Other · DOL Form 5500 · 2023

Progress Industries Retirement Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
194
Participants Below avg headcount
58th
Percentile by assets National rank
$50,004
Avg per participant Low balance/head
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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, 194 participants

Progress Industries's Thrift Plan for Employees of Progress Industries reported $10M in total assets and 194 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #11,241 in Healthcare & Social Assistance (17,684 peers)

Coverage in Iowa

Thrift Plan for Employees of Progress Industries covers 194 participants in Iowa, about 32% of the average Iowa filer (state average ~609 per filing). Assets: $10M.

#11,241
in Healthcare & Social Assistance (17,684 peers)
+0.9%
assets growth YoY

Thrift Plan for Employees of Progress Industries's mid-pack asset rank among Healthcare & Social Assistance and all filers

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

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

$9,700,782 Top 42% higher than 58% 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

Thrift Plan for Employees of Progress Industries among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Thrift Plan for Employees of Progress Industries sits mid-pack in the medium band (194 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Thrift Plan for Employees of Progress Industries reported net income fell from $529K in the plan year 2022 filing to $84K in the plan year 2023 filing.
  • Thrift Plan for Employees of Progress Industries reported participants rose from 179 in the plan year 2022 filing to 194 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 421122161 · Progress Industries PY 2023 · Other

Thrift Plan for Employees of Progress Industries · $10M · 194 · 58th

  • PCT $10M
  • EIN 194
  • RANK 58th
  • PHOTO Other
  • IND near Armand Hammer United World College of the American West
  • EOY ind #11241

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 Healthcare & Social Assistance retirement plans → · Plans in Iowa →

Thrift Plan for Employees of Progress Industries in the asset neighbourhood

Thrift Plan for Employees of Progress IndustriesThrift Plan for Employees of…$10MArmand Hammer United World College of the American WestArmand Hammer United World C…$10MKennebec Valley Community Action Program Tax Deferred Annuity PlanKennebec Valley Community Ac…$10MNew Horizons Resources, Inc. 403(b) PlanNew Horizons Resources, Inc.…$10MJewish Federation of Southern New Jersey 403(b) PlanJewish Federation of Souther…$10M
End-of-year total assets ($M) among Thrift Plan for Employees of Progress Industries and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$10M
Net Income$84K
Employer EIN421122161
Plan Effective Date1989-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Progress Industries)

Sponsor-wide plan assets over time

All Progress Industries plans reported in each filing year

Latest sponsor-wide plan assets
$10M 4.022598009945903% vs 2022
2024 filing year
$9.4M$9.6M$9.8M$10M$10.2M 202220232024 $9.62M $10M ▲ +4.0%
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 -2000200400600800 Total assets ($M) Participants Thrift Plan for Employees of Progress Industries, Total assets ($M): 9.700782 · Participants: 194Thrift Plan for Employees of Progress IndustriesIaicu Multiple Employer Plan, Total assets ($M): 593.244111 · Participants: 2396Iaicu Multiple Employer PlanAct, Inc. Defined Contribution Retirement Plan, Total assets ($M): 425.690125 · Participants: 1043Act, Inc. Defined Contribution Retirement PlanGrinnell College Employees Retirement Savings Plan, Total assets ($M): 352.550863 · Participants: 810Grinnell College Employees Retirement Savings PlanGenesis Health System Retirement Savings Plan, Total assets ($M): 344.594954 · Participants: 4651Genesis Health System Retirement Savings PlanDrake University Mandatory Tax-Deferred Annuity Retirement Plan, Total assets ($M): 277.013704 · Participants: 1224Drake University Mandatory Tax-Deferred Annuity Retirement Plan
Thrift Plan for Employees of Progress Industries vs. nearby Other plans in Iowa, assets vs. participants
Compare Thrift Plan for Employees of Progress Industries side-by-side with 3 peers →

Thrift Plan for Employees of Progress Industries's out-of-state Other peers by assets and headcount

Outside Iowa, the nearest Other by assets is Armand Hammer United World College of the American West in NM ($10M); by covered participants it is American Academy of Dermatology 403b Plan in IL (194 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (194 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 Thrift Plan for Employees of Progress Industries assets move in 2023? ▼
Thrift Plan for Employees of Progress Industries held essentially flat - up 0.9% during 2023, from $10M to $10M. Reported net income was $84K.
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 Armand Hammer United World College of the American West in NM ($10M, 150 participants).
Which Other plans cover a similar participant headcount to Thrift Plan for Employees of Progress Industries? ▼
Among Other plans in other states, the closest by covered participants is American Academy of Dermatology 403b Plan in IL (194 participants, $56M 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 421122161.

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.