Providence Holding, Inc. Employee Stock Ownership Plan — Form 5500 plan (Providence Holding, Inc)

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 Holding, Inc. Employee Stock Ownership Plan is a benefit plan reported by Providence Holding, Inc under EIN 46-0913058 and plan number 002. The latest loaded filing year is 2023. The filing reports 142 participants and $5,439,692 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4MPlan net assets, end of year$4,034,636
Participants142Covered participants reported
Assets / participant$38.3KComputed: assets ÷ participants$38,308 (computed)
Provider compensationNone reported
Plan sponsor
Providence Holding, Inc
EIN
46-0913058
Plan number
002
Plan type
2
Location
Baton Rouge, LA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023142H20240905145340NAL0043966498001
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)$5.4M total assets
Net assets$4MLiabilities$1.4M
Money in vs. money out
Total income / additions$2M
Total expenses$307.4K
Benefits paid / distributions$242.9K
Contributions
Employer$1.6M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$5,439,692
Total liabilities (EOY)
$1,405,056
Net assets (EOY)
$4,034,636
Net assets (BOY)
$2,308,474

Income & contributions

Employer contributions
$1,628,529
Total contributions
$1,628,529
Total income / additions
$2,033,529

Expenses & distributions

Benefits paid
$242,890
Administrative expenses
$0
Total expenses
$307,367
Net increase / (decrease)
$1,726,162
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.

Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income12%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages