Plan Ledger DOL Form 5500 · updated monthly

Womencare, Inc.401(k)

WOMENCARE, INC. 401(K) PLAN · SCOTT DEPOT, WV · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Womencare, Inc. reported $58,092 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $722 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 0.35% to 0.75%. 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 (152nd of 265), and 6,298th of 11,911 in health care & social assistance. In 2024, employees put in $3.74 for every $1.00 the employer contributed; active participation has grown from 246 to 284 since 2022.

Plan summary
Net assets, end of year$8,368,036
Participants with balances161
Active participants284
Employer contributions$204,968
Employee contributions$766,257
Employer contribution per active participant$722
Average account balance$51,975
Benefits paid to participants$533,843
Plan auditUnmodified (clean) audit opinion
AuditorGRAYGRIFFITH&MAYS
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 161 accts · $205K emplr
2023$7.1M · 159 accts · $180K emplr
2022$6.1M · 136 accts · $155K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,855
Investment management$24,237
Total administrative$58,092
The Womencare, Inc. 401(k) match · 2024
Employer contribution per active participant$722
Median for plans this size$1,313
2024$722 per active participant
2023$564 per active participant
2022$631 per active participant

Womencare, Inc.'s 2024 employer contribution ran below 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$33,855
MCKINLEY CARTER WEALTH SERVICES · Investment advisory (plan)$18,059
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,178

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$58,092 · 0.75%
2023$46,747 · 0.71%
2022$22,393 · 0.35%
Similar plansHealth Care & Social Assistance · West Virginia
Fmrs Health Systems, Inc. WV$10.0M · 0.51%
Change, Incorporated WV$7.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550691297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.