PROGRESSIVE ELECTRIC INC.
Plan context: PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN
EIN 22-2759477 • East Hanover, NJ • 42 filings • 4 plans
Current Snapshot
Latest Year
2023
2023 Participants
3
2023 Assets
$1,387,698
2023 Contributions
$10,000
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 |
|---|---|---|---|---|---|
| 2023 | 1 | 3 | $1,387,698 | $10,000 | $3,333iApproximate average salary by contribution assumption: employee only about $83,333 at 4% or $55,556 at 6%; with 50% employer match about $55,556 at 4% or $37,037 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%. |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 3 | $1,387,698 | $10,000 | $3,333iApproximate average salary by contribution assumption: employee only about $83,333 at 4% or $55,556 at 6%; with 50% employer match about $55,556 at 4% or $37,037 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%. |
| 2022 | 1 | 3 | $1,189,889 | $30,000 | $10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%. |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 3 | $1,189,889 | $30,000 | $10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%. |
| 2021 | 1 | 3 | $1,095,891 | $10,000 | $3,333iApproximate average salary by contribution assumption: employee only about $83,333 at 4% or $55,556 at 6%; with 50% employer match about $55,556 at 4% or $37,037 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%. |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 3 | $1,095,891 | $10,000 | $3,333iApproximate average salary by contribution assumption: employee only about $83,333 at 4% or $55,556 at 6%; with 50% employer match about $55,556 at 4% or $37,037 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%. |
| 2020 | 1 | 3 | $1,220,892 | $0 | - |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 3 | $1,220,892 | - | - |
| 2019 | 2 | 3 | $1,096,163 | $0 | - |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 3 | $1,096,163 | - | - |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 0 | $0 | $0 | - |
| 2018 | 2 | 3 | $2,038,771 | $15,000 | $5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%. |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 3 | $1,054,565 | $0 | - |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 3 | $984,206 | $15,000 | $5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%. |
| 2017 | 2 | 3 | $1,886,272 | $24,541 | $8,180iApproximate average salary by contribution assumption: employee only about $204,508 at 4% or $136,339 at 6%; with 50% employer match about $136,339 at 4% or $90,893 at 6%; with 100% employer match about $102,254 at 4% or $68,169 at 6%. |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 3 | $1,000,553 | $0 | - |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 3 | $885,719 | $24,541 | $8,180iApproximate average salary by contribution assumption: employee only about $204,508 at 4% or $136,339 at 6%; with 50% employer match about $136,339 at 4% or $90,893 at 6%; with 100% employer match about $102,254 at 4% or $68,169 at 6%. |
| 2016 | 2 | 3 | $1,676,378 | $23,576 | $7,859iApproximate average salary by contribution assumption: employee only about $196,467 at 4% or $130,978 at 6%; with 50% employer match about $130,978 at 4% or $87,319 at 6%; with 100% employer match about $98,233 at 4% or $65,489 at 6%. |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 3 | $892,480 | $23,576 | $7,859iApproximate average salary by contribution assumption: employee only about $196,467 at 4% or $130,978 at 6%; with 50% employer match about $130,978 at 4% or $87,319 at 6%; with 100% employer match about $98,233 at 4% or $65,489 at 6%. |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 3 | $783,898 | - | - |
| 2015 | 2 | 3 | $1,476,573 | $0 | - |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 3 | $850,369 | $0 | - |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 3 | $626,204 | - | - |
| 2014 | 2 | 3 | $1,410,157 | $0 | - |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 3 | $797,278 | $0 | - |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 3 | $612,879 | $0 | - |
| 2013 | 2 | 3 | $1,500,022 | $90,148 | $30,049iApproximate average salary by contribution assumption: employee only about $751,233 at 4% or $500,822 at 6%; with 50% employer match about $500,822 at 4% or $333,881 at 6%; with 100% employer match about $375,617 at 4% or $250,411 at 6%. |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 3 | $823,419 | $10,148 | $3,383iApproximate average salary by contribution assumption: employee only about $84,567 at 4% or $56,378 at 6%; with 50% employer match about $56,378 at 4% or $37,585 at 6%; with 100% employer match about $42,283 at 4% or $28,189 at 6%. |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 3 | $676,603 | $80,000 | $26,667iApproximate average salary by contribution assumption: employee only about $666,667 at 4% or $444,444 at 6%; with 50% employer match about $444,444 at 4% or $296,296 at 6%; with 100% employer match about $333,333 at 4% or $222,222 at 6%. |
| 2012 | 2 | 3 | $1,373,344 | $28,782 | $9,594iApproximate average salary by contribution assumption: employee only about $239,850 at 4% or $159,900 at 6%; with 50% employer match about $159,900 at 4% or $106,600 at 6%; with 100% employer match about $119,925 at 4% or $79,950 at 6%. |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 3 | $797,401 | - | - |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 3 | $575,943 | $28,782 | $9,594iApproximate average salary by contribution assumption: employee only about $239,850 at 4% or $159,900 at 6%; with 50% employer match about $159,900 at 4% or $106,600 at 6%; with 100% employer match about $119,925 at 4% or $79,950 at 6%. |
| 2011 | 2 | 4 | $1,260,353 | $10,000 | $2,500iApproximate average salary by contribution assumption: employee only about $62,500 at 4% or $41,667 at 6%; with 50% employer match about $41,667 at 4% or $27,778 at 6%; with 100% employer match about $31,250 at 4% or $20,833 at 6%. |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 3 | $690,228 | - | - |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 4 | $570,125 | $10,000 | $2,500iApproximate average salary by contribution assumption: employee only about $62,500 at 4% or $41,667 at 6%; with 50% employer match about $41,667 at 4% or $27,778 at 6%; with 100% employer match about $31,250 at 4% or $20,833 at 6%. |
| 2010 | 2 | 4 | $1,140,257 | $0 | - |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 4 | $627,304 | - | - |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 4 | $512,953 | - | - |
| 2009 | 2 | 4 | $1,174,205 | $104,090 | $26,023iApproximate average salary by contribution assumption: employee only about $650,563 at 4% or $433,708 at 6%; with 50% employer match about $433,708 at 4% or $289,139 at 6%; with 100% employer match about $325,281 at 4% or $216,854 at 6%. |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 4 | $656,752 | $57,196 | $14,299iApproximate average salary by contribution assumption: employee only about $357,475 at 4% or $238,317 at 6%; with 50% employer match about $238,317 at 4% or $158,878 at 6%; with 100% employer match about $178,738 at 4% or $119,158 at 6%. |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 4 | $517,453 | $46,894 | $11,724iApproximate average salary by contribution assumption: employee only about $293,088 at 4% or $195,392 at 6%; with 50% employer match about $195,392 at 4% or $130,261 at 6%; with 100% employer match about $146,544 at 4% or $97,696 at 6%. |
| 2007 | 2 | 4 | $0 | $0 | - |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 4 | - | - | - |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 4 | - | - | - |
| 2006 | 2 | 4 | $1,048,552 | $82,903 | $20,726iApproximate average salary by contribution assumption: employee only about $518,144 at 4% or $345,429 at 6%; with 50% employer match about $345,429 at 4% or $230,286 at 6%; with 100% employer match about $259,072 at 4% or $172,715 at 6%. |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 4 | $563,237 | $77,847 | $19,462iApproximate average salary by contribution assumption: employee only about $486,544 at 4% or $324,363 at 6%; with 50% employer match about $324,363 at 4% or $216,242 at 6%; with 100% employer match about $243,272 at 4% or $162,181 at 6%. |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 4 | $485,315 | $5,056 | $1,264iApproximate average salary by contribution assumption: employee only about $31,600 at 4% or $21,067 at 6%; with 50% employer match about $21,067 at 4% or $14,044 at 6%; with 100% employer match about $15,800 at 4% or $10,533 at 6%. |
| 2005 | 2 | 3 | $0 | $0 | - |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 3 | - | - | - |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 3 | - | - | - |
| 2004 | 2 | 3 | $0 | $0 | - |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 3 | - | - | - |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 2 | - | - | - |
| 2003 | 2 | 3 | $0 | $0 | - |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 3 | - | - | - |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 2 | - | - | - |
| 2002 | 2 | 2 | $0 | $0 | - |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 2 | - | - | - |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 2 | - | - | - |
| 2001 | 2 | 2 | $0 | $0 | - |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 2 | - | - | - |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 2 | - | - | - |
| 2000 | 2 | 2 | $0 | $0 | - |
| Progressive Electric Co. Inc. Defined Benefit Plan | - | 2 | - | - | - |
| PROGRESSIVE ELECTRIC INC. RETIREMENT PLAN | - | 2 | - | - | - |