Plan Ledger DOL Form 5500 · updated monthly

Eastern Panhandle Mental Healt401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF EASTERN PANHANDLE MENTAL HEALTH CENTER, INC. DBA EASTRIDGE HEALTH SYSTEMS · MARTINSBURG, WV · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Eastern Panhandle Mental Healt reported $1,467 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $937 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 0.02% to 0.03%. 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 (180th of 265), and 7,521st of 11,911 in health care & social assistance. In 2024, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,700,488
Participants with balances184
Active participants210
Employer contributions$196,781
Employee contributions$253,321
Employer contribution per active participant$937
Average account balance$30,981
Benefits paid to participants$1,024,605
Plan auditUnmodified (clean) audit opinion
AuditorBROWN, EDWARDS AND COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 184 accts · $197K emplr
2023$5.7M · 149 accts · $182K emplr
2022$5.2M · 168 accts · $190K emplr
The Eastern Panhandle Mental Healt 401(k) match · 2024
Employer contribution per active participant$937
Median for plans this size$1,313
2024$937 per active participant
2023$690 per active participant
2022$816 per active participant

Eastern Panhandle Mental Healt'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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,102
EQUITABLE FINANCIAL LIFE INSURANCE · Loan processingindirect comp

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$1,467 · 0.03%
2023$1,190 · 0.02%
2022$942 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · West Virginia

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Source: U.S. Department of Labor, Form 5500 series, EIN 237116164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.