Profit Sharing · DOL Form 5500 · 2023

Progress Foundation Profit Sharing Plan

Data updated 2026-08-11

$12M
Total assets
386
Participants
62nd
Percentile by assets
$30,899
Avg per participant
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Official DOL plan name: Progress Foundation 403(b) Retirement Plan · Sponsored by Progress Foundation · California · Other Services

$12M in assets, 386 participants

Progress Foundation's Progress Foundation 403(b) Retirement Plan reported $12M in total assets and 386 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • 62nd percentile by assets (of 127,072 plans)
  • #6,197 in Other Services (7,857 peers)

Progress Foundation multi-year trail

Progress Foundation's plans moved +18.8% in assets from 2022 to 2024; this filing shows Progress Foundation 403(b) Retirement Plan at $12M / 386 participants.

$12M
total plan assets (2023 EOY)
386
covered participants
62nd
percentile by assets (of 127,072 plans)
$30,899
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Progress Foundation 403(b) Retirement Plan reported net income rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Progress Foundation 403(b) Retirement Plan end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Progress Foundation 403(b) Retirement Plan reported participants rose from 381 in the plan year 2022 filing to 386 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Progress Foundation across 3 plan years on file

Across the 3 plan years Progress Foundation has on file (2022-2024), sponsor-wide plan assets have moved from $10M to $12M, a gain of 18.8%, while reported participants moved from 381 to 416 (+9.2%). Peak year by sponsor assets: 2024 ($12M); trough: 2022 ($10M).

Progress Foundation multi-year asset trail

$9M$10M$11M$12M$13M 202220232024 $10.1M $11.9M ▲ +18.7%
Total plan assets by year, all Progress Foundation plans on file
Year Plans Participants Total Assets
2022 1 381 $10M
2023 1 386 $12M
2024 1 416 $12M

Progress Foundation filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN941716828
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in California

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

Progress Foundation 403(b) Retirement Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Progress Foundation 403(b) Retirement Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Progress Foundation …Intel Retirement Con…Scpmg Keogh PlanMotion Picture Indus…Memorialcare Retirem…Disney Retirement Sa…
Progress Foundation 403(b) Retirement Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Progress Foundation 403(b) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Progress Foundation 403(b) Retirement Plan assets move in 2023?
Progress Foundation 403(b) Retirement Plan grew sharply - up 18.7% during 2023, from $10M to $12M. Reported net income was $2M.
How have Progress Foundation plan assets changed over time?
Across 3 plan years on file (2022-2024), Progress Foundation's sponsor-wide assets grew 18.8%, from $10M to $12M.
Which Profit Sharing plans are similar in size to Progress Foundation 403(b) Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Blue Rock Products Company Profit Sharing Plan in MT ($12M, 77 participants).

Next read for Progress Foundation 403(b) Retirement Pl…

Multi-year trail

Ways to act on Progress Foundation 403(b) Retirement Plan's numbers.