401(k) · DOL Form 5500 · 2024

Providence Bank & Trust 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
194
Participants Below avg headcount
74th
Percentile by assets National rank
$129,269
Avg per participant Near avg balance/head
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Official DOL plan name: Providence Bank Retirement Plan · Sponsored by Providence Bank & Trust · Illinois · Finance & Insurance

$25M in assets, 194 participants

Providence Bank & Trust's Providence Bank Retirement Plan reported $25M in total assets and 194 participants in its 2024 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.

  • #5,187 in Finance & Insurance (8,549 peers)

Coverage in Illinois

Providence Bank Retirement Plan covers 194 participants in Illinois, about 25% of the average Illinois filer (state average ~779 per filing). Assets: $25M.

#5,187
in Finance & Insurance (8,549 peers)
+17.4%
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 2024 · DOL Form 5500

$25,078,161 Top 26% higher than 74% of 123,620 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 2024

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

Plan-year 2024 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 (194 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Providence Bank Retirement Plan end-of-year assets rose from $21M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Providence Bank Retirement Plan reported net income fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Providence Bank Retirement Plan reported participants fell from 200 in the plan year 2023 filing to 194 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 200241351 · Providence Bank & Trust PY 2024 · 401(k)

Providence Bank Retirement Plan · $25M · 194 · 74th

  • EOY $25M
  • EOY 194
  • EOY 74th
  • EOY 401(k)
  • EOY near Mccandlish Holton, PC 401(k) Profit-Sharing Plan
  • EOY ind #5187

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…$25MMccandlish Holton, PC 401(k) Profit-Sharing PlanMccandlish Holton, PC 401(k)…$25MHovione LLC 401(k) Profit Sharing PlanHovione LLC 401(k) Profit Sh…$25MWashington Financial Bank 401(k) PlanWashington Financial Bank 40…$25MTelit North America 401(k) PlanTelit North America 401(k) P…$25M
End-of-year total assets ($M) among Providence Bank Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$25M
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 -50510152025 Total assets ($B) Participants Providence Bank Retirement Plan, Total assets ($B): 0.025078161 · Participants: 194Providence Bank Retirement PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Providence Bank Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

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

Outside Illinois, the nearest 401(k) by assets is Mccandlish Holton, PC 401(k) Profit-Sharing Plan in VA ($25M); by covered participants it is Aphl 401(k) Pension Plan in MD (194 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($25M here).

Similar participant headcount

Nearest other-state filings by covered participants (194 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Providence Bank Retirement Plan grew sharply - up 17.4% during 2024, from $21M to $25M. 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 Mccandlish Holton, PC 401(k) Profit-Sharing Plan in VA ($25M, 85 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 Aphl 401(k) Pension Plan in MD (194 participants, $40M in assets).