Plan Ledger DOL Form 5500 · updated monthly

Weirton Medical Center403(b)

WEIRTON MEDICAL CENTER SUPPLEMENTAL RETIREMENT INCOME PLAN · WEIRTON, WV · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Weirton Medical Center reported $181,456 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $703 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 0.29% to 0.31%. 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 34th-largest of 265 plans among West Virginia employers on file, and the 1,598th of 11,911 in health care & social assistance. In 2024, employees put in $3.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$60,642,066
Participants with balances1,135
Active participants1,341
Employer contributions$942,466
Employee contributions$3,229,574
Employer contribution per active participant$703
Average account balance$53,429
Benefits paid to participants$6,447,065
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$60.6M · 1,135 accts · $942K emplr
2023$54.9M · 1,091 accts · $885K emplr
2022$46.3M · 1,069 accts · $840K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$178,831
Total administrative$181,456
Employer contributions to the Weirton Medical Center plan · 2024
Employer contribution per active participant$703
Median for plans this size$3,635
2024$703 per active participant
2023$673 per active participant
2022$647 per active participant

Weirton Medical Center's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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.

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$181,456 · 0.31%
2023$148,382 · 0.29%
2022$144,785 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · West Virginia
Thomas Health System, Inc. WV$83.0M · 0.26%
Davis Memorial Hospital WV$34.3M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550387249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.