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, Provident Bank 401(K) Plan is a benefit plan reported by Provident Bank under EIN 22-1211130 and plan number 004. The latest loaded filing year is 2023. The filing reports 1,594 participants and $164,279,353 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $164,279,353
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $164,279,353
- Net assets (BOY)
- $141,804,587
Income & contributions
- Employer contributions
- $1,383,525
- Participant contributions
- $8,596,508
- Total contributions
- $11,986,610
- Total income / additions
- $33,803,296
Expenses & distributions
- Benefits paid
- $11,294,865
- Administrative expenses
- $138,579
- Total expenses
- $11,433,444
- Net increase / (decrease)
- $22,369,852