Plan Ledger DOL Form 5500 · updated monthly

March-Westin Company, Inc.ESOP

MARCH-WESTIN COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN · MORGANTOWN, WV · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

March-Westin Company, Inc. reported $26,062 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $9,059 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 0.14% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 82nd-largest of 265 plans among West Virginia employers on file, and the 2,085th of 5,337 in construction.

Plan summary
Net assets, end of year$19,181,419
Participants with balances99
Active participants85
Employer contributions$770,000
Employee contributions—
Employer contribution per active participant$9,059
Average account balance$193,752
Benefits paid to participants$1,397,580
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.2M · 99 accts · $770K emplr
2023$15.8M · 100 accts · $500K emplr
2022$15.3M · 110 accts · $560K emplr
Administrative expenses, itemized · 2024
Investment management$26,062
Total administrative$26,062
Employer contributions to the March-Westin Company, Inc. plan · 2024
Employer contribution per active participant$9,059
Median for plans this size$2,416
2024$9,059 per active participant
2023$5,556 per active participant
2022$6,512 per active participant

March-Westin Company, 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 · 20242
FIRST UNITED BANK & TRUST · Investment management$18,285
UNITED BROKERAGE SERVICES · Investment management$3,971

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$26,062 · 0.15%
2023$27,827 · 0.18%
2022$21,518 · 0.14%
Same employer
Similar plansConstruction · West Virginia
Kaley Group, Inc. WV$21.9M · 0.34%
Kanawha Stone Company, Inc. WV$20.8M · 0.53%
J. F. Allen Company WV$19.6M · 0.44%
Anderson Excavating, LLC WV$5.3M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550642527 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.