Monongalia Health System, Inc. Retirement Plan

Defined Benefit (Pension) · DOL Form 5500 · 2023

What the Filing Says About Monongalia Health System, Inc. Retirement Plan

Monongalia Health System, Inc. Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Monongalia Health System, Inc., headquartered in West Virginia. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $176M in total end-of-year assets and covers 219 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 550621551, and the plan has been effective since 1984-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets edged up modestly from $171M at the beginning of 2023 to $176M at year-end - up 2.6%. Net assets (after liabilities) closed the year at $176M, with reported net income of $5M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years Monongalia Health System, Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $315M to $167M, a decline of 47.0%, while reported participants moved from 3,200 to 199 (-93.8%). The strongest year on file by total sponsor assets was 2022 at $315M; the softest was 2024 at $167M. Year-by-year, sponsor-wide filings show: 2022 - $315M in assets across 3 plans covering 3,200 participants; 2023 - $176M in assets across 3 plans covering 3,310 participants; 2024 - $167M in assets across 1 plan covering 199 participants.

By assets, Monongalia Health System, Inc. Retirement Plan outranks 94% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.8x the national average plan size of $100M and 730 average participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank Monongalia Health System, Inc. Retirement Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.