Plan Ledger DOL Form 5500 · updated monthly

Legal Aid of West Virginia, Inc.DC plan

LEGAL AID OF WV DC RETIREMENT PLAN · CHARLESTON, WV · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Legal Aid of West Virginia, Inc. reported $26,563 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $4,757 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 0.12% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 77th-largest of 265 plans among West Virginia employers on file, and the 5,477th of 11,654 in professional & technical services. In 2024, the employer put in $2.37 for every $1.00 employees contributed themselves; active participation has grown from 162 to 180 since 2022.

Plan summary
Net assets, end of year$20,377,903
Participants with balances284
Active participants180
Employer contributions$856,182
Employee contributions$362,006
Employer contribution per active participant$4,757
Average account balance$71,753
Benefits paid to participants$896,482
Plan auditUnmodified (clean) audit opinion
AuditorHERMAN & CORMANY, CPAS, A.C.
Plan history3
Yearassets · accounts · employer contribution
2024$20.4M · 284 accts · $856K emplr
2023$18.0M · 273 accts · $793K emplr
2022$15.3M · 255 accts · $725K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,563
Total administrative$26,563
Employer contributions to the Legal Aid of West Virginia, Inc. plan · 2024
Employer contribution per active participant$4,757
Median for plans this size$2,416
2024$4,757 per active participant
2023$4,807 per active participant
2022$4,476 per active participant

Legal Aid of West Virginia, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241

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

Administrative cost history3
2024$26,563 · 0.14%
2023$21,853 · 0.13%
2022$18,990 · 0.12%
Similar plansProfessional & Technical Services · West Virginia
Bailey & Glasser PLLC WV$38.0M · 0.04%
Quality Insights, Inc. WV$30.5M · 0.16%
The Thrasher Group, Inc. WV$27.4M · 0.23%
The Library Corporation WV$19.0M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311789739 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.