Progressive Converting, Inc.401(k)

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Progressive Converting, Inc. reported $99,053 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,033 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 868th-largest of 1,936 plans among Wisconsin employers on file, and the 5,991st of 13,661 in manufacturing. In 2024, employees put in $2.59 for every $1.00 the employer contributed; active participation has grown from 385 to 470 since 2022.