Davis Memorial Hospital 401(k) Plan: Login, Facts & Contact Information

Davis Memorial Hospital 401(k) Plan Facts

Plan name
DAVIS HEALTH SYSTEM 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
DAVIS MEMORIAL HOSPITAL
Participants
1,675 (880 active employees)
Former employees with a balance
578
Plan assets
$34,844,482 at Dec 31, 2024
Average account balance
$23,899 across 1,458 accounts
Employer contributions
$483,570 in plan year 2024 (18% of all contributions)
Recordkeeper
Alerus Financial
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2007
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.63 million went into the plan in contributions, $483,570 of it from the employer (18%).
  • $4.34 million was paid out to participants.
  • Investment and other income added $3.59 million.
  • Administrative expenses were $116,472, about $80 per account.

How the Davis Memorial Hospital 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,482$27.5 million$396,130$2.18 million
20201,476$32.1 million$1.29 million$2.31 million
20211,491$35.5 million$428,969$2.87 million
20221,580$29.3 million$437,387$2.85 million
20231,632$32.6 million$410,769$3.07 million
20241,675$34.8 million$483,570$4.34 million

Davis Memorial Hospital 401(k) Contact Information

Phone
304-636-3300
Mailing address
P.O. BOX 1484, ELKINS WV 262411484
Plan sponsor
DAVIS MEMORIAL HOSPITAL
Employer identification number (EIN)
55-0375433
Plan number
002

Questions about the Davis Memorial Hospital 401(k)

Does Davis Memorial Hospital contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $483,570, 18% of all contributions.

Does the Davis Memorial Hospital 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Davis Memorial Hospital 401(k) plan?

1,675 participants at the start of plan year 2024, 880 of them active employees, and 578 former employees who still had money in the plan.

What is the average 401(k) balance at Davis Memorial Hospital?

About $23,899 per account: $34.8 million in plan assets across 1,458 accounts with a balance at the end of plan year 2024.

Who manages the Davis Memorial Hospital 401(k) accounts?

Alerus (listed on the filing as ALERUS FINANCIAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Davis Memorial Hospital. How do I access my 401(k)?

Your account stays with Alerus after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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