401(k) · DOL Form 5500 · 2022

Burke & Herbert Bank 401(k) Plan

Data updated 2026-08-11

$52M
Total assets
389
Participants
88th
Percentile by assets
$132,833
Avg per participant
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Official DOL plan name: Burke & Herbert Bank & Trust Company Investment and Savings Plan · Sponsored by Burke & Herbert Bank · Virginia · Finance & Insurance

$52M in assets, 389 participants

Burke & Herbert Bank's Burke & Herbert Bank & Trust Company Investment and Savings Plan reported $52M in total assets and 389 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • 88th percentile by assets (of 139,126 plans)
  • #7,510 in Finance & Insurance (9,261 peers)

Coverage in Virginia

Burke & Herbert Bank & Trust Company Investment and Savings Plan covers 389 participants in Virginia, about 50% of the average Virginia filer (state average ~782 per filing). Assets: $52M.

$52M
total plan assets (2022 EOY)
389
covered participants
88th
percentile by assets (of 139,126 plans)
$132,833
avg assets per participant

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Burke & Herbert Bank & Trust Company Investment and Savings Plan sits by total assets

Burke & Herbert Bank & Trust Company Investment and Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$51,672,148 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,010,000,000 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 2022

State
Virginia
Industry
Finance & Insurance

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Burke & Herbert Bank & Trust Company Investment and Savings Plan reports 389 participants - about 50% of that state average ($52M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$61M
Net Assets (End of Year)$52M
Net Income-$10M
Employer EIN540155785
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Burke & Herbert Bank)

$80M$85M$90M$95M$100M 202220232024 $83.7M $98.2M ▲ +17.3%
Total plan assets by year, all Burke & Herbert Bank plans on file
Year Plans Participants Total Assets
2022 2 466 $84M
2023 2 483 $94M
2024 2 463 $98M

Nearby 401(k) Plans in Virginia

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

Burke & Herbert Bank & Trust Company Investment and Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Burke & Herbert Bank…, Total assets ($B): 0.051672148 · Participants: 389Burke & Herbert Bank…Northrop Grumman Sav…, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Sav…401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Cor…, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Cor…Leidos, Inc. Retirem…, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirem…Bae Systems Employee…, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employee…
Burke & Herbert Bank & Trust Company Investment and Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Burke & Herbert Bank & Trust Company Inv… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Burke & Herbert Bank & Trust Company Investment and Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Burke & Herbert Bank & Trust Company Investment and Savings Plan assets move in 2022? ▼
Burke & Herbert Bank & Trust Company Investment and Savings Plan declined sharply - down 15.8% during 2022, from $61M to $52M. Reported net income was -$10M.
How have Burke & Herbert Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Burke & Herbert Bank's sponsor-wide assets grew 17.3%, from $84M to $98M.
Where does Burke & Herbert Bank & Trust Company Investment and Savings Plan rank by assets among Form 5500 filers? ▼
Burke & Herbert Bank & Trust Company Investment and Savings Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Burke & Herbert Bank & Trust Company Investment and Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Terra Holdings 401(k) Plan in NY ($52M, 453 participants).

Next read for Burke & Herbert Bank & Trust Company Inv…

Filing takeaways

Ways to act on Burke & Herbert Bank & Trust Company Investment and Savings Plan's numbers.

  • By total assets, Burke & Herbert Bank & Trust Company Investment and Savings Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
  • Burke & Herbert Bank's sponsor-wide assets have grown 17.3% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 540155785.

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.