401(k) · DOL Form 5500 · 2024

Magnum Venus Products, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
166
Participants Small participant base
62nd
Percentile by assets National rank
$80,398
Avg per participant Below avg balance/head
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Official DOL plan name: Mvp, Inc. 401(k) Savings Plan and Trust · Sponsored by Magnum Venus Products, Inc. · Tennessee · Manufacturing

$13M in assets, 166 participants

Magnum Venus Products, Inc.'s Mvp, Inc. 401(k) Savings Plan and Trust reported $13M in total assets and 166 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • #8,745 in Manufacturing (17,777 peers)

Coverage in Tennessee

Mvp, Inc. 401(k) Savings Plan and Trust covers 166 participants in Tennessee, about 15% of the average Tennessee filer (state average ~1,126 per filing). Assets: $13M.

#8,745
in Manufacturing (17,777 peers)
-6.9%
assets change YoY

The plan reported a net loss of $982K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mvp, Inc. 401(k) Savings Plan and Trust's mid-pack asset rank among Manufacturing and all filers

Mvp, Inc. 401(k) Savings Plan and Trust vs every filed plan by assets

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

$13,346,096 Top 38% higher than 62% 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

Mvp, Inc. 401(k) Savings Plan and Trust 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. Mvp, Inc. 401(k) Savings Plan and Trust sits mid-pack in the medium band (166 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mvp, Inc. 401(k) Savings Plan and Trust reported net income fell from $2M in the plan year 2023 filing to -$982K in the plan year 2024 filing.
  • Mvp, Inc. 401(k) Savings Plan and Trust reported participants fell from 187 in the plan year 2023 filing to 166 in the plan year 2024 filing.
  • Mvp, Inc. 401(k) Savings Plan and Trust end-of-year assets fell from $14M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 362650388 · Magnum Venus Products, Inc. PY 2024 · 401(k)

Mvp, Inc. 401(k) Savings Plan and Trust · $13M · 166 · 62nd

  • 5500 $13M
  • ASSETS 166
  • PCT 62nd
  • EIN 401(k)
  • RANK near Nite Ize, Inc. 401(k) Retirement Savings Plan
  • PHOTO ind #8745

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 Manufacturing retirement plans → · Plans in Tennessee →

Mvp, Inc. 401(k) Savings Plan and Trust in the asset neighbourhood

Mvp, Inc. 401(k) Savings Plan and TrustMvp, Inc. 401(k) Savings Pla…$13MNite Ize, Inc. 401(k) Retirement Savings PlanNite Ize, Inc. 401(k) Retire…$13MPicotte Companies 401(k) Plan$13MConax Technologies LLC 401(k) PlanConax Technologies LLC 401(k…$13MDrata Inc. 401(k) Plan$13M
End-of-year total assets ($M) among Mvp, Inc. 401(k) Savings Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$13M
Net Income-$982K
Employer EIN362650388
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magnum Venus Products, Inc.)

Sponsor-wide plan assets over time

All Magnum Venus Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 6.081006644759631% vs 2022
2024 filing year
$12M$13M$14M$15M 202220232024 $12.6M $13.4M ▲ +6.1%
Year Plans Participants Total Assets
2022 1 167 $13M
2023 1 187 $14M
2024 1 166 $13M

Nearby 401(k) Plans in Tennessee

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

Mvp, Inc. 401(k) Savings Plan and Trust vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Mvp, Inc. 401(k) Savings Plan and Trust, Total assets ($B): 0.013346096 · Participants: 166Mvp, Inc. 401(k) Savings Plan and TrustFedex Corporation Retirement Savings Plan, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.993858777 · Participants: 12564International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.778242011 · Participants: 59441Chs/Community Health Systems, Inc. Retirement Savings Plan
Mvp, Inc. 401(k) Savings Plan and Trust vs. nearby 401(k) plans in Tennessee, assets vs. participants

Mvp, Inc. 401(k) Savings Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Nite Ize, Inc. 401(k) Retirement Savings Plan in CO ($13M); by covered participants it is Awesome 401(k) Plan in CA (166 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (166 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 Mvp, Inc. 401(k) Savings Plan and Trust assets move in 2024?
Mvp, Inc. 401(k) Savings Plan and Trust pulled back noticeably - down 6.9% during 2024, from $14M to $13M. Reported net income was -$982K.
How have Magnum Venus Products, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Magnum Venus Products, Inc.'s sponsor-wide assets grew 6.1%, from $13M to $13M.
Which 401(k) plans are similar in size to Mvp, Inc. 401(k) Savings Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Nite Ize, Inc. 401(k) Retirement Savings Plan in CO ($13M, 193 participants).
Which 401(k) plans cover a similar participant headcount to Mvp, Inc. 401(k) Savings Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Awesome 401(k) Plan in CA (166 participants, $43M in assets).