Weirton Geriatric Center, Inc.ESOP
WEIRTON GERIATRIC CENTER, INC. EMPLOYEES' STOCK OWNERSHIP PLAN · WEIRTON, WV · plan year 2024
Weirton Geriatric Center, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $27,750,588 across 289 participant accounts, with employer contributions averaging $13,277 per active participant. See methodology for what Form 5500 does and doesn't capture.
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 63rd-largest of 265 plans among West Virginia employers on file, and the 2,932nd of 11,911 in health care & social assistance. active participation has grown from 126 to 144 since 2022.
Weirton Geriatric Center, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 550606587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.