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PROGRESSIVE BUSINESS SYSTEMS GCF BENEFIT PLAN 401k Plan overview

Plan NamePROGRESSIVE BUSINESS SYSTEMS GCF BENEFIT PLAN
Plan identification number 501

PROGRESSIVE BUSINESS SYSTEMS GCF BENEFIT PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)

401k Sponsoring company profile

PROGRESSIVE BUSINESS SYSTEMS has sponsored the creation of one or more 401k plans.

Company Name:PROGRESSIVE BUSINESS SYSTEMS
Employer identification number (EIN):581818753
NAIC Classification:444190
NAIC Description:Other Building Material Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROGRESSIVE BUSINESS SYSTEMS GCF BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012023-04-01MORGAN LAW2024-10-28
5012022-04-01MORGAN LAW2023-10-30
5012021-04-01MORGAN LAW2022-10-31
5012020-04-01MORGAN LAW2021-10-27
5012019-12-01MORGAN LAW2020-12-22

Plan Statistics for PROGRESSIVE BUSINESS SYSTEMS GCF BENEFIT PLAN

401k plan membership statisitcs for PROGRESSIVE BUSINESS SYSTEMS GCF BENEFIT PLAN

Measure Date Value
2024: PROGRESSIVE BUSINESS SYSTEMS GCF BENEFIT PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-282
Total number of particpants at end of year2024-10-282
2022: PROGRESSIVE BUSINESS SYSTEMS GCF BENEFIT PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-312
Total number of particpants at end of year2022-10-312

Financial Data on PROGRESSIVE BUSINESS SYSTEMS GCF BENEFIT PLAN

Measure Date Value
2024 : PROGRESSIVE BUSINESS SYSTEMS GCF BENEFIT PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-10-286243
Total liabilities as of the beginning of the plan year2024-10-284564
Total expenses incurred by plan in this plan year2024-10-2833448
Net assets as of the end of the plan year2024-10-288505
Total assets as of the beginning of the plan year2024-10-286229
Value of plan covered by a fidelity bond2024-10-28500000
Participant contributions to plan in this plan year2024-10-2816751
Other expenses paid from plan in this plan year2024-10-280
Other contributions to plan in this plan year2024-10-280
Other income to plan in this plan year2024-10-28543
Plan net income in this plan year2024-10-28597
Net assets as of the end of the plan year2024-10-282262
Net assets as of the beginning of the plan year2024-10-281665
Employer contributions to plan in this plan year2024-10-2816751
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-281785
2022 : PROGRESSIVE BUSINESS SYSTEMS GCF BENEFIT PLAN 2022 401k financial data
Total liabilities as of the end of the plan year2022-10-314034
Total liabilities as of the beginning of the plan year2022-10-312340
Total expenses incurred by plan in this plan year2022-10-3124306
Net assets as of the end of the plan year2022-10-315281
Total assets as of the beginning of the plan year2022-10-313027
Value of plan covered by a fidelity bond2022-10-31500000
Participant contributions to plan in this plan year2022-10-3112253
Other expenses paid from plan in this plan year2022-10-310
Other contributions to plan in this plan year2022-10-310
Other income to plan in this plan year2022-10-31360
Plan net income in this plan year2022-10-31560
Net assets as of the end of the plan year2022-10-311247
Net assets as of the beginning of the plan year2022-10-31687
Employer contributions to plan in this plan year2022-10-3112253
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-311254

Potentially related plans

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