401(k) · DOL Form 5500 · 2022

Blue Ridge Bankshares, Inc. 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
557
Participants Below avg headcount
77th
Percentile by assets National rank
$35,550
Avg per participant Low balance/head
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Official DOL plan name: Blue Ridge Bankshares, Inc. 401(k) Plan · Sponsored by Blue Ridge Bankshares, Inc. · Virginia · Management of Enterprises

$20M in assets, 557 participants

Blue Ridge Bankshares, Inc.'s Blue Ridge Bankshares, Inc. 401(k) Plan reported $20M in total assets and 557 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

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

Where Blue Ridge Bankshares, Inc. 401(k) Plan sits by assets

Blue Ridge Bankshares, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $20M for 557 participants (~$35,550/participant), down 2.9% in 2022.

#687
in Management of Enterprises (1,193 peers)
-2.9%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $582K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Blue Ridge Bankshares, Inc. 401(k) Plan's outsized position by total assets

Blue Ridge Bankshares, Inc. 401(k) Plan vs every filed plan by assets

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

$19,801,302 Top 23% higher than 77% 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. 401(k) 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. 401(k) Plan sits mid-pack in the medium band (557 participants).

Form 5500 schedule snapshot

Filing strip 541838100 · Blue Ridge Bankshares, Inc. PY 2022 · 401(k)

Blue Ridge Bankshares, Inc. 401(k) Plan · $20M · 557 · 77th

  • NET $20M
  • BOOK 557
  • VS-ST 77th
  • BOY 401(k)
  • SCH near Farmers National Bank 401(k) Plan
  • EBSA ind #687

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 Management of Enterprises retirement plans → · Plans in Virginia →

Blue Ridge Bankshares, Inc. 401(k) Plan in the asset neighbourhood

Blue Ridge Bankshares, Inc. 401(k) PlanBlue Ridge Bankshares, Inc. …$20MFarmers National Bank 401(k) PlanFarmers National Bank 401(k)…$20MThompsongas LLC 401(k) Plan$20MAhbl, Inc. 401(k) Retirement Savings Plan and TrustAhbl, Inc. 401(k) Retirement…$20MInterdesign, Inc. Profit Sharing PlanInterdesign, Inc. Profit Sha…$20M
End-of-year total assets ($M) among Blue Ridge Bankshares, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$20M
Net Income-$582K
Employer EIN541838100
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Ridge Bankshares, Inc.)

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

Nearby 401(k) Plans in Virginia

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

Blue Ridge Bankshares, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Blue Ridge Bankshares, Inc. 401(k) Plan, Total assets ($B): 0.019801302 · Participants: 557Blue Ridge Bankshares, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Blue Ridge Bankshares, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Blue Ridge Bankshares, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Farmers National Bank 401(k) Plan in KY ($20M); by covered participants it is Haile Gold Mine, Inc. 401(k) Profit Sharing Plan in SC (557 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20M here).

Similar participant headcount

Nearest other-state filings by covered participants (557 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. 401(k) Plan assets move in 2022?
Blue Ridge Bankshares, Inc. 401(k) Plan edged down modestly - down 2.9% during 2022, from $20M to $20M. Reported net income was -$582K.
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.
Where does Blue Ridge Bankshares, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Blue Ridge Bankshares, Inc. 401(k) Plan ranks in the 77th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Blue Ridge Bankshares, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Farmers National Bank 401(k) Plan in KY ($20M, 186 participants).
Which 401(k) plans cover a similar participant headcount to Blue Ridge Bankshares, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Haile Gold Mine, Inc. 401(k) Profit Sharing Plan in SC (557 participants, $19M in assets).