Plan Ledger DOL Form 5500 · updated monthly

Bluefield Regional Medical Center401(k)

BLUEFIELD REGIONAL MEDICAL CENTER RETIREMENT SAVINGS PLAN · BLUEFIELD, WV · plan year 2023

Reported admin expense ratio · 2023
0.63%

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

Bluefield Regional Medical Center reported $6,703 in plan administrative expenses for 2023: 0.63% of average plan assets, above the peer median. Employer contributions averaged $0 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 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in West Virginia (254th of 265), and 10,902nd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,006,338
Participants with balances168
Active participants12
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$5,990
Benefits paid to participants$278,199
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$993K · 155 accts
2023$1.0M · 168 accts
Administrative expenses, itemized · 2023
Investment management$6,703
Total administrative$6,703
The Bluefield Regional Medical Center 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Bluefield Regional Medical Center's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
SMITH & DOWNEY PA · Other services$6,703

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

Administrative cost history2
2024Not separately reported
2023$6,703 · 0.63%
Similar plansHealth Care & Social Assistance · West Virginia
Edgewood Summit, Inc. WV$1.3M · 0.99%
Defelicegroup, Inc. WV$1.2M · 0.23%
Elder Aide Services dba WV$666K · 1.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272372291 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.