401(k) · DOL Form 5500 · 2024

Mvb Bank, Inc. 401(k) Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
446
Participants Below avg headcount
82nd
Percentile by assets National rank
$92,531
Avg per participant Below avg balance/head
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Official DOL plan name: Mvb Bank, Inc. 401(k) Retirement Plan · Sponsored by Mvb Bank, Inc. · West Virginia · Finance & Insurance

$41M in assets, 446 participants

Mvb Bank, Inc.'s Mvb Bank, Inc. 401(k) Retirement Plan reported $41M in total assets and 446 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #6,145 in Finance & Insurance (8,549 peers)

Where Mvb Bank, Inc. 401(k) Retirement Plan sits by assets

Mvb Bank, Inc. 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $41M for 446 participants (~$92,531/participant), up 16.1% in 2024.

#6,145
in Finance & Insurance (8,549 peers)
+16.1%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Mvb Bank, Inc. 401(k) Retirement Plan's outsized position by total assets

Mvb Bank, Inc. 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$41,268,737 Top 18% higher than 82% of 123,620 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 2024

Mvb Bank, Inc. 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mvb Bank, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (446 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mvb Bank, Inc. 401(k) Retirement Plan reported participants rose from 86 in the plan year 2023 filing to 446 in the plan year 2024 filing.
  • Mvb Bank, Inc. 401(k) Retirement Plan reported net income rose from $1M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Mvb Bank, Inc. 401(k) Retirement Plan end-of-year assets rose from $10M in the plan year 2023 filing to $41M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 550755205 · Mvb Bank, Inc. PY 2024 · 401(k)

Mvb Bank, Inc. 401(k) Retirement Plan · $41M · 446 · 82nd

  • TYPE $41M
  • NET 446
  • BOOK 82nd
  • VS-ST 401(k)
  • BOY near Roth Corporation Employee Stock Ownership Plan
  • SCH ind #6145

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. 401(k) Retirement Plan in the asset neighbourhood

Mvb Bank, Inc. 401(k) Retirement PlanMvb Bank, Inc. 401(k) Retire…$41MRoth Corporation Employee Stock Ownership PlanRoth Corporation Employee St…$41MSalamander 401(k) Retirement PlanSalamander 401(k) Retirement…$41MStretto 401(k) Retirement PlanStretto 401(k) Retirement Pl…$41MPinnacle Treatment Centers Employee 401(k) PlanPinnacle Treatment Centers E…$41M
End-of-year total assets ($M) among Mvb Bank, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$41M
Net Income$6M
Employer EIN550755205
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mvb Bank, Inc.)

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

Nearby 401(k) Plans in West Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Mvb Bank, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Mvb Bank, Inc. 401(k) Retirement Plan, Total assets ($B): 0.041268737 · Participants: 446Mvb Bank, Inc. 401(k) Retirement PlanOrrick, Herrington & Sutcliffe LLP Retirement Plan, Total assets ($B): 1.177090773 · Participants: 1845Orrick, Herrington & Sutcliffe LLP Retirement PlanVandalia Health System 401(k) Retirement Savings P, Total assets ($B): 0.852839622 · Participants: 0Vandalia Health System 401(k) Retirement Savings PAmerican Public Education Retirement Plan, Total assets ($B): 0.303164024 · Participants: 5717American Public Education Retirement PlanWest Virginia University Health System 401(k) Plan, Total assets ($B): 0.255427542 · Participants: 4549West Virginia University Health System 401(k) PlanUnited Bankshares, Inc. Savings and Stock Investment Plan, Total assets ($B): 0.2487143 · Participants: 2561United Bankshares, Inc. Savings and Stock Investment Plan
Mvb Bank, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in West Virginia, assets vs. participants
Compare Mvb Bank, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

Mvb Bank, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside West Virginia, the nearest 401(k) by assets is Roth Corporation Employee Stock Ownership Plan in CO ($41M); by covered participants it is Grant Street Group, Inc. 401(k) Plan in PA (446 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($41M here).

Similar participant headcount

Nearest other-state filings by covered participants (446 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mvb Bank, Inc. 401(k) Retirement Plan assets move in 2024? ▼
Mvb Bank, Inc. 401(k) Retirement Plan grew sharply - up 16.1% during 2024, from $36M to $41M. Reported net income was $6M.
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.
Where does Mvb Bank, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Mvb Bank, Inc. 401(k) Retirement Plan ranks in the 82nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mvb Bank, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Roth Corporation Employee Stock Ownership Plan in CO ($41M, 72 participants).
Which 401(k) plans cover a similar participant headcount to Mvb Bank, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Grant Street Group, Inc. 401(k) Plan in PA (446 participants, $53M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.