401(k) · DOL Form 5500 · 2023

Chesapeake Financial Shares, Inc. 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
251
Participants Below avg headcount
81st
Percentile by assets National rank
$141,176
Avg per participant Near avg balance/head
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Official DOL plan name: Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan · Sponsored by Chesapeake Financial Shares, Inc. · Virginia · Finance & Insurance

$35M in assets, 251 participants

Chesapeake Financial Shares, Inc.'s Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan reported $35M in total assets and 251 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #6,365 in Finance & Insurance (8,869 peers)

Coverage in Virginia

Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan covers 251 participants in Virginia, about 32% of the average Virginia filer (state average ~782 per filing). Assets: $35M.

#6,365
in Finance & Insurance (8,869 peers)
+16.2%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$35,435,067 Top 19% higher than 81% 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

Chesapeake Financial Shares, Inc. 401(k) Profit Sharing 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. Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (251 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan reported net income rose from -$4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $30M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan reported participants rose from 234 in the plan year 2022 filing to 251 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 541210845 · Chesapeake Financial Shares, Inc. PY 2023 · 401(k)

Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan · $35M · 251 · 81st

  • BOOK $35M
  • BOOK 251
  • BOOK 81st
  • BOOK 401(k)
  • BOOK near Sheridan Production Operating Company, LLC 401(k) Savings Plan
  • BOOK ind #6365

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 →

Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Chesapeake Financial Shares, Inc. 401(k) Profit Sharing PlanChesapeake Financial Shares,…$35MSheridan Production Operating Company, LLC 401(k) Savings PlanSheridan Production Operatin…$35MVictorinox Swiss Army, Inc. 401(k) PlanVictorinox Swiss Army, Inc. …$35MRps Holdings 401(k) Plan$35MShottenkirk 401(k) Retirement Savings PlanShottenkirk 401(k) Retiremen…$35M
End-of-year total assets ($M) among Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$35M
Net Income$5M
Employer EIN541210845
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Chesapeake Financial Shares, Inc.)

Sponsor-wide plan assets over time

All Chesapeake Financial Shares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$47M 21.430944051686637% vs 2022
2024 filing year
$35M$40M$45M$50M 202220232024 $39M $47.4M ▲ +21.4%
Year Plans Participants Total Assets
2022 2 442 $39M
2023 2 466 $42M
2024 2 504 $47M

Nearby 401(k) Plans in Virginia

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

Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.035435067 · Participants: 251Chesapeake Financial Shares, Inc. 401(k) Profit Sharing 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
Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Chesapeake Financial Shares, Inc. 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 Sheridan Production Operating Company, LLC 401(k) Savings Plan in TX ($35M); by covered participants it is Drata Inc. 401(k) Plan in CA (251 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (251 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 Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan grew sharply - up 16.2% during 2023, from $30M to $35M. Reported net income was $5M.
How have Chesapeake Financial Shares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Chesapeake Financial Shares, Inc.'s sponsor-wide assets grew 21.4%, from $39M to $47M.
Where does Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sheridan Production Operating Company, LLC 401(k) Savings Plan in TX ($35M, 103 participants).
Which 401(k) plans cover a similar participant headcount to Chesapeake Financial Shares, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Drata Inc. 401(k) Plan in CA (251 participants, $8M 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 541210845.

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.