Plan Ledger DOL Form 5500 · updated monthly

Mvp Holdings, LLC401(k)

MVP HOLDINGS RETIREMENT PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.01%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Mvp Holdings, LLC reported $1,750 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,807 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.012% to 0.011%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 306th-largest of 828 plans among Kansas employers on file, and the 1,959th of 4,246 in wholesale trade. In 2024, employees put in $1.57 for every $1.00 the employer contributed; active participation has grown from 86 to 150 since 2022.

Plan summary
Net assets, end of year$19,278,165
Participants with balances169
Active participants150
Employer contributions$871,007
Employee contributions$1,363,588
Employer contribution per active participant$5,807
Average account balance$114,072
Benefits paid to participants$2,250,319
Plan auditUnmodified (clean) audit opinion
AuditorGJ & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 169 accts · $871K emplr
2023$12.8M · 106 accts · $599K emplr
2022$10.2M · 122 accts · $622K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,750
Total administrative$1,750
The Mvp Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$5,807
Median for plans this size$2,416
2024$5,807 per active participant
2023$6,508 per active participant
2022$7,228 per active participant

Mvp Holdings, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$1,750

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,750 · 0.01%
2023$2,920 · 0.03%
2022$1,179 · 0.01%
Similar plansWholesale Trade · Kansas
John a. Marshall Company KS$23.5M · 0.54%
Agrex Inc. KS$21.7M · 0.18%
Dd Traders, Inc. KS$20.0M · 0.34%
Mercer-Zimmerman, Inc. KS$19.1M · 0.67%
Hampel Enterprises, Inc. KS$18.9M · 0.71%
Wsm Industries KS$18.0M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 263038326 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.