Plan Snapshot
- Plan Sponsor: Progressive Converting, INC.
- Sponsor EIN: 391747757
- Sponsor Address: 2430 EAST GLENDALE AVENUE, APPLETON, WI, 54911
- Plan Type: 401(k)
- Total Participants: 470
- Total Assets: $19.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 470 | $19.7M | $485,582 | $1.3M |
| 2023 | 397 | $17.1M | $452,536 | $1.1M |
| 2022 | 385 | $13.1M | $414,971 | $1.1M |
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 |
|---|---|---|---|---|
| ASSOCIATED TRUST COMPANY, N.A. | NONE | $99,053 | — | $99,053 |
| SMITH & HOWARD, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,053
- Estimated Expense Ratio: 0.503% 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 |
|---|---|---|---|---|---|
| 2024 | $99,053 | $81,179 | — | — | — |
| 2023 | $80,337 | $66,742 | — | — | — |
| 2022 | $79,643 | $69,745 | — | — | — |