# Progressive Machine & Design, LLC 401(k) Plan
Source: https://planprovider.pro/companies/progressive-machine-design-llc-401k-plan

> Progressive Machine & Design, LLC's 401(k) plan: 205 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Progressive Machine & Design, LLC

- **Sponsor EIN:** 161451739

- **Sponsor Address:** 727 ROWLEY ROAD, VICTOR, NY, 14564

- **Plan Type:** 401(k)

- **Total Participants:** 205

- **Total Assets:** $25.0M

## 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:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|205|$25.0M|$189,198|$1.7M|

| 2023|200|$22.7M|$178,342|$1.7M|

| 2022|187|$20.3M|$180,569|$1.5M|

## 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|$32,657|—|$32,657|

| THE WATERFORD GROUP LLC|ADVISOR|$25,000|—|$25,000|

| EFPR GROUP,CPAS,PLLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [EFPR GROUP,CPAS,PLLC](https://planprovider.pro/provider/efpr-group-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $57,657

- **Estimated Expense Ratio:** 0.230% 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|$57,657|$25,000|—|—|—|

| 2023|$48,578|$25,000|—|—|—|

| 2022|$55,543|—|—|—|—|

## Similar Plans

- [Entech Engineering PC](https://planprovider.pro/companies/entech-engineering-pc-401k-plan) — 313 participants

- [Desimone Consulting Engineering, D.P.C.](https://planprovider.pro/companies/desimone-consulting-engineering-d-p-c-401k-plan) — 338 participants

- [E-J Electric Installation Company](https://planprovider.pro/companies/e-j-electric-installation-company-plan) — 355 participants

- [Barton & Loguidice, D.P.C.](https://planprovider.pro/companies/barton-loguidice-d-p-c-401k-plan) — 377 participants

- [Buro Happold Consulting Engineers, INC.](https://planprovider.pro/companies/buro-happold-consulting-engineers-inc-401k-plan) — 406 participants

- [Tectonic Engineering Consultants, Geologists & Land Surveyors, D.P.C.](https://planprovider.pro/companies/tectonic-engineering-consultants-geologists-land-surveyors-d-p-c-401k-plan) — 461 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/progressive-machine-design-llc-401k-plan)

© 2026 PlanProvider.Pro