Thomas Health System, Inc.401(k)
THOMAS HEALTH SYSTEM 401(K) PLAN · SOUTH CHARLESTON, WV · plan year 2022
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Thomas Health System, Inc. reported $236,701 in plan administrative expenses for 2022: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,121 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 9,341 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 25th-largest of 265 plans among West Virginia employers on file, and the 1,263rd of 11,911 in health care & social assistance. In 2022, employees put in $1.47 for every $1.00 the employer contributed.
Thomas Health System, Inc.'s 2022 employer contribution ran below the $3,449 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 260440674 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.