401(k) · DOL Form 5500 · 2023

First National Bank 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
179
Participants Small participant base
57th
Percentile by assets National rank
$53,078
Avg per participant Low balance/head
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Official DOL plan name: Sba Defined Contribution Plan for First National Bank · Sponsored by First National Bank · Virginia · Finance & Insurance

$10M in assets, 179 participants

First National Bank's Sba Defined Contribution Plan for First National Bank reported $10M in total assets and 179 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • #3,737 in Finance & Insurance (8,869 peers)

Coverage in Virginia

Sba Defined Contribution Plan for First National Bank covers 179 participants in Virginia, about 23% of the average Virginia filer (state average ~782 per filing). Assets: $10M.

#3,737
in Finance & Insurance (8,869 peers)
+17.9%
assets growth YoY

Sba Defined Contribution Plan for First National Bank's mid-pack asset rank among Finance & Insurance and all filers

Sba Defined Contribution Plan for First National Bank vs every filed plan by assets

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

$9,500,966 Top 43% higher than 57% 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

Sba Defined Contribution Plan for First National Bank 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. Sba Defined Contribution Plan for First National Bank sits mid-pack in the medium band (179 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sba Defined Contribution Plan for First National Bank reported net income rose from -$1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Sba Defined Contribution Plan for First National Bank 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 →

Plan-year Form 5500 strip

Filing strip 540211100 · First National Bank PY 2023 · 401(k)

Sba Defined Contribution Plan for First National Bank · $10M · 179 · 57th

  • SCH $10M
  • EBSA 179
  • PART 57th
  • TYPE 401(k)
  • NET near Texas Boll Weevil Eradication Foundation, Inc. 401(k) Plan
  • BOOK ind #3737

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 →

Sba Defined Contribution Plan for First National Bank in the asset neighbourhood

Sba Defined Contribution Plan for First National BankSba Defined Contribution Pla…$10MTexas Boll Weevil Eradication Foundation, Inc. 401(k) PlanTexas Boll Weevil Eradicatio…$10MKinseth Hotel Corporation 401(k) Retirement Savings PlanKinseth Hotel Corporation 40…$10MBakotic Pathology Associates, LLC 401(k) Profit Sharing Plan and TrustBakotic Pathology Associates…$10MEnnis Steel Industries, Inc. 401(k) PlanEnnis Steel Industries, Inc.…$10M
End-of-year total assets ($M) among Sba Defined Contribution Plan for First National Bank and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$1M
Employer EIN540211100
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First National Bank)

Sponsor-wide plan assets over time

All First National Bank plans reported in each filing year

Latest sponsor-wide plan assets
$29M 47.51326884437591% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $20M $29.4M ▲ +47.5%
Year Plans Participants Total Assets
2022 2 321 $20M
2023 2 327 $25M
2024 2 334 $29M

Nearby 401(k) Plans in Virginia

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

Sba Defined Contribution Plan for First National Bank vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Sba Defined Contribution Plan for First National Bank, Total assets ($B): 0.009500966 · Participants: 179Sba Defined Contribution Plan for First National BankNorthrop 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
Sba Defined Contribution Plan for First National Bank vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Sba Defined Contribution Plan for First National Bank side-by-side with 3 peers →

Sba Defined Contribution Plan for First National Bank's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Texas Boll Weevil Eradication Foundation, Inc. 401(k) Plan in TX ($10M); by covered participants it is Progress Unlimited Inc. 401(k) Profit Sharing Plan and Trust in MD (179 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (179 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 Sba Defined Contribution Plan for First National Bank assets move in 2023? ▼
Sba Defined Contribution Plan for First National Bank grew sharply - up 17.9% during 2023, from $8M to $10M. Reported net income was $1M.
How have First National Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First National Bank's sponsor-wide assets grew 47.5%, from $20M to $29M.
Which 401(k) plans are similar in size to Sba Defined Contribution Plan for First National Bank? ▼
Among 401(k) plans in other states, the closest by assets is Texas Boll Weevil Eradication Foundation, Inc. 401(k) Plan in TX ($10M, 236 participants).
Which 401(k) plans cover a similar participant headcount to Sba Defined Contribution Plan for First National Bank? ▼
Among 401(k) plans in other states, the closest by covered participants is Progress Unlimited Inc. 401(k) Profit Sharing Plan and Trust in MD (179 participants, $4M 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 540211100.

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.