401(k) · DOL Form 5500 · 2024

The Bank of Charlotte County 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
45
Participants Small participant base
54th
Percentile by assets National rank
$202,915
Avg per participant Above avg balance/head
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Official DOL plan name: Bank of Charlotte County 401(k) & Profit Sharing Plan · Sponsored by The Bank of Charlotte County · Virginia · Management of Enterprises

$9M in assets, 45 participants

The Bank of Charlotte County's Bank of Charlotte County 401(k) & Profit Sharing Plan reported $9M in total assets and 45 participants in its 2024 DOL Form 5500 filing, ranking in the 54th 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.

  • #430 in Management of Enterprises (1,133 peers)

The Bank of Charlotte County multi-year trail

The Bank of Charlotte County's plans moved +27.3% in assets from 2022 to 2024; this filing shows Bank of Charlotte County 401(k) & Profit Sharing Plan at $9M / 45 participants.

#430
in Management of Enterprises (1,133 peers)
+15.7%
assets growth YoY

Bank of Charlotte County 401(k) & Profit Sharing Plan's mid-pack asset rank among Management of Enterprises and all filers

Bank of Charlotte County 401(k) & Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$9,131,187 Top 46% higher than 54% of 123,620 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 2024

Bank of Charlotte County 401(k) & Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bank of Charlotte County 401(k) & Profit Sharing Plan is a small filing (45 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bank of Charlotte County 401(k) & Profit Sharing Plan reported net income rose from $716K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Bank of Charlotte County 401(k) & Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Bank of Charlotte County 401(k) & Profit Sharing Plan reported participants rose from 41 in the plan year 2023 filing to 45 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 540132880 · The Bank of Charlotte County PY 2024 · 401(k)

Bank of Charlotte County 401(k) & Profit Sharing Plan · $9M · 45 · 54th

  • EBSA $9M
  • PART 45
  • TYPE 54th
  • NET 401(k)
  • BOOK near Muncy Homes, Inc. 401(k) Plan
  • VS-ST ind #430

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 →

Bank of Charlotte County 401(k) & Profit Sharing Plan in the asset neighbourhood

Bank of Charlotte County 401(k) & Profit Sharing PlanBank of Charlotte County 401…$9MMuncy Homes, Inc. 401(k) Plan$9MStaffing Plus 401(k) Retirement PlanStaffing Plus 401(k) Retirem…$9MGreenpoint Metals, Inc. 401(k) PlanGreenpoint Metals, Inc. 401(…$9MSuccess Mortgage Partners, Inc. 401(k) PlanSuccess Mortgage Partners, I…$9M
End-of-year total assets ($M) among Bank of Charlotte County 401(k) & Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

The Bank of Charlotte County multi-year asset trail

Sponsor-wide plan assets over time

All The Bank of Charlotte County plans reported in each filing year

Latest sponsor-wide plan assets
$9M 27.29838515177209% vs 2022
2024 filing year
$6M$7M$8M$9M$10M 202220232024 $7.17M $9.13M ▲ +27.3%
Year Plans Participants Total Assets
2022 1 41 $7M
2023 1 41 $8M
2024 1 45 $9M

The Bank of Charlotte County filing trail (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$1M
Employer EIN540132880
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Bank of Charlotte County 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Bank of Charlotte County 401(k) & Profit Sharing Plan, Total assets ($B): 0.009131187 · Participants: 45Bank of Charlotte County 401(k) & Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Bank of Charlotte County 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Bank of Charlotte County 401(k) & Profit Sharing Plan side-by-side with 3 peers →

Bank of Charlotte County 401(k) & Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Muncy Homes, Inc. 401(k) Plan in PA ($9M); by covered participants it is Coact, Inc. 401(k) Plan in MD (45 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (45 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bank of Charlotte County 401(k) & Profit Sharing Plan assets move in 2024? ▼
Bank of Charlotte County 401(k) & Profit Sharing Plan grew sharply - up 15.7% during 2024, from $8M to $9M. Reported net income was $1M.
How have The Bank of Charlotte County plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Bank of Charlotte County's sponsor-wide assets grew 27.3%, from $7M to $9M.
Which 401(k) plans are similar in size to Bank of Charlotte County 401(k) & Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Muncy Homes, Inc. 401(k) Plan in PA ($9M, 136 participants).
Which 401(k) plans cover a similar participant headcount to Bank of Charlotte County 401(k) & Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Coact, Inc. 401(k) Plan in MD (45 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 540132880.

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.