Progressive Financial Services, Inc 401(k) Plan (terminated 2019): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2019. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Progressive Financial Services, Inc 401(k) Plan Facts (plan year 2019)

Plan name
PROGRESSIVE FINANCIAL SERVICES 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PROGRESSIVE FINANCIAL SERVICES, INC
Participants
52
Plan year
Jan 1, 2019 – Aug 31, 2019
Plan established
Jan 1, 2000
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500-SF for plan year 2019 (Jan 1, 2019 – Aug 31, 2019), filed Mar 27, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $1.30 million was paid out to participants.

How the Progressive Financial Services, Inc 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2014360$2.00 million$143,304$123,391
2015411$2.19 million$128,992$220,416
2016340$2.05 million$90,676$575,448
2017152$1.64 million$24,865$743,272
201867$1.17 million$8,186$410,278
2019 (final)52$0—$1.30 million

Progressive Financial Services, Inc 401(k) Contact Information

Phone
602-453-8919
Mailing address
40 WELLESLEY ROAD, SWATHMORE PA 19081
Plan sponsor
PROGRESSIVE FINANCIAL SERVICES, INC
Employer identification number (EIN)
23-2808408
Plan number
001

Questions about the Progressive Financial Services, Inc 401(k)

Is the Progressive Financial Services, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2019.

Does Progressive Financial Services, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Progressive Financial Services, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Progressive Financial Services, Inc 401(k) plan?

52 participants at the start of plan year 2019.

Who manages the Progressive Financial Services, Inc 401(k) accounts?

Empower is the plan's recordkeeper, which is where participants log in to see their balance.

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