Plan Snapshot
- Plan Sponsor: Progressive Tractor & Implement Co., L.L.C.
- Sponsor EIN: 721197212
- Sponsor Address: P.O. BOX 1438, OPELOUSAS, LA, 70571
- Plan Type: 401(k)
- Total Participants: 488
- Total Assets: $20.5M
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. |
|---|---|---|---|---|
| 2024 | 488 | $20.5M | $1.1M | $1.7M |
| 2023 | 401 | $16.6M | $897,410 | $1.4M |
| 2022 | 330 | $13.8M | $781,299 | $1.2M |
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 |
|---|---|---|---|---|
| KOLDER, SLAVEN & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KOLDER, SLAVEN & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $82,419 | $82,419 | — | — | — |
| 2023 | $62,813 | — | $62,813 | — | — |
| 2022 | $50,028 | — | $50,028 | — | — |