401(k) · DOL Form 5500 · 2023

Benchmark Community Bank 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
201
Participants Below avg headcount
75th
Percentile by assets National rank
$116,746
Avg per participant Below avg balance/head
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Official DOL plan name: Benchmark Community Bank 401(k) Employee Stock Ownership Plan · Sponsored by Benchmark Community Bank · Virginia · Finance & Insurance

$23M in assets, 201 participants

Benchmark Community Bank's Benchmark Community Bank 401(k) Employee Stock Ownership Plan reported $23M in total assets and 201 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #5,571 in Finance & Insurance (8,869 peers)

Coverage in Virginia

Benchmark Community Bank 401(k) Employee Stock Ownership Plan covers 201 participants in Virginia, about 26% of the average Virginia filer (state average ~782 per filing). Assets: $23M.

#5,571
in Finance & Insurance (8,869 peers)
+23.4%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Benchmark Community Bank 401(k) Employee Stock Ownership Plan's outsized position by total assets

Benchmark Community Bank 401(k) Employee Stock Ownership Plan vs every filed plan by assets

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

$23,465,868 Top 25% higher than 75% 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

Benchmark Community Bank 401(k) Employee Stock Ownership 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. Benchmark Community Bank 401(k) Employee Stock Ownership Plan sits mid-pack in the medium band (201 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Benchmark Community Bank 401(k) Employee Stock Ownership Plan reported net income rose from -$2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Benchmark Community Bank 401(k) Employee Stock Ownership Plan end-of-year assets rose from $19M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Benchmark Community Bank 401(k) Employee Stock Ownership Plan reported participants rose from 195 in the plan year 2022 filing to 201 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 541393963 · Benchmark Community Bank PY 2023 · 401(k)

Benchmark Community Bank 401(k) Employee Stock Ownership Plan · $23M · 201 · 75th

  • RANK $23M
  • PHOTO 201
  • IND 75th
  • EOY 401(k)
  • 5500 near T-Rex Solutions, LLC 401 (K) & Profit Sharing Plan
  • ASSETS ind #5571

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 →

Benchmark Community Bank 401(k) Employee Stock Ownership Plan in the asset neighbourhood

Benchmark Community Bank 401(k) Employee Stock Ownership PlanBenchmark Community Bank 401…$23MT-Rex Solutions, LLC 401 (K) & Profit Sharing PlanT-Rex Solutions, LLC 401 (K)…$23MJonathan Group 401(k) Plan$23MNoodles & Company 401(k) Plan$23MBpl Plasma, Inc. & Affiliates 401(k) and Profit Sharing PlanBpl Plasma, Inc. & Affiliate…$23M
End-of-year total assets ($M) among Benchmark Community Bank 401(k) Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$23M
Net Income$4M
Employer EIN541393963
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Benchmark Community Bank)

Sponsor-wide plan assets over time

All Benchmark Community Bank plans reported in each filing year

Latest sponsor-wide plan assets
$27M 40.90947931818157% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19M $26.8M ▲ +40.9%
Year Plans Participants Total Assets
2022 1 195 $19M
2023 1 201 $23M
2024 1 222 $27M

Nearby 401(k) Plans in Virginia

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

Benchmark Community Bank 401(k) Employee Stock Ownership Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Benchmark Community Bank 401(k) Employee Stock Ownership Plan, Total assets ($B): 0.023465868 · Participants: 201Benchmark Community Bank 401(k) Employee Stock Ownership 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
Benchmark Community Bank 401(k) Employee Stock Ownership Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Benchmark Community Bank 401(k) Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is T-Rex Solutions, LLC 401 (K) & Profit Sharing Plan in MD ($23M); by covered participants it is Satair USA, Inc. Retirement Savings Plan in GA (201 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (201 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 Benchmark Community Bank 401(k) Employee Stock Ownership Plan assets move in 2023?
Benchmark Community Bank 401(k) Employee Stock Ownership Plan grew sharply - up 23.4% during 2023, from $19M to $23M. Reported net income was $4M.
How have Benchmark Community Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Benchmark Community Bank's sponsor-wide assets grew 40.9%, from $19M to $27M.
Where does Benchmark Community Bank 401(k) Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Benchmark Community Bank 401(k) Employee Stock Ownership Plan ranks in the 75th 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 Benchmark Community Bank 401(k) Employee Stock Ownership Plan?
Among 401(k) plans in other states, the closest by assets is T-Rex Solutions, LLC 401 (K) & Profit Sharing Plan in MD ($23M, 206 participants).
Which 401(k) plans cover a similar participant headcount to Benchmark Community Bank 401(k) Employee Stock Ownership Plan?
Among 401(k) plans in other states, the closest by covered participants is Satair USA, Inc. Retirement Savings Plan in GA (201 participants, N/A in assets).