401(k) · DOL Form 5500 · 2024

The First Bank and Trust Company 401(k) Plan

Data updated 2026-08-11

$44M
Total assets: 445
Participants: 83rd
Percentile by assets: $99,040
Avg per participant

Official DOL plan name: First Bank and Trust Company Employee Stock Ownership and Savings Plan · Sponsored by The First Bank and Trust Company · Virginia · Finance & Insurance

$44M in assets, 445 participants

The First Bank and Trust Company's First Bank and Trust Company Employee Stock Ownership and Savings Plan reported $44M in total assets and 445 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

83rd percentile by assets (of 123,622 plans)
#6,256 in Finance & Insurance (8,549 peers)

Where First Bank and Trust Company Employee Stock Ownership and Savings Plan sits by assets

First Bank and Trust Company Employee Stock Ownership and Savings Plan sits in the top quartile of all filed plans by assets, $44M for 445 participants (~$99,040/participant), up 14.8% in 2024.

$44M
total plan assets (2024 EOY): 445
covered participants: 83rd
percentile by assets (of 123,622 plans): $99,040
avg assets per participant

Where First Bank and Trust Company Employee Stock Ownership and Savings Plan sits by total assets

First Bank and Trust Company Employee Stock Ownership and Savings Plan vs every filed plan by assets

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

$44,073,002 Top 17% higher than 83% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

First Bank and Trust Company Employee Stock Ownership and Savings Plan reported net income rose from -$1M in the plan year 2023 filing to $6M in the plan year 2024 filing.
First Bank and Trust Company Employee Stock Ownership and Savings Plan end-of-year assets rose from $38M in the plan year 2023 filing to $44M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Virginia

Industry

Finance & Insurance

First Bank and Trust Company Employee Stock Ownership and Savings Plan vs the 2024 asset distribution

By assets, First Bank and Trust Company Employee Stock Ownership and Savings Plan outranks 83% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$38M
Net Assets (End of Year)	$44M
Net Income	$6M
Employer EIN	541116387
Plan Effective Date	1993-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (The First Bank and Trust Company)

Total plan assets by year, all The First Bank and Trust Company plans on file

Year	Plans	Participants	Total Assets
2022	1	429	$40M
2023	1	448	$38M
2024	1	445	$44M

Nearby 401(k) Plans in Virginia

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

First Bank and Trust Company Employee Stock Ownership and Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Northrop Grumman Savings Plan $39.5B · 104,719
401(k) Pension Plan $16.8B · 62,869
General Dynamics Corporation 401(k) Plan 6.0 $12.4B · 49,414
Capital One Financial Corporation Associate Savings Plan $12.0B · 44,933
Leidos, Inc. Retirement Plan $11.8B · 29,734

Compare First Bank and Trust Company Employee St… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to First Bank and Trust Company Employee Stock Ownership and Savings Plan by total assets, not by location.

Careforth 401(k) Plan (IN) $44M · 712
Central Steel & Wire Company Savings Plan (IL) $44M · 401
Stratacor 401(k) Plan (MN) $44M · 312
Plaza Home Mortgage, Inc. 401(k) Plan (CA) $44M · 423

Frequently Asked Questions

How did First Bank and Trust Company Employee Stock Ownership and Savings Plan assets move in 2024? ▼

First Bank and Trust Company Employee Stock Ownership and Savings Plan grew at a solid clip - up 14.8% during 2024, from $38M to $44M. Reported net income was $6M.

How have The First Bank and Trust Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), The First Bank and Trust Company's sponsor-wide assets grew 10.9%, from $40M to $44M.

Where does First Bank and Trust Company Employee Stock Ownership and Savings Plan rank by assets among Form 5500 filers? ▼

First Bank and Trust Company Employee Stock Ownership and Savings Plan ranks in the 83rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which 401(k) plans are similar in size to First Bank and Trust Company Employee Stock Ownership and Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Careforth 401(k) Plan in IN ($44M, 712 participants).

Next read for First Bank and Trust Company Employee St…

Scale reading

Ways to act on First Bank and Trust Company Employee Stock Ownership and Savings Plan's numbers.

By total assets, First Bank and Trust Company Employee Stock Ownership and Savings Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
The First Bank and Trust Company's sponsor-wide assets have grown 10.9% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 541116387.