Plan Ledger DOL Form 5500 · updated monthly

Wcm Physicians Practices, LLC401(k)

WMC PHYSICIANS PRACTICES, LLC 401(K) PLAN · WEIRTON, WV · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Wcm Physicians Practices, LLC reported $71,409 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,140 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 0.28% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 65th-largest of 265 plans among West Virginia employers on file, and the 3,125th of 11,911 in health care & social assistance. In 2024, employees put in $3.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,389,234
Participants with balances394
Active participants296
Employer contributions$633,325
Employee contributions$1,917,758
Employer contribution per active participant$2,140
Average account balance$64,440
Benefits paid to participants$1,157,052
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.4M · 394 accts · $633K emplr
2023$20.9M · 373 accts · $629K emplr
2022$16.6M · 353 accts · $482K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,259
Total administrative$71,409
The Wcm Physicians Practices, LLC 401(k) match · 2024
Employer contribution per active participant$2,140
Median for plans this size$2,416
2024$2,140 per active participant
2023$2,160 per active participant
2022$1,607 per active participant

Wcm Physicians Practices, LLC's 2024 employer contribution ran below the $2,416 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
CARNEGIE INVESTMENT COUNCELindirect 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$71,409 · 0.31%
2023$56,104 · 0.30%
2022$49,051 · 0.28%
Similar plansHealth Care & Social Assistance · West Virginia
Weirton Medical Center WV$60.6M · 0.31%
Davis Memorial Hospital WV$34.3M · 0.35%
Retina Consultants, PLLC WV$20.1M · 0.04%
Pleasant Valley Hospital WV$19.6M · 0.32%
Kanawha Hospice Care, Inc. WV$19.4M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461883875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.