Plan Ledger DOL Form 5500 · updated monthly

Change, IncorporatedDC plan

403(B) THRIFT PLAN FOR EMPLOYEES OF CHANGE, INCORPORATED · WEIRTON, WV · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Change, Incorporated reported $1,317 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,037 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 2 years on file its reported administrative ratio rose from 0.016% to 0.020%. 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 (160th of 265), and 6,680th of 11,911 in health care & social assistance. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 197 to 218 since 2022.

Plan summary
Net assets, end of year$7,446,512
Participants with balances138
Active participants218
Employer contributions$225,974
Employee contributions$533,427
Employer contribution per active participant$1,037
Average account balance$53,960
Benefits paid to participants$151,462
Plan auditUnmodified (clean) audit opinion
AuditorGOFF BACKA ALFERA & COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 138 accts · $226K emplr
2023$5.9M · 125 accts · $186K emplr
2022$4.9M · 123 accts · $176K emplr
Employer contributions to the Change, Incorporated plan · 2024
Employer contribution per active participant$1,037
Median for plans this size$1,313
2024$1,037 per active participant
2023$928 per active participant
2022$896 per active participant

Change, Incorporated'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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,508

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,317 · 0.02%
2023$797 · 0.01%
2022$867 · 0.02%
Similar plansHealth Care & Social Assistance · West Virginia
Womencare, Inc. WV$8.4M · 0.75%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 550629135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.