401(k) · DOL Form 5500 · 2023

National Bankshares Retirement Accumulation Plan 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
200
Participants Below avg headcount
69th
Percentile by assets National rank
$83,389
Avg per participant Below avg balance/head
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Official DOL plan name: National Bankshares, Inc. Retirement Accumulation Plan · Sponsored by National Bankshares Retirement Accumulation Plan · Virginia · Finance & Insurance

$17M in assets, 200 participants

National Bankshares Retirement Accumulation Plan's National Bankshares, Inc. Retirement Accumulation Plan reported $17M in total assets and 200 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #4,866 in Finance & Insurance (8,869 peers)

Coverage in Virginia

National Bankshares, Inc. Retirement Accumulation Plan covers 200 participants in Virginia, about 26% of the average Virginia filer (state average ~782 per filing). Assets: $17M.

#4,866
in Finance & Insurance (8,869 peers)
+15.9%
assets growth YoY

National Bankshares, Inc. Retirement Accumulation Plan's outsized position by total assets

National Bankshares, Inc. Retirement Accumulation Plan vs every filed plan by assets

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

$16,677,706 Top 31% higher than 69% of 127,068 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 2023

National Bankshares, Inc. Retirement Accumulation Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. National Bankshares, Inc. Retirement Accumulation Plan sits mid-pack in the medium band (200 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • National Bankshares, Inc. Retirement Accumulation Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • National Bankshares, Inc. Retirement Accumulation Plan end-of-year assets rose from $14M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • National Bankshares, Inc. Retirement Accumulation Plan reported participants rose from 189 in the plan year 2022 filing to 200 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 541375874 · National Bankshares Retirement Accumulation Plan PY 2023 · 401(k)

National Bankshares, Inc. Retirement Accumulation Plan · $17M · 200 · 69th

  • EIN $17M
  • RANK 200
  • PHOTO 69th
  • IND 401(k)
  • EOY near U.S. Associate Savings Advantage Plan
  • 5500 ind #4866

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 →

National Bankshares, Inc. Retirement Accumulation Plan in the asset neighbourhood

National Bankshares, Inc. Retirement Accumulation PlanNational Bankshares, Inc. Re…$17MU.S. Associate Savings Advantage PlanU.S. Associate Savings Advan…$17MWilkie Lexus 401(k) Profit Sharing PlanWilkie Lexus 401(k) Profit S…$17MAccess Rehab Centers, LLC 401(k) PlanAccess Rehab Centers, LLC 40…$17MTronconi Segarra & Associates LLP 401(k) Profit Sharing PlanTronconi Segarra & Associate…$17M
End-of-year total assets ($M) among National Bankshares, Inc. Retirement Accumulation Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$17M
Net Income$2M
Employer EIN541375874
Plan Effective Date1963-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Bankshares Retirement Accumulation Plan)

Sponsor-wide plan assets over time

All National Bankshares Retirement Accumulation Plan plans reported in each filing year

Latest sponsor-wide plan assets
$64M 22.201197626239946% vs 2022
2024 filing year
$50M$55M$60M$65M 202220232024 $52M $63.6M ▲ +22.2%
Year Plans Participants Total Assets
2022 3 555 $52M
2023 3 580 $56M
2024 3 605 $64M

Nearby 401(k) Plans in Virginia

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

National Bankshares, Inc. Retirement Accumulation Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants National Bankshares, Inc. Retirement Accumulation Plan, Total assets ($B): 0.016677706 · Participants: 200National Bankshares, Inc. Retirement Accumulation PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
National Bankshares, Inc. Retirement Accumulation Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare National Bankshares, Inc. Retirement Accumulation Plan side-by-side with 3 peers →

National Bankshares, Inc. Retirement Accumulation Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is U.S. Associate Savings Advantage Plan in NJ ($17M); by covered participants it is Factorial Restaurant Holdings LLC 401(k) Profit Sharing Plan in IL (200 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (200 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did National Bankshares, Inc. Retirement Accumulation Plan assets move in 2023? ▼
National Bankshares, Inc. Retirement Accumulation Plan grew sharply - up 15.9% during 2023, from $14M to $17M. Reported net income was $2M.
How have National Bankshares Retirement Accumulation Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), National Bankshares Retirement Accumulation Plan's sponsor-wide assets grew 22.2%, from $52M to $64M.
Which 401(k) plans are similar in size to National Bankshares, Inc. Retirement Accumulation Plan? ▼
Among 401(k) plans in other states, the closest by assets is U.S. Associate Savings Advantage Plan in NJ ($17M, 616 participants).
Which 401(k) plans cover a similar participant headcount to National Bankshares, Inc. Retirement Accumulation Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Factorial Restaurant Holdings LLC 401(k) Profit Sharing Plan in IL (200 participants, $443 in assets).

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 541375874.

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.