Defined Benefit (Pension) · DOL Form 5500 · 2022

National Bankshares, Inc. Pension Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
183
Participants Below avg headcount
83rd
Percentile by assets National rank
$163,080
Avg per participant Above avg balance/head
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Official DOL plan name: National Bankshares, Inc. Retirement Income Plan · Sponsored by National Bankshares, Inc. · Virginia · Finance & Insurance

$30M in assets, 183 participants

National Bankshares, Inc.'s National Bankshares, Inc. Retirement Income Plan reported $30M in total assets and 183 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.

  • #6,683 in Finance & Insurance (9,261 peers)

Coverage in Virginia

National Bankshares, Inc. Retirement Income Plan covers 183 participants in Virginia, about 23% of the average Virginia filer (state average ~782 per filing). Assets: $30M.

#6,683
in Finance & Insurance (9,261 peers)
-17.7%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

National Bankshares, Inc. Retirement Income Plan's outsized position by total assets

National Bankshares, Inc. Retirement Income Plan vs every filed plan by assets

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

$29,843,635 Top 17% higher than 83% of 139,123 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 2022

National Bankshares, Inc. Retirement Income Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. National Bankshares, Inc. Retirement Income Plan sits mid-pack in the medium band (183 participants).

Form 5500 schedule snapshot

Filing strip 541375874 · National Bankshares, Inc. PY 2022 · Defined Benefit (Pension)

National Bankshares, Inc. Retirement Income Plan · $30M · 183 · 83rd

  • PART $30M
  • TYPE 183
  • NET 83rd
  • BOOK Defined Benefit (Pension)
  • VS-ST near Thermotron Employees Retirement Plan
  • BOY ind #6683

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 Virginia →

National Bankshares, Inc. Retirement Income Plan in the asset neighbourhood

Technitrol, Inc. Retirement PlanTechnitrol, Inc. Retirement …$30MKnauf Retirement Plan for Union EmployeesKnauf Retirement Plan for Un…$30MThermotron Employees Retirement PlanThermotron Employees Retirem…$30MNational Bankshares, Inc. Retirement Income PlanNational Bankshares, Inc. Re…$30MMutual Benefit Insurance Company Retirement PlanMutual Benefit Insurance Com…$30M
End-of-year total assets ($M) among National Bankshares, Inc. Retirement Income Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$30M
Net Income-$6M
Employer EIN541375874
Plan Effective Date1963-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Bankshares, Inc.)

Sponsor-wide plan assets over time

All National Bankshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$64M 22.201197626239946% vs 2022
2024 filing year
$50M$55M$60M$65M 202220232024 $52M $63.6M ▲ +22.2%
Year Plans Participants Total Assets
2022 3 555 $52M
2023 3 580 $56M
2024 3 605 $64M

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

National Bankshares, Inc. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants National Bankshares, Inc. Retirement Income Plan, Total assets ($B): 0.029843635 · Participants: 183National Bankshares, Inc. Retirement Income PlanNorthrop Grumman Pension Plan, Total assets ($B): 18.331391337 · Participants: 14867Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 9.385168374 · Participants: 54531Retirement Security PlanNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.061267673 · Participants: 7799Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 7.265847838 · Participants: 12832Dominion Energy Pension PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 7.155241333 · Participants: 61068Sheet Metal Workers' National Pension Fund
National Bankshares, Inc. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare National Bankshares, Inc. Retirement Income Plan side-by-side with 3 peers →

National Bankshares, Inc. Retirement Income Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Thermotron Employees Retirement Plan in WI ($30M); by covered participants it is Moore & Van Allen Pension Plan in NC (183 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($30M here).

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did National Bankshares, Inc. Retirement Income Plan assets move in 2022? ▼
National Bankshares, Inc. Retirement Income Plan declined sharply - down 17.7% during 2022, from $36M to $30M. Reported net income was -$6M.
How have National Bankshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), National Bankshares, Inc.'s sponsor-wide assets grew 22.2%, from $52M to $64M.
Where does National Bankshares, Inc. Retirement Income Plan rank by assets among Form 5500 filers? ▼
National Bankshares, Inc. Retirement Income Plan ranks in the 83rd 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 Defined Benefit (Pension) plans are similar in size to National Bankshares, Inc. Retirement Income Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Thermotron Employees Retirement Plan in WI ($30M, 274 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to National Bankshares, Inc. Retirement Income Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Moore & Van Allen Pension Plan in NC (183 participants, $52M in assets).

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 541375874.

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.