401(k) · DOL Form 5500 · 2023

Virginia Transformer Corp 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
1,043
Participants Near avg headcount
76th
Percentile by assets National rank
$23,565
Avg per participant Low balance/head
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Official DOL plan name: Virginia Transformer Corp Profit Sharing and Retirement Plan · Sponsored by Virginia Transformer Corp · Virginia · Manufacturing

$25M in assets, 1,043 participants

Virginia Transformer Corp's Virginia Transformer Corp Profit Sharing and Retirement Plan reported $25M in total assets and 1,043 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #12,547 in Manufacturing (18,722 peers)

Where Virginia Transformer Corp Profit Sharing and Retirement Plan sits by assets

Virginia Transformer Corp Profit Sharing and Retirement Plan sits in the top quartile of all filed plans by assets, $25M for 1,043 participants (~$23,565/participant), up 37.3% in 2023.

#12,547
in Manufacturing (18,722 peers)
+37.3%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Virginia Transformer Corp Profit Sharing and Retirement Plan's outsized position by total assets

Virginia Transformer Corp Profit Sharing and Retirement Plan vs every filed plan by assets

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

$24,577,942 Top 24% higher than 76% 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

Virginia Transformer Corp Profit Sharing and Retirement 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. Virginia Transformer Corp Profit Sharing and Retirement Plan lands in the large band (1,043 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Virginia Transformer Corp Profit Sharing and Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Virginia Transformer Corp Profit Sharing and Retirement Plan end-of-year assets rose from $18M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Virginia Transformer Corp Profit Sharing and Retirement Plan reported participants rose from 914 in the plan year 2022 filing to 1,043 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 540895926 · Virginia Transformer Corp PY 2023 · 401(k)

Virginia Transformer Corp Profit Sharing and Retirement Plan · $25M · 1,043 · 76th

  • BOY $25M
  • SCH 1,043
  • EBSA 76th
  • PART 401(k)
  • TYPE near Semblex Corporation Employee Profit Sharing & 401(k) Plan
  • NET ind #12547

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 Manufacturing retirement plans → · Plans in Virginia →

Virginia Transformer Corp Profit Sharing and Retirement Plan in the asset neighbourhood

Virginia Transformer Corp Profit Sharing and Retirement PlanVirginia Transformer Corp Pr…$25MSemblex Corporation Employee Profit Sharing & 401(k) PlanSemblex Corporation Employee…$25MBaxter Hodell Donnelly Preston, Inc. Savings Incentive Plan and TrustBaxter Hodell Donnelly Prest…$25MPala Group, Inc. Savings Plan and TrustPala Group, Inc. Savings Pla…$25MPersonify Corporation 401(k) PlanPersonify Corporation 401(k)…$25M
End-of-year total assets ($M) among Virginia Transformer Corp Profit Sharing and Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$25M
Net Income$7M
Employer EIN540895926
Plan Effective Date1987-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Virginia Transformer Corp)

Sponsor-wide plan assets over time

All Virginia Transformer Corp plans reported in each filing year

Latest sponsor-wide plan assets
$29M 64.25786788627806% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $17.9M $29.4M ▲ +64.2%
Year Plans Participants Total Assets
2022 1 914 $18M
2023 1 1,043 $25M
2024 1 1,433 $29M

Nearby 401(k) Plans in Virginia

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

Virginia Transformer Corp Profit Sharing and Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Virginia Transformer Corp Profit Sharing and Retirement Plan, Total assets ($B): 0.024577942 · Participants: 1043Virginia Transformer Corp Profit Sharing and Retirement 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
Virginia Transformer Corp Profit Sharing and Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Virginia Transformer Corp Profit Sharing and Retirement Plan side-by-side with 3 peers →

Virginia Transformer Corp Profit Sharing and Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Semblex Corporation Employee Profit Sharing & 401(k) Plan in IL ($25M); by covered participants it is New England Authentic Eats 401(k) Plan in MA (1,043 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,043 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 Virginia Transformer Corp Profit Sharing and Retirement Plan assets move in 2023? ▼
Virginia Transformer Corp Profit Sharing and Retirement Plan surged - up 37.3% during 2023, from $18M to $25M. Reported net income was $7M.
How have Virginia Transformer Corp plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Virginia Transformer Corp's sponsor-wide assets grew 64.3%, from $18M to $29M.
Where does Virginia Transformer Corp Profit Sharing and Retirement Plan rank by assets among Form 5500 filers? ▼
Virginia Transformer Corp Profit Sharing and Retirement Plan ranks in the 76th 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 Virginia Transformer Corp Profit Sharing and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Semblex Corporation Employee Profit Sharing & 401(k) Plan in IL ($25M, 269 participants).
Which 401(k) plans cover a similar participant headcount to Virginia Transformer Corp Profit Sharing and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is New England Authentic Eats 401(k) Plan in MA (1,043 participants, $24M 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 540895926.

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.