MVP HOLDINGS RETIREMENT PLAN

Plan Contact

  • Address: 8301 E 21ST STREET,,WICHITA,KS
  • Contact person: SAMANTHA KIPER
  • Phone: (316) 469-0143

Plan General Information

MVP HOLDINGS RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MVP HOLDINGS RETIREMENT PLAN is $12,848,016.00.This plan was established in 2017.

MVP HOLDINGS RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MVP HOLDINGS RETIREMENT PLAN is 126

MVP HOLDINGS RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MVP HOLDINGS RETIREMENT PLAN is $101,968.00

MVP HOLDINGS RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MVP HOLDINGS RETIREMENT PLAN is $8,269.00.

MVP HOLDINGS RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MVP HOLDINGS RETIREMENT PLAN is approximately $4,752.00
Investing in this additonal $4,752.00 for 20 years would give you extra $304,142.00, assuming a 10% annual return.

MVP HOLDINGS RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, MVP HOLDINGS RETIREMENT PLAN allocates $598,780.00 to match its employees' contributions, providing an employer match rate of 65.53% of their contributions

MVP HOLDINGS RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MVP HOLDINGS RETIREMENT PLAN is 26.21%.

MVP HOLDINGS RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MVP HOLDINGS RETIREMENT PLAN is 17.52%. This measures the effectiveness of the plan participants' investments in the year.

MVP HOLDINGS RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MVP HOLDINGS RETIREMENT PLAN is 0.02%.

Enrollment Features

MVP HOLDINGS RETIREMENT PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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