Plan Ledger DOL Form 5500 · updated monthly

Providence Holding, Inc401(k)

PROVIDENCE ENGINEERING & ENVIRONMENTAL GROUP, LLC 401(K) PENSION PLAN · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.43%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Providence Holding, Inc reported $47,282 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,093 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.39% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 380th-largest of 884 plans among Louisiana employers on file, and 7,365th of 11,654 in professional & technical services. In 2024, employees put in $2.75 for every $1.00 the employer contributed; active participation has grown from 97 to 116 since 2022.

Plan summary
Net assets, end of year$12,092,180
Participants with balances145
Active participants116
Employer contributions$242,748
Employee contributions$667,676
Employer contribution per active participant$2,093
Average account balance$83,394
Benefits paid to participants$1,080,320
Plan auditUnmodified (clean) audit opinion
AuditorLAPORTE, A PROFESSIONAL ACCOUNTING
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 145 accts · $243K emplr
2023$10.1M · 154 accts · $200K emplr
2022$8.6M · 148 accts · $139K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,282
Total administrative$47,282
The Providence Holding, Inc 401(k) match · 2024
Employer contribution per active participant$2,093
Median for plans this size$2,416
2024$2,093 per active participant
2023$1,773 per active participant
2022$1,434 per active participant

Providence Holding, Inc's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
SENTINEL PENSION AND PAYROLL · Recordkeeping · Loan processing$2,578
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$44,739
CETERA INVESTMENT ADVISORS · Investment advisory (plan)indirect comp
CETERA ADVISORS · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024SENTINEL PENSION AND PAYROLL
2023SENTINEL PENSION AND PAYROLL

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$47,282 · 0.43%
2023$39,649 · 0.42%
2022$38,288 · 0.39%
All plans at this employer2
PROVIDENCE ENGINEERING & ENVIRONMENTAL GROUP, LLC 401(K) PENSION PLAN401(k)
PROVIDENCE HOLDING, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansProfessional & Technical Services · Louisiana
S & W Payroll Services, LLC LA$15.8M · 0.54%
Jm Test Systems, Inc. LA$14.1M · 0.49%
Southern Power Systems, Inc LA$10.5M · 0.57%
Polaris Epc Inc. LA$10.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460913058 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.