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Original filing (PDF)20251013153738NAL0000784627001
PROGRESSIVE SERVICES, INC. DBA PROGRESSIVE
Form 5500
FILING_RECEIVED
PROGRESSIVE SERVICES, INC. 401(K) SALARY REDUCTION PLAN
401(k) retirement plan
Signals · 1
31% in single holding
Active participants
1,036
Accounts w/ balance
399
Plan assets (EOY)
$13.0M
Net assets (EOY)
$13.0M
How this plan invests
This plan
8 pooled trusts
Schedule D
8 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
83
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
84
Total plan cost
65
Vendor stack
100
Participation health
65
Knocking points off
- Top holding "[DFE: COTA STREET MANAGED EQUITY ACCUMULATION FUND (extraction pending)]" is 31% of plan.
- 48 bps in Schedule C fees — 66% above peer band of 29 bps.
- Only 39% as many balances as active participants — suggests many active employees aren't deferring.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for PROGRESSIVE SERVICES, INC. DBA PROGRESSIVE.
Plan sponsor
Name
PROGRESSIVE SERVICES, INC. DBA PROGRESSIVE
EIN
86-0345657
Address
23 N 35TH AVE · PHOENIX, AZ · 850094728
Phone
(602) 278-4900
Industry
Constructionsee all
Plan administrator
Name
PROGRESSIVE SERVICES, INC. DBA PROGRESSIVE
EIN
86-0345657
City
PHOENIX, AZ
Phone
(602) 278-4900
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-13
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
BROCK,SCHECHTER AND POLAKOFF, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | 84-0467907 | — | RECORDKEEPER | $12K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WORLD INVESTMENT ADVISORS | — | SANTA BARBARA, CA | INVESTMENT ADVISOR | $30K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BENEFITS2 ADMINISTRATORS LLC | 92-1664169 | — | CONTRACT ADMINISTRATOR | $15K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| COTA STREET INV MNGT | — | SANTA BARBARA, CA | INVESTMENT MGMT | $6K | — |
Investments
8 pooled funds· $2.4M(18% 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.
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| COTA STREET MANAGED EQUITY ACCUM GREAT GRAY · EIN 38-4116855 / PN 523 | Common Collective Trust | — | — | $737K | 5.7% | |
| COTA STREET MANAGED BLEND DECUM I GREAT GRAY · EIN 38-4116859 / PN 527 | Common Collective Trust | — | — | $482K | 3.7% | |
| COTA STREET MANAGED BLEND ACCUM I GREAT GRAY · EIN 38-4116856 / PN 524 | Common Collective Trust | — | — | $406K | 3.1% | |
| COTA STREET MANAGED EQUITY DECUM GREAT GRAY · EIN 38-4116858 / PN 526 | Common Collective Trust | — | — | $274K | 2.1% | |
| COTA STREET MANAGED FIXED INCOME DE GREAT GRAY · EIN 38-4116860 / PN 528 | Common Collective Trust | — | — | $195K | 1.5% | |
| COTA STREET MANAGED FIXED INCOME AC GREAT GRAY · EIN 38-4116857 / PN 525 | Common Collective Trust | — | — | $162K | 1.2% | |
| BLACKROCK RUSSELL 1000 INDEX FEE CL GREAT GRAY · EIN 20-3802223 / PN 002 | Common Collective Trust | — | — | $79K | 0.6% | |
| BLACKROCK MID CAP EQUITY IDX FEE 6 GREAT GRAY · EIN 20-3802327 / PN 003 | Common Collective Trust | — | — | $29K | 0.2% |