ESOP · DOL Form 5500 · 2022

Blue Ridge Bankshares, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
689
Participants Below avg headcount
34th
Percentile by assets National rank
$2,942
Avg per participant Low balance/head
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Official DOL plan name: Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan · Sponsored by Blue Ridge Bankshares, Inc. · Virginia · Management of Enterprises

$2M in assets, 689 participants

Blue Ridge Bankshares, Inc.'s Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan reported $2M in total assets and 689 participants in its 2022 DOL Form 5500 filing, ranking in the 34th 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.

  • #243 in Management of Enterprises (1,193 peers)

2022 asset change

Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan declined sharply 23.5% in 2022 ($3M → $2M) for 689 participants.

#243
in Management of Enterprises (1,193 peers)
-23.5%
assets change YoY

The plan reported a net loss of $626K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Management of Enterprises and all filers

Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$2,027,050 34th percentile higher than 34% of 139,123 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 2022

Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (689 participants).

DOL schedule card

Filing strip 541838100 · Blue Ridge Bankshares, Inc. PY 2022 · ESOP

Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan · $2M · 689 · 34th

  • NET $2M
  • BOOK 689
  • VS-ST 34th
  • BOY ESOP
  • SCH near Total Truck Parts, Inc. Employee Stock Ownership Plan
  • EBSA ind #243

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 What is an ESOP? → · Plans in Virginia →

Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Blue Ridge Bankshares, Inc. Employee Stock Ownership PlanBlue Ridge Bankshares, Inc. …$2MTotal Truck Parts, Inc. Employee Stock Ownership PlanTotal Truck Parts, Inc. Empl…$2MStetson Engineers, Inc. Employee Stock Ownership PlanStetson Engineers, Inc. Empl…$2MStailey Insurance Corporation Employee Stock Ownership PlanStailey Insurance Corporatio…$2MFrench-Reneker Associates, Inc. Employee Stock Ownership PlanFrench-Reneker Associates, I…$2M
End-of-year total assets ($M) among Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Blue Ridge Bankshares, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Blue Ridge Bankshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 9.955311591263838% vs 2022
2024 filing year
$24M$26M$28M$30M 202220232024 $25.9M $28.4M ▲ +10.0%
Year Plans Participants Total Assets
2022 3 1,343 $26M
2023 3 1,142 $25M
2024 2 1,065 $28M

2022 asset-move particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$2M
Net Income-$626K
Employer EIN541838100
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Virginia

Peer ESOP plans, same state, same plan type, ranked by total assets.

Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. 02000400060008000 -20002004006008001000 Total assets ($M) Participants Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan, Total assets ($M): 2.02705 · Participants: 689Blue Ridge Bankshares, Inc. Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($M): 862.945849 · Participants: 6910Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($M): 301.066368 · Participants: 1695The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($M): 291.782297 · Participants: 1828American Systems Corporation Employee Stock Ownership PlanNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($M): 287.62409 · Participants: 424New River Electrical Corporation Employee Stock Ownership PlanDavis H. Elliot Company, Incorporated Employee Stock Ownership Plan, Total assets ($M): 237.22873 · Participants: 1882Davis H. Elliot Company, Incorporated Employee Stock Ownership Plan
Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Total Truck Parts, Inc. Employee Stock Ownership Plan in FL ($2M); by covered participants it is Allied Motion Technologies Inc. Employees' Stock Ownership Plan in NY (689 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (689 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan declined sharply - down 23.5% during 2022, from $3M to $2M. Reported net income was -$626K.
How have Blue Ridge Bankshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Blue Ridge Bankshares, Inc.'s sponsor-wide assets grew 10.0%, from $26M to $28M.
Which ESOP plans are similar in size to Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Total Truck Parts, Inc. Employee Stock Ownership Plan in FL ($2M, 84 participants).
Which ESOP plans cover a similar participant headcount to Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Allied Motion Technologies Inc. Employees' Stock Ownership Plan in NY (689 participants, $23M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 541838100.

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.