401(k) · DOL Form 5500 · 2022

Atlantic Union Bankshares Corporation 401(k) Plan

Data updated 2026-08-25

$217M
Total assets Near avg plan size
1,930
Participants Near avg headcount
96th
Percentile by assets National rank
$112,643
Avg per participant Below avg balance/head
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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.

  • #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.

#8,616
in Finance & Insurance (9,261 peers)
-16.6%
assets change YoY
2.2×
vs typical plan assets (national mean)

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.

Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan's outsized position by total assets

Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan vs every filed plan by assets

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

$217,400,296 Top 4% higher than 96% 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

Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan lands in the large band (1,930 participants).

EBSA filing schedule strip

Filing strip 541598552 · Atlantic Union Bankshares Corporation PY 2022 · 401(k)

Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan · $217M · 1,930 · 96th

  • NET $217M
  • BOOK 1,930
  • VS-ST 96th
  • BOY 401(k)
  • SCH near Armanino LLP 401(k) Profit Sharing Plan
  • EBSA ind #8616

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 →

Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan in the asset neighbourhood

Hutchinson Technology Incorporated 401(k) PlanHutchinson Technology Incorp…$218MThe Park National Corporation Employees Stock Ownership PlanThe Park National Corporatio…$217MAtlantic Union Bankshares Corporation 401(k) Profit Sharing PlanAtlantic Union Bankshares Co…$217MArmanino LLP 401(k) Profit Sharing PlanArmanino LLP 401(k) Profit S…$217MAmerican Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate AssociatesAmerican Axle & Manufacturin…$217M
End-of-year total assets ($M) among Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Atlantic Union Bankshares Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$301M 22.922052486629354% vs 2022
2024 filing year
$220M$240M$260M$280M$300M$320M 202220232024 $245M $301M ▲ +22.9%
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 Scatter plot of 6 data points. -20000020000400006000080000100000 -10010203040 Total assets ($B) Participants Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan, Total assets ($B): 0.217400296 · Participants: 1930Atlantic Union Bankshares 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
Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan side-by-side with 3 peers →

Atlantic Union Bankshares 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 Armanino LLP 401(k) Profit Sharing Plan in CA ($217M); by covered participants it is Dcp Services, LLC 401(k) and Retirement Plan in TX (1,930 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,930 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 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).
Which 401(k) plans cover a similar participant headcount to Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dcp Services, LLC 401(k) and Retirement Plan in TX (1,930 participants, N/A 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 541598552.

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.