Plan Ledger DOL Form 5500 · updated monthly

River Valley Child Development403(b)

RIVER VALLEY CHILD DEVELOPMENT 403(B) DC PLAN · HUNTINGTON, WV · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

River Valley Child Development reported $4,395 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,009 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 0.05% to 0.06%. 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 (161st of 265), and 6,697th of 11,911 in health care & social assistance. In 2024, employees put in $1.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,388,972
Participants with balances267
Active participants168
Employer contributions$337,582
Employee contributions$414,315
Employer contribution per active participant$2,009
Average account balance$27,674
Benefits paid to participants$541,387
Plan auditUnmodified (clean) audit opinion
AuditorSUTTLE & STALNAKER, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 267 accts · $338K emplr
2023$6.4M · 265 accts · $299K emplr
2022$5.2M · 263 accts · $290K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,395
Total administrative$4,395
Employer contributions to the River Valley Child Development plan · 2024
Employer contribution per active participant$2,009
Median for plans this size$1,313
2024$2,009 per active participant
2023$1,747 per active participant
2022$1,709 per active participant

River Valley Child Development's 2024 employer contribution ran above 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$2,100
MORGAN STANLEY · Other servicesindirect comp
WILSHIRE ADVISORS LLC · 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.

Administrative cost history3
2024$4,395 · 0.06%
2023$2,807 · 0.05%
2022$2,185 · 0.05%
Similar plansHealth Care & Social Assistance · West Virginia
Womencare, Inc. WV$8.4M · 0.75%
Change, Incorporated WV$7.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550706025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.