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PROGRESSIVE BUILDING SUPPLY 401K 401k Plan overview

Plan NamePROGRESSIVE BUILDING SUPPLY 401K
Plan identification number 001

PROGRESSIVE BUILDING SUPPLY 401K Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • 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.

401k Sponsoring company profile

PROGRESSIVE BUILDING SUPPLY LLC has sponsored the creation of one or more 401k plans.

Company Name:PROGRESSIVE BUILDING SUPPLY LLC
Employer identification number (EIN):920565640
NAIC Classification:423300

Additional information about PROGRESSIVE BUILDING SUPPLY LLC

Jurisdiction of Incorporation: Ohio Secretary of State Business Services Division
Incorporation Date: 2012-04-06
Company Identification Number: 2097106
Legal Registered Office Address: 1301 E. 9TH STREET - #3330
-
CLEVELAND
United States of America (USA)
44114

More information about PROGRESSIVE BUILDING SUPPLY LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROGRESSIVE BUILDING SUPPLY 401K

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01KIM LINDAU2024-08-01
0012022-01-01KIM LINDAU2023-06-21

Plan Statistics for PROGRESSIVE BUILDING SUPPLY 401K

401k plan membership statisitcs for PROGRESSIVE BUILDING SUPPLY 401K

Measure Date Value
2025: PROGRESSIVE BUILDING SUPPLY 401K 2025 401k membership
Total number of particpants at beginning of year2025-10-0514
Total number of particpants at end of year2025-10-0518
Number of Participants With Account Balances2025-10-0514
2024: PROGRESSIVE BUILDING SUPPLY 401K 2024 401k membership
Total number of particpants at beginning of year2024-08-016
Total number of particpants at end of year2024-08-0114
Number of Participants With Account Balances2024-08-017

Financial Data on PROGRESSIVE BUILDING SUPPLY 401K

Measure Date Value
2025 : PROGRESSIVE BUILDING SUPPLY 401K 2025 401k financial data
Total liabilities as of the end of the plan year2025-10-050
Total liabilities as of the beginning of the plan year2025-10-050
Total expenses incurred by plan in this plan year2025-10-051703
Net assets as of the end of the plan year2025-10-05280818
Total assets as of the beginning of the plan year2025-10-05134005
Value of plan covered by a fidelity bond2025-10-0514000
Participant contributions to plan in this plan year2025-10-0571336
Other contributions to plan in this plan year2025-10-0513712
Other income to plan in this plan year2025-10-0533614
Plan net income in this plan year2025-10-05146813
Net assets as of the end of the plan year2025-10-05280818
Net assets as of the beginning of the plan year2025-10-05134005
Employer contributions to plan in this plan year2025-10-0529854
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-051703
2024 : PROGRESSIVE BUILDING SUPPLY 401K 2024 401k financial data
Total expenses incurred by plan in this plan year2024-08-01398
Net assets as of the end of the plan year2024-08-01134005
Total assets as of the beginning of the plan year2024-08-0166125
Value of plan covered by a fidelity bond2024-08-017000
Participant contributions to plan in this plan year2024-08-0135381
Other contributions to plan in this plan year2024-08-013143
Other income to plan in this plan year2024-08-0116297
Plan net income in this plan year2024-08-0167880
Net assets as of the end of the plan year2024-08-01134005
Net assets as of the beginning of the plan year2024-08-0166125
Employer contributions to plan in this plan year2024-08-0113457
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-01398

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