Plan Ledger DOL Form 5500 · updated monthly

Rainelle Medical Center, Inc.403(b)

RAINELLE MEDICAL CENTER, INC. DC RETIREMENT PLAN · RAINELLE, WV · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Rainelle Medical Center, Inc. reported $20,068 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $605 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 0.07% to 0.23%. 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 (143rd of 265), and the 5,901st of 11,911 in health care & social assistance. In 2024, employees put in $5.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,407,246
Participants with balances248
Active participants243
Employer contributions$147,043
Employee contributions$800,478
Employer contribution per active participant$605
Average account balance$37,932
Benefits paid to participants$873,454
Plan auditUnmodified (clean) audit opinion
AuditorGRAY GRIFFITH & MAYS A.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 248 accts · $147K emplr
2023$8.3M · 235 accts · $136K emplr
2022$6.5M · 216 accts · $118K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,068
Total administrative$20,068
Employer contributions to the Rainelle Medical Center, Inc. plan · 2024
Employer contribution per active participant$605
Median for plans this size$1,313
2024$605 per active participant
2023$578 per active participant
2022$519 per active participant

Rainelle Medical Center, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20245
BAKER TILLY VANTAGEN · Recordkeeping · Pension consulting$5,777
PRINCIAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$14,241
PRINCIPAL SECURITIES · Other servicesindirect comp
WILSHIRE ASSOCIATES INCORPORATED · Investment advisory (plan)indirect 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
2024BAKER TILLY VANTAGEN, TIAA
2023TIAA

This plan has changed recordkeepers within these filings. If you left Rainelle Medical Center, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$20,068 · 0.23%
2023$12,862 · 0.17%
2022$5,114 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · West Virginia
Fmrs Health Systems, Inc. WV$10.0M · 0.51%
Womencare, Inc. WV$8.4M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550686113 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.