401k Plan data: PROGRESSIVE COMMUNICATIONS CORPORATION EMPLOYEES' RETIREMENT PLAN plan

PROGRESSIVE COMMUNICATIONS CORPORATION EMPLOYEES' RETIREMENT PLAN 401k Plan overview

Plan Name	PROGRESSIVE COMMUNICATIONS CORPORATION EMPLOYEES' RETIREMENT PLAN
Plan identification number	001

PROGRESSIVE COMMUNICATIONS CORPORATION EMPLOYEES' RETIREMENT PLAN Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021). Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

PROGRESSIVE COMMUNICATIONS CORP. has sponsored the creation of one or more 401k plans.

Company Name: PROGRESSIVE COMMUNICATIONS CORP.

Employer identification number (EIN): 314290300

NAIC Classification: 511110
NAIC Description: Newspaper Publishers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROGRESSIVE COMMUNICATIONS CORPORATION EMPLOYEES' RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2019-01-01 KAY CULBERTSON 2020-10-15 KAY CULBERTSON 2020-10-15
001 2018-01-01 KAY CULBERTSON 2019-10-15 KAY CULBERTSON 2019-10-15
001 2017-01-01 KAY CULBERTSON 2018-10-12 KAY CULBERTSON 2018-10-12
001 2016-01-01 KAY CULBERTSON 2017-10-12 KAY CULBERTSON 2017-10-12
001 2015-01-01 KAY CULBERTSON 2016-10-14 KAY CULBERTSON 2016-10-14
001 2014-01-01 KAY CULBERTSON 2015-10-14
001 2013-01-01 KAY CULBERTSON 2014-10-15
001 2012-01-01 KAY CULBERTSON 2013-10-11
001 2011-01-01 KAY CULBERTSON 2012-10-12
001 2010-01-01 KAY CULBERTSON 2011-10-07

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2019-01-01	KAY CULBERTSON	2020-10-15	KAY CULBERTSON	2020-10-15
001	2018-01-01	KAY CULBERTSON	2019-10-15	KAY CULBERTSON	2019-10-15
001	2017-01-01	KAY CULBERTSON	2018-10-12	KAY CULBERTSON	2018-10-12
001	2016-01-01	KAY CULBERTSON	2017-10-12	KAY CULBERTSON	2017-10-12
001	2015-01-01	KAY CULBERTSON	2016-10-14	KAY CULBERTSON	2016-10-14
001	2014-01-01	KAY CULBERTSON	2015-10-14
001	2013-01-01	KAY CULBERTSON	2014-10-15
001	2012-01-01	KAY CULBERTSON	2013-10-11
001	2011-01-01	KAY CULBERTSON	2012-10-12
001	2010-01-01	KAY CULBERTSON	2011-10-07

Plan Statistics for PROGRESSIVE COMMUNICATIONS CORPORATION EMPLOYEES' RETIREMENT PLAN

401k plan membership statisitcs for PROGRESSIVE COMMUNICATIONS CORPORATION EMPLOYEES' RETIREMENT PLAN

Measure Date Value
2019: PROGRESSIVE COMMUNICATIONS CORPORATION EMPLOYEES' RETIREMENT PLAN 2019 401k membership
Market value of plan assets 2019-12-31 2,402,683
Acturial value of plan assets 2019-12-31 2,402,683
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 1,957,459
Number of terminated vested participants 2019-12-31 43
Fundng target for terminated vested participants 2019-12-31 506,784
Active participant vested funding target 2019-12-31 425,569
Number of active participants 2019-12-31 18
Total funding liabilities for active participants 2019-12-31 425,569
Total participant count 2019-12-31 96
Total funding target for all participants 2019-12-31 2,889,812
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 6,341
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 6,341
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 0
Present value of excess contributions 2019-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 0
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 0
Total employer contributions 2019-12-31 53,510
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 52,343
Liquidity shortfalls end of Q1 2019-12-31 0
Liquidity shortfalls end of Q2 2019-12-31 0
Liquidity shortfalls end of Q3 2019-12-31 0
Liquidity shortfalls end of Q4 2019-12-31 0
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 9,793
Net shortfall amortization installment of oustanding balance 2019-12-31 487,129
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 150,181
Additional cash requirement 2019-12-31 150,181
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 52,343
Unpaid minimum required contributions for current year 2019-12-31 97,838
Unpaid minimum required contributions for all years 2019-12-31 97,838
2018: PROGRESSIVE COMMUNICATIONS CORPORATION EMPLOYEES' RETIREMENT PLAN 2018 401k membership
Market value of plan assets 2018-12-31 2,346,870
Acturial value of plan assets 2018-12-31 2,356,363
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 1,128,444
Number of terminated vested participants 2018-12-31 46
Fundng target for terminated vested participants 2018-12-31 512,660
Active participant vested funding target 2018-12-31 1,166,907
Number of active participants 2018-12-31 20
Total funding liabilities for active participants 2018-12-31 1,166,907
Total participant count 2018-12-31 98
Total funding target for all participants 2018-12-31 2,808,011
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 5,829
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 5,829
Present value of excess contributions 2018-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 6,341
Total employer contributions 2018-12-31 105,088
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 100,678
Liquidity shortfalls end of Q1 2018-12-31 0
Liquidity shortfalls end of Q2 2018-12-31 0
Liquidity shortfalls end of Q3 2018-12-31 0
Liquidity shortfalls end of Q4 2018-12-31 0
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 9,756
Net shortfall amortization installment of oustanding balance 2018-12-31 457,989
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 107,019
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 6,341
Additional cash requirement 2018-12-31 100,678
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 100,678
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: PROGRESSIVE COMMUNICATIONS CORPORATION EMPLOYEES' RETIREMENT PLAN 2017 401k membership
Market value of plan assets 2017-12-31 2,159,915
Acturial value of plan assets 2017-12-31 2,322,481
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 1,076,229
Number of terminated vested participants 2017-12-31 44
Fundng target for terminated vested participants 2017-12-31 438,364
Active participant vested funding target 2017-12-31 1,182,108
Number of active participants 2017-12-31 24
Total funding liabilities for active participants 2017-12-31 1,189,181
Total participant count 2017-12-31 99
Total funding target for all participants 2017-12-31 2,703,774
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 5,810
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 5,810
Present value of excess contributions 2017-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 5,829
Total employer contributions 2017-12-31 113,184
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 108,240
Liquidity shortfalls end of Q1 2017-12-31 0
Liquidity shortfalls end of Q2 2017-12-31 0
Liquidity shortfalls end of Q3 2017-12-31 0
Liquidity shortfalls end of Q4 2017-12-31 0
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 9,614
Net shortfall amortization installment of oustanding balance 2017-12-31 387,122
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 108,240
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 108,240
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 108,240
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: PROGRESSIVE COMMUNICATIONS CORPORATION EMPLOYEES' RETIREMENT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 2,152,278
Acturial value of plan assets 2016-12-31 2,367,506
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 1,025,734
Number of terminated vested participants 2016-12-31 43
Fundng target for terminated vested participants 2016-12-31 437,948
Active participant vested funding target 2016-12-31 1,157,412
Number of active participants 2016-12-31 32
Total funding liabilities for active participants 2016-12-31 1,187,337
Total participant count 2016-12-31 104
Total funding target for all participants 2016-12-31 2,651,019
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 2,513
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 2,513
Present value of excess contributions 2016-12-31 3,190
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 3,390
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 3,390
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 5,810
Total employer contributions 2016-12-31 108,589
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 103,906
Liquidity shortfalls end of Q1 2016-12-31 0
Liquidity shortfalls end of Q2 2016-12-31 0
Liquidity shortfalls end of Q3 2016-12-31 0
Liquidity shortfalls end of Q4 2016-12-31 0
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 0
Net shortfall amortization installment of oustanding balance 2016-12-31 289,323
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 103,906
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 103,906
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 103,906
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2019: PROGRESSIVE COMMUNICATIONS CORPORATION EMPLOYEES' RETIREMENT PLAN 2019 401k membership
Market value of plan assets	2019-12-31	2,402,683
Acturial value of plan assets	2019-12-31	2,402,683
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	1,957,459
Number of terminated vested participants	2019-12-31	43
Fundng target for terminated vested participants	2019-12-31	506,784
Active participant vested funding target	2019-12-31	425,569
Number of active participants	2019-12-31	18
Total funding liabilities for active participants	2019-12-31	425,569
Total participant count	2019-12-31	96
Total funding target for all participants	2019-12-31	2,889,812
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	6,341
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	6,341
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	0
Total employer contributions	2019-12-31	53,510
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	52,343
Liquidity shortfalls end of Q1	2019-12-31	0
Liquidity shortfalls end of Q2	2019-12-31	0
Liquidity shortfalls end of Q3	2019-12-31	0
Liquidity shortfalls end of Q4	2019-12-31	0
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	9,793
Net shortfall amortization installment of oustanding balance	2019-12-31	487,129
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	150,181
Additional cash requirement	2019-12-31	150,181
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	52,343
Unpaid minimum required contributions for current year	2019-12-31	97,838
Unpaid minimum required contributions for all years	2019-12-31	97,838
2018: PROGRESSIVE COMMUNICATIONS CORPORATION EMPLOYEES' RETIREMENT PLAN 2018 401k membership
Market value of plan assets	2018-12-31	2,346,870
Acturial value of plan assets	2018-12-31	2,356,363
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	1,128,444
Number of terminated vested participants	2018-12-31	46
Fundng target for terminated vested participants	2018-12-31	512,660
Active participant vested funding target	2018-12-31	1,166,907
Number of active participants	2018-12-31	20
Total funding liabilities for active participants	2018-12-31	1,166,907
Total participant count	2018-12-31	98
Total funding target for all participants	2018-12-31	2,808,011
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	5,829
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	5,829
Present value of excess contributions	2018-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	6,341
Total employer contributions	2018-12-31	105,088
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	100,678
Liquidity shortfalls end of Q1	2018-12-31	0
Liquidity shortfalls end of Q2	2018-12-31	0
Liquidity shortfalls end of Q3	2018-12-31	0
Liquidity shortfalls end of Q4	2018-12-31	0
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	9,756
Net shortfall amortization installment of oustanding balance	2018-12-31	457,989
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	107,019
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	6,341
Additional cash requirement	2018-12-31	100,678
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	100,678
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: PROGRESSIVE COMMUNICATIONS CORPORATION EMPLOYEES' RETIREMENT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	2,159,915
Acturial value of plan assets	2017-12-31	2,322,481
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	1,076,229
Number of terminated vested participants	2017-12-31	44
Fundng target for terminated vested participants	2017-12-31	438,364
Active participant vested funding target	2017-12-31	1,182,108
Number of active participants	2017-12-31	24
Total funding liabilities for active participants	2017-12-31	1,189,181
Total participant count	2017-12-31	99
Total funding target for all participants	2017-12-31	2,703,774
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	5,810
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	5,810
Present value of excess contributions	2017-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	5,829
Total employer contributions	2017-12-31	113,184
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	108,240
Liquidity shortfalls end of Q1	2017-12-31	0
Liquidity shortfalls end of Q2	2017-12-31	0
Liquidity shortfalls end of Q3	2017-12-31	0
Liquidity shortfalls end of Q4	2017-12-31	0
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	9,614
Net shortfall amortization installment of oustanding balance	2017-12-31	387,122
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	108,240
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	108,240
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	108,240
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: PROGRESSIVE COMMUNICATIONS CORPORATION EMPLOYEES' RETIREMENT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	2,152,278
Acturial value of plan assets	2016-12-31	2,367,506
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	1,025,734
Number of terminated vested participants	2016-12-31	43
Fundng target for terminated vested participants	2016-12-31	437,948
Active participant vested funding target	2016-12-31	1,157,412
Number of active participants	2016-12-31	32
Total funding liabilities for active participants	2016-12-31	1,187,337
Total participant count	2016-12-31	104
Total funding target for all participants	2016-12-31	2,651,019
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	2,513
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	2,513
Present value of excess contributions	2016-12-31	3,190
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	3,390
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	3,390
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	5,810
Total employer contributions	2016-12-31	108,589
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	103,906
Liquidity shortfalls end of Q1	2016-12-31	0
Liquidity shortfalls end of Q2	2016-12-31	0
Liquidity shortfalls end of Q3	2016-12-31	0
Liquidity shortfalls end of Q4	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	0
Net shortfall amortization installment of oustanding balance	2016-12-31	289,323
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	103,906
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	103,906
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	103,906
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	PROGRESSIVE COMMUNICATIONS CORP.
Employer identification number (EIN):	314290300
NAIC Classification:	511110
NAIC Description:	Newspaper Publishers