401(k) · DOL Form 5500 · 2023

Progress Residential 401(k) Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size
2,627
Participants Above avg headcount
85th
Percentile by assets National rank
$17,936
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Progress Residential 401(k) Plan · Sponsored by Progress Residential · Arizona · Real Estate

$47M in assets, 2,627 participants

Progress Residential's Progress Residential 401(k) Plan reported $47M in total assets and 2,627 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #4,449 in Real Estate (4,727 peers)

Coverage in Arizona

Progress Residential 401(k) Plan covers 2,627 participants in Arizona, 4.7x the typical Arizona plan (state average ~564 per filing). Assets: $47M.

#4,449
in Real Estate (4,727 peers)
+57.2%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Progress Residential 401(k) Plan's outsized position by total assets

Progress Residential 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$47,118,088 Top 15% higher than 85% of 127,068 filed plans

This plan $0 $2,050,000,000 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 2023

Progress Residential 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Progress Residential 401(k) Plan lands in the large band (2,627 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Progress Residential 401(k) Plan reported net income rose from $5M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Progress Residential 401(k) Plan end-of-year assets rose from $30M in the plan year 2022 filing to $47M in the plan year 2023 filing.
  • Progress Residential 401(k) Plan reported participants rose from 1,721 in the plan year 2022 filing to 2,627 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 300834544 · Progress Residential PY 2023 · 401(k)

Progress Residential 401(k) Plan · $47M · 2,627 · 85th

  • ASSETS $47M
  • ASSETS 2,627
  • ASSETS 85th
  • ASSETS 401(k)
  • ASSETS near Sgws of New York Sales, Warehouse and Clerical 401(k) Plan
  • ASSETS ind #4449

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Real Estate retirement plans → · Plans in Arizona →

Progress Residential 401(k) Plan in the asset neighbourhood

Progress Residential 401(k) PlanProgress Residential 401(k) …$47MSgws of New York Sales, Warehouse and Clerical 401(k) PlanSgws of New York Sales, Ware…$47MNorthwest Anesthesiology & Pain Services, P. a. Salary Deferral Plan and TrustNorthwest Anesthesiology & P…$47MBuckeye International, Inc 401(k) PlanBuckeye International, Inc 4…$47MMintel Group Ltd. Employees' 401(k) Retirement PlanMintel Group Ltd. Employees'…$47M
End-of-year total assets ($M) among Progress Residential 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Arizona filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$47M
Net Income$17M
Employer EIN300834544
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Progress Residential)

Sponsor-wide plan assets over time

All Progress Residential plans reported in each filing year

Latest sponsor-wide plan assets
$61M 104.74041654079878% vs 2022
2024 filing year
$20M$30M$40M$50M$60M$70M 202220232024 $30M $61.4M ▲ +104.7%
Year Plans Participants Total Assets
2022 1 1,721 $30M
2023 1 2,627 $47M
2024 1 2,504 $61M

Nearby 401(k) Plans in Arizona

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Progress Residential 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. 0200004000060000 -20246 Total assets ($B) Participants Progress Residential 401(k) Plan, Total assets ($B): 0.047118088 · Participants: 2627Progress Residential 401(k) PlanBechtel Trust & Thrift Plan, Total assets ($B): 5.691074806 · Participants: 7448Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.270882725 · Participants: 52452Banner Health Employees 401(k) PlanRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.379834679 · Participants: 28131Republic Services, Inc. 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.323111586 · Participants: 13105Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramStantec 401(k) Plan, Total assets ($B): 2.021683156 · Participants: 10719Stantec 401(k) Plan
Progress Residential 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare Progress Residential 401(k) Plan side-by-side with 3 peers →

Progress Residential 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is Sgws of New York Sales, Warehouse and Clerical 401(k) Plan in NY ($47M); by covered participants it is Granite Retirement Savings Plan in MN (2,627 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,627 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Progress Residential 401(k) Plan assets move in 2023? ▼
Progress Residential 401(k) Plan surged - up 57.2% during 2023, from $30M to $47M. Reported net income was $17M.
How have Progress Residential plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Progress Residential's sponsor-wide assets grew 104.7%, from $30M to $61M.
Where does Progress Residential 401(k) Plan rank by assets among Form 5500 filers? ▼
Progress Residential 401(k) Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Progress Residential 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sgws of New York Sales, Warehouse and Clerical 401(k) Plan in NY ($47M, 335 participants).
Which 401(k) plans cover a similar participant headcount to Progress Residential 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Granite Retirement Savings Plan in MN (2,627 participants, $239M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 300834544.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.