401(k) · DOL Form 5500 · 2022

Armed Forces Benefit Association 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
170
Participants Small participant base
85th
Percentile by assets National rank
$221,340
Avg per participant Above avg balance/head
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Official DOL plan name: Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan · Sponsored by Armed Forces Benefit Association · Virginia · Other Services

$38M in assets, 170 participants

Armed Forces Benefit Association's Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan reported $38M in total assets and 170 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,822 in Other Services (8,398 peers)

Coverage in Virginia

Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan covers 170 participants in Virginia, about 22% of the average Virginia filer (state average ~782 per filing). Assets: $38M.

#7,822
in Other Services (8,398 peers)
-16.3%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan's outsized position by total assets

Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan vs every filed plan by assets

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

$37,627,752 Top 15% higher than 85% 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

Armed Forces Benefit Association (Afba) 401(k) Incentive Savings 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. Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan sits mid-pack in the medium band (170 participants).

DOL schedule card

Filing strip 530209087 · Armed Forces Benefit Association PY 2022 · 401(k)

Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan · $38M · 170 · 85th

  • SCH $38M
  • SCH 170
  • SCH 85th
  • SCH 401(k)
  • SCH near Eventbrite 401(k) Plan
  • SCH ind #7822

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 Other Services retirement plans → · Plans in Virginia →

Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan in the asset neighbourhood

Armed Forces Benefit Association (Afba) 401(k) Incentive Savings PlanArmed Forces Benefit Associa…$38MEventbrite 401(k) Plan$38MArthur H. Thomas Savings & Investment PlanArthur H. Thomas Savings & I…$38MEvans & Dixon, LLC 401(k) and Retirement PlanEvans & Dixon, LLC 401(k) an…$38MAaa Oregon/Idaho Qualified Employee Savings PlanAaa Oregon/Idaho Qualified E…$38M
End-of-year total assets ($M) among Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$38M
Net Income-$7M
Employer EIN530209087
Plan Effective Date1985-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Armed Forces Benefit Association)

Sponsor-wide plan assets over time

All Armed Forces Benefit Association plans reported in each filing year

Latest sponsor-wide plan assets
$117M 12.499272477471376% vs 2022
2024 filing year
$100M$105M$110M$115M$120M 202220232024 $104M $117M ▲ +12.5%
Year Plans Participants Total Assets
2022 2 332 $104M
2023 2 345 $112M
2024 2 383 $117M

Nearby 401(k) Plans in Virginia

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

Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan, Total assets ($B): 0.037627752 · Participants: 170Armed Forces Benefit Association (Afba) 401(k) Incentive Savings 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
Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan side-by-side with 3 peers →

Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Eventbrite 401(k) Plan in CA ($38M); by covered participants it is La Rosa Del Monte Express (New York), LLC 401(k) Profit Sharing Plan & Trust in NY (170 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($38M here).

Similar participant headcount

Nearest other-state filings by covered participants (170 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 Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan assets move in 2022? ▼
Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan declined sharply - down 16.3% during 2022, from $45M to $38M. Reported net income was -$7M.
How have Armed Forces Benefit Association plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Armed Forces Benefit Association's sponsor-wide assets grew 12.5%, from $104M to $117M.
Where does Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan rank by assets among Form 5500 filers? ▼
Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan ranks in the 85th 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 Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Eventbrite 401(k) Plan in CA ($38M, 395 participants).
Which 401(k) plans cover a similar participant headcount to Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is La Rosa Del Monte Express (New York), LLC 401(k) Profit Sharing Plan & Trust in NY (170 participants, $2M 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 530209087.

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.