Plan Ledger DOL Form 5500 · updated monthly

Provider Resources, Inc.401(k)

PROVIDER RESOURCES, INC. 401(K) PLAN · ERIE, PA · plan year 2022

Employer contribution per participant · 2022
$2,559

Provider Resources, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $4,153,675 across 80 participant accounts, with employer contributions averaging $2,559 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 Pennsylvania (2,992nd of 3,651), and 4,507th of 4,798 in finance & insurance. In 2022, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,153,675
Participants with balances80
Active participants56
Employer contributions$143,319
Employee contributions$276,951
Employer contribution per active participant$2,559
Average account balance$51,921
Benefits paid to participants$1,395,898
Plan auditUnmodified (clean) audit opinion
AuditorFELIX & GLOEKER, P.C.
The Provider Resources, Inc. 401(k) match · 2022
Employer contribution per active participant$2,559
Median for plans this size$1,114

Provider Resources, Inc.'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.

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Source: U.S. Department of Labor, Form 5500 series, EIN 800077353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.