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Original filing (PDF)20250730104313NAL0003924305017
PROGRESSIVE CONVERTING, INC.
Form 5500
FILING_RECEIVED
PROGRESSIVE CONVERTING INC 401(K) PLAN
401(k) retirement plan
Signals · 2
27% in single holdingNo recordkeeper disclosed
Active participants
470
Accounts w/ balance
484
Plan assets (EOY)
$19.7M
Net assets (EOY)
$19.7M
How this plan invests
This plan
4 pooled trusts
Schedule D
29 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
86
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
86
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "T Rowe Price Retirement 2040 Fund" is 27% of plan.
- 50 bps in Schedule C fees — 74% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for PROGRESSIVE CONVERTING, INC..
Plan sponsor
Name
PROGRESSIVE CONVERTING, INC.
EIN
39-1747757
Address
2430 EAST GLENDALE AVENUE · APPLETON, WI · 54911
Phone
(920) 750-5110
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-30
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3F · Sponsor used leased employees
Audit & trust (Schedule H)
Auditor
SMITH & HOWARD, PC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
1 rowsOther
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ASSOCIATED TRUST COMPANY, N.A. | 30-0219031 | — | NONE | $99K | — |
Investments
25 direct securities · 4 pooled funds· $19.6M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$18.9M
25 holdings
Common Collective Trust
$729K
4 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| T Rowe Price Retirement 2040 Fund | — | — | — | $5.3M | 27.0% | |
| T Rowe Price Retirement 2050 Fund | — | — | — | $3.3M | 16.6% | |
| T Rowe Price Retirement 2030 Fund | — | — | — | $3.2M | 16.4% | |
| Vanguard 500 Index Fund | — | — | — | $810K | 4.1% | |
| T Rowe Price Blue Chip Growth Fund | — | — | — | $666K | 3.4% | |
| American Funds Growth Fund of America | — | — | — | $618K | 3.1% | |
| T Rowe Price Retirement 2020 Fund | — | — | — | $571K | 2.9% | |
| Participants Participant Loans (interest rates from 5.25% to | — | — | — | $555K | 2.8% | |
| ASSOCIATED STABLE VALUE FUND ASSOCIATED TRUST COMPANY, N.A. · EIN 39-6571683 / PN 001 | Common Collective Trust | — | — | $528K | 2.7% | |
| Vanguard Mid Cap Index Fund | — | — | — | $463K | 2.4% | |
| T Rowe Price Retirement 2060 Fund | — | — | — | $457K | 2.3% | |
| T Rowe Price Retirement 2035 Fund | — | — | — | $372K | 1.9% | |
| American Century Equity Income Fund | — | — | — | $356K | 1.8% | |
| MFS Mid Cap Growth Fund | — | — | — | $282K | 1.4% | |
| American Funds Washington Mutual Investors Fund | — | — | — | $256K | 1.3% | |
| T Rowe Price Retirement 2010 Fund | — | — | — | $208K | 1.1% | |
| T Rowe Price Retirement 2045 Fund | — | — | — | $208K | 1.1% | |
| MFS Mid Cap Value Fund | — | — | — | $197K | 1.0% | |
| Vanguard Small Cap Index Fund | — | — | — | $195K | 1.0% | |
| T Rowe Price Retirement 2025 Fund | — | — | — | $182K | 0.9% | |
| T Rowe Price Retirement 2065 Fund | — | — | — | $163K | 0.8% | |
| T Rowe Price Retirement 2055 Fund | — | — | — | $149K | 0.8% | |
| ASSOCIATED CORE BOND FUND ASSOCIATED TRUST COMPANY, N.A. · EIN 90-0186734 / PN 001 | Common Collective Trust | — | — | $148K | 0.8% | |
| Harbor Small Cap Growth Fund | — | — | — | $139K | 0.7% | |
| American Funds Europacific Growth Fund | — | — | — | $100K | 0.5% | |
| MFS International Diversification Fund | — | — | — | $65K | 0.3% | |
| American Beacon Small Cap Value Fund | — | — | — | $55K | 0.3% | |
| ASSOCIATED SHORT TERM BOND FUND ASSOCIATED TRUST COMPANY, N.A. · EIN 39-6204063 / PN 001 | Common Collective Trust | — | — | $44K | 0.2% | |
| MONEY MARKET COMMON TR FUND ASSOCIATED TRUST COMPANY, N.A. · EIN 52-7241044 / PN 001 | Common Collective Trust | — | — | $9K | <0.1% |