Plan Ledger DOL Form 5500 · updated monthly

West Virginia University Medical Corp. Charleston Division RetirementMoney purchase plan

WEST VIRGINIA UNIVERSITY MEDICAL CORP. CHARLESTON DIVISION RETIREMENT PLAN · CHARLESTON, WV · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

West Virginia University Medical Corp. Charleston Division Retirement reported $26,795 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $23,815 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 fell from 0.12% to 0.04%. 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 32nd-largest of 265 plans among West Virginia employers on file, and the 1,510th of 11,911 in health care & social assistance. active participation has shrunk from 167 to 136 since 2022.

Plan summary
Net assets, end of year$65,242,016
Participants with balances395
Active participants136
Employer contributions$3,238,906
Employee contributions—
Employer contribution per active participant$23,815
Average account balance$165,170
Benefits paid to participants$3,008,803
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$65.2M · 395 accts · $3.2M emplr
2023$58.4M · 406 accts · $3.7M emplr
2022$50.8M · 415 accts · $3.5M emplr
Employer contributions to the West Virginia University Medical Corp. Charleston Division Retirement plan · 2024
Employer contribution per active participant$23,815
Median for plans this size$3,635
2024$23,815 per active participant
2023$23,555 per active participant
2022$21,089 per active participant

West Virginia University Medical Corp. Charleston Division Retirement's 2024 employer contribution ran above the $3,635 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.

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 · 20241

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$26,795 · 0.04%
2023$68,435 · 0.13%
2022$67,574 · 0.12%
All plans at this employer2
WEST VIRGINIA UNIVERSITY MEDICAL CORP. CHARLESTON DIVISION RETIREMENT PLANMoney purchase plan
WEST VIRGINIA UNIVERSITY MEDICAL CORP. CHARLESTON DIVISION RETIREMENT PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · West Virginia
St. Mary's Medical Center WV$159.5M · 0.33%
Thomas Health System, Inc. WV$83.0M · 0.26%
Weirton Medical Center WV$60.6M · 0.31%
Davis Memorial Hospital WV$34.3M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550779739 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.