Plan Ledger DOL Form 5500 · updated monthly

The Eye & Ear Clinic of Charleston, Inc.401(k)

THE EYE & EAR CLINIC OF CHARLESTON, INC., 401(K) PLAN · CHARLESTON, WV · plan year 2022

Reported admin expense ratio · 2022
0.35%

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

The Eye & Ear Clinic of Charleston, Inc. reported $19,892 in plan administrative expenses for 2022: 0.35% of average plan assets, below the peer median. Employer contributions averaged $1,929 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in West Virginia (172nd of 265), and 7,248th of 11,911 in health care & social assistance. In 2022, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,210,733
Participants with balances108
Active participants140
Employer contributions$270,012
Employee contributions$470,817
Employer contribution per active participant$1,929
Average account balance$57,507
Benefits paid to participants$223,745
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$800
Investment management$19,092
Total administrative$19,892
The The Eye & Ear Clinic of Charleston, Inc. 401(k) match · 2022
Employer contribution per active participant$1,929
Median for plans this size$1,114

The Eye & Ear Clinic of Charleston, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$19,892 · 0.35%
Same employer
Similar plansHealth Care & Social Assistance · West Virginia

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Source: U.S. Department of Labor, Form 5500 series, EIN 550526191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.