401(k) · DOL Form 5500 · 2023

Atlantic Bay Mortgage Group, LLC 401(k) Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
858
Participants Near avg headcount
89th
Percentile by assets National rank
$81,334
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Atlantic Bay Mortgage Group 401(k) Plan · Sponsored by Atlantic Bay Mortgage Group, LLC · Virginia · Real Estate

$70M in assets, 858 participants

Atlantic Bay Mortgage Group, LLC's Atlantic Bay Mortgage Group 401(k) Plan reported $70M in total assets and 858 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #4,552 in Real Estate (4,727 peers)

Where Atlantic Bay Mortgage Group 401(k) Plan sits by assets

Atlantic Bay Mortgage Group 401(k) Plan sits in the top quartile of all filed plans by assets, $70M for 858 participants (~$81,334/participant), up 18.7% in 2023.

#4,552
in Real Estate (4,727 peers)
+18.7%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Atlantic Bay Mortgage Group 401(k) Plan's outsized position by total assets

Atlantic Bay Mortgage Group 401(k) Plan vs every filed plan by assets

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

$69,784,966 Top 11% higher than 89% 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

Atlantic Bay Mortgage Group 401(k) 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. Atlantic Bay Mortgage Group 401(k) Plan sits mid-pack in the medium band (858 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Atlantic Bay Mortgage Group 401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Atlantic Bay Mortgage Group 401(k) Plan end-of-year assets rose from $59M in the plan year 2022 filing to $70M in the plan year 2023 filing.
  • Atlantic Bay Mortgage Group 401(k) Plan reported participants fell from 990 in the plan year 2022 filing to 858 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 541822116 · Atlantic Bay Mortgage Group, LLC PY 2023 · 401(k)

Atlantic Bay Mortgage Group 401(k) Plan · $70M · 858 · 89th

  • PART $70M
  • TYPE 858
  • NET 89th
  • BOOK 401(k)
  • VS-ST near Hudson Automotive Group 401(k) Retirement Plan
  • BOY ind #4552

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 Real Estate retirement plans → · Plans in Virginia →

Atlantic Bay Mortgage Group 401(k) Plan in the asset neighbourhood

Wideorbit LLC 401(k) Plan$70MBroder Bros., Co. Employees' 401(k) TrustBroder Bros., Co. Employees'…$70MAtlantic Bay Mortgage Group 401(k) PlanAtlantic Bay Mortgage Group …$70MHudson Automotive Group 401(k) Retirement PlanHudson Automotive Group 401(…$70MMyfuture 401(k) Retirement Savings PlanMyfuture 401(k) Retirement S…$70M
End-of-year total assets ($M) among Atlantic Bay Mortgage Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$70M
Net Income$11M
Employer EIN541822116
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Atlantic Bay Mortgage Group, LLC)

Sponsor-wide plan assets over time

All Atlantic Bay Mortgage Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$79M 33.89395657155205% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $58.8M $78.7M ▲ +33.9%
Year Plans Participants Total Assets
2022 1 990 $59M
2023 1 858 $70M
2024 1 790 $79M

Nearby 401(k) Plans in Virginia

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

Atlantic Bay Mortgage Group 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Atlantic Bay Mortgage Group 401(k) Plan, Total assets ($B): 0.069784966 · Participants: 858Atlantic Bay Mortgage Group 401(k) 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
Atlantic Bay Mortgage Group 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Atlantic Bay Mortgage Group 401(k) Plan side-by-side with 3 peers →

Atlantic Bay Mortgage Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Hudson Automotive Group 401(k) Retirement Plan in SC ($70M); by covered participants it is Encore Holdings, LLC 401(k) Plan in RI (858 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($70M here).

Similar participant headcount

Nearest other-state filings by covered participants (858 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 Atlantic Bay Mortgage Group 401(k) Plan assets move in 2023? ▼
Atlantic Bay Mortgage Group 401(k) Plan grew sharply - up 18.7% during 2023, from $59M to $70M. Reported net income was $11M.
How have Atlantic Bay Mortgage Group, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Atlantic Bay Mortgage Group, LLC's sponsor-wide assets grew 33.9%, from $59M to $79M.
Where does Atlantic Bay Mortgage Group 401(k) Plan rank by assets among Form 5500 filers? ▼
Atlantic Bay Mortgage Group 401(k) Plan ranks in the 89th 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 Atlantic Bay Mortgage Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hudson Automotive Group 401(k) Retirement Plan in SC ($70M, 3,246 participants).
Which 401(k) plans cover a similar participant headcount to Atlantic Bay Mortgage Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Encore Holdings, LLC 401(k) Plan in RI (858 participants, $25M 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 541822116.

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.