401(k) · DOL Form 5500 · 2023

Atlantic Union Bankshares Corporation 401(k) Plan

Data updated 2026-08-11

$271M
Total assets
1,940
Participants
96th
Percentile by assets
$139,719
Avg per participant
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Official DOL plan name: Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan · Sponsored by Atlantic Union Bankshares Corporation · Virginia · Finance & Insurance

$271M in assets, 1,940 participants

Atlantic Union Bankshares Corporation's Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan reported $271M in total assets and 1,940 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #8,261 in Finance & Insurance (8,869 peers)

Coverage in Virginia

Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan covers 1,940 participants in Virginia, 2.5x the typical Virginia plan (state average ~782 per filing). Assets: $271M.

$271M
total plan assets (2023 EOY)
1,940
covered participants
96th
percentile by assets (of 127,072 plans)
$139,719
avg assets per participant

Where Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan sits by total assets

Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan vs every filed plan by assets

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

$271,054,449 Top 4% higher than 96% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan reported net income rose from -$43M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan end-of-year assets rose from $217M in the plan year 2022 filing to $271M in the plan year 2023 filing.
  • Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan reported participants rose from 1,930 in the plan year 2022 filing to 1,940 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Virginia
Industry
Finance & Insurance

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan reports 1,940 participants - 2.5x that state average ($271M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$217M
Net Assets (End of Year)$271M
Net Income$26M
Employer EIN541598552
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Atlantic Union Bankshares Corporation)

$220M$240M$260M$280M$300M$320M 202220232024 $245M $301M ▲ +22.9%
Total plan assets by year, all Atlantic Union Bankshares Corporation plans on file
Year Plans Participants Total Assets
2022 3 3,626 $245M
2023 1 1,940 $271M
2024 1 1,888 $301M

Nearby 401(k) Plans in Virginia

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

Atlantic Union Bankshares Corporation 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 ($B) Participants Atlantic Union Banks…, Total assets ($B): 0.271054449 · Participants: 1940Atlantic Union Banks…Northrop Grumman Sav…, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Sav…401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Cor…, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Cor…Leidos, Inc. Retirem…, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirem…Bae Systems Employee…, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employee…
Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Atlantic Union Bankshares Corporation 40… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan assets move in 2023? ▼
Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan grew sharply - up 24.7% during 2023, from $217M to $271M. Reported net income was $26M.
How have Atlantic Union Bankshares Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Atlantic Union Bankshares Corporation's sponsor-wide assets grew 22.9%, from $245M to $301M.
Where does Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Winstead 401(k) Savings and Profit Sharing Plan in TX ($271M, 440 participants).

Next read for Atlantic Union Bankshares Corporation 40…

Filing takeaways

Ways to act on Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan's numbers.

  • By total assets, Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
  • Atlantic Union Bankshares Corporation's sponsor-wide assets have grown 22.9% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 541598552.

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.