PROGRESSIVE COMMUNICATIONS 401K PLAN

Plan Contact

  • Address: 300 MULBERRY ST. SUITE 602,MACON,GA
  • Contact person: SIERRA BELL
  • Phone: (478) 454-1011

Plan General Information

PROGRESSIVE COMMUNICATIONS 401K PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of PROGRESSIVE COMMUNICATIONS 401K PLAN is $7,410,155.00.This plan was established in 2008.

PROGRESSIVE COMMUNICATIONS 401K PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in PROGRESSIVE COMMUNICATIONS 401K PLAN is 258

PROGRESSIVE COMMUNICATIONS 401K PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for PROGRESSIVE COMMUNICATIONS 401K PLAN is $28,721.00

PROGRESSIVE COMMUNICATIONS 401K PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for PROGRESSIVE COMMUNICATIONS 401K PLAN is $2,636.00.

PROGRESSIVE COMMUNICATIONS 401K PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in PROGRESSIVE COMMUNICATIONS 401K PLAN is approximately $1,020.00
Investing in this additonal $1,020.00 for 20 years would give you extra $65,293.00, assuming a 10% annual return.

PROGRESSIVE COMMUNICATIONS 401K PLAN Total Employer Contribution and Match Rate

In 2023, PROGRESSIVE COMMUNICATIONS 401K PLAN allocates $263,215.00 to match its employees' contributions, providing an employer match rate of 41.94% of their contributions

PROGRESSIVE COMMUNICATIONS 401K PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of PROGRESSIVE COMMUNICATIONS 401K PLAN is 23.73%.

PROGRESSIVE COMMUNICATIONS 401K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for PROGRESSIVE COMMUNICATIONS 401K PLAN is 16.83%. This measures the effectiveness of the plan participants' investments in the year.

PROGRESSIVE COMMUNICATIONS 401K PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of PROGRESSIVE COMMUNICATIONS 401K PLAN is 0.47%.

Enrollment Features

PROGRESSIVE COMMUNICATIONS 401K PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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