401(k) · DOL Form 5500 · 2022

Citizens and Farmers Bank 401(k) Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
347
Participants Below avg headcount
86th
Percentile by assets National rank
$117,871
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Vba Defined Contribution Plan for Citizens and Farmers Bank · Sponsored by Citizens and Farmers Bank · Virginia · Finance & Insurance

$41M in assets, 347 participants

Citizens and Farmers Bank's Vba Defined Contribution Plan for Citizens and Farmers Bank reported $41M in total assets and 347 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,219 in Finance & Insurance (9,261 peers)

Coverage in Virginia

Vba Defined Contribution Plan for Citizens and Farmers Bank covers 347 participants in Virginia, about 44% of the average Virginia filer (state average ~782 per filing). Assets: $41M.

#7,219
in Finance & Insurance (9,261 peers)
-16.1%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Vba Defined Contribution Plan for Citizens and Farmers Bank's outsized position by total assets

Vba Defined Contribution Plan for Citizens and Farmers Bank vs every filed plan by assets

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

$40,901,237 Top 14% higher than 86% 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

Vba Defined Contribution Plan for Citizens and Farmers 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. Vba Defined Contribution Plan for Citizens and Farmers Bank sits mid-pack in the medium band (347 participants).

DOL schedule card

Filing strip 540169510 · Citizens and Farmers Bank PY 2022 · 401(k)

Vba Defined Contribution Plan for Citizens and Farmers Bank · $41M · 347 · 86th

  • SCH $41M
  • SCH 347
  • SCH 86th
  • SCH 401(k)
  • SCH near Ardex, L.P. 401(k) Plan
  • SCH ind #7219

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 →

Vba Defined Contribution Plan for Citizens and Farmers Bank in the asset neighbourhood

Apellis Pharmaceuticals, Inc. 401(k) PlanApellis Pharmaceuticals, Inc…$41MThe Tile Shop 401(k) Retirement PlanThe Tile Shop 401(k) Retirem…$41MVba Defined Contribution Plan for Citizens and Farmers BankVba Defined Contribution Pla…$41MArdex, L.P. 401(k) Plan$41MKing Kullen 401 (K) Savings and Investment PlanKing Kullen 401 (K) Savings …$41M
End-of-year total assets ($M) among Vba Defined Contribution Plan for Citizens and Farmers Bank and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$41M
Net Income-$8M
Employer EIN540169510
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Citizens and Farmers Bank)

Sponsor-wide plan assets over time

All Citizens and Farmers Bank plans reported in each filing year

Latest sponsor-wide plan assets
$82M 37.79151272495212% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $59.3M $81.7M ▲ +37.8%
Year Plans Participants Total Assets
2022 2 669 $59M
2023 2 648 $73M
2024 2 709 $82M

Nearby 401(k) Plans in Virginia

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

Vba Defined Contribution Plan for Citizens and Farmers Bank vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Vba Defined Contribution Plan for Citizens and Farmers Bank, Total assets ($B): 0.040901237 · Participants: 347Vba Defined Contribution Plan for Citizens and Farmers 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
Vba Defined Contribution Plan for Citizens and Farmers Bank vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Vba Defined Contribution Plan for Citizens and Farmers Bank side-by-side with 3 peers →

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

Outside Virginia, the nearest 401(k) by assets is Ardex, L.P. 401(k) Plan in PA ($41M); by covered participants it is Spire 401(k) Plan in MN (347 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($41M here).

Similar participant headcount

Nearest other-state filings by covered participants (347 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 Vba Defined Contribution Plan for Citizens and Farmers Bank assets move in 2022? ▼
Vba Defined Contribution Plan for Citizens and Farmers Bank declined sharply - down 16.1% during 2022, from $49M to $41M. Reported net income was -$8M.
How have Citizens and Farmers Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Citizens and Farmers Bank's sponsor-wide assets grew 37.8%, from $59M to $82M.
Where does Vba Defined Contribution Plan for Citizens and Farmers Bank rank by assets among Form 5500 filers? ▼
Vba Defined Contribution Plan for Citizens and Farmers Bank ranks in the 86th 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 Vba Defined Contribution Plan for Citizens and Farmers Bank? ▼
Among 401(k) plans in other states, the closest by assets is Ardex, L.P. 401(k) Plan in PA ($41M, 337 participants).
Which 401(k) plans cover a similar participant headcount to Vba Defined Contribution Plan for Citizens and Farmers Bank? ▼
Among 401(k) plans in other states, the closest by covered participants is Spire 401(k) Plan in MN (347 participants, $32M 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 540169510.

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.