Defined Benefit (Pension) · DOL Form 5500 · 2023

Mvb Bank, Inc. Pension Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
86
Participants Small participant base
59th
Percentile by assets National rank
$120,561
Avg per participant Near avg balance/head
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Official DOL plan name: Mvb Bank, Inc. Defined Benefit Pension Plan · Sponsored by Mvb Bank, Inc. · West Virginia · Finance & Insurance

$10M in assets, 86 participants

Mvb Bank, Inc.'s Mvb Bank, Inc. Defined Benefit Pension Plan reported $10M in total assets and 86 participants in its 2023 DOL Form 5500 filing, ranking in the 59th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #3,918 in Finance & Insurance (8,869 peers)

Mvb Bank, Inc. multi-year trail

Mvb Bank, Inc.'s plans moved +11.7% in assets from 2022 to 2024; this filing shows Mvb Bank, Inc. Defined Benefit Pension Plan at $10M / 86 participants.

#3,918
in Finance & Insurance (8,869 peers)
+13.4%
assets growth YoY

Mvb Bank, Inc. Defined Benefit Pension Plan's mid-pack asset rank among Finance & Insurance and all filers

Mvb Bank, Inc. Defined Benefit Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$10,368,233 Top 41% higher than 59% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Mvb Bank, Inc. Defined Benefit Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mvb Bank, Inc. Defined Benefit Pension Plan is a small filing (86 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mvb Bank, Inc. Defined Benefit Pension Plan reported net income rose from $75K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Mvb Bank, Inc. Defined Benefit Pension Plan end-of-year assets rose from $9M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Mvb Bank, Inc. Defined Benefit Pension Plan reported participants fell from 89 in the plan year 2022 filing to 86 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 550755205 · Mvb Bank, Inc. PY 2023 · Defined Benefit (Pension)

Mvb Bank, Inc. Defined Benefit Pension Plan · $10M · 86 · 59th

  • VS-ST $10M
  • BOY 86
  • SCH 59th
  • EBSA Defined Benefit (Pension)
  • PART near The Hartz Group, Inc. Pension Plan
  • TYPE ind #3918

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in West Virginia →

Mvb Bank, Inc. Defined Benefit Pension Plan in the asset neighbourhood

IBEW Local Union No. 527 Pension PlanIBEW Local Union No. 527 Pen…$10MSbera Pension Plan as Adopted by North Middlesex Savings BankSbera Pension Plan as Adopte…$10MMvb Bank, Inc. Defined Benefit Pension PlanMvb Bank, Inc. Defined Benef…$10MThe Hartz Group, Inc. Pension PlanThe Hartz Group, Inc. Pensio…$10MSloan Valve Company Employees' Pension PlanSloan Valve Company Employee…$10M
End-of-year total assets ($M) among Mvb Bank, Inc. Defined Benefit Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Mvb Bank, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Mvb Bank, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$41M 11.711783872255195% vs 2022
2024 filing year
$35M$40M$45M$50M 202220232024 $36.9M $41.3M ▲ +11.7%
Year Plans Participants Total Assets
2022 2 578 $37M
2023 2 555 $46M
2024 1 446 $41M

Mvb Bank, Inc. filing trail (2023)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$1M
Employer EIN550755205
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in West Virginia

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

Mvb Bank, Inc. Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -2000200400600 Total assets ($M) Participants Mvb Bank, Inc. Defined Benefit Pension Plan, Total assets ($M): 10.368233 · Participants: 86Mvb Bank, Inc. Defined Benefit Pension PlanWest Virginia Laborers Pension Trust Fund, Total assets ($M): 555.630528 · Participants: 1965West Virginia Laborers Pension Trust FundI.U.O.E. Local 132 Pension Fund, Total assets ($M): 548.257437 · Participants: 1559I.U.O.E. Local 132 Pension FundUnited Mine Workers of America 1985 Construction Workers Pension Plan, Total assets ($M): 447.078317 · Participants: 234United Mine Workers of America 1985 Construction Workers Pension PlanEmployer - Teamsters Local Nos 175 & 505 Pension Trust Fund, Total assets ($M): 419.92467 · Participants: 1453Employer - Teamsters Local Nos 175 & 505 Pension Trust FundMaryland Electrical Industry Pension Plan, Total assets ($M): 267.765025 · Participants: 1667Maryland Electrical Industry Pension Plan
Mvb Bank, Inc. Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants
Compare Mvb Bank, Inc. Defined Benefit Pension Plan side-by-side with 3 peers →

Mvb Bank, Inc. Defined Benefit Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside West Virginia, the nearest Defined Benefit (Pension) by assets is The Hartz Group, Inc. Pension Plan in NJ ($10M); by covered participants it is Corning Museum of Glass Pension Plan in NY (86 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (86 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mvb Bank, Inc. Defined Benefit Pension Plan assets move in 2023? ▼
Mvb Bank, Inc. Defined Benefit Pension Plan grew at a solid clip - up 13.4% during 2023, from $9M to $10M. Reported net income was $1M.
How have Mvb Bank, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mvb Bank, Inc.'s sponsor-wide assets grew 11.7%, from $37M to $41M.
Which Defined Benefit (Pension) plans are similar in size to Mvb Bank, Inc. Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Hartz Group, Inc. Pension Plan in NJ ($10M, 11 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Mvb Bank, Inc. Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Corning Museum of Glass Pension Plan in NY (86 participants, $16M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.