Defined Benefit (Pension) · DOL Form 5500 · 2024
Preston Memorial Hospital Corporation Pension Plan
Data updated 2026-08-25
- $4M
- Total assets Small plan by assets
- 16
- Participants Small participant base
- 37th
- Percentile by assets National rank
- $230,130
- Avg per participant Above avg balance/head
Official DOL plan name: Preston Memorial Hospital Corporation Retirement Plan · Sponsored by Preston Memorial Hospital Corporation · West Virginia · Healthcare & Social Assistance
$4M in assets, 16 participants
Preston Memorial Hospital Corporation's Preston Memorial Hospital Corporation Retirement Plan reported $4M in total assets and 16 participants in its 2024 DOL Form 5500 filing, ranking in the 37th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #6,460 in Healthcare & Social Assistance (16,916 peers)
What the 2024 filing shows
Preston Memorial Hospital Corporation Retirement Plan holds $4M for 16 participants - about $230,130 per participant, in the lower half of filed plans by assets.
- #6,460
- in Healthcare & Social Assistance (16,916 peers)
- -6.2%
- assets change YoY
The plan reported a net loss of $242K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Preston Memorial Hospital Corporation Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers
Preston Memorial Hospital Corporation Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$3,682,087 37th percentile higher than 37% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Preston Memorial Hospital Corporation Retirement Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Preston Memorial Hospital Corporation Retirement Plan is a small filing (16 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Preston Memorial Hospital Corporation Retirement Plan reported net income fell from $60K in the plan year 2023 filing to -$242K in the plan year 2024 filing.
- Preston Memorial Hospital Corporation Retirement Plan reported participants fell from 20 in the plan year 2023 filing to 16 in the plan year 2024 filing.
- Preston Memorial Hospital Corporation Retirement Plan end-of-year assets fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 311097818 · Preston Memorial Hospital Corporation PY 2024 · Defined Benefit (Pension)
Preston Memorial Hospital Corporation Retirement Plan · $4M · 16 · 37th
- PCT $4M
- PCT 16
- PCT 37th
- PCT Defined Benefit (Pension)
- PCT near Shulman Bastian Defined Benefit Pension Plan
- PCT ind #6460
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in West Virginia →
Preston Memorial Hospital Corporation Retirement Plan in the asset neighbourhood
Filing particulars (2024)
| Total Assets (Beginning of Year) | $4M |
|---|---|
| Net Assets (End of Year) | $4M |
| Net Income | -$242K |
| Employer EIN | 311097818 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Preston Memorial Hospital Corporation)
Sponsor-wide plan assets over time
All Preston Memorial Hospital Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $4M 4.709422364340945% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 667 | $4M |
| 2023 | 1 | 20 | $4M |
| 2024 | 1 | 16 | $4M |
Nearby Defined Benefit (Pension) Plans in West Virginia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- West Virginia Laborers Pension Trust Fund $570M · 2,390
- I.U.O.E. Local 132 Pension Fund $559M · 1,858
- United Mine Workers of America 1985 Construction Workers Pension Plan $470M · 197
- Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund $453M · 1,685
- Maryland Electrical Industry Pension Plan $289M · 1,784
Preston Memorial Hospital Corporation Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside West Virginia, the nearest Defined Benefit (Pension) by assets is Shulman Bastian Defined Benefit Pension Plan in CA ($4M); by covered participants it is Pension Plan of the Genesee Valley Presbyterian Nursing Center in NY (16 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($4M here).
Similar participant headcount
Nearest other-state filings by covered participants (16 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.