Other · DOL Form 5500 · 2024

Progress Industries Retirement Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
191
Participants Below avg headcount
56th
Percentile by assets National rank
$52,373
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, 191 participants

Progress Industries's Thrift Plan for Employees of Progress Industries reported $10M in total assets and 191 participants in its 2024 DOL Form 5500 filing, ranking in the 56th 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.

  • #10,357 in Healthcare & Social Assistance (16,916 peers)

Coverage in Iowa

Thrift Plan for Employees of Progress Industries covers 191 participants in Iowa, about 31% of the average Iowa filer (state average ~609 per filing). Assets: $10M.

#10,357
in Healthcare & Social Assistance (16,916 peers)
+3.1%
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 2024 · DOL Form 5500

$10,003,252 Top 44% higher than 56% of 123,620 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 2024

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

Plan-year 2024 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 (191 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Thrift Plan for Employees of Progress Industries reported net income rose from $84K in the plan year 2023 filing to $302K in the plan year 2024 filing.
  • Thrift Plan for Employees of Progress Industries end-of-year assets rose from $10M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Thrift Plan for Employees of Progress Industries reported participants fell from 194 in the plan year 2023 filing to 191 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 421122161 · Progress Industries PY 2024 · Other

Thrift Plan for Employees of Progress Industries · $10M · 191 · 56th

  • PART $10M
  • TYPE 191
  • NET 56th
  • BOOK Other
  • VS-ST near Landmark Christian School 403(b) Retirement Plan
  • BOY ind #10357

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

Creative Alternatives, Inc Retirement Plan & TrustCreative Alternatives, Inc R…$10MThrift Plan for Employees of Progress IndustriesThrift Plan for Employees of…$10MLandmark Christian School 403(b) Retirement PlanLandmark Christian School 40…$10MRoyal Oaks 403b Plan$10MBaywood Court Employee Savings PlanBaywood Court Employee Savin…$10M
End-of-year total assets ($M) among Thrift Plan for Employees of Progress Industries and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$10M
Net Income$302K
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. 0100020003000 -2000200400600800 Total assets ($M) Participants Thrift Plan for Employees of Progress Industries, Total assets ($M): 10.003252 · Participants: 191Thrift Plan for Employees of Progress IndustriesIaicu Multiple Employer Plan, Total assets ($M): 621.446067 · Participants: 2554Iaicu Multiple Employer PlanAct, Inc. Defined Contribution Retirement Plan, Total assets ($M): 393.195075 · Participants: 913Act, Inc. Defined Contribution Retirement PlanGrinnell College Employees Retirement Savings Plan, Total assets ($M): 374.409137 · Participants: 841Grinnell College Employees Retirement Savings PlanDrake University Mandatory Tax-Deferred Annuity Retirement Plan, Total assets ($M): 297.09718 · Participants: 1285Drake University Mandatory Tax-Deferred Annuity Retirement PlanSt. Ambrose University Defined Contribution Plan, Total assets ($M): 122.538073 · Participants: 698St. Ambrose University Defined Contribution 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 Landmark Christian School 403(b) Retirement Plan in GA ($10M); by covered participants it is Tiaa-Cref Annuity Plan for the Faculty and the Administration of Athens Academy in GA (191 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (191 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Thrift Plan for Employees of Progress Industries edged up modestly - up 3.1% during 2024, from $10M to $10M. Reported net income was $302K.
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 Landmark Christian School 403(b) Retirement Plan in GA ($10M, 195 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 Tiaa-Cref Annuity Plan for the Faculty and the Administration of Athens Academy in GA (191 participants, $26M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.