Plan Snapshot
- Plan Sponsor: Prog Holdings, INC.
- Sponsor EIN: 852484385
- Sponsor Address: 256 WEST DATA DRIVE, DRAPER, UT, 84020
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,562
- Total Assets: $85.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 1,562 | $85.7M | $0 | $0 |
| 2024 | 1,416 | $69.6M | $3.3M | $6.7M |
| 2023 | 1,604 | $60.0M | $3.3M | $6.6M |
| 2022 | 1,668 | $45.9M | $3.3M | $6.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $36,409 | — | $36,409 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $5,357 | — | $5,357 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,766
- Estimated Expense Ratio: 0.049% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $7,244,405 | $5,357 | — | — | — |
| 2024 | $94,365 | $224 | — | — | — |
| 2023 | $102,068 | — | — | — | — |
| 2022 | $93,362 | — | — | — | $93,362 |