401(k) · DOL Form 5500 · 2022

Primis Bank 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
443
Participants Below avg headcount
83rd
Percentile by assets National rank
$66,579
Avg per participant Below avg balance/head
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Official DOL plan name: Sba Defined Contribution Plan for Primis Bank · Sponsored by Primis Bank · Virginia · Management of Enterprises

$29M in assets, 443 participants

Primis Bank's Sba Defined Contribution Plan for Primis Bank reported $29M in total assets and 443 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.

  • #768 in Management of Enterprises (1,193 peers)

Where Sba Defined Contribution Plan for Primis Bank sits by assets

Sba Defined Contribution Plan for Primis Bank sits in the top quartile of all filed plans by assets, $29M for 443 participants (~$66,579/participant), down 10.0% in 2022.

#768
in Management of Enterprises (1,193 peers)
-10.0%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sba Defined Contribution Plan for Primis Bank's outsized position by total assets

Sba Defined Contribution Plan for Primis Bank vs every filed plan by assets

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

$29,494,477 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

Sba Defined Contribution Plan for Primis Bank 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. Sba Defined Contribution Plan for Primis Bank sits mid-pack in the medium band (443 participants).

Plan-year Form 5500 strip

Filing strip 202453966 · Primis Bank PY 2022 · 401(k)

Sba Defined Contribution Plan for Primis Bank · $29M · 443 · 83rd

  • PART $29M
  • TYPE 443
  • NET 83rd
  • BOOK 401(k)
  • VS-ST near Jones Plastic & Engineering Company, LLC 401(k) Plan
  • BOY ind #768

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 Management of Enterprises retirement plans → · Plans in Virginia →

Sba Defined Contribution Plan for Primis Bank in the asset neighbourhood

Jones Plastic & Engineering Company, LLC 401(k) PlanJones Plastic & Engineering …$29MJma Wireless 401(k) Plan$29MEngineered Materials Solutions Contribution and 401(k) Savings PlanEngineered Materials Solutio…$29MSba Defined Contribution Plan for Primis BankSba Defined Contribution Pla…$29MBfkn Associate 401(k) Plan$29M
End-of-year total assets ($M) among Sba Defined Contribution Plan for Primis Bank and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$29M
Net Income-$3M
Employer EIN202453966
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Primis Bank)

Sponsor-wide plan assets over time

All Primis Bank plans reported in each filing year

Latest sponsor-wide plan assets
$44M 50.57150869296648% vs 2022
2024 filing year
$25M$30M$35M$40M$45M$50M 202220232024 $29.5M $44.4M ▲ +50.6%
Year Plans Participants Total Assets
2022 1 443 $29M
2023 1 576 $36M
2024 1 541 $44M

Nearby 401(k) Plans in Virginia

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

Sba Defined Contribution Plan for Primis Bank vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Sba Defined Contribution Plan for Primis Bank, Total assets ($B): 0.029494477 · Participants: 443Sba Defined Contribution Plan for Primis BankNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Sba Defined Contribution Plan for Primis Bank vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Sba Defined Contribution Plan for Primis Bank side-by-side with 3 peers →

Sba Defined Contribution Plan for Primis Bank's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Jones Plastic & Engineering Company, LLC 401(k) Plan in KY ($29M); by covered participants it is Oskar Blues Restaurant 401(k) Plan in CO (443 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (443 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 Sba Defined Contribution Plan for Primis Bank assets move in 2022? ▼
Sba Defined Contribution Plan for Primis Bank pulled back noticeably - down 10.0% during 2022, from $33M to $29M. Reported net income was -$3M.
How have Primis Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Primis Bank's sponsor-wide assets grew 50.6%, from $29M to $44M.
Where does Sba Defined Contribution Plan for Primis Bank rank by assets among Form 5500 filers? ▼
Sba Defined Contribution Plan for Primis Bank 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 401(k) plans are similar in size to Sba Defined Contribution Plan for Primis Bank? ▼
Among 401(k) plans in other states, the closest by assets is Jones Plastic & Engineering Company, LLC 401(k) Plan in KY ($29M, 627 participants).
Which 401(k) plans cover a similar participant headcount to Sba Defined Contribution Plan for Primis Bank? ▼
Among 401(k) plans in other states, the closest by covered participants is Oskar Blues Restaurant 401(k) Plan in CO (443 participants, $152K 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 202453966.

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.