Civic Intelligence

Progressive Electric Inc

Plan context: Progressive Electric Inc. Profit Sharing Plan

EIN 55-0585404 • Charleston, WV • 26 filings • 2 plans

PO Box 3695Charleston, WV 25326
Current Snapshot

Latest Year

2024

2024 Participants

7

2024 Assets

$4,435,429

2024 Contributions

$101,241

Historical Graphs

Total Assets Over Time

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

$4,435,429$2,217,715$0199920142024YearValue
$4,435,429Latest year 2024

Participants Over Time

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

740199920122024YearValue
7Latest year 2024

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
202417$4,435,429$101,241$14,463iApproximate average salary by contribution assumption: employee only about $361,575 at 4% or $241,050 at 6%; with 50% employer match about $241,050 at 4% or $160,700 at 6%; with 100% employer match about $180,788 at 4% or $120,525 at 6%.
Progressive Electric Inc. Profit Sharing Plan-7$4,435,429$101,241$14,463iApproximate average salary by contribution assumption: employee only about $361,575 at 4% or $241,050 at 6%; with 50% employer match about $241,050 at 4% or $160,700 at 6%; with 100% employer match about $180,788 at 4% or $120,525 at 6%.
202316$4,184,608$96,003$16,001iApproximate average salary by contribution assumption: employee only about $400,013 at 4% or $266,675 at 6%; with 50% employer match about $266,675 at 4% or $177,783 at 6%; with 100% employer match about $200,006 at 4% or $133,338 at 6%.
Progressive Electric Inc. Profit Sharing Plan-6$4,184,608$96,003$16,001iApproximate average salary by contribution assumption: employee only about $400,013 at 4% or $266,675 at 6%; with 50% employer match about $266,675 at 4% or $177,783 at 6%; with 100% employer match about $200,006 at 4% or $133,338 at 6%.
202216$3,622,726$95,204$15,867iApproximate average salary by contribution assumption: employee only about $396,683 at 4% or $264,456 at 6%; with 50% employer match about $264,456 at 4% or $176,304 at 6%; with 100% employer match about $198,342 at 4% or $132,228 at 6%.
Progressive Electric Inc. Profit Sharing Plan-6$3,622,726$95,204$15,867iApproximate average salary by contribution assumption: employee only about $396,683 at 4% or $264,456 at 6%; with 50% employer match about $264,456 at 4% or $176,304 at 6%; with 100% employer match about $198,342 at 4% or $132,228 at 6%.
202116$4,186,836$93,553$15,592iApproximate average salary by contribution assumption: employee only about $389,804 at 4% or $259,869 at 6%; with 50% employer match about $259,869 at 4% or $173,246 at 6%; with 100% employer match about $194,902 at 4% or $129,935 at 6%.
Progressive Electric Inc. Profit Sharing Plan-6$4,186,836$93,553$15,592iApproximate average salary by contribution assumption: employee only about $389,804 at 4% or $259,869 at 6%; with 50% employer match about $259,869 at 4% or $173,246 at 6%; with 100% employer match about $194,902 at 4% or $129,935 at 6%.
202015$3,613,319$88,247$17,649iApproximate average salary by contribution assumption: employee only about $441,235 at 4% or $294,157 at 6%; with 50% employer match about $294,157 at 4% or $196,104 at 6%; with 100% employer match about $220,618 at 4% or $147,078 at 6%.
Progressive Electric Inc. Profit Sharing Plan-5$3,613,319$88,247$17,649iApproximate average salary by contribution assumption: employee only about $441,235 at 4% or $294,157 at 6%; with 50% employer match about $294,157 at 4% or $196,104 at 6%; with 100% employer match about $220,618 at 4% or $147,078 at 6%.
201915$3,122,094$86,629$17,326iApproximate average salary by contribution assumption: employee only about $433,145 at 4% or $288,763 at 6%; with 50% employer match about $288,763 at 4% or $192,509 at 6%; with 100% employer match about $216,573 at 4% or $144,382 at 6%.
Progressive Electric Inc. Profit Sharing Plan-5$3,122,094$86,629$17,326iApproximate average salary by contribution assumption: employee only about $433,145 at 4% or $288,763 at 6%; with 50% employer match about $288,763 at 4% or $192,509 at 6%; with 100% employer match about $216,573 at 4% or $144,382 at 6%.
201815$2,546,027$84,632$16,926iApproximate average salary by contribution assumption: employee only about $423,160 at 4% or $282,107 at 6%; with 50% employer match about $282,107 at 4% or $188,071 at 6%; with 100% employer match about $211,580 at 4% or $141,053 at 6%.
Progressive Electric Inc. Profit Sharing Plan-5$2,546,027$84,632$16,926iApproximate average salary by contribution assumption: employee only about $423,160 at 4% or $282,107 at 6%; with 50% employer match about $282,107 at 4% or $188,071 at 6%; with 100% employer match about $211,580 at 4% or $141,053 at 6%.
201715$2,649,511$116,534$23,307iApproximate average salary by contribution assumption: employee only about $582,670 at 4% or $388,447 at 6%; with 50% employer match about $388,447 at 4% or $258,964 at 6%; with 100% employer match about $291,335 at 4% or $194,223 at 6%.
Progressive Electric Inc. Profit Sharing Plan-5$2,649,511$116,534$23,307iApproximate average salary by contribution assumption: employee only about $582,670 at 4% or $388,447 at 6%; with 50% employer match about $388,447 at 4% or $258,964 at 6%; with 100% employer match about $291,335 at 4% or $194,223 at 6%.
201615$2,128,756$67,525$13,505iApproximate average salary by contribution assumption: employee only about $337,625 at 4% or $225,083 at 6%; with 50% employer match about $225,083 at 4% or $150,056 at 6%; with 100% employer match about $168,813 at 4% or $112,542 at 6%.
Progressive Electric Inc. Profit Sharing Plan-5$2,128,756$67,525$13,505iApproximate average salary by contribution assumption: employee only about $337,625 at 4% or $225,083 at 6%; with 50% employer match about $225,083 at 4% or $150,056 at 6%; with 100% employer match about $168,813 at 4% or $112,542 at 6%.
201515$1,987,754$67,180$13,436iApproximate average salary by contribution assumption: employee only about $335,900 at 4% or $223,933 at 6%; with 50% employer match about $223,933 at 4% or $149,289 at 6%; with 100% employer match about $167,950 at 4% or $111,967 at 6%.
Progressive Electric Inc. Profit Sharing Plan-5$1,987,754$67,180$13,436iApproximate average salary by contribution assumption: employee only about $335,900 at 4% or $223,933 at 6%; with 50% employer match about $223,933 at 4% or $149,289 at 6%; with 100% employer match about $167,950 at 4% or $111,967 at 6%.
201415$1,937,417$66,827$13,365iApproximate average salary by contribution assumption: employee only about $334,135 at 4% or $222,757 at 6%; with 50% employer match about $222,757 at 4% or $148,504 at 6%; with 100% employer match about $167,068 at 4% or $111,378 at 6%.
Progressive Electric Inc. Profit Sharing Plan-5$1,937,417$66,827$13,365iApproximate average salary by contribution assumption: employee only about $334,135 at 4% or $222,757 at 6%; with 50% employer match about $222,757 at 4% or $148,504 at 6%; with 100% employer match about $167,068 at 4% or $111,378 at 6%.
201317$1,843,117$68,373$9,768iApproximate average salary by contribution assumption: employee only about $244,189 at 4% or $162,793 at 6%; with 50% employer match about $162,793 at 4% or $108,529 at 6%; with 100% employer match about $122,095 at 4% or $81,396 at 6%.
Progressive Electric Inc. Profit Sharing Plan-7$1,843,117$68,373$9,768iApproximate average salary by contribution assumption: employee only about $244,189 at 4% or $162,793 at 6%; with 50% employer match about $162,793 at 4% or $108,529 at 6%; with 100% employer match about $122,095 at 4% or $81,396 at 6%.
201217$1,433,092$65,852$9,407iApproximate average salary by contribution assumption: employee only about $235,186 at 4% or $156,790 at 6%; with 50% employer match about $156,790 at 4% or $104,527 at 6%; with 100% employer match about $117,593 at 4% or $78,395 at 6%.
Progressive Electric Inc. Profit Sharing Plan-7$1,433,092$65,852$9,407iApproximate average salary by contribution assumption: employee only about $235,186 at 4% or $156,790 at 6%; with 50% employer match about $156,790 at 4% or $104,527 at 6%; with 100% employer match about $117,593 at 4% or $78,395 at 6%.
201117$1,659,921$92,938$13,277iApproximate average salary by contribution assumption: employee only about $331,921 at 4% or $221,281 at 6%; with 50% employer match about $221,281 at 4% or $147,521 at 6%; with 100% employer match about $165,961 at 4% or $110,640 at 6%.
Progressive Electric Inc. Profit Sharing Plan-7$1,659,921$92,938$13,277iApproximate average salary by contribution assumption: employee only about $331,921 at 4% or $221,281 at 6%; with 50% employer match about $221,281 at 4% or $147,521 at 6%; with 100% employer match about $165,961 at 4% or $110,640 at 6%.
201017$1,722,600$110,893$15,842iApproximate average salary by contribution assumption: employee only about $396,046 at 4% or $264,031 at 6%; with 50% employer match about $264,031 at 4% or $176,021 at 6%; with 100% employer match about $198,023 at 4% or $132,015 at 6%.
Progressive Electric Inc. Profit Sharing Plan-7$1,722,600$110,893$15,842iApproximate average salary by contribution assumption: employee only about $396,046 at 4% or $264,031 at 6%; with 50% employer match about $264,031 at 4% or $176,021 at 6%; with 100% employer match about $198,023 at 4% or $132,015 at 6%.
200917$1,439,915$79,332$11,333iApproximate average salary by contribution assumption: employee only about $283,329 at 4% or $188,886 at 6%; with 50% employer match about $188,886 at 4% or $125,924 at 6%; with 100% employer match about $141,664 at 4% or $94,443 at 6%.
Progressive Electric Inc. Profit Sharing Plan-7$1,439,915$79,332$11,333iApproximate average salary by contribution assumption: employee only about $283,329 at 4% or $188,886 at 6%; with 50% employer match about $188,886 at 4% or $125,924 at 6%; with 100% employer match about $141,664 at 4% or $94,443 at 6%.
200816$1,050,891$79,647$13,275iApproximate average salary by contribution assumption: employee only about $331,863 at 4% or $221,242 at 6%; with 50% employer match about $221,242 at 4% or $147,494 at 6%; with 100% employer match about $165,931 at 4% or $110,621 at 6%.
Progressive Electric Inc. Profit Sharing Plan-6$1,050,891$79,647$13,275iApproximate average salary by contribution assumption: employee only about $331,863 at 4% or $221,242 at 6%; with 50% employer match about $221,242 at 4% or $147,494 at 6%; with 100% employer match about $165,931 at 4% or $110,621 at 6%.
200717$0$0-
Progressive Electric Inc. Profit Sharing Plan-7---
200617$1,352,451$96,789$13,827iApproximate average salary by contribution assumption: employee only about $345,675 at 4% or $230,450 at 6%; with 50% employer match about $230,450 at 4% or $153,633 at 6%; with 100% employer match about $172,838 at 4% or $115,225 at 6%.
Progressive Electric Inc. Profit Sharing Plan-7$1,352,451$96,789$13,827iApproximate average salary by contribution assumption: employee only about $345,675 at 4% or $230,450 at 6%; with 50% employer match about $230,450 at 4% or $153,633 at 6%; with 100% employer match about $172,838 at 4% or $115,225 at 6%.
200516$1,037,047$91,620$15,270iApproximate average salary by contribution assumption: employee only about $381,750 at 4% or $254,500 at 6%; with 50% employer match about $254,500 at 4% or $169,667 at 6%; with 100% employer match about $190,875 at 4% or $127,250 at 6%.
Progressive Electric Inc. Profit Sharing Plan-6$1,037,047$91,620$15,270iApproximate average salary by contribution assumption: employee only about $381,750 at 4% or $254,500 at 6%; with 50% employer match about $254,500 at 4% or $169,667 at 6%; with 100% employer match about $190,875 at 4% or $127,250 at 6%.
200417$814,207$48,279$6,897iApproximate average salary by contribution assumption: employee only about $172,425 at 4% or $114,950 at 6%; with 50% employer match about $114,950 at 4% or $76,633 at 6%; with 100% employer match about $86,213 at 4% or $57,475 at 6%.
Progressive Electric Inc. Profit Sharing Plan-7$814,207$48,279$6,897iApproximate average salary by contribution assumption: employee only about $172,425 at 4% or $114,950 at 6%; with 50% employer match about $114,950 at 4% or $76,633 at 6%; with 100% employer match about $86,213 at 4% or $57,475 at 6%.
200316$0$0-
Progressive Electric Inc. Profit Sharing Plan-6---
200217$0$0-
Progressive Electric Inc. Profit Sharing Plan-7---
200115$0$0-
Progressive Electric Inc. Profit Sharing Plan-5---
200016$0$0-
Progressive Electric Inc. Profit Sharing Plan-6---
199917$1,371,979$88,393$12,628iApproximate average salary by contribution assumption: employee only about $315,689 at 4% or $210,460 at 6%; with 50% employer match about $210,460 at 4% or $140,306 at 6%; with 100% employer match about $157,845 at 4% or $105,230 at 6%.
Progressive Electric Inc. Profit Sharing Plan-7$1,371,979$88,393$12,628iApproximate average salary by contribution assumption: employee only about $315,689 at 4% or $210,460 at 6%; with 50% employer match about $210,460 at 4% or $140,306 at 6%; with 100% employer match about $157,845 at 4% or $105,230 at 6%.