Plan Ledger DOL Form 5500 · updated monthly

Providence Title Company401(k)

PROVIDENCE TITLE/RAMSEY & FOSTER 401(K) PLAN · ARLINGTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.43%

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

Providence Title Company reported $33,953 in plan administrative expenses for 2022: 0.43% of average plan assets, below the peer median. Employer contributions averaged $2,476 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Texas (3,530th of 5,688), and 4,238th of 4,798 in finance & insurance. In 2022, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,364,901
Participants with balances90
Active participants135
Employer contributions$334,272
Employee contributions$669,438
Employer contribution per active participant$2,476
Average account balance$81,832
Benefits paid to participants$533,193
Plan auditUnmodified (clean) audit opinion
AuditorHAGEN, SHARP & COMPANY, PLLC
The Providence Title Company 401(k) match · 2022
Employer contribution per active participant$2,476
Median for plans this size$1,114

Providence Title Company's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$33,953 · 0.43%
Same employer
Similar plansFinance & Insurance · Texas
City Credit Union TX$7.5M · 0.14%
Pilgrim Bancorporation TX$7.5M · 0.10%
Hometown Bank, NA TX$7.4M · 0.02%
R Bank Texas TX$7.1M · 0.04%
Obra Capital, Inc. TX$7.1M · 0.06%
Texas Champion Bank TX$7.1M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364627666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.