Psci 401(K) Plan — Form 5500 plan (Progressive Software Computing, 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, Psci 401(K) Plan is a benefit plan reported by Progressive Software Computing, Inc. under EIN 51-0339224 and plan number 001. The latest loaded filing year is 2023. The filing reports 113 participants and $8,740,196 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.7MPlan net assets, end of year$8,740,196
Participants113Covered participants reported
Assets / participant$77.3KComputed: assets ÷ participants$77,347 (computed)
Provider compensation$24K1 Schedule C provider row(s)$23,968
Plan sponsor
Progressive Software Computing, Inc.
EIN
51-0339224
Plan number
001
Plan type
2
Location
Wilmington, DE
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    113 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$8.7M total assets
Net assets$8.7MLiabilities$0
Money in vs. money out
Total income / additions$1.9M
Total expenses$376.1K
Benefits paid / distributions$353.1K
Contributions
Employer$73K
Participant$498.2K
Full reported line items

Net assets

Total assets (EOY)
$8,740,196
Total liabilities (EOY)
$0
Net assets (EOY)
$8,740,196
Net assets (BOY)
$7,177,944

Income & contributions

Employer contributions
$72,974
Participant contributions
$498,225
Total contributions
$578,960
Total income / additions
$1,938,311

Expenses & distributions

Benefits paid
$353,087
Administrative expenses
$22,972
Total expenses
$376,059
Net increase / (decrease)
$1,562,252
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 13%Participant 87%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income18%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    NONE · Direct $23K · Indirect $996

What to inspect next

Frequently asked questions

Who sponsors the Psci 401(K) Plan?
Psci 401(K) Plan is reported as sponsored by Progressive Software Computing, Inc. (EIN 51-0339224, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Psci 401(K) Plan?
The latest Form 5500 filing year loaded for Psci 401(K) Plan is 2023.
How many participants does Psci 401(K) Plan report?
Psci 401(K) Plan reports 113 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Psci 401(K) Plan?
Psci 401(K) Plan reports $8,740,196 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages