401(k) · DOL Form 5500 · 2023

Bank of Charles Town 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
122
Participants Small participant base
58th
Percentile by assets National rank
$79,616
Avg per participant Below avg balance/head
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Official DOL plan name: Bank of Charles Town 401(k) Retirement Savings Plan · Sponsored by Bank of Charles Town · West Virginia · Finance & Insurance

$10M in assets, 122 participants

Bank of Charles Town's Bank of Charles Town 401(k) Retirement Savings Plan reported $10M in total assets and 122 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #3,781 in Finance & Insurance (8,869 peers)

Coverage in West Virginia

Bank of Charles Town 401(k) Retirement Savings Plan covers 122 participants in West Virginia, about 26% of the average West Virginia filer (state average ~467 per filing). Assets: $10M.

#3,781
in Finance & Insurance (8,869 peers)
+23.8%
assets growth YoY

Bank of Charles Town 401(k) Retirement Savings Plan's mid-pack asset rank among Finance & Insurance and all filers

Bank of Charles Town 401(k) Retirement Savings Plan vs every filed plan by assets

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

$9,713,166 Top 42% higher than 58% 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

Bank of Charles Town 401(k) Retirement 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. Bank of Charles Town 401(k) Retirement Savings Plan sits mid-pack in the medium band (122 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bank of Charles Town 401(k) Retirement Savings Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Bank of Charles Town 401(k) Retirement Savings Plan end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 550118850 · Bank of Charles Town PY 2023 · 401(k)

Bank of Charles Town 401(k) Retirement Savings Plan · $10M · 122 · 58th

  • NET $10M
  • BOOK 122
  • VS-ST 58th
  • BOY 401(k)
  • SCH near Northeastern Pennsylvania Alliance Retirement Plan
  • EBSA ind #3781

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 West Virginia →

Bank of Charles Town 401(k) Retirement Savings Plan in the asset neighbourhood

Bank of Charles Town 401(k) Retirement Savings PlanBank of Charles Town 401(k) …$10MNortheastern Pennsylvania Alliance Retirement PlanNortheastern Pennsylvania Al…$10MAltaone Federal Credit Union 401(k) PlanAltaone Federal Credit Union…$10MMora Retirement Plan$10MThe Chantland-Pvs Company Employees' Retirement and Savings PlanThe Chantland-Pvs Company Em…$10M
End-of-year total assets ($M) among Bank of Charles Town 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

West Virginia filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN550118850
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bank of Charles Town)

Sponsor-wide plan assets over time

All Bank of Charles Town plans reported in each filing year

Latest sponsor-wide plan assets
$11M 32.37296531063375% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $16.8M $11.4M ▼ -32.4%
Year Plans Participants Total Assets
2022 2 145 $17M
2023 2 145 $20M
2024 1 128 $11M

Nearby 401(k) Plans in West Virginia

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

Bank of Charles Town 401(k) Retirement Savings Plan vs. nearby 401(k) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Bank of Charles Town 401(k) Retirement Savings Plan, Total assets ($B): 0.009713166 · Participants: 122Bank of Charles Town 401(k) Retirement Savings PlanOrrick, Herrington & Sutcliffe LLP Retirement Plan, Total assets ($B): 1.063431645 · Participants: 1878Orrick, Herrington & Sutcliffe LLP Retirement PlanCamc Health System Basic Retirement Plan, Total assets ($B): 0.718819432 · Participants: 0Camc Health System Basic Retirement PlanAmerican Public Education Retirement Plan, Total assets ($B): 0.259281173 · Participants: 5728American Public Education Retirement PlanWest Virginia University Health System 401(k) Plan, Total assets ($B): 0.255241932 · Participants: 2525West Virginia University Health System 401(k) PlanUnited Bankshares, Inc. Savings and Stock Investment Plan, Total assets ($B): 0.227919168 · Participants: 2740United Bankshares, Inc. Savings and Stock Investment Plan
Bank of Charles Town 401(k) Retirement Savings Plan vs. nearby 401(k) plans in West Virginia, assets vs. participants
Compare Bank of Charles Town 401(k) Retirement Savings Plan side-by-side with 3 peers →

Bank of Charles Town 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside West Virginia, the nearest 401(k) by assets is Northeastern Pennsylvania Alliance Retirement Plan in PA ($10M); by covered participants it is G & L Davis Meat Co. Inc. 401(k) Plan in NY (122 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (122 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 Bank of Charles Town 401(k) Retirement Savings Plan assets move in 2023? ▼
Bank of Charles Town 401(k) Retirement Savings Plan grew sharply - up 23.8% during 2023, from $8M to $10M. Reported net income was $2M.
How have Bank of Charles Town plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bank of Charles Town's sponsor-wide assets declined 32.4%, from $17M to $11M.
Which 401(k) plans are similar in size to Bank of Charles Town 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Northeastern Pennsylvania Alliance Retirement Plan in PA ($10M, 30 participants).
Which 401(k) plans cover a similar participant headcount to Bank of Charles Town 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is G & L Davis Meat Co. Inc. 401(k) Plan in NY (122 participants, $12M 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 550118850.

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.