Plan Ledger DOL Form 5500 · updated monthly

Provident Title Company401(k)

PROVIDENT TITLE COMPANY INC 401(K) PROFIT SHARING PLAN & TRUST · ENCINO, CA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Provident Title Company reported $60,595 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,855 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 3 years on file its reported administrative ratio has held roughly steady near 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 4,636th-largest of 9,483 plans among California employers on file, and 3,633rd of 4,798 in finance & insurance. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has shrunk from 108 to 94 since 2022.

Plan summary
Net assets, end of year$13,669,344
Participants with balances104
Active participants94
Employer contributions$268,352
Employee contributions$637,446
Employer contribution per active participant$2,855
Average account balance$131,436
Benefits paid to participants$211,063
Plan auditUnmodified (clean) audit opinion
AuditorPOOLER CPA GROUP LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 104 accts · $268K emplr
2023$11.0M · 103 accts · $308K emplr
2022$8.9M · 107 accts · $367K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,149
Investment management$36,586
Trustee / custodial$860
Total administrative$60,595
The Provident Title Company 401(k) match · 2024
Employer contribution per active participant$2,855
Median for plans this size$2,416
2024$2,855 per active participant
2023$3,203 per active participant
2022$3,402 per active participant

Provident Title Company's 2024 employer contribution ran above 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 · 20242
PAYCHEX, INC. · Recordkeeping$23,337
GERBER KAWASAKI INC FBO HATEM DHIAB · Investment advisory (participants)$36,586

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

Recordkeeper by year2
2024Paychex
2023GERBER KAWASAKI INC FBO HATEM DHIAB, Paychex

This plan has changed recordkeepers within these filings. If you left Provident Title Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$60,595 · 0.49%
2023$48,544 · 0.49%
2022$45,037 · 0.47%
Similar plansFinance & Insurance · California
Amwest Funding Corp. CA$13.9M · 0.22%
US Metro Bank CA$13.8M · 0.26%
Aperture Group, LLC CA$13.7M · 0.27%
Meritage Medical Network CA$13.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954100304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.