Plan Ledger DOL Form 5500 · updated monthly

West Virginia University Foundation, Inc403(b)

WEST VIRGINIA UNIVERSITY FOUNDATION DC RETIREMENT PLAN · MORGANTOWN, WV · plan year 2024

Employer contribution per participant · 2024
$11,944

West Virginia University Foundation, 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 $36,630,138 across 271 participant accounts, with employer contributions averaging $11,944 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 educational services employers. By assets it is the 53rd-largest of 265 plans among West Virginia employers on file, and the 1,135th of 3,091 in educational services. In 2024, the employer put in $57.90 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$36,630,138
Participants with balances271
Active participants137
Employer contributions$1,636,307
Employee contributions$28,262
Employer contribution per active participant$11,944
Average account balance$135,167
Benefits paid to participants$1,801,030
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.6M · 271 accts · $1.6M emplr
2023$32.1M · 271 accts · $1.6M emplr
2022$26.0M · 271 accts · $1.4M emplr
Employer contributions to the West Virginia University Foundation, Inc plan · 2024
Employer contribution per active participant$11,944
Median for plans this size$2,416
2024$11,944 per active participant
2023$11,071 per active participant
2022$10,417 per active participant

West Virginia University Foundation, 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022$1,475 · 0.01%
Similar plansEducational Services · West Virginia
University of Charleston WV$50.8M · 0.00%
Wheeling University WV$45.5M · 0.15%
Bethany College WV$32.6M · 0.04%
Davis & Elkins College WV$25.0M · 0.11%
Linsly School, Inc. WV$17.7M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 556017181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.