The Progressive Corporation & Its Participating Subsidiaries 401(k) Plan: Login, Facts & Contact Information

The Progressive Corporation & Its Participating Subsidiaries 401(k) Plan Facts

Plan name
THE PROGRESSIVE 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
THE PROGRESSIVE CORPORATION & ITS PARTICIPATING SUBSIDIARIES
Participants
69,645 (67,357 active employees)
Former employees with a balance
6,574
Plan assets
$11,533,546,294 at Dec 31, 2024
Average account balance
$163,836 across 70,397 accounts
Employer contributions
$232,817,733 in plan year 2024 (34% of all contributions)
Recordkeeper
Fidelity Inv Inst Oper Co Inc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Nov 4, 1984
✓ 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 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed May 20, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $685.8 million went into the plan in contributions, $232.8 million of it from the employer (34%).
  • $787.3 million was paid out to participants.
  • Investment and other income added $2.41 billion.
  • Administrative expenses were $632,960, about $9 per account.

How the The Progressive Corporation & Its Participating Subsidiaries 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201943,395$5.62 billion$117.8 million$273.5 million
202047,190$6.89 billion$135.8 million$377.3 million
202148,995$7.97 billion$162.9 million$390.4 million
202256,901$7.61 billion$184.5 million$470.9 million
202363,252$9.23 billion$205.3 million$519.9 million
202469,645$11.5 billion$232.8 million$787.3 million

The Progressive Corporation & Its Participating Subsidiaries 401(k) Contact Information

Phone
440-395-4222
Mailing address
300 N COMMONS BLVD # W91, MAYFIELD VILLAGE OH 441431589
Plan sponsor
THE PROGRESSIVE CORPORATION & ITS PARTICIPATING SUBSIDIARIES
Employer identification number (EIN)
34-0963169
Plan number
003

Questions about the The Progressive Corporation & Its Participating Subsidiaries 401(k)

Does The Progressive Corporation & Its Participating Subsidiaries contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $232.8 million, 34% of all contributions.

Does the The Progressive Corporation & Its Participating Subsidiaries 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the The Progressive Corporation & Its Participating Subsidiaries 401(k) plan?

69,645 participants at the start of plan year 2024, 67,357 of them active employees, and 6,574 former employees who still had money in the plan.

What is the average 401(k) balance at The Progressive Corporation & Its Participating Subsidiaries?

About $163,836 per account: $11.5 billion in plan assets across 70,397 accounts with a balance at the end of plan year 2024.

Who manages the The Progressive Corporation & Its Participating Subsidiaries 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INV INST OPER CO INC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at The Progressive Corporation & Its Participating Subsidiaries. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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