Progressive Mechanical Inc.
Plan context: Progressive Mechanical Inc. 401(K) Profit Sharing Plan & Trust
EIN 20-5056157 • Clawson, MI • 20 filings • 2 plans
Current Snapshot
Latest Year
2024
2024 Participants
61
2024 Assets
$12,367,523
2024 Contributions
$2,338,209
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 2 | 61 | $12,367,523 | $2,338,209 | $38,331iApproximate average salary by contribution assumption: employee only about $958,282 at 4% or $638,855 at 6%; with 50% employer match about $638,855 at 4% or $425,903 at 6%; with 100% employer match about $479,141 at 4% or $319,427 at 6%. |
| Progressive Mechanical Inc. 401(K) Profit Sharing Plan & Trust | - | 61 | $9,756,125 | $1,352,038 | $22,165iApproximate average salary by contribution assumption: employee only about $554,114 at 4% or $369,409 at 6%; with 50% employer match about $369,409 at 4% or $246,273 at 6%; with 100% employer match about $277,057 at 4% or $184,705 at 6%. |
| Progressive Mechanical Inc. Pension Plan | - | 41 | $2,611,398 | $986,171 | $24,053iApproximate average salary by contribution assumption: employee only about $601,324 at 4% or $400,883 at 6%; with 50% employer match about $400,883 at 4% or $267,255 at 6%; with 100% employer match about $300,662 at 4% or $200,441 at 6%. |
| 2023 | 2 | 48 | $9,245,239 | $1,467,902 | $30,581iApproximate average salary by contribution assumption: employee only about $764,532 at 4% or $509,688 at 6%; with 50% employer match about $509,688 at 4% or $339,792 at 6%; with 100% employer match about $382,266 at 4% or $254,844 at 6%. |
| Progressive Mechanical Inc. 401(K) Profit Sharing Plan & Trust | - | 48 | $7,622,520 | $1,046,902 | $21,810iApproximate average salary by contribution assumption: employee only about $545,261 at 4% or $363,508 at 6%; with 50% employer match about $363,508 at 4% or $242,338 at 6%; with 100% employer match about $272,631 at 4% or $181,754 at 6%. |
| Progressive Mechanical Inc. Pension Plan | - | 32 | $1,622,719 | $421,000 | $13,156iApproximate average salary by contribution assumption: employee only about $328,906 at 4% or $219,271 at 6%; with 50% employer match about $219,271 at 4% or $146,181 at 6%; with 100% employer match about $164,453 at 4% or $109,635 at 6%. |
| 2022 | 2 | 40 | $6,752,671 | $1,797,001 | $44,925iApproximate average salary by contribution assumption: employee only about $1,123,126 at 4% or $748,750 at 6%; with 50% employer match about $748,750 at 4% or $499,167 at 6%; with 100% employer match about $561,563 at 4% or $374,375 at 6%. |
| Progressive Mechanical Inc. 401(K) Profit Sharing Plan & Trust | - | 40 | $5,635,983 | $1,309,871 | $32,747iApproximate average salary by contribution assumption: employee only about $818,669 at 4% or $545,780 at 6%; with 50% employer match about $545,780 at 4% or $363,853 at 6%; with 100% employer match about $409,335 at 4% or $272,890 at 6%. |
| Progressive Mechanical Inc. Pension Plan | - | 29 | $1,116,688 | $487,130 | $16,798iApproximate average salary by contribution assumption: employee only about $419,940 at 4% or $279,960 at 6%; with 50% employer match about $279,960 at 4% or $186,640 at 6%; with 100% employer match about $209,970 at 4% or $139,980 at 6%. |
| 2021 | 2 | 39 | $6,070,933 | $1,108,224 | $28,416iApproximate average salary by contribution assumption: employee only about $710,400 at 4% or $473,600 at 6%; with 50% employer match about $473,600 at 4% or $315,733 at 6%; with 100% employer match about $355,200 at 4% or $236,800 at 6%. |
| Progressive Mechanical Inc. 401(K) Profit Sharing Plan & Trust | - | 39 | $5,346,104 | $740,724 | $18,993iApproximate average salary by contribution assumption: employee only about $474,823 at 4% or $316,549 at 6%; with 50% employer match about $316,549 at 4% or $211,032 at 6%; with 100% employer match about $237,412 at 4% or $158,274 at 6%. |
| Progressive Mechanical Inc. Pension Plan | - | 30 | $724,829 | $367,500 | $12,250iApproximate average salary by contribution assumption: employee only about $306,250 at 4% or $204,167 at 6%; with 50% employer match about $204,167 at 4% or $136,111 at 6%; with 100% employer match about $153,125 at 4% or $102,083 at 6%. |
| 2020 | 2 | 40 | $4,762,149 | $1,083,548 | $27,089iApproximate average salary by contribution assumption: employee only about $677,218 at 4% or $451,478 at 6%; with 50% employer match about $451,478 at 4% or $300,986 at 6%; with 100% employer match about $338,609 at 4% or $225,739 at 6%. |
| Progressive Mechanical Inc. 401(K) Profit Sharing Plan & Trust | - | 40 | $4,401,087 | $725,667 | $18,142iApproximate average salary by contribution assumption: employee only about $453,542 at 4% or $302,361 at 6%; with 50% employer match about $302,361 at 4% or $201,574 at 6%; with 100% employer match about $226,771 at 4% or $151,181 at 6%. |
| Progressive Mechanical Inc. Pension Plan | - | 28 | $361,062 | $357,881 | $12,781iApproximate average salary by contribution assumption: employee only about $319,537 at 4% or $213,024 at 6%; with 50% employer match about $213,024 at 4% or $142,016 at 6%; with 100% employer match about $159,768 at 4% or $106,512 at 6%. |
| 2019 | 1 | 34 | $3,068,099 | $642,276 | $18,890iApproximate average salary by contribution assumption: employee only about $472,262 at 4% or $314,841 at 6%; with 50% employer match about $314,841 at 4% or $209,894 at 6%; with 100% employer match about $236,131 at 4% or $157,421 at 6%. |
| Progressive Mechanical Inc. 401(K) Profit Sharing Plan & Trust | - | 34 | $3,068,099 | $642,276 | $18,890iApproximate average salary by contribution assumption: employee only about $472,262 at 4% or $314,841 at 6%; with 50% employer match about $314,841 at 4% or $209,894 at 6%; with 100% employer match about $236,131 at 4% or $157,421 at 6%. |
| 2018 | 1 | 31 | $2,002,851 | $515,183 | $16,619iApproximate average salary by contribution assumption: employee only about $415,470 at 4% or $276,980 at 6%; with 50% employer match about $276,980 at 4% or $184,653 at 6%; with 100% employer match about $207,735 at 4% or $138,490 at 6%. |
| Progressive Mechanical Inc. 401(K) Profit Sharing Plan & Trust | - | 31 | $2,002,851 | $515,183 | $16,619iApproximate average salary by contribution assumption: employee only about $415,470 at 4% or $276,980 at 6%; with 50% employer match about $276,980 at 4% or $184,653 at 6%; with 100% employer match about $207,735 at 4% or $138,490 at 6%. |
| 2017 | 1 | 28 | $1,625,255 | $429,121 | $15,326iApproximate average salary by contribution assumption: employee only about $383,144 at 4% or $255,429 at 6%; with 50% employer match about $255,429 at 4% or $170,286 at 6%; with 100% employer match about $191,572 at 4% or $127,715 at 6%. |
| Progressive Mechanical Inc. 401(K) Profit Sharing Plan & Trust | - | 28 | $1,625,255 | $429,121 | $15,326iApproximate average salary by contribution assumption: employee only about $383,144 at 4% or $255,429 at 6%; with 50% employer match about $255,429 at 4% or $170,286 at 6%; with 100% employer match about $191,572 at 4% or $127,715 at 6%. |
| 2016 | 1 | 24 | $1,045,930 | $340,824 | $14,201iApproximate average salary by contribution assumption: employee only about $355,025 at 4% or $236,683 at 6%; with 50% employer match about $236,683 at 4% or $157,789 at 6%; with 100% employer match about $177,513 at 4% or $118,342 at 6%. |
| Progressive Mechanical Inc. 401(K) Profit Sharing Plan & Trust | - | 24 | $1,045,930 | $340,824 | $14,201iApproximate average salary by contribution assumption: employee only about $355,025 at 4% or $236,683 at 6%; with 50% employer match about $236,683 at 4% or $157,789 at 6%; with 100% employer match about $177,513 at 4% or $118,342 at 6%. |
| 2015 | 1 | 19 | $664,623 | $220,200 | $11,589iApproximate average salary by contribution assumption: employee only about $289,737 at 4% or $193,158 at 6%; with 50% employer match about $193,158 at 4% or $128,772 at 6%; with 100% employer match about $144,868 at 4% or $96,579 at 6%. |
| Progressive Mechanical Inc. 401(K) Profit Sharing Plan & Trust | - | 19 | $664,623 | $220,200 | $11,589iApproximate average salary by contribution assumption: employee only about $289,737 at 4% or $193,158 at 6%; with 50% employer match about $193,158 at 4% or $128,772 at 6%; with 100% employer match about $144,868 at 4% or $96,579 at 6%. |
| 2014 | 1 | 13 | $491,712 | $180,424 | $13,879iApproximate average salary by contribution assumption: employee only about $346,969 at 4% or $231,313 at 6%; with 50% employer match about $231,313 at 4% or $154,209 at 6%; with 100% employer match about $173,485 at 4% or $115,656 at 6%. |
| Progressive Mechanical Inc. 401(K) Profit Sharing Plan & Trust | - | 13 | $491,712 | $180,424 | $13,879iApproximate average salary by contribution assumption: employee only about $346,969 at 4% or $231,313 at 6%; with 50% employer match about $231,313 at 4% or $154,209 at 6%; with 100% employer match about $173,485 at 4% or $115,656 at 6%. |
| 2013 | 1 | 6 | $303,318 | $125,465 | $20,911iApproximate average salary by contribution assumption: employee only about $522,771 at 4% or $348,514 at 6%; with 50% employer match about $348,514 at 4% or $232,343 at 6%; with 100% employer match about $261,385 at 4% or $174,257 at 6%. |
| Progressive Mechanical Inc. 401(K) Profit Sharing Plan & Trust | - | 6 | $303,318 | $125,465 | $20,911iApproximate average salary by contribution assumption: employee only about $522,771 at 4% or $348,514 at 6%; with 50% employer match about $348,514 at 4% or $232,343 at 6%; with 100% employer match about $261,385 at 4% or $174,257 at 6%. |
| 2012 | 1 | 5 | $169,933 | $103,629 | $20,726iApproximate average salary by contribution assumption: employee only about $518,145 at 4% or $345,430 at 6%; with 50% employer match about $345,430 at 4% or $230,287 at 6%; with 100% employer match about $259,073 at 4% or $172,715 at 6%. |
| Progressive Mechanical Inc. 401(K) Profit Sharing Plan & Trust | - | 5 | $169,933 | $103,629 | $20,726iApproximate average salary by contribution assumption: employee only about $518,145 at 4% or $345,430 at 6%; with 50% employer match about $345,430 at 4% or $230,287 at 6%; with 100% employer match about $259,073 at 4% or $172,715 at 6%. |
| 2011 | 1 | 4 | $61,761 | $40,203 | $10,051iApproximate average salary by contribution assumption: employee only about $251,269 at 4% or $167,513 at 6%; with 50% employer match about $167,513 at 4% or $111,675 at 6%; with 100% employer match about $125,634 at 4% or $83,756 at 6%. |
| Progressive Mechanical Inc. 401(K) Profit Sharing Plan & Trust | - | 4 | $61,761 | $40,203 | $10,051iApproximate average salary by contribution assumption: employee only about $251,269 at 4% or $167,513 at 6%; with 50% employer match about $167,513 at 4% or $111,675 at 6%; with 100% employer match about $125,634 at 4% or $83,756 at 6%. |
| 2010 | 1 | 5 | $26,561 | $26,127 | $5,225iApproximate average salary by contribution assumption: employee only about $130,635 at 4% or $87,090 at 6%; with 50% employer match about $87,090 at 4% or $58,060 at 6%; with 100% employer match about $65,317 at 4% or $43,545 at 6%. |
| Progressive Mechanical Inc. 401(K) Profit Sharing Plan & Trust | - | 5 | $26,561 | $26,127 | $5,225iApproximate average salary by contribution assumption: employee only about $130,635 at 4% or $87,090 at 6%; with 50% employer match about $87,090 at 4% or $58,060 at 6%; with 100% employer match about $65,317 at 4% or $43,545 at 6%. |