401(k) · DOL Form 5500 · 2023

Progressive Ae, Inc. 401(k) Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
257
Participants Below avg headcount
86th
Percentile by assets National rank
$210,921
Avg per participant Above avg balance/head
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Official DOL plan name: Progressive Ae Flexible Compensation Plan · Sponsored by Progressive Ae, Inc. · Michigan · Professional & Technical Services

$54M in assets, 257 participants

Progressive Ae, Inc.'s Progressive Ae Flexible Compensation Plan reported $54M in total assets and 257 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #17,755 in Professional & Technical Services (20,321 peers)

Coverage in Michigan

Progressive Ae Flexible Compensation Plan covers 257 participants in Michigan, about 40% of the average Michigan filer (state average ~638 per filing). Assets: $54M.

#17,755
in Professional & Technical Services (20,321 peers)
+36.9%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Progressive Ae Flexible Compensation Plan's outsized position by total assets

Progressive Ae Flexible Compensation Plan vs every filed plan by assets

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

$54,206,807 Top 14% higher than 86% 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

Progressive Ae Flexible Compensation Plan 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. Progressive Ae Flexible Compensation Plan sits mid-pack in the medium band (257 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Progressive Ae Flexible Compensation Plan reported net income rose from $6M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Progressive Ae Flexible Compensation Plan end-of-year assets rose from $40M in the plan year 2022 filing to $54M in the plan year 2023 filing.
  • Progressive Ae Flexible Compensation Plan reported participants rose from 241 in the plan year 2022 filing to 257 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 381752417 · Progressive Ae, Inc. PY 2023 · 401(k)

Progressive Ae Flexible Compensation Plan · $54M · 257 · 86th

  • PHOTO $54M
  • IND 257
  • EOY 86th
  • 5500 401(k)
  • ASSETS near Coushatta Tribe 401(k) Savings Plan
  • PCT ind #17755

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 Professional & Technical Services retirement plans → · Plans in Michigan →

Progressive Ae Flexible Compensation Plan in the asset neighbourhood

Progressive Ae Flexible Compensation PlanProgressive Ae Flexible Comp…$54MCoushatta Tribe 401(k) Savings PlanCoushatta Tribe 401(k) Savin…$54MMagid Glove and Safety Manufacturing Company, LLC 401(k) and Profit Sharing PlanMagid Glove and Safety Manuf…$54MBurns Engineering, Inc. 401(k) Profit Sharing PlanBurns Engineering, Inc. 401(…$54MSpencer Gifts LLC 401(k) Plan$54M
End-of-year total assets ($M) among Progressive Ae Flexible Compensation Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$54M
Net Income$14M
Employer EIN381752417
Plan Effective Date1976-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Progressive Ae, Inc.)

Sponsor-wide plan assets over time

All Progressive Ae, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$86M 60.31272361387514% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $53.6M $86M ▲ +60.3%
Year Plans Participants Total Assets
2022 2 482 $54M
2023 2 516 $74M
2024 2 586 $86M

Nearby 401(k) Plans in Michigan

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

Progressive Ae Flexible Compensation Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Progressive Ae Flexible Compensation Plan, Total assets ($B): 0.054206807 · Participants: 257Progressive Ae Flexible Compensation PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Progressive Ae Flexible Compensation Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Progressive Ae Flexible Compensation Plan side-by-side with 3 peers →

Progressive Ae Flexible Compensation Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Coushatta Tribe 401(k) Savings Plan in LA ($54M); by covered participants it is Pace Resources, Inc. Retirement Savings Plan in PA (257 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (257 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 Progressive Ae Flexible Compensation Plan assets move in 2023? ▼
Progressive Ae Flexible Compensation Plan surged - up 36.9% during 2023, from $40M to $54M. Reported net income was $14M.
How have Progressive Ae, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Progressive Ae, Inc.'s sponsor-wide assets grew 60.3%, from $54M to $86M.
Where does Progressive Ae Flexible Compensation Plan rank by assets among Form 5500 filers? ▼
Progressive Ae Flexible Compensation Plan ranks in the 86th 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 Progressive Ae Flexible Compensation Plan? ▼
Among 401(k) plans in other states, the closest by assets is Coushatta Tribe 401(k) Savings Plan in LA ($54M, 1,544 participants).
Which 401(k) plans cover a similar participant headcount to Progressive Ae Flexible Compensation Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pace Resources, Inc. Retirement Savings Plan in PA (257 participants, $48M 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 381752417.

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.