401(k) · DOL Form 5500 · 2022

First Community Bankshares, Inc. 401(k) Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
607
Participants Below avg headcount
90th
Percentile by assets National rank
$112,203
Avg per participant Below avg balance/head
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Official DOL plan name: First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan · Sponsored by First Community Bankshares, Inc. · Virginia · Finance & Insurance

$68M in assets, 607 participants

First Community Bankshares, Inc.'s First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan reported $68M in total assets and 607 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,828 in Finance & Insurance (9,261 peers)

Where First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan sits by assets

First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan sits in the top 10% of all filed plans by assets, $68M for 607 participants (~$112,203/participant), down 13.4% in 2022.

#7,828
in Finance & Insurance (9,261 peers)
-13.4%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan's outsized position by total assets

First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan vs every filed plan by assets

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

$68,107,284 Top 10% higher than 90% 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

First Community Bankshares, Inc. Employee Stock Ownership and 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. First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan sits mid-pack in the medium band (607 participants).

EBSA filing schedule strip

Filing strip 550694814 · First Community Bankshares, Inc. PY 2022 · 401(k)

First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan · $68M · 607 · 90th

  • BOY $68M
  • SCH 607
  • EBSA 90th
  • PART 401(k)
  • TYPE near Shamrock Trading Corporation 401(k) Profit Sharing Plan
  • NET ind #7828

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 →

First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan in the asset neighbourhood

Chapman Automotive Group 401(k) Plan and TrustChapman Automotive Group 401…$68MDelta Dental of Washington Savings PlanDelta Dental of Washington S…$68MP2es Holdings 401(k) Plan$68MFirst Community Bankshares, Inc. Employee Stock Ownership and Savings PlanFirst Community Bankshares, …$68MShamrock Trading Corporation 401(k) Profit Sharing PlanShamrock Trading Corporation…$68M
End-of-year total assets ($M) among First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$79M
Net Assets (End of Year)$68M
Net Income-$11M
Employer EIN550694814
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Community Bankshares, Inc.)

Sponsor-wide plan assets over time

All First Community Bankshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$81M 18.484761483074262% vs 2022
2024 filing year
$65M$70M$75M$80M$85M 202220232024 $68.1M $80.7M ▲ +18.5%
Year Plans Participants Total Assets
2022 1 607 $68M
2023 1 700 $74M
2024 1 580 $81M

Nearby 401(k) Plans in Virginia

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

First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan, Total assets ($B): 0.068107284 · Participants: 607First Community Bankshares, Inc. Employee Stock Ownership and 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
First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan side-by-side with 3 peers →

First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Shamrock Trading Corporation 401(k) Profit Sharing Plan in KS ($68M); by covered participants it is Employers Insurance Company of Nevada 401(k) Retirement Plan in NV (607 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($68M here).

Similar participant headcount

Nearest other-state filings by covered participants (607 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 First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan assets move in 2022? ▼
First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan pulled back noticeably - down 13.4% during 2022, from $79M to $68M. Reported net income was -$11M.
How have First Community Bankshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Community Bankshares, Inc.'s sponsor-wide assets grew 18.5%, from $68M to $81M.
Where does First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan rank by assets among Form 5500 filers? ▼
First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Shamrock Trading Corporation 401(k) Profit Sharing Plan in KS ($68M, 1,569 participants).
Which 401(k) plans cover a similar participant headcount to First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Employers Insurance Company of Nevada 401(k) Retirement Plan in NV (607 participants, $103M 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 550694814.

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.