401(k) · DOL Form 5500 · 2022
TOWNEBANK 401(k) Plan
Data updated 2026-08-25
- $245M
- Total assets Near avg plan size
- 2,678
- Participants Above avg headcount
- 96th
- Percentile by assets National rank
- $91,358
- Avg per participant Below avg balance/head
Official DOL plan name: Townebank Stock and Savings Plan · Sponsored by TOWNEBANK · Virginia · Finance & Insurance
$245M in assets, 2,678 participants
TOWNEBANK's Townebank Stock and Savings Plan reported $245M in total assets and 2,678 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- #8,671 in Finance & Insurance (9,261 peers)
Coverage in Virginia
Townebank Stock and Savings Plan covers 2,678 participants in Virginia, 3.4x the typical Virginia plan (state average ~782 per filing). Assets: $245M.
- #8,671
- in Finance & Insurance (9,261 peers)
- -11.8%
- assets change YoY
- 2.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $33M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Townebank Stock and Savings Plan's outsized position by total assets
Townebank Stock and Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$244,657,805 Top 4% higher than 96% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Townebank Stock and Savings Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Townebank Stock and Savings Plan lands in the large band (2,678 participants).
EBSA filing schedule strip
Filing strip 541910608 · TOWNEBANK PY 2022 · 401(k)
Townebank Stock and Savings Plan · $245M · 2,678 · 96th
- VS-ST $245M
- BOY 2,678
- SCH 96th
- EBSA 401(k)
- PART near Petco Animal Supplies, Inc. 401(k) Plan
- TYPE ind #8671
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 →
Townebank Stock and Savings Plan in the asset neighbourhood
Virginia filing particulars
| Total Assets (Beginning of Year) | $278M |
|---|---|
| Net Assets (End of Year) | $245M |
| Net Income | -$33M |
| Employer EIN | 541910608 |
| Plan Effective Date | 1999-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (TOWNEBANK)
Sponsor-wide plan assets over time
All TOWNEBANK plans reported in each filing year
- Latest sponsor-wide plan assets
- $320M 30.887026064833695% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,678 | $245M |
| 2023 | 1 | 2,796 | $283M |
| 2024 | 1 | 2,701 | $320M |
Nearby 401(k) Plans in Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Northrop Grumman Savings Plan $32.6B · 92,420
- 401(k) Pension Plan $13.0B · 61,481
- General Dynamics Corporation 401(k) Plan 6.0 $9.6B · 36,822
- Leidos, Inc. Retirement Plan $8.7B · 26,125
- Bae Systems Employees' Savings and Investment Plan $8.2B · 31,556
Townebank Stock and Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Virginia, the nearest 401(k) by assets is Petco Animal Supplies, Inc. 401(k) Plan in CA ($245M); by covered participants it is Audiology Benefits 401(k) Plan I in NJ (2,679 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($245M here).
- Petco Animal Supplies, Inc. 401(k) Plan (CA) $245M · 23,925
- Aspentech 401(k) Savings Plan (MA) $245M · 845
- Anritsu Company Salary Deferral Plan (CA) $245M · 526
- Kering Americas, Inc. Retirement and Savings Plan (NJ) $245M · 4,033
Similar participant headcount
Nearest other-state filings by covered participants (2,678 participants); asset peers above are excluded.
- Audiology Benefits 401(k) Plan I (NJ) 2,679 · 1 off
- Sheppard Pratt Health System Thrift Plan (MD) 2,677 · 1 off
- Msd Employee Stock Purchase & Savings Plan (NJ) 2,680 · 2 off
- Blackbaud Retirement Savings Plan (SC) 2,676 · 2 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.