401(k) · DOL Form 5500 · 2023

Cherry Bekaert Advisory LLC 401(k) Plan

Data updated 2026-08-25

$213M
Total assets Near avg plan size
1,481
Participants Near avg headcount
95th
Percentile by assets National rank
$143,662
Avg per participant Near avg balance/head
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Official DOL plan name: Cherry Bekaert Advisory LLC 401(k) Plan · Sponsored by Cherry Bekaert Advisory LLC · Virginia · Professional & Technical Services

$213M in assets, 1,481 participants

Cherry Bekaert Advisory LLC's Cherry Bekaert Advisory LLC 401(k) Plan reported $213M in total assets and 1,481 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #19,537 in Professional & Technical Services (20,321 peers)

Where Cherry Bekaert Advisory LLC 401(k) Plan sits by assets

Cherry Bekaert Advisory LLC 401(k) Plan sits in the top 5% of all filed plans by assets, $213M for 1,481 participants (~$143,662/participant), up 50.7% in 2023.

#19,537
in Professional & Technical Services (20,321 peers)
+50.7%
assets growth YoY
2.1×
vs typical plan assets (national mean)

Cherry Bekaert Advisory LLC 401(k) Plan's outsized position by total assets

Cherry Bekaert Advisory LLC 401(k) Plan vs every filed plan by assets

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

$212,764,054 Top 5% higher than 95% 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

Cherry Bekaert Advisory LLC 401(k) 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. Cherry Bekaert Advisory LLC 401(k) Plan lands in the large band (1,481 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cherry Bekaert Advisory LLC 401(k) Plan reported net income rose from $579K in the plan year 2022 filing to $61M in the plan year 2023 filing.
  • Cherry Bekaert Advisory LLC 401(k) Plan end-of-year assets rose from $141M in the plan year 2022 filing to $213M in the plan year 2023 filing.
  • Cherry Bekaert Advisory LLC 401(k) Plan reported participants rose from 1,271 in the plan year 2022 filing to 1,481 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 560574444 · Cherry Bekaert Advisory LLC PY 2023 · 401(k)

Cherry Bekaert Advisory LLC 401(k) Plan · $213M · 1,481 · 95th

  • EBSA $213M
  • PART 1,481
  • TYPE 95th
  • NET 401(k)
  • BOOK near Washington Regional 401(k) Plan
  • VS-ST ind #19537

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 Professional & Technical Services retirement plans → · Plans in Virginia →

Cherry Bekaert Advisory LLC 401(k) Plan in the asset neighbourhood

Neurocrine Biosciences, Inc. 401(k) Savings PlanNeurocrine Biosciences, Inc.…$213MAmerisure Mutual Insurance Company 401(k) Savings PlanAmerisure Mutual Insurance C…$213MCherry Bekaert Advisory LLC 401(k) PlanCherry Bekaert Advisory LLC …$213MWashington Regional 401(k) PlanWashington Regional 401(k) P…$213MWalker & Dunlop, LLC Retirement Savings PlanWalker & Dunlop, LLC Retirem…$213M
End-of-year total assets ($M) among Cherry Bekaert Advisory LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$141M
Net Assets (End of Year)$213M
Net Income$61M
Employer EIN560574444
Plan Effective Date1988-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cherry Bekaert Advisory LLC)

Sponsor-wide plan assets over time

All Cherry Bekaert Advisory LLC plans reported in each filing year

Latest sponsor-wide plan assets
$263M 86.19742087724887% vs 2022
2024 filing year
$100M$150M$200M$250M$300M 202220232024 $141M $263M ▲ +86.2%
Year Plans Participants Total Assets
2022 2 1,529 $141M
2023 1 1,481 $213M
2024 1 2,470 $263M

Nearby 401(k) Plans in Virginia

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

Cherry Bekaert Advisory LLC 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Cherry Bekaert Advisory LLC 401(k) Plan, Total assets ($B): 0.212764054 · Participants: 1481Cherry Bekaert Advisory LLC 401(k) 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
Cherry Bekaert Advisory LLC 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Cherry Bekaert Advisory LLC 401(k) Plan side-by-side with 3 peers →

Cherry Bekaert Advisory LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Washington Regional 401(k) Plan in AR ($213M); by covered participants it is Oshkosh Corporation Tax Deferred Plan for Production Employees in WI (1,481 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($213M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,481 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 Cherry Bekaert Advisory LLC 401(k) Plan assets move in 2023? ▼
Cherry Bekaert Advisory LLC 401(k) Plan surged - up 50.7% during 2023, from $141M to $213M. Reported net income was $61M.
How have Cherry Bekaert Advisory LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cherry Bekaert Advisory LLC's sponsor-wide assets grew 86.2%, from $141M to $263M.
Where does Cherry Bekaert Advisory LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
Cherry Bekaert Advisory LLC 401(k) Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Cherry Bekaert Advisory LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Washington Regional 401(k) Plan in AR ($213M, 3,429 participants).
Which 401(k) plans cover a similar participant headcount to Cherry Bekaert Advisory LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Oshkosh Corporation Tax Deferred Plan for Production Employees in WI (1,481 participants, $135M 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 560574444.

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.