Plan Snapshot
- Plan Sponsor: Wesbanco, INC.
- Sponsor EIN: 550571723
- Sponsor Address: ONE BANK PLAZA, WHEELING, WV, 26003
- Plan Type: 401(k)
- Total Participants: 2,447
- Total Assets: $238.2M
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. |
|---|---|---|---|---|
| 2024 | 2,447 | $238.2M | $6.7M | $13.4M |
| 2023 | 2,585 | $212.1M | $6.3M | $11.9M |
| 2022 | 2,357 | $185.6M | $5.5M | $10.4M |
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 |
|---|---|---|---|---|
| ERNST AND YOUNG LLP | 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 | $212,991 | $88,811 | — | — | — |
| 2023 | $226,071 | $26,641 | — | — | — |
| 2022 | $248,243 | $26,000 | $222,243 | — | — |