Defined Benefit (Pension) · DOL Form 5500 · 2023

Progressive Packaging Corporation Pension Plan

Data updated 2026-08-11

$1K
Total assets: 4
Participants: 1st
Percentile by assets: $256
Avg per participant

Official DOL plan name: Progressive Packaging Corporation Cash Balance Plan · Sponsored by Progressive Packaging Corporation · Illinois · Retail Trade

$1K in assets, 4 participants

Progressive Packaging Corporation's Progressive Packaging Corporation Cash Balance Plan reported $1K in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 1st 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.

1st percentile by assets (of 127,072 plans)
#73 in Retail Trade (8,414 peers)

Progressive Packaging Corporation multi-year trail

Progressive Packaging Corporation's plans moved +10.7% in assets from 2022 to 2023; this filing shows Progressive Packaging Corporation Cash Balance Plan at $1K / 4 participants.

$1K
total plan assets (2023 EOY): 4
covered participants: 1st
percentile by assets (of 127,072 plans): $256
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Progressive Packaging Corporation Cash Balance Plan sits by total assets

Progressive Packaging Corporation Cash Balance Plan vs every filed plan by assets

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

$1,025 1st percentile higher than 1% of 127,068 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Progressive Packaging Corporation Cash Balance Plan reported net income fell from $10K in the plan year 2022 filing to -$3M in the plan year 2023 filing.
Progressive Packaging Corporation Cash Balance Plan end-of-year assets fell from $3M in the plan year 2022 filing to $1K in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Retail Trade

Progressive Packaging Corporation across 2 plan years on file

Across the 2 plan years Progressive Packaging Corporation has on file (2022-2023), sponsor-wide plan assets have moved from $4M to $5M, a gain of 10.7%, while reported participants moved from 8 to 8 (+0.0%).

Progressive Packaging Corporation multi-year asset trail

Total plan assets by year, all Progressive Packaging Corporation plans on file

Year	Plans	Participants	Total Assets
2022	2	8	$4M
2023	2	8	$5M

Progressive Packaging Corporation filing trail (2023)

Total Assets (Beginning of Year)	$3M
Net Assets (End of Year)	$1K
Net Income	-$3M
Employer EIN	364451481
Plan Effective Date	2015-01-01
Filing Status	FILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Illinois

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Progressive Packaging Corporation Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
John Deere Pension Plan for Salaried Employees $8.0B · 16,346
Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382

Compare Progressive Packaging Corporation Cash B… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Progressive Packaging Corporation Cash Balance Plan by total assets, not by location.

West Efx Inc Defined Benefit Pension Plan (CA) $973 · 3
Abvi-Goodwill Pension Plan (NY) $1K · 39
The Gerstenslager Company Bargaining Unit Employees' Pension Plan (OH) $808 · N/A
Retirement Plan of the Arc of Monroe County (NY) $738 · 55

Frequently Asked Questions

How did Progressive Packaging Corporation Cash Balance Plan assets move in 2023? ▼

Progressive Packaging Corporation Cash Balance Plan contracted severely - down 100.0% during 2023, from $3M to $1K. Reported net income was -$3M.

How have Progressive Packaging Corporation plan assets changed over time? ▼

Across 2 plan years on file (2022-2023), Progressive Packaging Corporation's sponsor-wide assets grew 10.7%, from $4M to $5M.

Where does Progressive Packaging Corporation Cash Balance Plan rank by assets among Form 5500 filers? ▼

Progressive Packaging Corporation Cash Balance Plan ranks in the 1st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).

Which Defined Benefit (Pension) plans are similar in size to Progressive Packaging Corporation Cash Balance Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is West Efx Inc Defined Benefit Pension Plan in CA ($973, 3 participants).

Next read for Progressive Packaging Corporation Cash B…

Multi-year trail

Ways to act on Progressive Packaging Corporation Cash Balance Plan's numbers.

By total assets, Progressive Packaging Corporation Cash Balance Plan ranks among the smaller plans by assets on file. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Progressive Packaging Corporation's sponsor-wide assets have grown 10.7% since 2022 across 2 plan years on file. More Retail Trade plans

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 364451481.