Plan Ledger DOL Form 5500 · updated monthly

Mvw Services, Inc.Profit-sharing plan

MVW SERVICES RETIREMENT PLAN · MINOT, ND · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Mvw Services, Inc. reported $17,884 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $2,822 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 rose from 0.52% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in North Dakota (250th of 279), and 1,704th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$3,292,433
Participants with balances142
Active participants85
Employer contributions$239,880
Employee contributions—
Employer contribution per active participant$2,822
Average account balance$23,186
Benefits paid to participants$322,834
Plan auditUnmodified (clean) audit opinion
AuditorBRADY MARTZ, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 142 accts · $240K emplr
2023$3.1M · 152 accts · $229K emplr
2022$2.9M · 140 accts · $216K emplr
Administrative expenses, itemized · 2024
Investment management$17,884
Total administrative$17,884
Employer contributions to the Mvw Services, Inc. plan · 2024
Employer contribution per active participant$2,822
Median for plans this size$1,313
2024$2,822 per active participant
2023$2,097 per active participant
2022$2,425 per active participant

Mvw Services, Inc.'s 2024 employer contribution ran above the $1,313 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
BRAVERA WEALTH · Recordkeeping · Trustee$17,884

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

Recordkeeper by year2
2024BRAVERA WEALTH
2023BRAVERA WEALTH

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

Administrative cost history3
2024$17,884 · 0.56%
2023$16,501 · 0.55%
2022$14,769 · 0.52%
Same employer
Similar plansAdministrative & Support Services · North Dakota
Allegiance Fundraising LLC ND$22.3M · 0.11%
Cdi Services, Inc. ND$16.0M · 0.56%
Datrose, Inc. NY$3.3M · 0.29%
Athena Consulting LLC MD$3.3M · 1.18%
Greenix Holdings, LLC UT$3.3M · 1.14%
Northeast Security, Inc. MA$3.3M · 1.26%
Security Walls, LLC TN$3.3M · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450461622 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.