PROGRESSIVE COMPONENTS INTERNATIONAL CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PROGRESSIVE RETIREMENT EMPLOYEES PLAN
Measure | Date | Value |
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2022: PROGRESSIVE RETIREMENT EMPLOYEES PLAN 2022 401k membership |
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Total participants, beginning-of-year | 2022-01-01 | 69 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 59 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 9 |
Total of all active and inactive participants | 2022-01-01 | 68 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
Total participants | 2022-01-01 | 68 |
Number of participants with account balances | 2022-01-01 | 60 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 2 |
2021: PROGRESSIVE RETIREMENT EMPLOYEES PLAN 2021 401k membership |
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Total participants, beginning-of-year | 2021-01-01 | 63 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 60 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 9 |
Total of all active and inactive participants | 2021-01-01 | 69 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
Total participants | 2021-01-01 | 69 |
Number of participants with account balances | 2021-01-01 | 51 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 2 |
2020: PROGRESSIVE RETIREMENT EMPLOYEES PLAN 2020 401k membership |
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Total participants, beginning-of-year | 2020-01-01 | 63 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 55 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 8 |
Total of all active and inactive participants | 2020-01-01 | 63 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
Total participants | 2020-01-01 | 63 |
Number of participants with account balances | 2020-01-01 | 50 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 3 |
2019: PROGRESSIVE RETIREMENT EMPLOYEES PLAN 2019 401k membership |
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Total participants, beginning-of-year | 2019-01-01 | 65 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 57 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 6 |
Total of all active and inactive participants | 2019-01-01 | 63 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 0 |
Total participants | 2019-01-01 | 63 |
Number of participants with account balances | 2019-01-01 | 50 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 0 |
Measure | Date | Value |
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2022 : PROGRESSIVE RETIREMENT EMPLOYEES PLAN 2022 401k financial data |
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Transfers to/from the plan | 2022-12-31 | $0 |
Total plan liabilities at end of year | 2022-12-31 | $0 |
Total plan liabilities at beginning of year | 2022-12-31 | $0 |
Total income from all sources | 2022-12-31 | $-1,219,507 |
Expenses. Total of all expenses incurred | 2022-12-31 | $974,761 |
Benefits paid (including direct rollovers) | 2022-12-31 | $944,561 |
Total plan assets at end of year | 2022-12-31 | $8,572,483 |
Total plan assets at beginning of year | 2022-12-31 | $10,766,751 |
Value of fidelity bond covering the plan | 2022-12-31 | $1,000,000 |
Assets. Value of tangible personal property | 2022-12-31 | $0 |
Total contributions received or receivable from participants | 2022-12-31 | $428,198 |
Assets. Value of loans (other than to participants) | 2022-12-31 | $0 |
Expenses. Other expenses not covered elsewhere | 2022-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2022-12-31 | $81,433 |
Other income received | 2022-12-31 | $-1,880,148 |
Noncash contributions received | 2022-12-31 | $0 |
Net income (gross income less expenses) | 2022-12-31 | $-2,194,268 |
Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $8,572,483 |
Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $10,766,751 |
Assets. Value of participant loans | 2022-12-31 | $74,012 |
Assets. Value of assets in partnership/joint-venture interests | 2022-12-31 | $0 |
Assets. Value of real-estate (other than employer real property) | 2022-12-31 | $0 |
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2022-12-31 | $0 |
Assets. Value of employer securities | 2022-12-31 | $0 |
Assets. Value of employer real property | 2022-12-31 | $0 |
Total contributions received or receivable from employer(s) | 2022-12-31 | $151,010 |
Value of certain deemed distributions of participant loans | 2022-12-31 | $0 |
Value of corrective distributions | 2022-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2022-12-31 | $30,200 |
2021 : PROGRESSIVE RETIREMENT EMPLOYEES PLAN 2021 401k financial data |
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Transfers to/from the plan | 2021-12-31 | $0 |
Total plan liabilities at end of year | 2021-12-31 | $0 |
Total plan liabilities at beginning of year | 2021-12-31 | $0 |
Total income from all sources | 2021-12-31 | $1,791,449 |
Expenses. Total of all expenses incurred | 2021-12-31 | $316,017 |
Benefits paid (including direct rollovers) | 2021-12-31 | $287,871 |
Total plan assets at end of year | 2021-12-31 | $10,766,751 |
Total plan assets at beginning of year | 2021-12-31 | $9,291,319 |
Value of fidelity bond covering the plan | 2021-12-31 | $1,000,000 |
Assets. Value of tangible personal property | 2021-12-31 | $0 |
Total contributions received or receivable from participants | 2021-12-31 | $368,392 |
Assets. Value of loans (other than to participants) | 2021-12-31 | $0 |
Expenses. Other expenses not covered elsewhere | 2021-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2021-12-31 | $0 |
Other income received | 2021-12-31 | $1,275,430 |
Noncash contributions received | 2021-12-31 | $0 |
Net income (gross income less expenses) | 2021-12-31 | $1,475,432 |
Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $10,766,751 |
Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $9,291,319 |
Assets. Value of participant loans | 2021-12-31 | $81,630 |
Assets. Value of assets in partnership/joint-venture interests | 2021-12-31 | $0 |
Assets. Value of real-estate (other than employer real property) | 2021-12-31 | $0 |
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2021-12-31 | $0 |
Assets. Value of employer securities | 2021-12-31 | $0 |
Assets. Value of employer real property | 2021-12-31 | $0 |
Total contributions received or receivable from employer(s) | 2021-12-31 | $147,627 |
Value of certain deemed distributions of participant loans | 2021-12-31 | $0 |
Value of corrective distributions | 2021-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2021-12-31 | $28,146 |
2020 : PROGRESSIVE RETIREMENT EMPLOYEES PLAN 2020 401k financial data |
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Transfers to/from the plan | 2020-12-31 | $0 |
Total plan liabilities at end of year | 2020-12-31 | $0 |
Total plan liabilities at beginning of year | 2020-12-31 | $0 |
Total income from all sources | 2020-12-31 | $1,813,801 |
Expenses. Total of all expenses incurred | 2020-12-31 | $550,070 |
Benefits paid (including direct rollovers) | 2020-12-31 | $529,918 |
Total plan assets at end of year | 2020-12-31 | $9,291,319 |
Total plan assets at beginning of year | 2020-12-31 | $8,027,588 |
Value of fidelity bond covering the plan | 2020-12-31 | $1,000,000 |
Total contributions received or receivable from participants | 2020-12-31 | $354,946 |
Expenses. Other expenses not covered elsewhere | 2020-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2020-12-31 | $2,155 |
Other income received | 2020-12-31 | $1,468,241 |
Noncash contributions received | 2020-12-31 | $-11,541 |
Net income (gross income less expenses) | 2020-12-31 | $1,263,731 |
Net plan assets at end of year (total assets less liabilities) | 2020-12-31 | $9,291,319 |
Net plan assets at beginning of year (total assets less liabilities) | 2020-12-31 | $8,027,588 |
Assets. Value of participant loans | 2020-12-31 | $48,941 |
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2020-12-31 | $0 |
Total contributions received or receivable from employer(s) | 2020-12-31 | $0 |
Value of certain deemed distributions of participant loans | 2020-12-31 | $0 |
Value of corrective distributions | 2020-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2020-12-31 | $20,152 |
2019 : PROGRESSIVE RETIREMENT EMPLOYEES PLAN 2019 401k financial data |
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Transfers to/from the plan | 2019-12-31 | $0 |
Total plan liabilities at end of year | 2019-12-31 | $0 |
Total plan liabilities at beginning of year | 2019-12-31 | $0 |
Total income from all sources | 2019-12-31 | $1,945,930 |
Expenses. Total of all expenses incurred | 2019-12-31 | $1,512,012 |
Benefits paid (including direct rollovers) | 2019-12-31 | $1,476,334 |
Total plan assets at end of year | 2019-12-31 | $8,027,588 |
Total plan assets at beginning of year | 2019-12-31 | $7,593,670 |
Value of fidelity bond covering the plan | 2019-12-31 | $1,000,000 |
Total contributions received or receivable from participants | 2019-12-31 | $339,323 |
Expenses. Other expenses not covered elsewhere | 2019-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2019-12-31 | $0 |
Other income received | 2019-12-31 | $1,467,438 |
Noncash contributions received | 2019-12-31 | $0 |
Net income (gross income less expenses) | 2019-12-31 | $433,918 |
Net plan assets at end of year (total assets less liabilities) | 2019-12-31 | $8,027,588 |
Net plan assets at beginning of year (total assets less liabilities) | 2019-12-31 | $7,593,670 |
Assets. Value of participant loans | 2019-12-31 | $69,354 |
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2019-12-31 | $0 |
Total contributions received or receivable from employer(s) | 2019-12-31 | $139,169 |
Value of certain deemed distributions of participant loans | 2019-12-31 | $0 |
Value of corrective distributions | 2019-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2019-12-31 | $35,678 |