Defined Benefit (Pension) · DOL Form 5500 · 2022

Burke & Herbert Bank & Trust Company Pension Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
77
Participants Small participant base
84th
Percentile by assets National rank
$416,040
Avg per participant High balance/head
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Official DOL plan name: Burke & Herbert Bank & Trust Company Retirement Plan · Sponsored by Burke & Herbert Bank & Trust Company · Virginia · Finance & Insurance

$32M in assets, 77 participants

Burke & Herbert Bank & Trust Company's Burke & Herbert Bank & Trust Company Retirement Plan reported $32M in total assets and 77 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,810 in Finance & Insurance (9,261 peers)

Where Burke & Herbert Bank & Trust Company Retirement Plan sits by assets

Burke & Herbert Bank & Trust Company Retirement Plan sits in the top quartile of all filed plans by assets, $32M for 77 participants (~$416,040/participant), down 30.4% in 2022.

#6,810
in Finance & Insurance (9,261 peers)
-30.4%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Burke & Herbert Bank & Trust Company Retirement Plan's outsized position by total assets

Burke & Herbert Bank & Trust Company Retirement Plan vs every filed plan by assets

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

$32,035,042 Top 16% higher than 84% 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

Burke & Herbert Bank & Trust Company Retirement Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Burke & Herbert Bank & Trust Company Retirement Plan is a small filing (77 participants) on this national headcount ladder.

DOL schedule card

Filing strip 540155785 · Burke & Herbert Bank & Trust Company PY 2022 · Defined Benefit (Pension)

Burke & Herbert Bank & Trust Company Retirement Plan · $32M · 77 · 84th

  • PCT $32M
  • PCT 77
  • PCT 84th
  • PCT Defined Benefit (Pension)
  • PCT near The Pension Plan for the Mott Children's Health Center
  • PCT ind #6810

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 →

Burke & Herbert Bank & Trust Company Retirement Plan in the asset neighbourhood

Pension Plan of Renfro CorporationPension Plan of Renfro Corpo…$32MBurke & Herbert Bank & Trust Company Retirement PlanBurke & Herbert Bank & Trust…$32MThe Pension Plan for the Mott Children's Health CenterThe Pension Plan for the Mot…$32MThe American School for the Deaf Defined Benefit Pension PlanThe American School for the …$32MCentris Federal Credit Union Retirement PlanCentris Federal Credit Union…$32M
End-of-year total assets ($M) among Burke & Herbert Bank & Trust Company Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$32M
Net Income-$14M
Employer EIN540155785
Plan Effective Date1958-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Burke & Herbert Bank & Trust Company)

Sponsor-wide plan assets over time

All Burke & Herbert Bank & Trust Company plans reported in each filing year

Latest sponsor-wide plan assets
$98M 17.268739997125696% vs 2022
2024 filing year
$80M$85M$90M$95M$100M 202220232024 $83.7M $98.2M ▲ +17.3%
Year Plans Participants Total Assets
2022 2 466 $84M
2023 2 483 $94M
2024 2 463 $98M

Nearby Defined Benefit (Pension) Plans in Virginia

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

Burke & Herbert Bank & Trust Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Burke & Herbert Bank & Trust Company Retirement Plan, Total assets ($B): 0.032035042 · Participants: 77Burke & Herbert Bank & Trust Company Retirement 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
Burke & Herbert Bank & Trust Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Burke & Herbert Bank & Trust Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is The Pension Plan for the Mott Children's Health Center in MI ($32M); by covered participants it is Meridian Industries Hourly Union Retirement Plan in WI (77 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (77 participants); asset peers above are excluded.

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 Burke & Herbert Bank & Trust Company Retirement Plan assets move in 2022?
Burke & Herbert Bank & Trust Company Retirement Plan contracted severely - down 30.4% during 2022, from $46M to $32M. Reported net income was -$14M.
How have Burke & Herbert Bank & Trust Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Burke & Herbert Bank & Trust Company's sponsor-wide assets grew 17.3%, from $84M to $98M.
Where does Burke & Herbert Bank & Trust Company Retirement Plan rank by assets among Form 5500 filers?
Burke & Herbert Bank & Trust Company Retirement Plan ranks in the 84th 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 Burke & Herbert Bank & Trust Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Pension Plan for the Mott Children's Health Center in MI ($32M, 71 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Burke & Herbert Bank & Trust Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Meridian Industries Hourly Union Retirement Plan in WI (77 participants, $4M in assets).