401(k)
2022 plan-year 401(k) DOL Form 5500

PROGRESSIVE SERVICES, INC. 401(K) SALARY REDUCTION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

PROGRESSIVE SERVICES, INC. DBA PROGRESSIVE

This 401(k) plan holds $9M in total assets and serves 1,015 participants as of 2022. It is sponsored by PROGRESSIVE SERVICES, INC. DBA PROGRESSIVE in Arizona. The plan reported a net loss of $1M for the year.

Total Assets (2023)
$9M
Participants
1,015
State
Industry
Construction

What the Filing Says About PROGRESSIVE SERVICES, INC. 401(K) SALARY REDUCTION PLAN

PROGRESSIVE SERVICES, INC. 401(K) SALARY REDUCTION PLAN is a 401(k) retirement plan sponsored by PROGRESSIVE SERVICES, INC. DBA PROGRESSIVE, headquartered in Arizona. As of the 2022 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 1,015 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 860345657, and the plan has been effective since 1995-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $15M at the beginning of 2022 to $9M at year-end — a decline of 35.5%. Net assets (after liabilities) closed the year at $9M, with reported net income of $-1,009,109 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$15M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$-1,009,109
Plan Type401(k)
Employer EIN860345657
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PROGRESSIVE SERVICES, INC. DBA PROGRESSIVE)

Year Plans Participants Total Assets
2022 1 1,015 $9M
2023 1 985 $11M
2024 1 1,061 $13M

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Frequently Asked Questions

How much money is in the PROGRESSIVE SERVICES, INC. 401(K) SALARY REDUCTION PLAN?
As of the 2022 Form 5500 filing, PROGRESSIVE SERVICES, INC. 401(K) SALARY REDUCTION PLAN holds $9M in total assets with 1,015 participants. It is sponsored by PROGRESSIVE SERVICES, INC. DBA PROGRESSIVE.
What type of plan is PROGRESSIVE SERVICES, INC. 401(K) SALARY REDUCTION PLAN?
PROGRESSIVE SERVICES, INC. 401(K) SALARY REDUCTION PLAN is a 401(k) plan. It has been effective since 1995-07-01. The plan is filed with the U.S. Department of Labor under EIN 860345657.
Who sponsors the PROGRESSIVE SERVICES, INC. 401(K) SALARY REDUCTION PLAN?
PROGRESSIVE SERVICES, INC. 401(K) SALARY REDUCTION PLAN is sponsored by PROGRESSIVE SERVICES, INC. DBA PROGRESSIVE, located in Arizona. The sponsor's EIN is 860345657 and the plan operates in the Construction industry.
How did PROGRESSIVE SERVICES, INC. 401(K) SALARY REDUCTION PLAN perform in 2022?
PROGRESSIVE SERVICES, INC. 401(K) SALARY REDUCTION PLAN declined by 35.5% during 2022, moving from $15M to $9M in total assets. Net income was $-1,009,109.
Where can I find official filings for PROGRESSIVE SERVICES, INC. 401(K) SALARY REDUCTION PLAN?
Official Form 5500 filings for PROGRESSIVE SERVICES, INC. 401(K) SALARY REDUCTION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 860345657 or plan name at efast.dol.gov.
How does PROGRESSIVE SERVICES, INC. 401(K) SALARY REDUCTION PLAN compare to other plans?
You can compare PROGRESSIVE SERVICES, INC. 401(K) SALARY REDUCTION PLAN against other 401(k) plans on the plan type page, or view plans in Arizona on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 860345657.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.