Mv Advancements Profit Sharing Plan — Form 5500 plan (Mv Advancements)
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, Mv Advancements Profit Sharing Plan is a benefit plan reported by Mv Advancements under EIN 93-0568833 and plan number 001. The latest loaded filing year is 2023. The filing reports 118 participants and $3,518,496 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mv Advancements
- EIN
- 93-0568833
- Plan number
- 001
- Plan type
- 2
- Location
- Mcminnville, OR
- Latest filing year
- 2023
- Participants
- 118
- End-of-year plan assets
- $3,518,496
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 118 | H, C | 20250127163302NAL0024700274001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,518,496
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,518,496
- Net assets (BOY)
- $2,869,523
Income & contributions
- Employer contributions
- $203,925
- Participant contributions
- $186,506
- Total contributions
- $390,431
- Total income / additions
- $845,128
Expenses & distributions
- Benefits paid
- $185,395
- Administrative expenses
- $10,760
- Total expenses
- $196,155
- Net increase / (decrease)
- $648,973
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Minnesota Life Insurance Company | NONE | $10,760 | $0 | 2023 |