Plan Ledger DOL Form 5500 · updated monthly

Progressive Housing, Inc.401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF PROGRESSIVE HOUSING, INC. · OLYMPIA FIELDS, IL · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Progressive Housing, Inc. reported $2,533 in plan administrative expenses for 2024: 0.57% of average plan assets, below the peer median. Employer contributions averaged $0 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 2 years on file its reported administrative ratio rose from 0.23% to 0.57%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (3,556th of 3,702), and 11,329th of 11,911 in health care & social assistance. active participation has grown from 309 to 370 since 2022.

Plan summary
Net assets, end of year$525,371
Participants with balances304
Active participants370
Employer contributions$0
Employee contributions$189,142
Employer contribution per active participant$0
Average account balance$1,728
Benefits paid to participants$80,271
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$525K · 304 accts
2023$366K · 304 accts
2022$229K · 263 accts
The Progressive Housing, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

Progressive Housing, Inc.'s 2024 employer contribution ran below the $540 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$4,779

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,533 · 0.57%
2023$1,029 · 0.35%
2022$441 · 0.23%
Similar plansHealth Care & Social Assistance · Illinois
Villa Health Care, Inc. IL$602K · 0.91%
Saba Healthcare LLC IL$519K · 1.31%
Medstar Laboratory, Inc. IL$423K · 1.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371238076 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.