Plan Snapshot
- Plan Sponsor: Provident, INC.
- Sponsor EIN: 430652630
- Sponsor Address: 2650 OLIVE STREET, ST. LOUIS, MO, 63103
- Plan Type: 401(k)
- Total Participants: 117
- Total Assets: $2.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 117 | $2.5M | $41,848 | $301,780 |
| 2023 | 97 | $2.1M | $38,711 | $302,836 |
| 2022 | 126 | $1.6M | $30,044 | $256,812 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| T. ROWE PRICE | Other Service Provider | $15,062 | — | $15,062 |
| ONE AMERICA RETIREMENT SERVICES LLC | Other Service Provider | $12,455 | — | $12,455 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,517
- Estimated Expense Ratio: 1.110% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $27,517 | — | $15,062 | — | — |
| 2023 | $24,947 | — | — | — | — |
| 2022 | $27,090 | — | — | — | $27,090 |