The Progressive Corporation and its Participating Subsidiaries
74
Plan:
The Progressive 401k Plan
74
41
75
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (74) and the top rated plan (90) could equate to:
[How is this calculated?]
11 additional years of work
Up to $85,400 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
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Retirement Plan Description
The Progressive 401k Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Total Plan Cost. The Progressive 401k Plan currently has over 28,900 active participants and over $1.8B in plan assets.
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