Monongalia Health System Retirement And Savings Plan — Form 5500 plan (Monongalia Health System, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Monongalia Health System Retirement And Savings Plan is a benefit plan reported by Monongalia Health System, Inc. under EIN 55-0621551 and plan number 003. The latest loaded filing year is 2023. The filing reports 3,623 participants and $0 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year
Participants3.6KCovered participants reported3,623
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$246.4K2 Schedule C provider row(s)$246,364
Plan sponsor
Monongalia Health System, Inc.
EIN
55-0621551
Plan number
003
Plan type
2
Location
Morgantown, WV
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,623H, C20241010152252NAL0021337233001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Money in vs. money out
Total income / additions$41.1M
Total expenses$18M
Benefits paid / distributions$17.8M
Contributions
Employer$4.7M
Participant$10.6M
Full reported line items

Net assets

Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Net assets (BOY)
$135,249,695

Income & contributions

Employer contributions
$4,693,547
Participant contributions
$10,552,318
Total contributions
$16,892,833
Total income / additions
$41,125,160

Expenses & distributions

Benefits paid
$17,809,184
Administrative expenses
$246,364
Total expenses
$18,049,724
Net increase / (decrease)
$23,075,436
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 31%Participant 69%
Benefits paid ÷ total income43%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyNONE$219,320$02023
Empower Advisory Group, LLCNONE$27,044not reported in the loaded dataset2023

Related Form 5500 pages