401k Plan data: PROVIDENCE BANK RETIREMENT PLAN plan

PROVIDENCE BANK RETIREMENT PLAN 401k Plan overview

Plan Name	PROVIDENCE BANK RETIREMENT PLAN
Plan identification number	001

PROVIDENCE BANK RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

PROVIDENCE BANK & TRUST has sponsored the creation of one or more 401k plans.

Company Name: PROVIDENCE BANK & TRUST

Employer identification number (EIN): 200241351

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROVIDENCE BANK RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 CLAIR JOHNSON
001 2016-01-01 CLAIR JOHNSON 2017-07-27
001 2015-01-01 CLAIR JOHNSON 2016-09-01
001 2012-01-01 CLAIR JOHNSON

Plan Statistics for PROVIDENCE BANK RETIREMENT PLAN

401k plan membership statisitcs for PROVIDENCE BANK RETIREMENT PLAN

Measure Date Value
2022: PROVIDENCE BANK RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 212
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 200
Number of retired or separated participants receiving benefits 2022-01-01 1
Number of other retired or separated participants entitled to future benefits 2022-01-01 29
Total of all active and inactive participants 2022-01-01 230
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 230
Number of participants with account balances 2022-01-01 211
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 9
2021: PROVIDENCE BANK RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 217
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 187
Number of retired or separated participants receiving benefits 2021-01-01 1
Number of other retired or separated participants entitled to future benefits 2021-01-01 24
Total of all active and inactive participants 2021-01-01 212
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 212
Number of participants with account balances 2021-01-01 187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 8
2020: PROVIDENCE BANK RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 218
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 193
Number of retired or separated participants receiving benefits 2020-01-01 1
Number of other retired or separated participants entitled to future benefits 2020-01-01 23
Total of all active and inactive participants 2020-01-01 217
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 217
Number of participants with account balances 2020-01-01 179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 5
2019: PROVIDENCE BANK RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 147
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 197
Number of retired or separated participants receiving benefits 2019-01-01 1
Number of other retired or separated participants entitled to future benefits 2019-01-01 20
Total of all active and inactive participants 2019-01-01 218
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 218
Number of participants with account balances 2019-01-01 178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 4
2018: PROVIDENCE BANK RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 148
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 133
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 13
Total of all active and inactive participants 2018-01-01 146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 1
Total participants 2018-01-01 147
Number of participants with account balances 2018-01-01 123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 3
2017: PROVIDENCE BANK RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 130
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 130
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 16
Total of all active and inactive participants 2017-01-01 146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 2
Total participants 2017-01-01 148
Number of participants with account balances 2017-01-01 122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 4
2012: PROVIDENCE BANK RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 70
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 87
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 1
Total of all active and inactive participants 2012-01-01 88
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 88
Number of participants with account balances 2012-01-01 75
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0

Measure	Date	Value
2022: PROVIDENCE BANK RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	212
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	200
Number of retired or separated participants receiving benefits	2022-01-01	1
Number of other retired or separated participants entitled to future benefits	2022-01-01	29
Total of all active and inactive participants	2022-01-01	230
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	230
Number of participants with account balances	2022-01-01	211
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	9
2021: PROVIDENCE BANK RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	217
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	187
Number of retired or separated participants receiving benefits	2021-01-01	1
Number of other retired or separated participants entitled to future benefits	2021-01-01	24
Total of all active and inactive participants	2021-01-01	212
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	212
Number of participants with account balances	2021-01-01	187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	8
2020: PROVIDENCE BANK RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	218
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	193
Number of retired or separated participants receiving benefits	2020-01-01	1
Number of other retired or separated participants entitled to future benefits	2020-01-01	23
Total of all active and inactive participants	2020-01-01	217
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	217
Number of participants with account balances	2020-01-01	179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	5
2019: PROVIDENCE BANK RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	147
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	197
Number of retired or separated participants receiving benefits	2019-01-01	1
Number of other retired or separated participants entitled to future benefits	2019-01-01	20
Total of all active and inactive participants	2019-01-01	218
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	218
Number of participants with account balances	2019-01-01	178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	4
2018: PROVIDENCE BANK RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	148
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	133
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	13
Total of all active and inactive participants	2018-01-01	146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	1
Total participants	2018-01-01	147
Number of participants with account balances	2018-01-01	123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	3
2017: PROVIDENCE BANK RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	130
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	130
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	16
Total of all active and inactive participants	2017-01-01	146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	2
Total participants	2017-01-01	148
Number of participants with account balances	2017-01-01	122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	4
2012: PROVIDENCE BANK RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	70
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	87
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	1
Total of all active and inactive participants	2012-01-01	88
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	88
Number of participants with account balances	2012-01-01	75
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0

Financial Data on PROVIDENCE BANK RETIREMENT PLAN

Measure	Date	Value
2022 : PROVIDENCE BANK RETIREMENT PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$369,879
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$681,124
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$642,240
Value of total corrective distributions	2022-12-31	$7,927
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$3,335,826
Value of total assets at end of year	2022-12-31	$17,365,436
Value of total assets at beginning of year	2022-12-31	$17,676,681
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$30,957
Total interest from all sources	2022-12-31	$11,847
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$1,114,645
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$1,114,645
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$1,283,530
Participant contributions at end of year	2022-12-31	$211,099
Participant contributions at beginning of year	2022-12-31	$185,506
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$1,679,331
Administrative expenses (other) incurred	2022-12-31	$665
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-311,245
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$17,365,436
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$17,676,681
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Investment advisory and management fees	2022-12-31	$20,325
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$17,152,285
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$17,491,175
Interest on participant loans	2022-12-31	$9,364
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$2,483
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-4,092,439
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$372,965
Employer contributions (assets) at end of year	2022-12-31	$2,052
Employer contributions (assets) at beginning of year	2022-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$642,240
Contract administrator fees	2022-12-31	$9,967
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	FORVIS, LLP
Accountancy firm EIN	2022-12-31	440160260
2021 : PROVIDENCE BANK RETIREMENT PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$3,804,019
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$662,069
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$624,815
Value of total corrective distributions	2021-12-31	$8,431
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,940,838
Value of total assets at end of year	2021-12-31	$17,676,681
Value of total assets at beginning of year	2021-12-31	$14,534,731
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$28,823
Total interest from all sources	2021-12-31	$7,609
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$1,411,394
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$1,411,394
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$1,101,340
Participant contributions at end of year	2021-12-31	$185,506
Participant contributions at beginning of year	2021-12-31	$94,711
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$507,082
Administrative expenses (other) incurred	2021-12-31	$595
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$3,141,950
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$17,676,681
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$14,534,731
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Investment advisory and management fees	2021-12-31	$18,924
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$17,491,175
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$14,431,589
Interest on participant loans	2021-12-31	$7,609
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$444,178
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$332,416
Employer contributions (assets) at end of year	2021-12-31	$0
Employer contributions (assets) at beginning of year	2021-12-31	$8,431
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$624,815
Contract administrator fees	2021-12-31	$9,304
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	FORVIS, LLP
Accountancy firm EIN	2021-12-31	440160260
2020 : PROVIDENCE BANK RETIREMENT PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$3,450,646
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$499,450
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$476,668
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,509,085
Value of total assets at end of year	2020-12-31	$14,534,731
Value of total assets at beginning of year	2020-12-31	$11,583,535
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$22,782
Total interest from all sources	2020-12-31	$7,233
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$568,595
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$568,595
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$1,035,316
Participant contributions at end of year	2020-12-31	$94,711
Participant contributions at beginning of year	2020-12-31	$179,556
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$148,483
Administrative expenses (other) incurred	2020-12-31	$1,693
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$2,951,196
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$14,534,731
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$11,583,535
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Investment advisory and management fees	2020-12-31	$12,773
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$14,431,589
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$11,379,585
Interest on participant loans	2020-12-31	$7,233
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$1,365,733
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$325,286
Employer contributions (assets) at end of year	2020-12-31	$8,431
Employer contributions (assets) at beginning of year	2020-12-31	$24,394
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$476,668
Contract administrator fees	2020-12-31	$8,316
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Unqualified
Accountancy firm name	2020-12-31	BKD, LLP
Accountancy firm EIN	2020-12-31	440160260
2019 : PROVIDENCE BANK RETIREMENT PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$4,068,414
Total income from all sources (including contributions)	2019-12-31	$4,068,414
Total loss/gain on sale of assets	2019-12-31	$0
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$209,706
Total of all expenses incurred	2019-12-31	$209,706
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$184,089
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$184,089
Value of total corrective distributions	2019-12-31	$6,464
Value of total corrective distributions	2019-12-31	$6,464
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$2,085,420
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$2,085,420
Value of total assets at end of year	2019-12-31	$11,583,535
Value of total assets at end of year	2019-12-31	$11,583,535
Value of total assets at beginning of year	2019-12-31	$7,724,827
Value of total assets at beginning of year	2019-12-31	$7,724,827
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$19,153
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$19,153
Total interest from all sources	2019-12-31	$10,486
Total interest from all sources	2019-12-31	$10,486
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$464,746
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$464,746
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$464,746
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$464,746
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$1,106,824
Contributions received from participants	2019-12-31	$1,106,824
Participant contributions at end of year	2019-12-31	$179,556
Participant contributions at end of year	2019-12-31	$179,556
Participant contributions at beginning of year	2019-12-31	$156,922
Participant contributions at beginning of year	2019-12-31	$156,922
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$610,027
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$610,027
Administrative expenses (other) incurred	2019-12-31	$375
Administrative expenses (other) incurred	2019-12-31	$375
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$3,858,708
Value of net income/loss	2019-12-31	$3,858,708
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$11,583,535
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$11,583,535
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$7,724,827
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$7,724,827
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Investment advisory and management fees	2019-12-31	$10,960
Investment advisory and management fees	2019-12-31	$10,960
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$11,379,585
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$11,379,585
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$7,557,722
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$7,557,722
Interest on participant loans	2019-12-31	$10,486
Interest on participant loans	2019-12-31	$10,486
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$1,507,762
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$1,507,762
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$368,569
Contributions received in cash from employer	2019-12-31	$368,569
Employer contributions (assets) at end of year	2019-12-31	$24,394
Employer contributions (assets) at end of year	2019-12-31	$24,394
Employer contributions (assets) at beginning of year	2019-12-31	$10,183
Employer contributions (assets) at beginning of year	2019-12-31	$10,183
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$184,089
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$184,089
Contract administrator fees	2019-12-31	$7,818
Contract administrator fees	2019-12-31	$7,818
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	BKD, LLP
Accountancy firm name	2019-12-31	BKD, LLP
Accountancy firm EIN	2019-12-31	440160260
Accountancy firm EIN	2019-12-31	440160260
2018 : PROVIDENCE BANK RETIREMENT PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$721,660
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$796,853
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$780,851
Value of total corrective distributions	2018-12-31	$1,391
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$1,020,022
Value of total assets at end of year	2018-12-31	$7,724,827
Value of total assets at beginning of year	2018-12-31	$7,800,020
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$14,611
Total interest from all sources	2018-12-31	$4,771
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$562,306
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$562,306
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$738,211
Participant contributions at end of year	2018-12-31	$156,922
Participant contributions at beginning of year	2018-12-31	$84,856
Participant contributions at end of year	2018-12-31	$0
Participant contributions at beginning of year	2018-12-31	$17,127
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$46,061
Administrative expenses (other) incurred	2018-12-31	$250
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-75,193
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$7,724,827
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$7,800,020
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Investment advisory and management fees	2018-12-31	$8,771
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$7,557,722
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$7,678,105
Interest on participant loans	2018-12-31	$4,771
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-865,439
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$235,750
Employer contributions (assets) at end of year	2018-12-31	$10,183
Employer contributions (assets) at beginning of year	2018-12-31	$19,932
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$780,851
Contract administrator fees	2018-12-31	$5,590
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	BKD, LLP
Accountancy firm EIN	2018-12-31	440160260
2017 : PROVIDENCE BANK RETIREMENT PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$2,175,632
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$244,267
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$231,684
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$1,029,945
Value of total assets at end of year	2017-12-31	$7,800,020
Value of total assets at beginning of year	2017-12-31	$5,868,655
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$12,583
Total interest from all sources	2017-12-31	$3,141
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$352,905
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$705,846
Participant contributions at end of year	2017-12-31	$84,856
Participant contributions at beginning of year	2017-12-31	$60,677
Participant contributions at end of year	2017-12-31	$17,127
Participant contributions at beginning of year	2017-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$101,248
Administrative expenses (other) incurred	2017-12-31	$300
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$1,931,365
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$7,800,020
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$5,868,655
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Investment advisory and management fees	2017-12-31	$9,280
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$7,678,105
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$5,807,978
Interest on participant loans	2017-12-31	$3,141
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$789,641
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$222,851
Employer contributions (assets) at end of year	2017-12-31	$19,932
Employer contributions (assets) at beginning of year	2017-12-31	$0
Income. Dividends from preferred stock	2017-12-31	$352,905
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$231,684
Contract administrator fees	2017-12-31	$3,003
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	BKD, LLP
Accountancy firm EIN	2017-12-31	440160260
2012 : PROVIDENCE BANK RETIREMENT PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$871,913
Expenses. Total of all expenses incurred	2012-12-31	$17,238
Benefits paid (including direct rollovers)	2012-12-31	$15,333
Total plan assets at end of year	2012-12-31	$2,104,533
Total plan assets at beginning of year	2012-12-31	$1,249,858
Value of fidelity bond covering the plan	2012-12-31	$124,986
Total contributions received or receivable from participants	2012-12-31	$337,276
Contributions received from other sources (not participants or employers)	2012-12-31	$260,453
Other income received	2012-12-31	$160,978
Net income (gross income less expenses)	2012-12-31	$854,675
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$2,104,533
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$1,249,858
Assets. Value of participant loans	2012-12-31	$58,842
Total contributions received or receivable from employer(s)	2012-12-31	$113,206
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$1,905
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0

Form 5500 Responses for PROVIDENCE BANK RETIREMENT PLAN

2022: PROVIDENCE BANK RETIREMENT PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: PROVIDENCE BANK RETIREMENT PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: PROVIDENCE BANK RETIREMENT PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: PROVIDENCE BANK RETIREMENT PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: PROVIDENCE BANK RETIREMENT PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: PROVIDENCE BANK RETIREMENT PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2012: PROVIDENCE BANK RETIREMENT PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	PROVIDENCE BANK & TRUST
Employer identification number (EIN):	200241351
NAIC Classification:	522110
NAIC Description:	Commercial Banking