Plan Ledger DOL Form 5500 · updated monthly

West Virginia University Research Corporation403(b)

WEST VIRGINIA UNIVERSITY RESEARCH CORPORATION 403B DEFINED CONTRIBUTION PLAN · MORGANTOWN, WV · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

West Virginia University Research Corporation reported $19,451 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,991 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 0.09% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 47th-largest of 265 plans among West Virginia employers on file, and the 3,098th of 11,654 in professional & technical services. In 2024, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,342,832
Participants with balances1,428
Active participants583
Employer contributions$1,743,533
Employee contributions$2,223,536
Employer contribution per active participant$2,991
Average account balance$30,352
Benefits paid to participants$2,247,522
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.3M · 1,428 accts · $1.7M emplr
2023$36.7M · 1,347 accts · $1.6M emplr
2022$29.2M · 1,284 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,451
Total administrative$19,451
Employer contributions to the West Virginia University Research Corporation plan · 2024
Employer contribution per active participant$2,991
Median for plans this size$2,416
2024$2,991 per active participant
2023$2,951 per active participant
2022$2,801 per active participant

West Virginia University Research Corporation's 2024 employer contribution ran above 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 · 20241
FORVIS MAZARS, LLP · Accounting / audit$19,451

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$19,451 · 0.05%
2023$19,942 · 0.06%
2022$28,829 · 0.09%
Same employer
Similar plansProfessional & Technical Services · West Virginia
Jackson Kelly PLLC WV$147.4M · 0.10%
Bowles Rice LLP WV$73.3M · 0.52%
Bailey & Glasser PLLC WV$38.0M · 0.04%
Quality Insights, Inc. WV$30.5M · 0.16%
The Thrasher Group, Inc. WV$27.4M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550665758 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.