Plan Ledger DOL Form 5500 · updated monthly

Mvt Holdings, LLC401(k)

MVT 401K PLAN · LAS CRUCES, NM · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Mvt Holdings, LLC reported $191,738 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $752 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 1 year on file its reported administrative ratio fell from 0.57% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 40th-largest of 290 plans among New Mexico employers on file, and the 458th of 2,677 in transportation & warehousing. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,107,933
Participants with balances1,257
Active participants2,670
Employer contributions$2,007,242
Employee contributions$3,571,882
Employer contribution per active participant$752
Average account balance$31,112
Benefits paid to participants$5,354,247
Plan auditUnmodified (clean) audit opinion
AuditorBEASLEY, MITCHELL & CO.
Plan history2
Yearassets · accounts · employer contribution
2024$39.1M · 1,257 accts · $2.0M emplr
2023$34.1M · 1,234 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,400
Investment management$164,338
Total administrative$191,738
The Mvt Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$752
Median for plans this size$2,416
2024$752 per active participant
2023$698 per active participant

Mvt Holdings, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping$26,598

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history2
2024$191,738 · 0.52%
2023$172,295 · 0.57%
Same employer
Similar plansTransportation & Warehousing · New Mexico
Shipco Transport Inc NJ$39.2M · 0.08%
Elliott Aviation, LLC. IL$39.2M · 0.35%
Trimac Transportation Inc. TX$39.2M · 0.22%
Odw Logistics, Inc. OH$38.9M · 0.44%
Glovis America, Inc. CA$38.8M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261875312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.