Providence Enterprises 401(K) Profit Sharing — Form 5500 plan (Providence Enterprises, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Providence Enterprises 401(K) Profit Sharing is a benefit plan reported by Providence Enterprises, LLC under EIN 20-4486418 and plan number 002. The latest loaded filing year is 2023. The filing reports 186 participants and $1,379,566 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.4MPlan net assets, end of year$1,370,224
Participants186Covered participants reported
Assets / participant$7.4KComputed: assets ÷ participants$7,417 (computed)
Provider compensation$7.2K1 Schedule C provider row(s)$7,237
Plan sponsor
Providence Enterprises, LLC
EIN
20-4486418
Plan number
002
Plan type
2
Location
Nitro, WV
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023186H, C20241014144250NAL0027591617001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$1.4M total assets
Net assets$1.4MLiabilities$9.3K
Money in vs. money out
Total income / additions$934.1K
Total expenses$63K
Benefits paid / distributions$48.3K
Contributions
Employer$154.4K
Participant$460.9K
Full reported line items

Net assets

Total assets (EOY)
$1,379,566
Total liabilities (EOY)
$9,342
Net assets (EOY)
$1,370,224
Net assets (BOY)
$499,091

Income & contributions

Employer contributions
$154,421
Participant contributions
$460,897
Total contributions
$791,839
Total income / additions
$934,104

Expenses & distributions

Benefits paid
$48,267
Administrative expenses
$5,362
Total expenses
$62,971
Net increase / (decrease)
$871,133
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 25%Participant 75%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income5%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ascensus LLCNONE$7,237$02023

Related Form 5500 pages