MV TRANSPORTATION, INC. 401(K) PLAN

Plan Contact

  • Address: 2711 N. HASKELL,,DALLAS,TX
  • Contact person: SCOTT BAKER
  • Phone: (972) 391-4629

Plan General Information

MV TRANSPORTATION, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MV TRANSPORTATION, INC. 401(K) PLAN is $35,402,487.00.This plan was established in 1997.

MV TRANSPORTATION, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MV TRANSPORTATION, INC. 401(K) PLAN is 6986

MV TRANSPORTATION, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MV TRANSPORTATION, INC. 401(K) PLAN is $5,067.00

MV TRANSPORTATION, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MV TRANSPORTATION, INC. 401(K) PLAN is $797.00.

MV TRANSPORTATION, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MV TRANSPORTATION, INC. 401(K) PLAN is approximately $60.00
Investing in this additonal $60.00 for 20 years would give you extra $3,848.00, assuming a 10% annual return.

MV TRANSPORTATION, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, MV TRANSPORTATION, INC. 401(K) PLAN allocates $420,109.00 to match its employees' contributions, providing an employer match rate of 7.26% of their contributions

MV TRANSPORTATION, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MV TRANSPORTATION, INC. 401(K) PLAN is 14.86%.

MV TRANSPORTATION, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MV TRANSPORTATION, INC. 401(K) PLAN is 16.91%. This measures the effectiveness of the plan participants' investments in the year.

MV TRANSPORTATION, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MV TRANSPORTATION, INC. 401(K) PLAN is 0.70%.

Enrollment Features

MV TRANSPORTATION, INC. 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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