Providence Health & Services 401(k) Plan

Providence Health & Services offers an employer match through their 401(k) plan. The latest filing shows $534.7M in employer contributions versus $858.4M in employee deferrals (a 62% ratio), consistent with a competitive match program. The exact match formula may vary by plan and employment status. Contact Providence Health & Services HR or your plan administrator for the specific match formula applicable to your situation.

You can access your Providence Health & Services 401(k) account through the plan provider's participant portal. The plan serves 88,899 active participants. If you're a current or former employee, use the login link above or contact the plan administrator at the phone number listed on this page. First-time users will need to register using their Social Security number and date of birth.

For 2026, Providence Health & Services 401(k) participants can contribute up to $24,500 in employee deferrals. Participants aged 50+ can contribute an additional $8,000 in catch-up contributions (total $32,500). Those aged 60-63 can make super catch-up contributions of $11,250 (total $35,750). Currently, Providence Health & Services participants contribute an average of $9,656 per year in employee deferrals. Employer contributions are separate from these limits.

Many Providence Health & Services 401(k) plans offer loan provisions. As of the latest filing, Providence Health & Services participants had $115.1M in outstanding loans (averaging $1,295 across participants with active loans). The IRS limits 401(k) loans to the lesser of $50,000 or 50% of your vested balance. With an average account balance of $113K in the Providence Health & Services plan, the maximum potential loan amount for a fully vested participant would vary accordingly. Check with your plan administrator for specific loan terms.

When you leave Providence Health & Services, you have several options for your 401(k): keep it in the plan (if the balance is over $7,000), roll it over to a new employer's plan, roll it to an IRA, or take a cash distribution (subject to taxes and potential penalties). In the most recent filing year, the plan processed $736.0M in distributions to departing or retired participants. Employer match contributions may be subject to a vesting schedule.

According to the most recent Form 5500 filing, the Providence Health & Services 401(k) plan has 88,899 active participants managing $10.1B in plan assets. The average account balance is $113K per participant, and the plan was originally established on N/A.

Many major employers, including Providence Health & Services, offer both traditional pre-tax and Roth after-tax 401(k) contribution options. Given that Providence Health & Services participants average $9,656 in annual deferrals, choosing between Roth and traditional depends on whether you expect your tax bracket to be higher or lower in retirement. Contact the Providence Health & Services plan administrator for availability.

The Providence Health & Services 401(k) plan typically offers a range of investment options including target-date funds, index funds, actively managed funds, and potentially company stock. The plan generated $2.7B in total investment income during the last filing year. Log into your account to see current investment options and performance.

Providence Health & Services (ICE) may offer company stock as an investment option within the 401(k) plan. Be mindful of concentration risk — financial advisors typically recommend limiting company stock to no more than 10-15% of your portfolio, especially given that your employment income already depends on Providence Health & Services's performance.