Plan Ledger DOL Form 5500 · updated monthly

Mvt Holdings, LLC401(k)

MVT 401K PLAN · LAS CRUCES, NM · plan year 2022

Reported admin expense ratio · 2022
0.54%

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

Mvt Holdings, LLC reported $147,040 in plan administrative expenses for 2022: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $896 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 58th-largest of 290 plans among New Mexico employers on file, and the 606th of 2,677 in transportation & warehousing. In 2022, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,655,017
Participants with balances1,196
Active participants2,182
Employer contributions$1,955,516
Employee contributions$3,557,876
Employer contribution per active participant$896
Average account balance$22,287
Benefits paid to participants$3,282,512
Plan auditUnmodified (clean) audit opinion
AuditorBEASLEY, MITCHELL & CO.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$19,300
Investment management$127,740
Total administrative$147,040
The Mvt Holdings, LLC 401(k) match · 2022
Employer contribution per active participant$896
Median for plans this size$2,266

Mvt Holdings, LLC's 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$147,040 · 0.54%
Similar plansTransportation & Warehousing · New Mexico
Mvt Holdings, LLC NM$39.1M · 0.52%
Pentastar Aviation, LLC MI$26.9M · 0.36%
Seko Worldwide, LLC IL$26.8M · 0.28%
Ps Logistics, LLC AL$26.7M · 0.92%
Savino Del Bene USA, Inc. NJ$26.7M · 0.46%
Lamers Bus Lines, Inc. WI$26.6M · 0.03%
Paladin Capital, Inc. TN$26.6M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231875312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.