Progressive Ae Flexible Compensation Plan — Form 5500 plan (Progressive Ae, Inc.)
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, Progressive Ae Flexible Compensation Plan is a benefit plan reported by Progressive Ae, Inc. under EIN 38-1752417 and plan number 002. The latest loaded filing year is 2023. The filing reports 317 participants and $54,206,807 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Progressive Ae, Inc.
- EIN
- 38-1752417
- Plan number
- 002
- Plan type
- 2
- Location
- Grand Rapids, MI
- Latest filing year
- 2023
- Participants
- 317
- End-of-year plan assets
- $54,206,807
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 317 | H, C | 20250714090000NAL0000830401001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $54,206,807
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $54,206,807
- Net assets (BOY)
- $39,595,384
Income & contributions
- Participant contributions
- $2,827,132
- Total contributions
- $3,717,190
- Total income / additions
- $16,043,934
Expenses & distributions
- Benefits paid
- $1,466,314
- Administrative expenses
- $126,193
- Total expenses
- $1,592,507
- Net increase / (decrease)
- $14,451,427
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $71,059 | $0 | 2023 |
| Merrill Lynch Pierce Fenner & Smith | CONSULTANT | $32,934 | not reported in the loaded dataset | 2023 |
| Rockefeller Capital Management | INVESTMENT ADVISORY | $22,200 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Progressive Ae, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Grand Rapids, MI
- Principal Life Insurance Company — Schedule C compensation
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation
- Rockefeller Capital Management — Schedule C compensation