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Form 5500 · Employee benefit plan · BEACH CITY, OH

PROGRESSIVE FOAM TECHNOLOGIES, INC.

The filing calls this plan PROGRESSIVE FOAM TECHNOLOGIES HEALTH & WELFARE BENEFIT PLAN.

PROGRESSIVE FOAM TECHNOLOGIES, INC. of BEACH CITY, OH files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is PIPES INSURANCE SERVICE LTD. Coverage is written through AULTCARE INSURANCE COMPANY and 2 other carriers. The plan's most recent policy period ended in February.

Benefits broker of record
Policy year ends
Februaryas filed for plan year 2024

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 34-1769074 · plan 501 · plan year 2024, filed Oct 14, 2025

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How this plan is funded

Funding not settled by the filing

The filing does not report enough to settle how this plan pays for benefits.

All participants at the start of the year
200
Active at start of year
200
Active at end of year
194
Disclosed commissions
$71,300
Typical renewal
March 1

Benefits declared on this filing

Healthinsured — AULTCARE INSURANCE COMPANY372 of 200 participants on the largest contract
Dentalinsured — PRINCIPAL LIFE INSURANCE COMPANY488 of 200 participants
Visioninsured — PRINCIPAL LIFE INSURANCE COMPANY488 of 200 participants
Lifeinsured — AULTCARE INSURANCE COMPANY372 of 200 participants on the largest contract
Disabilityinsured — PRINCIPAL LIFE INSURANCE COMPANY488 of 200 participants on the largest contract

Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.

Where a line has more than one insured contract, the carrier and the covered figure are the largest contract's by premium. The contracts are not added up: a pharmacy carve-out and the medical carrier beside it cover the same people.

Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.

Plan brief

Schedule A lists 3 insured contracts covering health, dental, vision, life and disability; the largest, with AULTCARE INSURANCE COMPANY, covers 372 people.

Reported premium across the insured contracts is $746,050, with $71,300 in disclosed broker commissions — about 9.6% of premium.

The health contract's policy period ended in February, while at least one ancillary line's policy period ended in December. The plan is on a split renewal cycle.

PIPES INSURANCE SERVICE LTD is the broker of record on 2 of the 3 contracts; the rest name a different broker or none.

3 carriers appear on the filing, including AULTCARE INSURANCE COMPANY, PRINCIPAL LIFE INSURANCE COMPANY and COLONIAL LIFE & ACCIDENT INSURANCE COMPANY. AULTCARE INSURANCE COMPANY writes the largest contract by premium.

Schedule A insurance contracts

CarrierBenefitsCoveredRenewsPremiumCommission
AULTCARE INSURANCE COMPANYHealth, Life372Feb 29, 2024$403,993$40,666
PRINCIPAL LIFE INSURANCE COMPANYHealth, Dental, Vision, Life, Disability488Jan 1, 2025$317,571$20,775
COLONIAL LIFE & ACCIDENT INSURANCE COMPANYLife, Disability39Jan 1, 2025$24,486$9,859

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
PROGRESSIVE FOAM TECHNOLOGIES, INC.
EIN 34-1769074

The plan administrator is from line 3a of the main form. We publish company names only.

Other plans filed by this employer

How this plan compares

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