Plan Ledger DOL Form 5500 · updated monthly

Wirt County Health Association, Inc.401(k)

WIRT COUNTY HEALTH ASSOCIATION, INC. 401(K) PLAN · ELIZABETH, WV · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Wirt County Health Association, Inc. reported $41,706 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $1,767 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 0.63% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in West Virginia (178th of 265), and 7,500th of 11,911 in health care & social assistance. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 128 to 147 since 2022.

Plan summary
Net assets, end of year$5,740,614
Participants with balances123
Active participants147
Employer contributions$259,806
Employee contributions$465,325
Employer contribution per active participant$1,767
Average account balance$46,672
Benefits paid to participants$422,565
Plan auditUnmodified (clean) audit opinion
AuditorGRAY, GRIFFITH & MAYS, A.C.
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 123 accts · $260K emplr
2023$4.7M · 122 accts · $239K emplr
2022$3.8M · 127 accts · $233K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,706
Total administrative$41,706
The Wirt County Health Association, Inc. 401(k) match · 2024
Employer contribution per active participant$1,767
Median for plans this size$1,313
2024$1,767 per active participant
2023$1,943 per active participant
2022$1,819 per active participant

Wirt County Health Association, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
RAYMOND JAMES · Investment advisory (plan)$20,517
EMPOWER ADVISORY GROUP, LLC · Investment management$158
METRO BENEFITS INC · Contract administratorindirect 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$41,706 · 0.80%
2023$32,726 · 0.77%
2022$25,532 · 0.63%
Similar plansHealth Care & Social Assistance · West Virginia

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Source: U.S. Department of Labor, Form 5500 series, EIN 310942184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.