Plan Ledger DOL Form 5500 · updated monthly

St. Mary's Medical Center403(b)

ST. MARY'S MEDICAL CENTER 403(B) PLAN · HUNTINGTON, WV · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

St. Mary's Medical Center reported $503,010 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,285 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 13th-largest of 265 plans among West Virginia employers on file, and the 759th of 11,911 in health care & social assistance. In 2024, employees put in $1.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$159,475,310
Participants with balances4,283
Active participants3,704
Employer contributions$8,465,319
Employee contributions$9,646,653
Employer contribution per active participant$2,285
Average account balance$37,234
Benefits paid to participants$23,890,917
Plan auditUnmodified (clean) audit opinion
AuditorSUTTLE & STALNAKER, PLLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$467,293
Investment management$35,000
Total administrative$503,010
Employer contributions to the St. Mary's Medical Center plan · 2024
Employer contribution per active participant$2,285
Median for plans this size$3,635

St. Mary's Medical Center's 2024 employer contribution ran below the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$226,712
MORGAN STANLEY · Investment advisory (plan)$35,000

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

Administrative cost history1
2024$503,010 · 0.33%
All plans at this employer2
ST. MARY'S MEDICAL CENTER 403(B) PLAN403(b)
ST. MARY'S MEDICAL CENTER 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · West Virginia
Wvu Health System WV$1.8B · 0.13%
Camc Health System, Inc. WV$852.8M · 0.13%
Wvu Medical Corporation WV$392.4M · 0.06%
Thomas Health System, Inc. WV$83.0M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550357050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.