Plan Snapshot
- Plan Sponsor: Progress Rail Locomotive INC.
- Sponsor EIN: 201932740
- Sponsor Address: 9301 WEST 55TH STREET, LAGRANGE, IL, 60525
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 0 | $0 | $0 | $0 |
| 2024 | 55 | $16.9M | $95,610 | $132,888 |
| 2023 | 55 | $16.7M | $88,227 | $128,141 |
| 2022 | 57 | $17.2M | $74,291 | $113,047 |
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 |
|---|---|---|---|---|
| PRICEWATERHOUSECOOPERS LLP | Other Service Provider | $56,500 | — | $56,500 |
| ALIGHT FINANCIAL ADVISORS, LLC | Other Service Provider | $8,068 | — | $8,068 |
| STRATEGIC BENEFIT ADVISORS | Other Service Provider | $6,195 | — | $6,195 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,763
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 | $2,533,174 | $8,177 | $6,195 | $56,500 | — |
| 2024 | $24,377 | $8,059 | $5,059 | $3,787 | — |
| 2023 | $24,081 | $7,818 | $2,115 | $3,564 | — |
| 2022 | $29,298 | $14,620 | $5,628 | — | $9,050 |