Defined Benefit (Pension) · DOL Form 5500 · 2023

Burke & Herbert Bank & Trust Company Pension Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
70
Participants Small participant base
81st
Percentile by assets National rank
$474,143
Avg per participant High balance/head
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Official DOL plan name: Burke & Herbert Bank & Trust Company Retirement Plan · Sponsored by Burke & Herbert Bank & Trust Company · Virginia · Finance & Insurance

$33M in assets, 70 participants

Burke & Herbert Bank & Trust Company's Burke & Herbert Bank & Trust Company Retirement Plan reported $33M in total assets and 70 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.

  • #6,239 in Finance & Insurance (8,869 peers)

Where Burke & Herbert Bank & Trust Company Retirement Plan sits by assets

Burke & Herbert Bank & Trust Company Retirement Plan sits in the top quartile of all filed plans by assets, $33M for 70 participants (~$474,143/participant), up 3.6% in 2023.

#6,239
in Finance & Insurance (8,869 peers)
+3.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Burke & Herbert Bank & Trust Company Retirement Plan's outsized position by total assets

Burke & Herbert Bank & Trust Company Retirement Plan vs every filed plan by assets

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

$33,190,016 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

Burke & Herbert Bank & Trust Company Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Burke & Herbert Bank & Trust Company Retirement Plan is a small filing (70 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Burke & Herbert Bank & Trust Company Retirement Plan reported net income rose from -$14M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Burke & Herbert Bank & Trust Company Retirement Plan reported participants fell from 77 in the plan year 2022 filing to 70 in the plan year 2023 filing.
  • Burke & Herbert Bank & Trust Company Retirement Plan end-of-year assets rose from $32M in the plan year 2022 filing to $33M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 540155785 · Burke & Herbert Bank & Trust Company PY 2023 · Defined Benefit (Pension)

Burke & Herbert Bank & Trust Company Retirement Plan · $33M · 70 · 81st

  • EIN $33M
  • RANK 70
  • PHOTO 81st
  • IND Defined Benefit (Pension)
  • EOY near Retirement Plan of a.a. World Services, Inc. and a.a. Grapevine, Inc.
  • 5500 ind #6239

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 →

Burke & Herbert Bank & Trust Company Retirement Plan in the asset neighbourhood

Retirement Income Plan of Graham CorporationRetirement Income Plan of Gr…$33MRadio, Tv & Recording Arts Pension FundRadio, Tv & Recording Arts P…$33MBurke & Herbert Bank & Trust Company Retirement PlanBurke & Herbert Bank & Trust…$33MRetirement Plan of a.a. World Services, Inc. and a.a. Grapevine, Inc.Retirement Plan of a.a. Worl…$33MRetirement Plan of Fulton Savings BankRetirement Plan of Fulton Sa…$33M
End-of-year total assets ($M) among Burke & Herbert Bank & Trust Company Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$33M
Net Income$1M
Employer EIN540155785
Plan Effective Date1958-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Burke & Herbert Bank & Trust Company)

Sponsor-wide plan assets over time

All Burke & Herbert Bank & Trust Company plans reported in each filing year

Latest sponsor-wide plan assets
$98M 17.268739997125696% vs 2022
2024 filing year
$80M$85M$90M$95M$100M 202220232024 $83.7M $98.2M ▲ +17.3%
Year Plans Participants Total Assets
2022 2 466 $84M
2023 2 483 $94M
2024 2 463 $98M

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Burke & Herbert Bank & Trust Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Burke & Herbert Bank & Trust Company Retirement Plan, Total assets ($B): 0.033190016 · Participants: 70Burke & Herbert Bank & Trust Company Retirement PlanNorthrop Grumman Pension Plan, Total assets ($B): 19.134846358 · Participants: 13674Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 10.184642779 · Participants: 54171Retirement Security PlanNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.450021632 · Participants: 7117Ng Space&mission Systems Corp Salaried Pension PlaSheet Metal Workers' National Pension Fund, Total assets ($B): 8.306466489 · Participants: 61272Sheet Metal Workers' National Pension FundDominion Energy Pension Plan, Total assets ($B): 7.570958933 · Participants: 12263Dominion Energy Pension Plan
Burke & Herbert Bank & Trust Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Burke & Herbert Bank & Trust Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Retirement Plan of a.a. World Services, Inc. and a.a. Grapevine, Inc. in NY ($33M); by covered participants it is Retirement Plan for Employees of Hamlin Bank and Trust Company in PA (70 participants). Same-state nearby plans are listed separately above.

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 Burke & Herbert Bank & Trust Company Retirement Plan assets move in 2023?
Burke & Herbert Bank & Trust Company Retirement Plan edged up modestly - up 3.6% during 2023, from $32M to $33M. Reported net income was $1M.
How have Burke & Herbert Bank & Trust Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Burke & Herbert Bank & Trust Company's sponsor-wide assets grew 17.3%, from $84M to $98M.
Where does Burke & Herbert Bank & Trust Company Retirement Plan rank by assets among Form 5500 filers?
Burke & Herbert Bank & Trust Company Retirement 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 Defined Benefit (Pension) plans are similar in size to Burke & Herbert Bank & Trust Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan of a.a. World Services, Inc. and a.a. Grapevine, Inc. in NY ($33M, 25 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Burke & Herbert Bank & Trust Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of Hamlin Bank and Trust Company in PA (70 participants, $26M in assets).