Plan Ledger DOL Form 5500 · updated monthly

Ascendhr, LLC.401(k)

ASCENDHR RETIREMENT SAVINGS PLAN · BECKLEY, WV · plan year 2024

Reported admin expense ratio · 2024
0.32%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Ascendhr, LLC. reported $15,831 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $934 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in West Virginia (191st of 265), and 1,448th of 2,534 in administrative & support services. In 2024, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,892,271
Participants with balances282
Active participants330
Employer contributions$308,128
Employee contributions$634,030
Employer contribution per active participant$934
Average account balance$17,348
Benefits paid to participants$14,437
Plan auditUnmodified (clean) audit opinion
AuditorHESS, STEWART, & CAMPBELL, PLLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,038
Investment management$535
Trustee / custodial$258
Total administrative$15,831
The Ascendhr, LLC. 401(k) match · 2024
Employer contribution per active participant$934
Median for plans this size$1,313

Ascendhr, LLC.'s 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$9,795
CHARLES SCHWAB BANK · Custodial (securities) · Loan processing$258

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$15,831 · 0.32%
Similar plansAdministrative & Support Services · West Virginia
Williams Lea LLC WV$164.9M · 0.12%
Magna Associates, Inc. FL$4.9M · 0.25%
Fourth Avenue Holding LLC KS$4.9M · 0.67%
World Travel Service, LLC TN$4.9M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 872071253 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.