Plan Ledger DOL Form 5500 · updated monthly

Westbrook Health Services, Inc401(k)

EMPLOYEE BENEFIT PLAN OF WESTBROOK HEALTH SERVICES, INC. · PARKERSBURG, WV · plan year 2023

Reported admin expense ratio · 2023
0.20%

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

Westbrook Health Services, Inc reported $16,008 in plan administrative expenses for 2023: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,501 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 1 year on file its reported administrative ratio rose from 0.18% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in West Virginia (153rd of 265), and 6,337th of 11,911 in health care & social assistance. In 2023, employees put in $1.15 for every $1.00 the employer contributed; active participation has shrunk from 203 to 168 since 2022.

Plan summary
Net assets, end of year$8,272,516
Participants with balances436
Active participants168
Employer contributions$252,122
Employee contributions$290,026
Employer contribution per active participant$1,501
Average account balance$18,974
Benefits paid to participants$748,188
Plan auditUnmodified (clean) audit opinion
AuditorGRAY, GRIFFITH & MAYS A.C.
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $53K emplr
2023$8.3M · 436 accts · $252K emplr
2022$7.5M · 505 accts · $287K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,288
Total administrative$16,008
The Westbrook Health Services, Inc 401(k) match · 2023
Employer contribution per active participant$1,501
Median for plans this size$1,308
2023$1,501 per active participant
2022$1,415 per active participant

Westbrook Health Services, Inc's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$4,288

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$16,008 · 0.20%
2022$13,192 · 0.18%
All plans at this employer2
EMPLOYEE BENEFIT PLAN OF WESTBROOK HEALTH SERVICES, INC.401(k)
403(B) THRIFT PLAN OF WESTBROOK HEALTH SERVICES, INC.401(k)
Same employer
Similar plansHealth Care & Social Assistance · West Virginia
Womencare, Inc. WV$8.4M · 0.75%
Change, Incorporated WV$7.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550484662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.