401(k) · DOL Form 5500 · 2023

Atlantic Union Bankshares Corporation 401(k) Plan

Data updated 2026-08-25

$271M
Total assets Near avg plan size
1,940
Participants Near avg headcount
96th
Percentile by assets National rank
$139,719
Avg per participant Near avg balance/head
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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.

  • #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.

#8,261
in Finance & Insurance (8,869 peers)
+24.7%
assets growth YoY
2.7×
vs typical plan assets (national mean)

Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan's outsized position 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 $2,050,000,000 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 Union Bankshares Corporation 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan lands in the large band (1,940 participants).

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 →

DOL schedule card

Filing strip 541598552 · Atlantic Union Bankshares Corporation PY 2023 · 401(k)

Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan · $271M · 1,940 · 96th

  • TYPE $271M
  • NET 1,940
  • BOOK 96th
  • VS-ST 401(k)
  • BOY near Winstead 401(k) Savings and Profit Sharing Plan
  • SCH ind #8261

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 →

Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan in the asset neighbourhood

Accentcare 401(k) Retirement Savings PlanAccentcare 401(k) Retirement…$271MHigh Company LLC Retirement Savings PlanHigh Company LLC Retirement …$271MAtlantic Union Bankshares Corporation 401(k) Profit Sharing PlanAtlantic Union Bankshares Co…$271MWinstead 401(k) Savings and Profit Sharing PlanWinstead 401(k) Savings and …$271M3M Savings Plan$271M
End-of-year total assets ($M) among Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All Atlantic Union Bankshares Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$301M 22.922052486629354% vs 2022
2024 filing year
$220M$240M$260M$280M$300M$320M 202220232024 $245M $301M ▲ +22.9%
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 ($B) Participants Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan, Total assets ($B): 0.271054449 · Participants: 1940Atlantic Union Bankshares Corporation 401(k) Profit Sharing 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 Union Bankshares Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan side-by-side with 3 peers →

Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Winstead 401(k) Savings and Profit Sharing Plan in TX ($271M); by covered participants it is Am/Ns Calvert LLC 401(k) Plan in AL (1,940 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($271M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,940 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 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).
Which 401(k) plans cover a similar participant headcount to Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Am/Ns Calvert LLC 401(k) Plan in AL (1,940 participants, $235M 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 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.