Other · DOL Form 5500 · 2022

Progress Industries Retirement Plan

Data updated 2026-08-11

$10M
Total assets
179
Participants
64th
Percentile by assets
$53,723
Avg per participant
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Official DOL plan name: Thrift Plan for Employees of Progress Industries · Sponsored by Progress Industries · Iowa · Healthcare & Social Assistance

$10M in assets, 179 participants

Progress Industries's Thrift Plan for Employees of Progress Industries reported $10M in total assets and 179 participants in its 2022 DOL Form 5500 filing, ranking in the 64th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 64th percentile by assets (of 139,126 plans)
  • #13,954 in Healthcare & Social Assistance (20,060 peers)

Coverage in Iowa

Thrift Plan for Employees of Progress Industries covers 179 participants in Iowa, about 29% of the average Iowa filer (state average ~609 per filing). Assets: $10M.

$10M
total plan assets (2022 EOY)
179
covered participants
64th
percentile by assets (of 139,126 plans)
$53,723
avg assets per participant

Where Thrift Plan for Employees of Progress Industries sits by total assets

Thrift Plan for Employees of Progress Industries vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$9,616,422 Top 36% higher than 64% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Thrift Plan for Employees of Progress Industries reports 179 participants - about 29% of that state average ($10M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$529K
Employer EIN421122161
Plan Effective Date1989-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Progress Industries)

$9.4M$9.6M$9.8M$10M$10.2M 202220232024 $9.62M $10M ▲ +4.0%
Total plan assets by year, all Progress Industries plans on file
Year Plans Participants Total Assets
2022 1 179 $10M
2023 1 194 $10M
2024 1 191 $10M

Nearby Other Plans in Iowa

Peer Other plans, same state, same plan type, ranked by total assets.

Thrift Plan for Employees of Progress Industries vs. nearby Other plans in Iowa, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -2000200400600 Total assets ($M) Participants Thrift Plan for Empl…, Total assets ($M): 9.616422 · Participants: 179Thrift Plan for Empl…Iaicu Multiple Emplo…, Total assets ($M): 495.9823 · Participants: 2131Iaicu Multiple Emplo…Act, Inc. Defined Co…, Total assets ($M): 387.931026 · Participants: 1012Act, Inc. Defined Co…Grinnell College Emp…, Total assets ($M): 315.100984 · Participants: 758Grinnell College Emp…Genesis Health Syste…, Total assets ($M): 297.192368 · Participants: 4454Genesis Health Syste…Drake University Man…, Total assets ($M): 248.646529 · Participants: 1182Drake University Man…
Thrift Plan for Employees of Progress Industries vs. nearby Other plans in Iowa, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Thrift Plan for Employees of Progress Industries by total assets, not by location.

Frequently Asked Questions

How did Thrift Plan for Employees of Progress Industries assets move in 2022?
Thrift Plan for Employees of Progress Industries grew at a solid clip - up 5.8% during 2022, from $9M to $10M. Reported net income was $529K.
How have Progress Industries plan assets changed over time?
Across 3 plan years on file (2022-2024), Progress Industries's sponsor-wide assets grew 4.0%, from $10M to $10M.
Which Other plans are similar in size to Thrift Plan for Employees of Progress Industries?
Among Other plans in other states, the closest by assets is Radiological Society of North America Tax-Deferred Annuity (Tda) Plan in IL ($10M, 107 participants).

Next read for Thrift Plan for Employees of Progress In…

Filing takeaways

Ways to act on Thrift Plan for Employees of Progress Industries's numbers.