIAL ADVI · Direct $20.9K · Indirect $0
  2. 2
    Adp, Inc.$11.1K
    RECORD KEEPER · Direct $11.1K · Indirect $0
  3. 3
    RECORD KEEPER · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241022092210NAL0002552865001 cover?
It is the 2023 Form 5500 filing for Progressive Technology Federal Systems, Inc. 401(K) Plan, reported by Progressive Technology Federal (EIN 52-1942959).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages