# The Progressive Corporation & Its Participating Subsidiaries 401(k) Plan
Source: https://planprovider.pro/companies/the-progressive-corporation-its-participating-subsidiaries-401k-plan

> The Progressive Corporation & Its Participating Subsidiaries's 401(k) plan: 67,357 participants, plan year 2024 financials, providers, and benchmarks from Fo…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Progressive Corporation & Its Participating Subsidiaries

- **Sponsor EIN:** 340963169

- **Sponsor Address:** 300 N COMMONS BLVD # W91, MAYFIELD VILLAGE, OH, 441431589

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

- **Total Participants:** 67,357

- **Total Assets:** $11.5B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

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

| 2024|67,357|$11.5B|$232.8M|$395.8M|

| 2023|62,521|$9.2B|$205.3M|$344.8M|

| 2022|56,176|$7.6B|$184.5M|$308.9M|

## 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 INV INST OPER CO INC|RECORDKEEPER|$589,892|—|$589,892|

| BAKER & HOSTETLER LLP|ATTORNEY/LEGAL|$93,040|—|$93,040|

| MEADEN & MOORE|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [FIDELITY INV INST OPER CO INC](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [BAKER & HOSTETLER LLP](https://planprovider.pro/provider/bakerhostetler) — ATTORNEY/LEGAL

- [MEADEN & MOORE](https://planprovider.pro/provider/meaden-and-moore-ltd) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $682,932

- **Estimated Expense Ratio:** 0.006% 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|$632,960|—|—|—|—|

| 2023|$540,920|—|—|—|—|

| 2022|$765,655|—|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/the-progressive-corporation-its-participating-subsidiaries-401k-plan)

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