401(k) · DOL Form 5500 · 2023

The First Bank and Trust Company 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
448
Participants Below avg headcount
82nd
Percentile by assets National rank
$85,698
Avg per participant Below avg balance/head
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Official DOL plan name: First Bank and Trust Company Employee Stock Ownership and Savings Plan · Sponsored by The First Bank and Trust Company · Virginia · Finance & Insurance

$38M in assets, 448 participants

The First Bank and Trust Company's First Bank and Trust Company Employee Stock Ownership and Savings Plan reported $38M in total assets and 448 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #6,493 in Finance & Insurance (8,869 peers)

Where First Bank and Trust Company Employee Stock Ownership and Savings Plan sits by assets

First Bank and Trust Company Employee Stock Ownership and Savings Plan sits in the top quartile of all filed plans by assets, $38M for 448 participants (~$85,698/participant), down 3.4% in 2023.

#6,493
in Finance & Insurance (8,869 peers)
-3.4%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Bank and Trust Company Employee Stock Ownership and Savings Plan's outsized position by total assets

First Bank and Trust Company Employee Stock Ownership and Savings Plan vs every filed plan by assets

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

$38,392,525 Top 18% higher than 82% 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

First Bank and Trust Company Employee Stock Ownership 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. First Bank and Trust Company Employee Stock Ownership and Savings Plan sits mid-pack in the medium band (448 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Bank and Trust Company Employee Stock Ownership and Savings Plan reported net income fell from -$977K in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • First Bank and Trust Company Employee Stock Ownership and Savings Plan reported participants rose from 429 in the plan year 2022 filing to 448 in the plan year 2023 filing.
  • First Bank and Trust Company Employee Stock Ownership and Savings Plan end-of-year assets fell from $40M in the plan year 2022 filing to $38M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 541116387 · The First Bank and Trust Company PY 2023 · 401(k)

First Bank and Trust Company Employee Stock Ownership and Savings Plan · $38M · 448 · 82nd

  • EBSA $38M
  • EBSA 448
  • EBSA 82nd
  • EBSA 401(k)
  • EBSA near Brown Rudnick LLP 401(k) Profit Sharing Plan B
  • EBSA ind #6493

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 →

First Bank and Trust Company Employee Stock Ownership and Savings Plan in the asset neighbourhood

Hinkle Law Firm LLC 401(k) Employee Benefit PlanHinkle Law Firm LLC 401(k) E…$38MFirst Bank and Trust Company Employee Stock Ownership and Savings PlanFirst Bank and Trust Company…$38MBrown Rudnick LLP 401(k) Profit Sharing Plan BBrown Rudnick LLP 401(k) Pro…$38MOoma, Inc. 401(k) Plan$38MChildren's Specialists of San Diego, Amg, Inc. Profit Sharing PlanChildren's Specialists of Sa…$38M
End-of-year total assets ($M) among First Bank and Trust Company Employee Stock Ownership and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$38M
Net Income-$1M
Employer EIN541116387
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The First Bank and Trust Company)

Sponsor-wide plan assets over time

All The First Bank and Trust Company plans reported in each filing year

Latest sponsor-wide plan assets
$44M 10.866724533796553% vs 2022
2024 filing year
$36M$38M$40M$42M$44M$46M 202220232024 $39.8M $44.1M ▲ +10.9%
Year Plans Participants Total Assets
2022 1 429 $40M
2023 1 448 $38M
2024 1 445 $44M

Nearby 401(k) Plans in Virginia

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

First Bank and Trust Company Employee Stock Ownership and Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants First Bank and Trust Company Employee Stock Ownership and Savings Plan, Total assets ($B): 0.038392525 · Participants: 448First Bank and Trust Company Employee Stock Ownership and Savings 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
First Bank and Trust Company Employee Stock Ownership and Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare First Bank and Trust Company Employee Stock Ownership and Savings Plan side-by-side with 3 peers →

First Bank and Trust Company Employee Stock Ownership and Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Brown Rudnick LLP 401(k) Profit Sharing Plan B in MA ($38M); by covered participants it is Deep Well Services 401(k) Profit Sharing Plan in PA (448 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (448 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 First Bank and Trust Company Employee Stock Ownership and Savings Plan assets move in 2023? ▼
First Bank and Trust Company Employee Stock Ownership and Savings Plan edged down modestly - down 3.4% during 2023, from $40M to $38M. Reported net income was -$1M.
How have The First Bank and Trust Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The First Bank and Trust Company's sponsor-wide assets grew 10.9%, from $40M to $44M.
Where does First Bank and Trust Company Employee Stock Ownership and Savings Plan rank by assets among Form 5500 filers? ▼
First Bank and Trust Company Employee Stock Ownership and Savings Plan ranks in the 82nd 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 First Bank and Trust Company Employee Stock Ownership and Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Brown Rudnick LLP 401(k) Profit Sharing Plan B in MA ($38M, 234 participants).
Which 401(k) plans cover a similar participant headcount to First Bank and Trust Company Employee Stock Ownership and Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Deep Well Services 401(k) Profit Sharing Plan in PA (448 participants, $11M 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 541116387.

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.