401(k) · DOL Form 5500 · 2023

Providence Bank & Trust 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
200
Participants Below avg headcount
74th
Percentile by assets National rank
$106,784
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Providence Bank Retirement Plan · Sponsored by Providence Bank & Trust · Illinois · Finance & Insurance

$21M in assets, 200 participants

Providence Bank & Trust's Providence Bank Retirement Plan reported $21M in total assets and 200 participants in its 2023 DOL Form 5500 filing, ranking in the 74th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,388 in Finance & Insurance (8,869 peers)

Coverage in Illinois

Providence Bank Retirement Plan covers 200 participants in Illinois, about 26% of the average Illinois filer (state average ~779 per filing). Assets: $21M.

#5,388
in Finance & Insurance (8,869 peers)
+23.0%
assets growth YoY

Providence Bank Retirement Plan's outsized position by total assets

Providence Bank Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$21,356,846 Top 26% higher than 74% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Providence Bank Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Providence Bank Retirement Plan sits mid-pack in the medium band (200 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Providence Bank Retirement Plan reported net income rose from -$311K in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Providence Bank Retirement Plan end-of-year assets rose from $17M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Providence Bank Retirement Plan reported participants rose from 187 in the plan year 2022 filing to 200 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 200241351 · Providence Bank & Trust PY 2023 · 401(k)

Providence Bank Retirement Plan · $21M · 200 · 74th

  • 5500 $21M
  • 5500 200
  • 5500 74th
  • 5500 401(k)
  • 5500 near Kiel Center 401(k) Plan
  • 5500 ind #5388

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Illinois →

Providence Bank Retirement Plan in the asset neighbourhood

Providence Bank Retirement PlanProvidence Bank Retirement P…$21MKiel Center 401(k) Plan$21MThe Depository Trust & Clearing Corporation Operations Level Employee Savings PlanThe Depository Trust & Clear…$21MMcconkey Auction Group 401(k) Profit Sharing PlanMcconkey Auction Group 401(k…$21MLiberated Brands, LLC 401(k) PlanLiberated Brands, LLC 401(k)…$21M
End-of-year total assets ($M) among Providence Bank Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$21M
Net Income$4M
Employer EIN200241351
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Providence Bank & Trust)

Sponsor-wide plan assets over time

All Providence Bank & Trust plans reported in each filing year

Latest sponsor-wide plan assets
$25M 44.41423181082237% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.4M $25.1M ▲ +44.4%
Year Plans Participants Total Assets
2022 1 187 $17M
2023 1 200 $21M
2024 1 194 $25M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Providence Bank Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Providence Bank Retirement Plan, Total assets ($B): 0.021356846 · Participants: 200Providence Bank Retirement PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Providence Bank Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Providence Bank Retirement Plan side-by-side with 3 peers →

Providence Bank Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Kiel Center 401(k) Plan in MO ($21M); by covered participants it is Sjo Kids, Inc. 401(k) Plan in OH (200 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (200 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Providence Bank Retirement Plan assets move in 2023? ▼
Providence Bank Retirement Plan grew sharply - up 23.0% during 2023, from $17M to $21M. Reported net income was $4M.
How have Providence Bank & Trust plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Providence Bank & Trust's sponsor-wide assets grew 44.4%, from $17M to $25M.
Which 401(k) plans are similar in size to Providence Bank Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kiel Center 401(k) Plan in MO ($21M, 422 participants).
Which 401(k) plans cover a similar participant headcount to Providence Bank Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sjo Kids, Inc. 401(k) Plan in OH (200 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 200241351.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.