Who sponsors the Mvb Bank, Inc. 401(K) Retirement Plan?

Mvb Bank, Inc. 401(K) Retirement Plan is reported as sponsored by Mvb Bank, Inc. (EIN 55-0755205, plan number 001) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Mvb Bank, Inc. 401(K) Retirement Plan?

The latest Form 5500 filing year loaded for Mvb Bank, Inc. 401(K) Retirement Plan is 2023.

How many participants does Mvb Bank, Inc. 401(K) Retirement Plan report?

Mvb Bank, Inc. 401(K) Retirement Plan reports 661 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Mvb Bank, Inc. 401(K) Retirement Plan?

Mvb Bank, Inc. 401(K) Retirement Plan reports $35,560,246 in end-of-year plan assets in its latest loaded Form 5500 filing.

Mvb Bank, Inc. 401(K) Retirement Plan — Form 5500 plan (Mvb Bank, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Mvb Bank, Inc. 401(K) Retirement Plan is a benefit plan reported by Mvb Bank, Inc. under EIN 55-0755205 and plan number 001. The latest loaded filing year is 2023. The filing reports 661 participants and $35,560,246 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor: Mvb Bank, Inc.
EIN: 55-0755205
Plan number: 001
Plan type: 2
Location: Bridgeport, WV
Latest filing year: 2023
Participants: 661
End-of-year plan assets: $35,560,246

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	661	H, C	20240926101440NAL0000296195001
2023	208	H, C	20250812111556NAL0004301219001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY): $10,368,233
Net assets (EOY): $10,368,233
Net assets (BOY): $9,141,036

Income & contributions

Total income / additions: $1,852,299

Expenses & distributions

Benefits paid: $467,318
Administrative expenses: $157,784
Total expenses: $625,102
Net increase / (decrease): $1,227,197

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Fidelity Investments Institutional	RECORDKEEPER	$69,326	$0	2023
Nfp Retirement Inc	ADVISOR	$62,291	not reported in the loaded dataset	2023
Usi Consulting Group	NONE	$23,166	not reported in the loaded dataset	2023
Morgan Stanley	NONE	$21,340	not reported in the loaded dataset	2023
Taft Stettinius & Hollister Llp	ATTORNEY/LEGAL	$10,763	not reported in the loaded dataset	2023
Metro Benefits, Inc.	NONE	$8,061	not reported in the loaded dataset	2023