ESOP · DOL Form 5500 · 2023

Tcv Trust & Wealth Management ESOP

Data updated 2026-08-11

$18M
Total assets
37
Participants
70th
Percentile by assets
$480,734
Avg per participant
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Official DOL plan name: The Trust Company of Virginia Employee Stock Ownership Plan · Sponsored by Tcv Trust & Wealth Management · Virginia · Finance & Insurance

$18M in assets, 37 participants

Tcv Trust & Wealth Management's The Trust Company of Virginia Employee Stock Ownership Plan reported $18M in total assets and 37 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

  • 70th percentile by assets (of 127,072 plans)
  • #5,005 in Finance & Insurance (8,869 peers)

Tcv Trust & Wealth Management multi-year trail

Tcv Trust & Wealth Management's plans moved +12.5% in assets from 2022 to 2024; this filing shows The Trust Company of Virginia Employee Stock Ownership Plan at $18M / 37 participants.

$18M
total plan assets (2023 EOY)
37
covered participants
70th
percentile by assets (of 127,072 plans)
$480,734
avg assets per participant

The plan reported a net loss of $277K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where The Trust Company of Virginia Employee Stock Ownership Plan sits by total assets

The Trust Company of Virginia Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$17,787,168 Top 30% higher than 70% of 127,068 filed plans

This plan $0 $2,010,000,000 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Trust Company of Virginia Employee Stock Ownership Plan reported net income fell from $221K in the plan year 2022 filing to -$277K in the plan year 2023 filing.
  • The Trust Company of Virginia Employee Stock Ownership Plan end-of-year assets rose from $17M in the plan year 2022 filing to $18M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Virginia
Industry
Finance & Insurance

Tcv Trust & Wealth Management across 3 plan years on file

Across the 3 plan years Tcv Trust & Wealth Management has on file (2022-2024), sponsor-wide plan assets have moved from $17M to $19M, a gain of 12.5%, while reported participants moved from 37 to 35 (-5.4%). Peak year by sponsor assets: 2024 ($19M); trough: 2022 ($17M).

Tcv Trust & Wealth Management multi-year asset trail

$16M$17M$18M$19M$20M 202220232024 $16.9M $19M ▲ +12.5%
Total plan assets by year, all Tcv Trust & Wealth Management plans on file
Year Plans Participants Total Assets
2022 1 37 $17M
2023 1 37 $18M
2024 1 35 $19M

Tcv Trust & Wealth Management filing trail (2023)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$14M
Net Income-$277K
Employer EIN541685397
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Virginia

Peer ESOP plans, same state, same plan type, ranked by total assets.

The Trust Company of Virginia Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants The Trust Company of…, Total assets ($B): 0.017787168 · Participants: 37The Trust Company of…Nvr, Inc. Employee S…, Total assets ($B): 1.200416394 · Participants: 6866Nvr, Inc. Employee S…The Resorts Companie…, Total assets ($B): 0.351932601 · Participants: 1751The Resorts Companie…American Systems Cor…, Total assets ($B): 0.331314714 · Participants: 1782American Systems Cor…Modern Technology So…, Total assets ($B): 0.321520666 · Participants: 1652Modern Technology So…New River Electrical…, Total assets ($B): 0.320954252 · Participants: 444New River Electrical…
The Trust Company of Virginia Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare The Trust Company of Virginia Employee S… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to The Trust Company of Virginia Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did The Trust Company of Virginia Employee Stock Ownership Plan assets move in 2023? ▼
The Trust Company of Virginia Employee Stock Ownership Plan grew at a solid clip - up 5.2% during 2023, from $17M to $18M. Reported net income was -$277K.
How have Tcv Trust & Wealth Management plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tcv Trust & Wealth Management's sponsor-wide assets grew 12.5%, from $17M to $19M.
Which ESOP plans are similar in size to The Trust Company of Virginia Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Cambridge Bancorp Employee Stock Ownership Plan in MA ($18M, 365 participants).

Next read for The Trust Company of Virginia Employee S…

Multi-year trail

Ways to act on The Trust Company of Virginia Employee Stock Ownership Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 541685397.

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.