Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Provident Financial Services
Provident Financial Services 401(k)
- PFS NYSE
- Finance and insurance
- Iselin, NJ
- EIN 22-1211130
- 2 plans with Schedule H financials
- Plan year 2024
- Provident Financial Services, Inc.
- filed as Provident Bank
- SEC registrant Provident Financial Services Inc
Administrative expenses excluding investment management, per participant · largest plan, Provident Bank 401(k) Plan · plan year 2024
$89.25
Higher than 47% of the 8,758 plans $50 to 250M that report it.
Source
= $136,200 / 1,526
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250717150601NAL0000520833001, received 2025-07-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250717150601NAL0000520833001, received 2025-07-17
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-17.
Largest plan, all six figures: Provident Bank 401(k) Plan
Administrative expenses excluding investment management, per participantheadline
$89.25
Higher than 47% of the 8,758 plans $50 to 250M that report it.
Source
= $136,200 / 1,526
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250717150601NAL0000520833001, received 2025-07-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250717150601NAL0000520833001, received 2025-07-17
Administrative expenses per participant
$89.25
Higher than 31% of the 9,042 plans $50 to 250M that report it.
Source
= $136,200 / 1,526
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250717150601NAL0000520833001, received 2025-07-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250717150601NAL0000520833001, received 2025-07-17
Administrative expenses as a share of assets
0.074%
Higher than 28% of the 9,049 plans $50 to 250M that report it.
Source
= $136,200 / $184,354,407
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250717150601NAL0000520833001, received 2025-07-17
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250717150601NAL0000520833001, received 2025-07-17
Employer contributions per participant
$1,014
Higher than 11% of the 9,105 plans $50 to 250M that report it.
Source
= $1,547,195 / 1,526
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250717150601NAL0000520833001, received 2025-07-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250717150601NAL0000520833001, received 2025-07-17
Employer share of total contributions
10.1%
Higher than 4% of the 9,112 plans $50 to 250M that report it.
Source
= $1,547,195 / $15,347,989
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250717150601NAL0000520833001, received 2025-07-17
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250717150601NAL0000520833001, received 2025-07-17
Plan terms, as stated in Provident Financial Services, Inc.'s SEC filings
Employer match
“In 2025, employer matching contributions were made by the Bank in an amount equal to 50% of the first 8% of a participant’s eligible contributions.”
Form 11-K filed 2026-06-29, for the year ended 2025-12-31 · plan description note, contributions · source document
Eligibility
“Employees of the Bank are generally eligible to participate in the Plan on the first day of the month on or after they reach age 21 if they are actively at work on that day.”
Form 11-K filed 2026-06-29, for the year ended 2025-12-31 · plan description note, eligibility · source document
Vesting
“Participants are always fully vested in their contributions, Provident employer matching contributions, and income or losses thereon.”
Form 11-K filed 2026-06-29, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“All new employees are automatically enrolled in the Plan 30 days after they first become eligible with an automatic participant contribution percentage of 4% of eligible compensation.”
Form 11-K filed 2026-06-29, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
Plans sponsored
| Plan | Assets | Participants with a balance | Headline | Year |
|---|---|---|---|---|
| Provident Bank 401(k) Plan | $184,354,407 | 1,526 | $89.25 administrative expenses excl. investment management, per participant | 2024 |
| Lakeland Bancorp, Inc. Salary Savings 401(k) Plan and Trust | $107,514,165 | 926 | $131.43 administrative expenses excl. investment management, per participant | 2024 |
Alerts, claims and corrections
Sponsor name as filed: PROVIDENT BANK; SEC registrant: PROVIDENT FINANCIAL SERVICES INC (CIK 1178970, matched by 11-K plan title; display name from the Form 11-K cover).