401(k) · DOL Form 5500 · 2023
Burke & Herbert Bank 401(k) Plan
Data updated 2026-08-25
- $61M
- Total assets Below avg plan size
- 413
- Participants Below avg headcount
- 87th
- Percentile by assets National rank
- $146,897
- Avg per participant Above avg balance/head
Official DOL plan name: Burke & Herbert Bank & Trust Company Investment and Savings Plan · Sponsored by Burke & Herbert Bank · Virginia · Finance & Insurance
$61M in assets, 413 participants
Burke & Herbert Bank's Burke & Herbert Bank & Trust Company Investment and Savings Plan reported $61M in total assets and 413 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.
- #7,155 in Finance & Insurance (8,869 peers)
Where Burke & Herbert Bank & Trust Company Investment and Savings Plan sits by assets
Burke & Herbert Bank & Trust Company Investment and Savings Plan sits in the top quartile of all filed plans by assets, $61M for 413 participants (~$146,897/participant), up 17.4% in 2023.
- #7,155
- in Finance & Insurance (8,869 peers)
- +17.4%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Burke & Herbert Bank & Trust Company Investment and Savings Plan's outsized position by total assets
Burke & Herbert Bank & Trust Company Investment and Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$60,668,606 Top 13% higher than 87% of 127,068 filed plans
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 Investment and Savings 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. Burke & Herbert Bank & Trust Company Investment and Savings Plan sits mid-pack in the medium band (413 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Burke & Herbert Bank & Trust Company Investment and Savings Plan reported net income rose from -$10M in the plan year 2022 filing to $9M in the plan year 2023 filing.
- Burke & Herbert Bank & Trust Company Investment and Savings Plan end-of-year assets rose from $52M in the plan year 2022 filing to $61M in the plan year 2023 filing.
- Burke & Herbert Bank & Trust Company Investment and Savings Plan reported participants rose from 389 in the plan year 2022 filing to 413 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 540155785 · Burke & Herbert Bank PY 2023 · 401(k)
Burke & Herbert Bank & Trust Company Investment and Savings Plan · $61M · 413 · 87th
- PCT $61M
- PCT 413
- PCT 87th
- PCT 401(k)
- PCT near Emergency Technology, Inc. 401(k) and Employee Stock Ownership Plan
- PCT ind #7155
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 Investment and Savings Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $52M |
|---|---|
| Net Assets (End of Year) | $61M |
| Net Income | $9M |
| Employer EIN | 540155785 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Burke & Herbert Bank)
Sponsor-wide plan assets over time
All Burke & Herbert Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $98M 17.268739997125696% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 466 | $84M |
| 2023 | 2 | 483 | $94M |
| 2024 | 2 | 463 | $98M |
Nearby 401(k) Plans in Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Northrop Grumman Savings Plan $36.2B · 97,987
- 401(k) Pension Plan $15.0B · 62,467
- General Dynamics Corporation 401(k) Plan 6.0 $11.2B · 48,860
- Leidos, Inc. Retirement Plan $10.6B · 27,043
- Bae Systems Employees' Savings and Investment Plan $9.4B · 31,681
Burke & Herbert Bank & Trust Company Investment and Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Virginia, the nearest 401(k) by assets is Emergency Technology, Inc. 401(k) and Employee Stock Ownership Plan in MI ($61M); by covered participants it is Menholt Automotive Group 401(k) Plan in MT (413 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($61M here).
Similar participant headcount
Nearest other-state filings by covered participants (413 participants); asset peers above are excluded.
- Menholt Automotive Group 401(k) Plan (MT) 413 · 0 off
- Bmac Retirement Plan (AZ) 413 · 0 off
- Az Pet Vet Holding LLC 401(k) Plan (AZ) 413 · 0 off
- 2seventy Bio, Inc. 401(k) Plan (MA) 413 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.