Civic Intelligence

Progressive Packaging Corporation

Plan context: Progressive Packaging Corporation 401(K) Profit Sharing Plan

EIN 36-4451481 • Lombard, IL • 25 filings • 3 plans

555 East Butterfield Road Suite 209Lombard, IL 60148
Current Snapshot

Latest Year

2024

2024 Participants

4

2024 Assets

$4,849,571

2024 Contributions

$3,490,670

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$4,849,571$2,424,786$0200920162023YearValue
$4,849,571Latest year 2023

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

420200920162023YearValue
4Latest year 2023

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 / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202410$0$0-
PROGRESSIVE PACKAGING CORPORATION CASH BALANCE PLAN-0$0$0-
202324$4,849,571$3,490,670$872,668iApproximate average salary by contribution assumption: employee only about $21,816,688 at 4% or $14,544,458 at 6%; with 50% employer match about $14,544,458 at 4% or $9,696,306 at 6%; with 100% employer match about $10,908,344 at 4% or $7,272,229 at 6%.
Progressive Packaging Corporation 401(K) Profit Sharing Plan-4$4,848,546$3,490,670$872,668iApproximate average salary by contribution assumption: employee only about $21,816,688 at 4% or $14,544,458 at 6%; with 50% employer match about $14,544,458 at 4% or $9,696,306 at 6%; with 100% employer match about $10,908,344 at 4% or $7,272,229 at 6%.
PROGRESSIVE PACKAGING CORPORATION CASH BALANCE PLAN-0$1,025--
202224$4,381,272$806,883$201,721iApproximate average salary by contribution assumption: employee only about $5,043,019 at 4% or $3,362,013 at 6%; with 50% employer match about $3,362,013 at 4% or $2,241,342 at 6%; with 100% employer match about $2,521,509 at 4% or $1,681,006 at 6%.
PROGRESSIVE PACKAGING CORPORATION CASH BALANCE PLAN-4$2,778,495$700,173$175,043iApproximate average salary by contribution assumption: employee only about $4,376,081 at 4% or $2,917,388 at 6%; with 50% employer match about $2,917,388 at 4% or $1,944,925 at 6%; with 100% employer match about $2,188,041 at 4% or $1,458,694 at 6%.
Progressive Packaging Corporation 401(K) Profit Sharing Plan-4$1,602,777$106,710$26,678iApproximate average salary by contribution assumption: employee only about $666,938 at 4% or $444,625 at 6%; with 50% employer match about $444,625 at 4% or $296,417 at 6%; with 100% employer match about $333,469 at 4% or $222,313 at 6%.
202124$4,398,206$336,748$84,187iApproximate average salary by contribution assumption: employee only about $2,104,675 at 4% or $1,403,117 at 6%; with 50% employer match about $1,403,117 at 4% or $935,411 at 6%; with 100% employer match about $1,052,338 at 4% or $701,558 at 6%.
PROGRESSIVE PACKAGING CORPORATION CASH BALANCE PLAN-4$2,768,421$200,000$50,000iApproximate average salary by contribution assumption: employee only about $1,250,000 at 4% or $833,333 at 6%; with 50% employer match about $833,333 at 4% or $555,556 at 6%; with 100% employer match about $625,000 at 4% or $416,667 at 6%.
Progressive Packaging Corporation 401(K) Profit Sharing Plan-4$1,629,785$136,748$34,187iApproximate average salary by contribution assumption: employee only about $854,675 at 4% or $569,783 at 6%; with 50% employer match about $569,783 at 4% or $379,856 at 6%; with 100% employer match about $427,338 at 4% or $284,892 at 6%.
202024$4,374,764$367,848$91,962iApproximate average salary by contribution assumption: employee only about $2,299,050 at 4% or $1,532,700 at 6%; with 50% employer match about $1,532,700 at 4% or $1,021,800 at 6%; with 100% employer match about $1,149,525 at 4% or $766,350 at 6%.
Progressive Packaging Corporation 401(K) Profit Sharing Plan-4$2,259,596$167,848$41,962iApproximate average salary by contribution assumption: employee only about $1,049,050 at 4% or $699,367 at 6%; with 50% employer match about $699,367 at 4% or $466,244 at 6%; with 100% employer match about $524,525 at 4% or $349,683 at 6%.
PROGRESSIVE PACKAGING CORPORATION CASH BALANCE PLAN-4$2,115,168$200,000$50,000iApproximate average salary by contribution assumption: employee only about $1,250,000 at 4% or $833,333 at 6%; with 50% employer match about $833,333 at 4% or $555,556 at 6%; with 100% employer match about $625,000 at 4% or $416,667 at 6%.
201924$3,817,288$353,697$88,424iApproximate average salary by contribution assumption: employee only about $2,210,606 at 4% or $1,473,738 at 6%; with 50% employer match about $1,473,738 at 4% or $982,492 at 6%; with 100% employer match about $1,105,303 at 4% or $736,869 at 6%.
Progressive Packaging Corporation 401(K) Profit Sharing Plan-4$2,050,065$153,697$38,424iApproximate average salary by contribution assumption: employee only about $960,606 at 4% or $640,404 at 6%; with 50% employer match about $640,404 at 4% or $426,936 at 6%; with 100% employer match about $480,303 at 4% or $320,202 at 6%.
PROGRESSIVE PACKAGING CORPORATION CASH BALANCE PLAN-4$1,767,223$200,000$50,000iApproximate average salary by contribution assumption: employee only about $1,250,000 at 4% or $833,333 at 6%; with 50% employer match about $833,333 at 4% or $555,556 at 6%; with 100% employer match about $625,000 at 4% or $416,667 at 6%.
201824$2,988,299$551,179$137,795iApproximate average salary by contribution assumption: employee only about $3,444,869 at 4% or $2,296,579 at 6%; with 50% employer match about $2,296,579 at 4% or $1,531,053 at 6%; with 100% employer match about $1,722,434 at 4% or $1,148,290 at 6%.
Progressive Packaging Corporation 401(K) Profit Sharing Plan-4$1,655,313$151,179$37,795iApproximate average salary by contribution assumption: employee only about $944,869 at 4% or $629,913 at 6%; with 50% employer match about $629,913 at 4% or $419,942 at 6%; with 100% employer match about $472,434 at 4% or $314,956 at 6%.
PROGRESSIVE PACKAGING CORPORATION CASH BALANCE PLAN-4$1,332,986$400,000$100,000iApproximate average salary by contribution assumption: employee only about $2,500,000 at 4% or $1,666,667 at 6%; with 50% employer match about $1,666,667 at 4% or $1,111,111 at 6%; with 100% employer match about $1,250,000 at 4% or $833,333 at 6%.
201724$2,618,292$537,562$134,391iApproximate average salary by contribution assumption: employee only about $3,359,763 at 4% or $2,239,842 at 6%; with 50% employer match about $2,239,842 at 4% or $1,493,228 at 6%; with 100% employer match about $1,679,881 at 4% or $1,119,921 at 6%.
Progressive Packaging Corporation 401(K) Profit Sharing Plan-4$1,594,652$130,562$32,641iApproximate average salary by contribution assumption: employee only about $816,013 at 4% or $544,008 at 6%; with 50% employer match about $544,008 at 4% or $362,672 at 6%; with 100% employer match about $408,006 at 4% or $272,004 at 6%.
PROGRESSIVE PACKAGING CORPORATION CASH BALANCE PLAN-4$1,023,640$407,000$101,750iApproximate average salary by contribution assumption: employee only about $2,543,750 at 4% or $1,695,833 at 6%; with 50% employer match about $1,695,833 at 4% or $1,130,556 at 6%; with 100% employer match about $1,271,875 at 4% or $847,917 at 6%.
201624$1,960,866$552,645$138,161iApproximate average salary by contribution assumption: employee only about $3,454,031 at 4% or $2,302,688 at 6%; with 50% employer match about $2,302,688 at 4% or $1,535,125 at 6%; with 100% employer match about $1,727,016 at 4% or $1,151,344 at 6%.
Progressive Packaging Corporation 401(K) Profit Sharing Plan-4$1,377,108$142,645$35,661iApproximate average salary by contribution assumption: employee only about $891,531 at 4% or $594,354 at 6%; with 50% employer match about $594,354 at 4% or $396,236 at 6%; with 100% employer match about $445,766 at 4% or $297,177 at 6%.
PROGRESSIVE PACKAGING CORPORATION CASH BALANCE PLAN-4$583,758$410,000$102,500iApproximate average salary by contribution assumption: employee only about $2,562,500 at 4% or $1,708,333 at 6%; with 50% employer match about $1,708,333 at 4% or $1,138,889 at 6%; with 100% employer match about $1,281,250 at 4% or $854,167 at 6%.
201524$1,458,132$318,016$79,504iApproximate average salary by contribution assumption: employee only about $1,987,600 at 4% or $1,325,067 at 6%; with 50% employer match about $1,325,067 at 4% or $883,378 at 6%; with 100% employer match about $993,800 at 4% or $662,533 at 6%.
Progressive Packaging Corporation 401(K) Profit Sharing Plan-4$1,271,132$131,016$32,754iApproximate average salary by contribution assumption: employee only about $818,850 at 4% or $545,900 at 6%; with 50% employer match about $545,900 at 4% or $363,933 at 6%; with 100% employer match about $409,425 at 4% or $272,950 at 6%.
PROGRESSIVE PACKAGING CORPORATION CASH BALANCE PLAN-4$187,000$187,000$46,750iApproximate average salary by contribution assumption: employee only about $1,168,750 at 4% or $779,167 at 6%; with 50% employer match about $779,167 at 4% or $519,444 at 6%; with 100% employer match about $584,375 at 4% or $389,583 at 6%.
201414$1,105,610$152,515$38,129iApproximate average salary by contribution assumption: employee only about $953,219 at 4% or $635,479 at 6%; with 50% employer match about $635,479 at 4% or $423,653 at 6%; with 100% employer match about $476,609 at 4% or $317,740 at 6%.
Progressive Packaging Corporation 401(K) Profit Sharing Plan-4$1,105,610$152,515$38,129iApproximate average salary by contribution assumption: employee only about $953,219 at 4% or $635,479 at 6%; with 50% employer match about $635,479 at 4% or $423,653 at 6%; with 100% employer match about $476,609 at 4% or $317,740 at 6%.
201314$841,064$144,830$36,208iApproximate average salary by contribution assumption: employee only about $905,188 at 4% or $603,458 at 6%; with 50% employer match about $603,458 at 4% or $402,306 at 6%; with 100% employer match about $452,594 at 4% or $301,729 at 6%.
Progressive Packaging Corporation 401(K) Profit Sharing Plan-4$841,064$144,830$36,208iApproximate average salary by contribution assumption: employee only about $905,188 at 4% or $603,458 at 6%; with 50% employer match about $603,458 at 4% or $402,306 at 6%; with 100% employer match about $452,594 at 4% or $301,729 at 6%.
201214$710,381$138,555$34,639iApproximate average salary by contribution assumption: employee only about $865,969 at 4% or $577,313 at 6%; with 50% employer match about $577,313 at 4% or $384,875 at 6%; with 100% employer match about $432,984 at 4% or $288,656 at 6%.
Progressive Packaging Corporation 401(K) Profit Sharing Plan-4$710,381$138,555$34,639iApproximate average salary by contribution assumption: employee only about $865,969 at 4% or $577,313 at 6%; with 50% employer match about $577,313 at 4% or $384,875 at 6%; with 100% employer match about $432,984 at 4% or $288,656 at 6%.
201114$578,813$134,522$33,631iApproximate average salary by contribution assumption: employee only about $840,763 at 4% or $560,508 at 6%; with 50% employer match about $560,508 at 4% or $373,672 at 6%; with 100% employer match about $420,381 at 4% or $280,254 at 6%.
Progressive Packaging Corporation 401(K) Profit Sharing Plan-4$578,813$134,522$33,631iApproximate average salary by contribution assumption: employee only about $840,763 at 4% or $560,508 at 6%; with 50% employer match about $560,508 at 4% or $373,672 at 6%; with 100% employer match about $420,381 at 4% or $280,254 at 6%.
201014$524,880$131,138$32,785iApproximate average salary by contribution assumption: employee only about $819,613 at 4% or $546,408 at 6%; with 50% employer match about $546,408 at 4% or $364,272 at 6%; with 100% employer match about $409,806 at 4% or $273,204 at 6%.
Progressive Packaging Corporation 401(K) Profit Sharing Plan-4$524,880$131,138$32,785iApproximate average salary by contribution assumption: employee only about $819,613 at 4% or $546,408 at 6%; with 50% employer match about $546,408 at 4% or $364,272 at 6%; with 100% employer match about $409,806 at 4% or $273,204 at 6%.
200914$334,556$74,343$18,586iApproximate average salary by contribution assumption: employee only about $464,644 at 4% or $309,763 at 6%; with 50% employer match about $309,763 at 4% or $206,508 at 6%; with 100% employer match about $232,322 at 4% or $154,881 at 6%.
Progressive Packaging Corporation 401(K) Profit Sharing Plan-4$334,556$74,343$18,586iApproximate average salary by contribution assumption: employee only about $464,644 at 4% or $309,763 at 6%; with 50% employer match about $309,763 at 4% or $206,508 at 6%; with 100% employer match about $232,322 at 4% or $154,881 at 6%.
Progressive Packaging Corporation | EIN 36-4451481 | 2024 Form 5500 Company Profile