Defined Benefit (Pension) · DOL Form 5500 · 2023

First National Bank Pension Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
148
Participants Small participant base
68th
Percentile by assets National rank
$104,450
Avg per participant Below avg balance/head
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Official DOL plan name: Sba Master Defined Benefit Pension Plan for First National Bank · Sponsored by First National Bank · Virginia · Finance & Insurance

$15M in assets, 148 participants

First National Bank's Sba Master Defined Benefit Pension Plan for First National Bank reported $15M in total assets and 148 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #4,705 in Finance & Insurance (8,869 peers)

Coverage in Virginia

Sba Master Defined Benefit Pension Plan for First National Bank covers 148 participants in Virginia, about 19% of the average Virginia filer (state average ~782 per filing). Assets: $15M.

#4,705
in Finance & Insurance (8,869 peers)
+30.0%
assets growth YoY

Sba Master Defined Benefit Pension Plan for First National Bank's outsized position by total assets

Sba Master Defined Benefit Pension Plan for First National Bank vs every filed plan by assets

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

$15,458,585 Top 32% higher than 68% 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

Sba Master Defined Benefit Pension Plan for First National Bank among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sba Master Defined Benefit Pension Plan for First National Bank sits mid-pack in the medium band (148 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sba Master Defined Benefit Pension Plan for First National Bank reported net income rose from $167K in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Sba Master Defined Benefit Pension Plan for First National Bank end-of-year assets rose from $12M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Sba Master Defined Benefit Pension Plan for First National Bank reported participants rose from 142 in the plan year 2022 filing to 148 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 540211100 · First National Bank PY 2023 · Defined Benefit (Pension)

Sba Master Defined Benefit Pension Plan for First National Bank · $15M · 148 · 68th

  • EOY $15M
  • EOY 148
  • EOY 68th
  • EOY Defined Benefit (Pension)
  • EOY near Carepoint Health, LLC Cash Balance Plan
  • EOY ind #4705

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 Finance & Insurance retirement plans → · Plans in Virginia →

Sba Master Defined Benefit Pension Plan for First National Bank in the asset neighbourhood

Gulf Coast Educators Fcu Employees' Pension PlanGulf Coast Educators Fcu Emp…$15MSba Master Defined Benefit Pension Plan for First National BankSba Master Defined Benefit P…$15MCarepoint Health, LLC Cash Balance PlanCarepoint Health, LLC Cash B…$15MGlobal Partners LP Pension PlanGlobal Partners LP Pension P…$15MDoctors Community Hospital Cash Balance Pension PlanDoctors Community Hospital C…$15M
End-of-year total assets ($M) among Sba Master Defined Benefit Pension Plan for First National Bank and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$15M
Net Income$4M
Employer EIN540211100
Plan Effective Date1955-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First National Bank)

Sponsor-wide plan assets over time

All First National Bank plans reported in each filing year

Latest sponsor-wide plan assets
$29M 47.51326884437591% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $20M $29.4M ▲ +47.5%
Year Plans Participants Total Assets
2022 2 321 $20M
2023 2 327 $25M
2024 2 334 $29M

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sba Master Defined Benefit Pension Plan for First National Bank vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Sba Master Defined Benefit Pension Plan for First National Bank, Total assets ($B): 0.015458585 · Participants: 148Sba Master Defined Benefit Pension Plan for First National BankNorthrop Grumman Pension Plan, Total assets ($B): 19.134846358 · Participants: 13674Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 10.184642779 · Participants: 54171Retirement Security PlanNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.450021632 · Participants: 7117Ng Space&mission Systems Corp Salaried Pension PlaSheet Metal Workers' National Pension Fund, Total assets ($B): 8.306466489 · Participants: 61272Sheet Metal Workers' National Pension FundDominion Energy Pension Plan, Total assets ($B): 7.570958933 · Participants: 12263Dominion Energy Pension Plan
Sba Master Defined Benefit Pension Plan for First National Bank vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Sba Master Defined Benefit Pension Plan for First National Bank side-by-side with 3 peers →

Sba Master Defined Benefit Pension Plan for First National Bank's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Carepoint Health, LLC Cash Balance Plan in CO ($15M); by covered participants it is Univest Financial Corporation Retirement Plan in PA (148 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (148 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 Sba Master Defined Benefit Pension Plan for First National Bank assets move in 2023? ▼
Sba Master Defined Benefit Pension Plan for First National Bank surged - up 30.0% during 2023, from $12M to $15M. Reported net income was $4M.
How have First National Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First National Bank's sponsor-wide assets grew 47.5%, from $20M to $29M.
Which Defined Benefit (Pension) plans are similar in size to Sba Master Defined Benefit Pension Plan for First National Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Carepoint Health, LLC Cash Balance Plan in CO ($15M, 161 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sba Master Defined Benefit Pension Plan for First National Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Univest Financial Corporation Retirement Plan in PA (148 participants, $54M 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 540211100.

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.