Progress Lighting 401(k) match, vesting and fees
What Progress Lighting's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | T Rowe Price Rps Inc | Schedule C ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Progress Lighting: employer contribution per participant | $1,298 | |
| Peer median | $1,847 |
| Progress Lighting: average balance | $77,009 | |
| Peer median | $65,512 |
| Progress Lighting: admin expenses ÷ assets | 0.19% | |
| Peer median | 0.32% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets were $16.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 252 | $16.4M | $276K | $1,298 | 0.19% | Not published | Form 5500 ↗ |
Common questions
Does Progress Lighting match 401(k) contributions?
The match terms for the Progress Lighting 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $276K in employer contributions, about $1,298 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Progress Lighting 401(k) match vested?
The vesting schedule for the Progress Lighting 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Progress Lighting 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is T Rowe Price Rps Inc. The plan administrator is Progress Lighting LLC.
I left Progress Lighting. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Progress Lighting LLC, (864) 678-1000) or the recordkeeper, T Rowe Price Rps Inc. The Progress Lighting old 401(k) page lists the contacts from every plan filing. Find an old Progress Lighting 401(k)
Data from the public Form 5500 annual reports Progress Lighting filed with the U.S. Department of Labor (plan years 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Progress Lighting. Not financial advice. Report a correction · Methodology