401(k) · DOL Form 5500 · 2022

Old Point Financial Corporation 401(k) Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
432
Participants Below avg headcount
87th
Percentile by assets National rank
$102,771
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Old Point Financial Corporation 401(k) Profit Sharing Plan · Sponsored by Old Point Financial Corporation · Virginia · Finance & Insurance

$44M in assets, 432 participants

Old Point Financial Corporation's Old Point Financial Corporation 401(k) Profit Sharing Plan reported $44M in total assets and 432 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,321 in Finance & Insurance (9,261 peers)

Where Old Point Financial Corporation 401(k) Profit Sharing Plan sits by assets

Old Point Financial Corporation 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $44M for 432 participants (~$102,771/participant), down 16.3% in 2022.

#7,321
in Finance & Insurance (9,261 peers)
-16.3%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Old Point Financial Corporation 401(k) Profit Sharing Plan's outsized position by total assets

Old Point Financial Corporation 401(k) Profit Sharing Plan vs every filed plan by assets

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

$44,396,892 Top 13% higher than 87% 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

Old Point Financial Corporation 401(k) Profit Sharing 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. Old Point Financial Corporation 401(k) Profit Sharing Plan sits mid-pack in the medium band (432 participants).

Published 5500 schedule card

Filing strip 541265373 · Old Point Financial Corporation PY 2022 · 401(k)

Old Point Financial Corporation 401(k) Profit Sharing Plan · $44M · 432 · 87th

  • PCT $44M
  • PCT 432
  • PCT 87th
  • PCT 401(k)
  • PCT near Valence Media 401(k) Plan
  • PCT ind #7321

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 →

Old Point Financial Corporation 401(k) Profit Sharing Plan in the asset neighbourhood

Old Point Financial Corporation 401(k) Profit Sharing PlanOld Point Financial Corporat…$44MValence Media 401(k) Plan$44MIqor Retirement Savings Plan$44MDpe Retirement Savings Plan$44MJamco Retirement Plan$44M
End-of-year total assets ($M) among Old Point Financial Corporation 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$44M
Net Income-$9M
Employer EIN541265373
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Old Point Financial Corporation)

Sponsor-wide plan assets over time

All Old Point Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$56M 25.0182692968688% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $44.4M $55.5M ▲ +25.0%
Year Plans Participants Total Assets
2022 1 432 $44M
2023 1 295 $52M
2024 1 296 $56M

Nearby 401(k) Plans in Virginia

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

Old Point Financial Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Old Point Financial Corporation 401(k) Profit Sharing Plan, Total assets ($B): 0.044396892 · Participants: 432Old Point Financial Corporation 401(k) Profit Sharing PlanNorthrop 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
Old Point Financial Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Old Point Financial Corporation 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Valence Media 401(k) Plan in CA ($44M); by covered participants it is Iteris, Inc 401(k) and Stock Ownership Plan in CA (432 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($44M here).

Similar participant headcount

Nearest other-state filings by covered participants (432 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 Old Point Financial Corporation 401(k) Profit Sharing Plan assets move in 2022?
Old Point Financial Corporation 401(k) Profit Sharing Plan declined sharply - down 16.3% during 2022, from $53M to $44M. Reported net income was -$9M.
How have Old Point Financial Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Old Point Financial Corporation's sponsor-wide assets grew 25.0%, from $44M to $56M.
Where does Old Point Financial Corporation 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Old Point Financial Corporation 401(k) Profit Sharing Plan ranks in the 87th 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 Old Point Financial Corporation 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Valence Media 401(k) Plan in CA ($44M, 343 participants).
Which 401(k) plans cover a similar participant headcount to Old Point Financial Corporation 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Iteris, Inc 401(k) and Stock Ownership Plan in CA (432 participants, $72M in assets).