Progress Residential 401(K) Plan — Form 5500 plan (Progress Residential)

Plain-English plan 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, Progress Residential 401(K) Plan is a benefit plan reported by Progress Residential under EIN 30-0834544 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,965 participants and $47,118,088 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Progress Residential
EIN
30-0834544
Plan number
001
Plan type
2
Location
Scottsdale, AZ
Latest filing year
2023
Participants
2,965
End-of-year plan assets
$47,118,088

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,965H, C20240912143703NAL0019168322001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$47,118,088
Total liabilities (EOY)
$0
Net assets (EOY)
$47,118,088
Net assets (BOY)
$29,971,902

Income & contributions

Employer contributions
$4,132,903
Participant contributions
$11,452,980
Total contributions
$16,968,388
Total income / additions
$23,482,239

Expenses & distributions

Benefits paid
$6,101,235
Administrative expenses
$231,182
Total expenses
$6,336,053
Net increase / (decrease)
$17,146,186

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$175,405$02023
Ifam CapitalADVISOR$41,777not reported in the loaded dataset2023

Related Form 5500 pages