Plan Snapshot
- Plan Sponsor: Prestera Center For Mental Health Services, INC.
- Sponsor EIN: 550492369
- Sponsor Address: 5600 US ROUTE 60 EAST, HUNTINGTON, WV, 25705
- Plan Type: 401(k)
- Total Participants: 541
- Total Assets: $13.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 541 | $13.4M | $323,732 | $791,533 |
| 2022 | 513 | $12.8M | $301,823 | $713,609 |
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 |
|---|---|---|---|---|
| UNITED BANK | INVESTMENT ADVISOR | $22,174 | — | $22,174 |
| JACKSON KELLY PLLC | CONTRACT ADMIN | $5,792 | — | $5,792 |
| ELLIS & ELLIS PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JACKSON KELLY PLLC — CONTRACT ADMIN
- ELLIS & ELLIS PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,966
- Estimated Expense Ratio: 0.208% 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 |
|---|---|---|---|---|---|
| 2023 | $67,097 | — | $67,097 | — | — |
| 2022 | $35,859 | — | $35,859 | — | — |