Plan Ledger DOL Form 5500 · updated monthly

Monongahela Valley Hospital, Inc.401(k)

MONONGAHELA VALLEY HOSPITAL, INC. 401(K) PLAN & TRUST 002 · MONONGAHELA, PA · plan year 2023

Reported admin expense ratio · 2023
0.78%

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

Monongahela Valley Hospital, Inc. reported $179,529 in plan administrative expenses for 2023: 0.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,007 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 1 year on file its reported administrative ratio rose from 0.73% to 0.78%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,359th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,192nd of 11,911 in health care & social assistance. In 2023, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,622,366
Participants with balances531
Active participants382
Employer contributions$766,740
Employee contributions$1,825,547
Employer contribution per active participant$2,007
Average account balance$46,370
Benefits paid to participants$2,984,059
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$24.6M · 531 accts · $767K emplr
2022$21.5M · 541 accts · $724K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$134,188
Investment management$45,341
Total administrative$179,529
The Monongahela Valley Hospital, Inc. 401(k) match · 2023
Employer contribution per active participant$2,007
Median for plans this size$2,440
2023$2,007 per active participant
2022$1,700 per active participant

Monongahela Valley Hospital, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$134,188
J P MORGAN SECURITIES LLC · Investment advisory (plan)$45,341

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

Administrative cost history2
2023$179,529 · 0.78%
2022$180,326 · 0.73%
All plans at this employer2
MONONGAHELA VALLEY HOSPITAL, INC. 401(K) PLAN & TRUST 002401(k)
MONONGAHELA VALLEY HOSPITAL, INC. 401(K) PLAN & TRUST 003401(k)
Similar plansHealth Care & Social Assistance · Pennsylvania
Horizon House, Inc. PA$24.8M · 0.24%
Inglis Foundation PA$24.8M · 0.31%
The Mennonite Home PA$24.5M · 0.32%
Pma Medical Specialists PA$24.4M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237218917 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.