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PROGRESSIVE COMMERCIAL AQUATICS INC 401K PLAN 401k Plan overview

Plan NamePROGRESSIVE COMMERCIAL AQUATICS INC 401K PLAN
Plan identification number 001

PROGRESSIVE COMMERCIAL AQUATICS INC 401K PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PROGRESSIVE COMMERICAL AQUATICS INC has sponsored the creation of one or more 401k plans.

Company Name:PROGRESSIVE COMMERICAL AQUATICS INC
Employer identification number (EIN):760202156
NAIC Classification:238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROGRESSIVE COMMERCIAL AQUATICS INC 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01RUSSEL LETO2024-09-13
0012023-01-01RUSSELL LETO2024-09-06
0012022-01-01RUSSELL LETO2023-10-12
0012021-01-01RUSSELL LETO2022-10-07
0012021-01-01RUSSELL LETO2023-10-11
0012020-01-01RUSSELL LETO2021-07-16
0012019-01-01RUSSELL LETO2020-07-23
0012018-01-01J. CHRIS DAVIS2019-06-05
0012017-01-01J. CHRIS DAVIS2018-06-27
0012016-01-01SCOTT BUDNIK2017-07-10
0012015-01-01SCOTT BUDNIK2016-08-24
0012014-01-01SCOTT BUDNIK2015-07-20
0012013-01-01CAROLDENE CAHILL2014-07-10 CAROLDENE CAHILL2014-07-10
0012012-01-01NOLA ASH2013-05-15
0012011-01-01NOLA ASH2012-03-09 NOLA ASH2012-03-09

Plan Statistics for PROGRESSIVE COMMERCIAL AQUATICS INC 401K PLAN

401k plan membership statisitcs for PROGRESSIVE COMMERCIAL AQUATICS INC 401K PLAN

Measure Date Value
2024: PROGRESSIVE COMMERCIAL AQUATICS INC 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-1369
Total number of particpants at end of year2024-09-130
Number of Participants With Account Balances2024-09-130
Total number of particpants at beginning of year2024-09-0668
Total number of particpants at end of year2024-09-0669
Number of Participants With Account Balances2024-09-0634

Financial Data on PROGRESSIVE COMMERCIAL AQUATICS INC 401K PLAN

Measure Date Value
2024 : PROGRESSIVE COMMERCIAL AQUATICS INC 401K PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-09-13-2506409
Total expenses incurred by plan in this plan year2024-09-131494944
Net assets as of the end of the plan year2024-09-130
Total assets as of the beginning of the plan year2024-09-133759554
Value of plan covered by a fidelity bond2024-09-13500000
Participant contributions to plan in this plan year2024-09-1318667
Value of participant loans at end of plan year2024-09-130
Other income to plan in this plan year2024-09-13213306
Plan net income in this plan year2024-09-13-1253145
Net assets as of the end of the plan year2024-09-130
Net assets as of the beginning of the plan year2024-09-133759554
Employer contributions to plan in this plan year2024-09-139826
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-13363
Total expenses incurred by plan in this plan year2024-09-06904116
Net assets as of the end of the plan year2024-09-063759554
Total assets as of the beginning of the plan year2024-09-063786598
Value of plan covered by a fidelity bond2024-09-06500000
Participant contributions to plan in this plan year2024-09-06186532
Value of participant loans at end of plan year2024-09-06941
Other contributions to plan in this plan year2024-09-060
Other income to plan in this plan year2024-09-06612178
Plan net income in this plan year2024-09-06-27044
Net assets as of the end of the plan year2024-09-063759554
Net assets as of the beginning of the plan year2024-09-063786598
Employer contributions to plan in this plan year2024-09-0678362
Fees paid to broker by Benefit Provider2024-09-0616649
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-06724

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