MVM, Inc. 401(k) Review & Grade
MVM, Inc. 401(k) Savings Plan
Ashburn, VAAdministrative, Support & Staffing Services3,290 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,568Employer $ per active participant
$2,093Employee $ saved per active participant
0.54%Direct admin cost, % of plan assets
$83.2MNet plan assets, end of year
$23,971Average balance per account
Score breakdown
- Employer generosity47.6 / 5095th percentile for employer $ per participant
- Low cost2.8 / 2511th percentile for low admin cost vs. same-size plans
- Employee saving9.6 / 1564th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score63 / 100 · Grade B
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 2,500–9,999 active participants (125 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 95th |
| Lower admin cost | 11th |
| Employee saving | 64th |
| Peers that auto-enroll | 22% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- MVM put in about $3,568 per active participant, more than the typical peer ($342). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.54% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $11,735,787 |
| Participant (employee) contributions | $6,884,304 |
| Other contributions (incl. rollovers in) | $2,802,535 |
| Administrative expenses paid from the plan | $401,952 |
| Contract administrator fees | $401,952 |
| Benefits paid out | $11,285,179 |
| Net assets, start / end of year | $64.4M / $83.2M |
| Active participants, start / end of year | 2,997 / 3,582 |
| Participants with account balances | 3,470 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bdo USA P.C. |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $401,951 reported compensation |
| Plan Sponsor Adviser, LLC | $18,968 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015084026NAL0004090401001, received 2025-10-15, EIN 95-3396082, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.