Plan Ledger DOL Form 5500 · updated monthly

Progressive Retail Management, Inc.ESOP

PROGRESSIVE RETAIL MANAGEMENT, INC. EMPLOYEE STOCK OWNERSHIP PLAN · DENVER, CO · plan year 2022

Reported admin expense ratio · 2022
0.73%

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

Progressive Retail Management, Inc. reported $1,910 in plan administrative expenses for 2022: 0.73% of average plan assets, below the peer median. Employer contributions averaged $13,063 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Colorado (1,374th of 1,461), and 5,004th of 5,215 in retail trade.

Plan summary
Net assets, end of year$787,932
Participants with balances193
Active participants149
Employer contributions$1,946,383
Employee contributions—
Employer contribution per active participant$13,063
Average account balance$4,083
Benefits paid to participants$26,051
Plan auditUnmodified (clean) audit opinion
AuditorWATSON COON RYAN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$559K · 244 accts · $2.0M emplr
2023$-1.2M · 213 accts · $2.0M emplr
2022$788K · 193 accts · $1.9M emplr
Employer contributions to the Progressive Retail Management, Inc. plan · 2022
Employer contribution per active participant$13,063
Median for plans this size$331
2024$12,186 per active participant
2023$12,564 per active participant
2022$13,063 per active participant

Progressive Retail Management, Inc.'s 2022 employer contribution ran above the $331 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022$1,910 · 0.73%
Similar plansRetail Trade · Colorado
Durango Motor Company CO$1.3M · 0.67%
Mike's Camera, Inc. CO$1.3M · 0.14%
Guiry's Inc. CO$1.2M · 1.35%
Wsh Parent Fitness LLC CO$751K · 0.67%
Goodbuy Gear, Inc. CO$582K · 0.57%
Trifecta Medical LLC CO$256K · 2.68%
Donut Holdings Inc CO$51K · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824349036 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.