Plan Snapshot
- Plan Sponsor: Rainelle Medical Center, INC.
- Sponsor EIN: 550686113
- Sponsor Address: 645 KANAWHA AVE, RAINELLE, WV, 25962
- Plan Type: 403(b)
- Total Participants: 243
- Total Assets: $9.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 243 | $9.4M | $147,043 | $800,478 |
| 2023 | 236 | $8.3M | $136,359 | $772,787 |
| 2022 | 227 | $6.5M | $117,908 | $662,332 |
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 |
|---|---|---|---|---|
| GRAY GRIFFITH & MAYS A.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $20,068 | — | $20,068 | — | — |
| 2023 | $12,862 | — | $12,862 | — | — |
| 2022 | $5,114 | — | $5,114 | — | — |