Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Provident Savings Bank FSB Employee Stock Ownership Plan
Provident Savings Bank FSB Employee Stock Ownership Plan 401(k)
- Finance and insurance
- Riverside, CA
- EIN 95-6024097
- 1 plan with Schedule H financials
- Plan year 2024
- Provident Savings Bank, FSB Employee Stock Ownership Plan
- filed as Provident Savings Bank
Administrative expenses excluding investment management, per participant · Provident Savings Bank 401(k) Plan · plan year 2024
$160.10
Higher than 64% of the 24,371 plans $10 to 50M that report it.
Source
= $44,187 / 276
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014150334NAL0003228945001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014150334NAL0003228945001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans $10 to 50M 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 2025-10-14.
Cost and contributions
Administrative expenses per participant
$250.68
Higher than 62% of the 25,098 plans $10 to 50M that report it.
Source
= $69,187 / 276
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014150334NAL0003228945001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014150334NAL0003228945001, received 2025-10-14
Administrative expenses as a share of assets
0.171%
Higher than 30% of the 25,132 plans $10 to 50M that report it.
Source
= $69,187 / $40,553,240
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014150334NAL0003228945001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014150334NAL0003228945001, received 2025-10-14
Employer contributions per participant
$958
Higher than 17% of the 24,050 plans $10 to 50M that report it.
Source
= $264,290 / 276
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014150334NAL0003228945001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014150334NAL0003228945001, received 2025-10-14
Employer share of total contributions
21.1%
Higher than 27% of the 24,084 plans $10 to 50M that report it.
Source
= $264,290 / $1,250,504
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014150334NAL0003228945001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014150334NAL0003228945001, received 2025-10-14
Plan terms, as stated in Provident Savings Bank, FSB Employee Stock Ownership Plan's SEC filings
Plan terms are not published in public filings.
Plan features
2E profit-sharing · 3D IRS pre-approved plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2F ERISA 404(c) plan · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014150334NAL0003228945001, received 2025-10-14
Full record, Provident Savings Bank 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | PROVIDENT SAVINGS BANK | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Plan name | PROVIDENT SAVINGS BANK 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Sponsor EIN / plan number | 95-6024097 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Sponsor location | RIVERSIDE, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Industry (business code) | 522120, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Participants, beginning of year | 332 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Active participants | 169 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Participants, end of year | 308 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Participants with an account balance | 276 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Total assets, beginning of year | $39,260,244 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Total assets, end of year | $40,553,240 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Net assets, end of year | $40,553,240 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Total income | $5,501,498 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Net income | $1,292,996 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Employer contributions | $264,290 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Participant contributions | $829,171 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $157,043 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Total contributions | $1,250,504 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Benefit payments | $4,139,315 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $4,208,502 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Total administrative expenses | $69,187 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Contract administrator fees | $33,487 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| IQPA audit fees | $10,700 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Investment advisory and management fees | $25,000 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Administrative expenses excluding investment management | $44,187 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Held in common/collective trusts | $2,596,705 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Held in mutual funds | $37,534,744 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014150334NAL0003228945001, received 2025-10-14 |
| Independent auditor | ROORDA, PIQUET & BESSEE, INC. CPAS | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014150334NAL0003228945001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014150334NAL0003228945001, received 2025-10-14.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC.recordkeeper | NONE | 99 Other fees; 37 Participant loan processing; 64 Recordkeeping fees; 50 Direct payment from the plan; 15 Recordkeeping and information management; 52 Investment management fees paid indirectly by plan; 68 Soft dollars commissions | $33,487 | yes |
| QP ADVISORY LLC | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $25,000 | no |
| ROORDA PIQUET & BESSEE INC | NONE | 99 Other fees; 10 Accounting (including auditing); 50 Direct payment from the plan | $10,700 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251014150334NAL0003228945001, received 2025-10-14.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $39,260,244 | $40,553,240 | 3.3% |
| Participants with a balance | 293 | 276 | -5.8% |
| Administrative expenses | $67,996 | $69,187 | 1.8% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $310,873 | $264,290 | -15.0% |
Prior filing 20241011101123NAL0010801507001, received 2024-10-11; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: PROVIDENT SAVINGS BANK; SEC registrant: Provident Savings Bank, FSB Employee Stock Ownership Plan (CIK 2058440, matched by EIN).