Plan Ledger DOL Form 5500 · updated monthly

Belington Community Medical Services Association Inc403(b)

BELINGTON COMMUNITY MEDICAL SERVICES 403(B) PLAN · BELINGTON, WV · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Belington Community Medical Services Association Inc reported $22,375 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $2,376 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.

Across the 1 year on file its reported administrative ratio rose from 0.39% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in West Virginia (185th of 265), and 7,735th of 11,911 in health care & social assistance. In 2024, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,316,247
Participants with balances131
Active participants107
Employer contributions$254,249
Employee contributions$419,966
Employer contribution per active participant$2,376
Average account balance$40,582
Benefits paid to participants$379,736
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$5.3M · 131 accts · $254K emplr
2023$4.6M · 138 accts · $313K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,375
Total administrative$22,375
The Belington Community Medical Services Association Inc 401(k) match · 2024
Employer contribution per active participant$2,376
Median for plans this size$1,313
2024$2,376 per active participant
2023$2,652 per active participant

Belington Community Medical Services Association Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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
EDWARD D JONES & CO LP · Investment advisory (plan)$19,592

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

Administrative cost history2
2024$22,375 · 0.45%
2023$16,395 · 0.39%
Similar plansHealth Care & Social Assistance · West Virginia

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 237310126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.