2023 Form 5500 filing — Mvp, Inc. 401(K) Savings Plan And Trust
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015160752NAL0015045459001) for Mvp, Inc. 401(K) Savings Plan And Trust, reported by Magnum Venus Products, Inc. under EIN 36-2650388 and plan number 001. It reports 266 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015160752NAL0015045459001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Magnum Venus Products, Inc.
- EIN
- 36-2650388
- Plan number
- 001
- Location
- Knoxville, TN
- Participants
- 266
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,328,275
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,328,275
- Employer contributions
- $398,316
- Participant contributions
- $1,346,819
- Total income / additions
- $3,713,289
- Benefits paid
- $1,966,056
- Administrative expenses
- $0
- Total expenses
- $1,966,056
- Net increase / (decrease)
- $1,747,233
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Stancorp Financial Group | RECORDKEEPER | $36,559 | $19,881 |
| Raymond James Financial Services Ad | INVESTMENT ADVISOR | $28,089 | not reported in the loaded dataset |
| Woodbury Financial Services, Inc. | INVESTMENT ADVISOR | $10,286 | not reported in the loaded dataset |
| Charles Schwab | INVESTMENT ADVISOR | $0 | $9,640 |
| Erisa Services, Inc. | CONTRACT ADMIN | $469 | $6,491 |