Defined Benefit (Pension) · DOL Form 5500 · 2023

Armed Forces Benefit Association Pension Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
166
Participants Small participant base
88th
Percentile by assets National rank
$407,021
Avg per participant High balance/head
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Official DOL plan name: Armed Forces Benefit Association Employee Pension Plan · Sponsored by Armed Forces Benefit Association · Virginia · Other Services

$68M in assets, 166 participants

Armed Forces Benefit Association's Armed Forces Benefit Association Employee Pension Plan reported $68M in total assets and 166 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,483 in Other Services (7,857 peers)

Coverage in Virginia

Armed Forces Benefit Association Employee Pension Plan covers 166 participants in Virginia, about 21% of the average Virginia filer (state average ~782 per filing). Assets: $68M.

#7,483
in Other Services (7,857 peers)
+1.2%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Armed Forces Benefit Association Employee Pension Plan's outsized position by total assets

Armed Forces Benefit Association Employee Pension Plan vs every filed plan by assets

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

$67,565,468 Top 12% higher than 88% 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

Armed Forces Benefit Association Employee Pension 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. Armed Forces Benefit Association Employee Pension Plan sits mid-pack in the medium band (166 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Armed Forces Benefit Association Employee Pension Plan reported net income rose from -$6M in the plan year 2022 filing to $815K in the plan year 2023 filing.
  • Armed Forces Benefit Association Employee Pension Plan reported participants rose from 162 in the plan year 2022 filing to 166 in the plan year 2023 filing.
  • Armed Forces Benefit Association Employee Pension Plan end-of-year assets rose from $67M in the plan year 2022 filing to $68M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 530209087 · Armed Forces Benefit Association PY 2023 · Defined Benefit (Pension)

Armed Forces Benefit Association Employee Pension Plan · $68M · 166 · 88th

  • NET $68M
  • BOOK 166
  • VS-ST 88th
  • BOY Defined Benefit (Pension)
  • SCH near J.G. Boswell Company Employees' Retirement Plan
  • EBSA ind #7483

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 Other Services retirement plans → · Plans in Virginia →

Armed Forces Benefit Association Employee Pension Plan in the asset neighbourhood

Retirement Plan for the Employees of Sequoia Living Inc.Retirement Plan for the Empl…$68M32bj/Broadway League Pension Fund32bj/Broadway League Pension…$68MCopic Companies Defined Benefit Pension Plan and TrustCopic Companies Defined Bene…$68MArmed Forces Benefit Association Employee Pension PlanArmed Forces Benefit Associa…$68MJ.G. Boswell Company Employees' Retirement PlanJ.G. Boswell Company Employe…$68M
End-of-year total assets ($M) among Armed Forces Benefit Association Employee Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$67M
Net Assets (End of Year)$68M
Net Income$815K
Employer EIN530209087
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Armed Forces Benefit Association)

Sponsor-wide plan assets over time

All Armed Forces Benefit Association plans reported in each filing year

Latest sponsor-wide plan assets
$117M 12.499272477471376% vs 2022
2024 filing year
$100M$105M$110M$115M$120M 202220232024 $104M $117M ▲ +12.5%
Year Plans Participants Total Assets
2022 2 332 $104M
2023 2 345 $112M
2024 2 383 $117M

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Armed Forces Benefit Association Employee Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Armed Forces Benefit Association Employee Pension Plan, Total assets ($B): 0.067565468 · Participants: 166Armed Forces Benefit Association Employee Pension PlanNorthrop Grumman Pension Plan, Total assets ($B): 19.134846358 · Participants: 13674Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 10.184642779 · Participants: 54171Retirement Security PlanNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.450021632 · Participants: 7117Ng Space&mission Systems Corp Salaried Pension PlaSheet Metal Workers' National Pension Fund, Total assets ($B): 8.306466489 · Participants: 61272Sheet Metal Workers' National Pension FundDominion Energy Pension Plan, Total assets ($B): 7.570958933 · Participants: 12263Dominion Energy Pension Plan
Armed Forces Benefit Association Employee Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Armed Forces Benefit Association Employee Pension Plan side-by-side with 3 peers →

Armed Forces Benefit Association Employee Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is J.G. Boswell Company Employees' Retirement Plan in CA ($68M); by covered participants it is Dentons US LLP Cash Balance Plan in IL (166 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (166 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 Armed Forces Benefit Association Employee Pension Plan assets move in 2023? ▼
Armed Forces Benefit Association Employee Pension Plan edged up modestly - up 1.2% during 2023, from $67M to $68M. Reported net income was $815K.
How have Armed Forces Benefit Association plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Armed Forces Benefit Association's sponsor-wide assets grew 12.5%, from $104M to $117M.
Where does Armed Forces Benefit Association Employee Pension Plan rank by assets among Form 5500 filers? ▼
Armed Forces Benefit Association Employee Pension Plan ranks in the 88th 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 Defined Benefit (Pension) plans are similar in size to Armed Forces Benefit Association Employee Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is J.G. Boswell Company Employees' Retirement Plan in CA ($68M, 304 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Armed Forces Benefit Association Employee Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Dentons US LLP Cash Balance Plan in IL (166 participants, $30M 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 530209087.

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.