Providence Bank Retirement Plan — Form 5500 plan (Providence Bank & Trust)
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 Bank Retirement Plan is a benefit plan reported by Providence Bank & Trust under EIN 20-0241351 and plan number 001. The latest loaded filing year is 2023. The filing reports 230 participants and $21,356,846 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Providence Bank & Trust
- EIN
- 20-0241351
- Plan number
- 001
- Plan type
- 2
- Location
- South Holland, IL
- Latest filing year
- 2023
- Participants
- 230
- End-of-year plan assets
- $21,356,846
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 230 | H, C | 20241002102108NAL0003945891001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,356,846
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,356,846
- Net assets (BOY)
- $17,365,436
Income & contributions
- Employer contributions
- $398,683
- Participant contributions
- $1,395,811
- Total contributions
- $1,841,109
- Total income / additions
- $4,520,272
Expenses & distributions
- Benefits paid
- $489,285
- Administrative expenses
- $35,778
- Total expenses
- $528,862
- Net increase / (decrease)
- $3,991,410
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Benefit Plans Admin Services Inc | NONE | $35,778 | $0 | 2023 |