Plan Snapshot
- Plan Sponsor: City Holding Company
- Sponsor EIN: 550619957
- Sponsor Address: 25 GATEWATER RD, CROSS LANES, WV, 253131408
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 978
- Total Assets: $297,619
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 978 | $297,619 | $11.2M | $1.7M |
| 2023 | 969 | $229,598 | $9.1M | $1.7M |
| 2022 | 928 | $35,798 | $9.6M | $1.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BENEFIT ASSISTANCE CORPORATION | Recordkeeper | $325,673 | — | $325,673 |
| PAYER MATRIX | Other Service Provider | $128,827 | — | $128,827 |
| MEDWATCH LLC | Other Service Provider | $19,445 | — | $19,445 |
| THE HILB GROUP OF WEST VIRGINIA | Investment Advisor | $5,146 | — | $5,146 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $479,091
- Estimated Expense Ratio: 160.975% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $458,038 | — | $458,038 | — | — |
| 2023 | $486,380 | — | $486,380 | — | — |
| 2022 | $495,523 | — | $495,523 | — | — |