Plan Snapshot
- Plan Sponsor: Wvu Health System
- Sponsor EIN: 550754713
- Sponsor Address: 3040 UNIVERSITY AVE, MORGANTOWN, WV, 26505
- Plan Type: 403(b)
- Total Participants: 32,450
- Total Assets: $1.8B
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 | 32,450 | $1.8B | $69.3M | $115.4M |
| 2023 | 30,364 | $1.5B | $58.1M | $95.2M |
| 2022 | 25,400 | $960.2M | $41.2M | $68.3M |
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 |
|---|---|---|---|---|
| FIDELITY INVEST INST OP | RECORDKEEPER | $1,857,996 | — | $1,857,996 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $112,107 | — | $112,107 |
| CONCURRENT INVESTMENT | INVESTMENT ADVISOR | $52,500 | — | $52,500 |
| BAKER TILLY US, LLP | AUDITOR | $43,900 | — | $43,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVEST INST OP — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- BAKER TILLY US, LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,066,503
- Estimated Expense Ratio: 0.118% 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 | $2,066,503 | $164,607 | — | $43,900 | — |
| 2023 | $1,804,884 | $80,137 | — | $42,600 | — |
| 2022 | $1,286,492 | $49,289 | — | — | — |