Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

MVB BANK, INC. DEFINED BENEFIT PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

MVB BANK, INC.

This Defined Benefit (Pension) plan holds $9M in total assets and serves 89 participants as of 2022. It is sponsored by MVB BANK, INC. in West Virginia. The plan reported positive net income of $75K for the year.

Total Assets (2023)
$9M
Participants
89
Industry
Finance & Insurance

What the Filing Says About MVB BANK, INC. DEFINED BENEFIT PENSION PLAN

MVB BANK, INC. DEFINED BENEFIT PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by MVB BANK, INC., headquartered in West Virginia. As of the 2022 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 89 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 550755205, and the plan has been effective since 1999-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $9M at the beginning of 2022 to $9M at year-end — a gain of 0.8%. Net assets (after liabilities) closed the year at $9M, with reported net income of $75K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$9M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$75K
Plan TypeDefined Benefit (Pension)
Employer EIN550755205
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (MVB BANK, INC.)

Year Plans Participants Total Assets
2022 2 578 $37M
2023 2 555 $46M
2024 1 446 $41M

Nearby Defined Benefit (Pension) Plans in West Virginia

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the MVB BANK, INC. DEFINED BENEFIT PENSION PLAN?
As of the 2022 Form 5500 filing, MVB BANK, INC. DEFINED BENEFIT PENSION PLAN holds $9M in total assets with 89 participants. It is sponsored by MVB BANK, INC..
What type of plan is MVB BANK, INC. DEFINED BENEFIT PENSION PLAN?
MVB BANK, INC. DEFINED BENEFIT PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 1999-01-01. The plan is filed with the U.S. Department of Labor under EIN 550755205.
Who sponsors the MVB BANK, INC. DEFINED BENEFIT PENSION PLAN?
MVB BANK, INC. DEFINED BENEFIT PENSION PLAN is sponsored by MVB BANK, INC., located in West Virginia. The sponsor's EIN is 550755205 and the plan operates in the Finance & Insurance industry.
How did MVB BANK, INC. DEFINED BENEFIT PENSION PLAN perform in 2022?
MVB BANK, INC. DEFINED BENEFIT PENSION PLAN grew by 0.8% during 2022, moving from $9M to $9M in total assets. Net income was $75K.
Where can I find official filings for MVB BANK, INC. DEFINED BENEFIT PENSION PLAN?
Official Form 5500 filings for MVB BANK, INC. DEFINED BENEFIT PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 550755205 or plan name at efast.dol.gov.
How does MVB BANK, INC. DEFINED BENEFIT PENSION PLAN compare to other plans?
You can compare MVB BANK, INC. DEFINED BENEFIT PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in West Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 550755205.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.