Progressive Fastening Systems Inc.
Plan context: Progressive Fastening Systems Inc. Profit Sharing Plan
EIN 33-0491361 • Carrollton, TX • 21 filings • 4 plans
Current Snapshot
Latest Year
2024
2024 Participants
30
2024 Assets
$80,473
2024 Contributions
$77,661
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 | 1 | 30 | $80,473 | $77,661 | $2,589iApproximate average salary by contribution assumption: employee only about $64,717 at 4% or $43,145 at 6%; with 50% employer match about $43,145 at 4% or $28,763 at 6%; with 100% employer match about $32,359 at 4% or $21,573 at 6%. |
| Progressive Fastening Systems Inc. Profit Sharing Plan | - | 30 | $80,473 | $77,661 | $2,589iApproximate average salary by contribution assumption: employee only about $64,717 at 4% or $43,145 at 6%; with 50% employer match about $43,145 at 4% or $28,763 at 6%; with 100% employer match about $32,359 at 4% or $21,573 at 6%. |
| 2020 | 1 | 0 | $0 | $0 | - |
| PROGRESSIVE FASTENING SYSTEMS, INC. CASH BALANCE PLAN | - | 0 | $0 | - | - |
| 2019 | 2 | 22 | $1,687,324 | $53,215 | $2,419iApproximate average salary by contribution assumption: employee only about $60,472 at 4% or $40,314 at 6%; with 50% employer match about $40,314 at 4% or $26,876 at 6%; with 100% employer match about $30,236 at 4% or $20,157 at 6%. |
| PROGRESSIVE FASTENING SYSTEMS, INC. CASH BALANCE PLAN | - | 22 | $1,687,324 | $0 | - |
| PROGRESSIVE FASTENING SYSTEMS, INC. PROFIT SHARING PLAN | - | 0 | $0 | $53,215 | - |
| 2018 | 2 | 23 | $2,574,887 | $449,799 | $19,556iApproximate average salary by contribution assumption: employee only about $488,912 at 4% or $325,941 at 6%; with 50% employer match about $325,941 at 4% or $217,294 at 6%; with 100% employer match about $244,456 at 4% or $162,971 at 6%. |
| PROGRESSIVE FASTENING SYSTEMS, INC. CASH BALANCE PLAN | - | 21 | $1,760,900 | $289,000 | $13,762iApproximate average salary by contribution assumption: employee only about $344,048 at 4% or $229,365 at 6%; with 50% employer match about $229,365 at 4% or $152,910 at 6%; with 100% employer match about $172,024 at 4% or $114,683 at 6%. |
| PROGRESSIVE FASTENING SYSTEMS, INC. PROFIT SHARING PLAN | - | 23 | $813,987 | $160,799 | $6,991iApproximate average salary by contribution assumption: employee only about $174,782 at 4% or $116,521 at 6%; with 50% employer match about $116,521 at 4% or $77,681 at 6%; with 100% employer match about $87,391 at 4% or $58,261 at 6%. |
| 2017 | 2 | 21 | $2,298,310 | $449,000 | $21,381iApproximate average salary by contribution assumption: employee only about $534,524 at 4% or $356,349 at 6%; with 50% employer match about $356,349 at 4% or $237,566 at 6%; with 100% employer match about $267,262 at 4% or $178,175 at 6%. |
| PROGRESSIVE FASTENING SYSTEMS, INC. CASH BALANCE PLAN | - | 19 | $1,602,836 | $300,000 | $15,789iApproximate average salary by contribution assumption: employee only about $394,737 at 4% or $263,158 at 6%; with 50% employer match about $263,158 at 4% or $175,439 at 6%; with 100% employer match about $197,368 at 4% or $131,579 at 6%. |
| PROGRESSIVE FASTENING SYSTEMS, INC. PROFIT SHARING PLAN | - | 21 | $695,474 | $149,000 | $7,095iApproximate average salary by contribution assumption: employee only about $177,381 at 4% or $118,254 at 6%; with 50% employer match about $118,254 at 4% or $78,836 at 6%; with 100% employer match about $88,690 at 4% or $59,127 at 6%. |
| 2016 | 2 | 20 | $1,646,717 | $475,327 | $23,766iApproximate average salary by contribution assumption: employee only about $594,159 at 4% or $396,106 at 6%; with 50% employer match about $396,106 at 4% or $264,071 at 6%; with 100% employer match about $297,079 at 4% or $198,053 at 6%. |
| PROGRESSIVE FASTENING SYSTEMS, INC. CASH BALANCE PLAN | - | 20 | $1,149,634 | $328,800 | $16,440iApproximate average salary by contribution assumption: employee only about $411,000 at 4% or $274,000 at 6%; with 50% employer match about $274,000 at 4% or $182,667 at 6%; with 100% employer match about $205,500 at 4% or $137,000 at 6%. |
| PROGRESSIVE FASTENING SYSTEMS, INC. PROFIT SHARING PLAN | - | 20 | $497,083 | $146,527 | $7,326iApproximate average salary by contribution assumption: employee only about $183,159 at 4% or $122,106 at 6%; with 50% employer match about $122,106 at 4% or $81,404 at 6%; with 100% employer match about $91,579 at 4% or $61,053 at 6%. |
| 2015 | 2 | 15 | $1,123,114 | $300,947 | $20,063iApproximate average salary by contribution assumption: employee only about $501,578 at 4% or $334,386 at 6%; with 50% employer match about $334,386 at 4% or $222,924 at 6%; with 100% employer match about $250,789 at 4% or $167,193 at 6%. |
| PROGRESSIVE FASTENING SYSTEMS, INC. CASH BALANCE PLAN | - | 15 | $783,527 | $198,675 | $13,245iApproximate average salary by contribution assumption: employee only about $331,125 at 4% or $220,750 at 6%; with 50% employer match about $220,750 at 4% or $147,167 at 6%; with 100% employer match about $165,563 at 4% or $110,375 at 6%. |
| PROGRESSIVE FASTENING SYSTEMS, INC. PROFIT SHARING PLAN | - | 15 | $339,587 | $102,272 | $6,818iApproximate average salary by contribution assumption: employee only about $170,453 at 4% or $113,636 at 6%; with 50% employer match about $113,636 at 4% or $75,757 at 6%; with 100% employer match about $85,227 at 4% or $56,818 at 6%. |
| 2014 | 2 | 15 | $860,779 | $296,461 | $19,764iApproximate average salary by contribution assumption: employee only about $494,102 at 4% or $329,401 at 6%; with 50% employer match about $329,401 at 4% or $219,601 at 6%; with 100% employer match about $247,051 at 4% or $164,701 at 6%. |
| PROGRESSIVE FASTENING SYSTEMS, INC. CASH BALANCE PLAN | - | 15 | $611,134 | $197,375 | $13,158iApproximate average salary by contribution assumption: employee only about $328,958 at 4% or $219,306 at 6%; with 50% employer match about $219,306 at 4% or $146,204 at 6%; with 100% employer match about $164,479 at 4% or $109,653 at 6%. |
| PROGRESSIVE FASTENING SYSTEMS, INC. PROFIT SHARING PLAN | - | 15 | $249,645 | $99,086 | $6,606iApproximate average salary by contribution assumption: employee only about $165,143 at 4% or $110,096 at 6%; with 50% employer match about $110,096 at 4% or $73,397 at 6%; with 100% employer match about $82,572 at 4% or $55,048 at 6%. |
| 2013 | 2 | 10 | $544,786 | $284,160 | $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 FASTENING SYSTEMS, INC. CASH BALANCE PLAN | - | 10 | $401,960 | $213,000 | $21,300iApproximate average salary by contribution assumption: employee only about $532,500 at 4% or $355,000 at 6%; with 50% employer match about $355,000 at 4% or $236,667 at 6%; with 100% employer match about $266,250 at 4% or $177,500 at 6%. |
| PROGRESSIVE FASTENING SYSTEMS, INC. PROFIT SHARING PLAN | - | 10 | $142,826 | $71,160 | $7,116iApproximate average salary by contribution assumption: employee only about $177,900 at 4% or $118,600 at 6%; with 50% employer match about $118,600 at 4% or $79,067 at 6%; with 100% employer match about $88,950 at 4% or $59,300 at 6%. |
| 2012 | 2 | 10 | $248,377 | $248,377 | $24,838iApproximate average salary by contribution assumption: employee only about $620,943 at 4% or $413,962 at 6%; with 50% employer match about $413,962 at 4% or $275,974 at 6%; with 100% employer match about $310,471 at 4% or $206,981 at 6%. |
| PROGRESSIVE FASTENING SYSTEMS, INC. CASH BALANCE PLAN | - | 10 | $181,000 | $181,000 | $18,100iApproximate average salary by contribution assumption: employee only about $452,500 at 4% or $301,667 at 6%; with 50% employer match about $301,667 at 4% or $201,111 at 6%; with 100% employer match about $226,250 at 4% or $150,833 at 6%. |
| PROGRESSIVE FASTENING SYSTEMS, INC. PROFIT SHARING PLAN | - | 10 | $67,377 | $67,377 | $6,738iApproximate average salary by contribution assumption: employee only about $168,443 at 4% or $112,295 at 6%; with 50% employer match about $112,295 at 4% or $74,863 at 6%; with 100% employer match about $84,221 at 4% or $56,148 at 6%. |
| 2002 | 1 | 0 | $0 | $0 | - |
| Progressive Fastening Systems Inc. Profit Sharing Plan | - | 0 | - | - | - |
| 2000 | 1 | 7 | $0 | $0 | - |
| Progressive Fastening Systems Inc. Profit Sharing Plan | - | 7 | - | - | - |
| 1999 | 1 | 8 | $289,945 | $0 | - |
| Progressive Fastening Systems Inc. Profit Sharing Plan | - | 8 | $289,945 | - | - |