401(k) · DOL Form 5500 · 2022

Atlantic Union Bankshares Corporation 401(k) Plan

Data updated 2026-08-11

$217M
Total assets
1,930
Participants
96th
Percentile by assets
$112,643
Avg per participant
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Official DOL plan name: Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan · Sponsored by Atlantic Union Bankshares Corporation · Virginia · Finance & Insurance

$217M in assets, 1,930 participants

Atlantic Union Bankshares Corporation's Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan reported $217M in total assets and 1,930 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.

  • 96th percentile by assets (of 139,126 plans)
  • #8,616 in Finance & Insurance (9,261 peers)

Coverage in Virginia

Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan covers 1,930 participants in Virginia, 2.5x the typical Virginia plan (state average ~782 per filing). Assets: $217M.

$217M
total plan assets (2022 EOY)
1,930
covered participants
96th
percentile by assets (of 139,126 plans)
$112,643
avg assets per participant

The plan reported a net loss of $43M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan reports 1,930 participants - 2.5x that state average ($217M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$261M
Net Assets (End of Year)$217M
Net Income-$43M
Employer EIN541598552
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Atlantic Union Bankshares Corporation)

$220M$240M$260M$280M$300M$320M 202220232024 $245M $301M ▲ +22.9%
Total plan assets by year, all Atlantic Union Bankshares Corporation plans on file
Year Plans Participants Total Assets
2022 3 3,626 $245M
2023 1 1,940 $271M
2024 1 1,888 $301M

Nearby 401(k) Plans in Virginia

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

Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -10010203040 Total assets ($B) Participants Atlantic Union Banks…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan assets move in 2022?
Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan declined sharply - down 16.6% during 2022, from $261M to $217M. Reported net income was -$43M.
How have Atlantic Union Bankshares Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Atlantic Union Bankshares Corporation's sponsor-wide assets grew 22.9%, from $245M to $301M.
Where does Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Armanino LLP 401(k) Profit Sharing Plan in CA ($217M, 2,192 participants).

Next read for Atlantic Union Bankshares Corporation 40…

Filing takeaways

Ways to act on Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan's numbers.

  • By total assets, Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
  • Atlantic Union Bankshares Corporation's sponsor-wide assets have grown 22.9% since 2022 across 3 plan years on file. More Finance & Insurance plans