401(k) · DOL Form 5500 · 2024

National Bankshares Inc. Retirement Accumulation Plan 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
209
Participants Below avg headcount
68th
Percentile by assets National rank
$86,885
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: National Bankshares, Inc. Retirement Accumulation Plan · Sponsored by National Bankshares Inc. Retirement Accumulation Plan · Virginia · Finance & Insurance

$18M in assets, 209 participants

National Bankshares Inc. Retirement Accumulation Plan's National Bankshares, Inc. Retirement Accumulation Plan reported $18M in total assets and 209 participants in its 2024 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.

  • #4,507 in Finance & Insurance (8,549 peers)

Coverage in Virginia

National Bankshares, Inc. Retirement Accumulation Plan covers 209 participants in Virginia, about 27% of the average Virginia filer (state average ~782 per filing). Assets: $18M.

#4,507
in Finance & Insurance (8,549 peers)
+8.9%
assets growth YoY

National Bankshares, Inc. Retirement Accumulation Plan's outsized position by total assets

National Bankshares, Inc. Retirement Accumulation Plan vs every filed plan by assets

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

$18,158,943 Top 32% higher than 68% 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

National Bankshares, Inc. Retirement Accumulation Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. National Bankshares, Inc. Retirement Accumulation Plan sits mid-pack in the medium band (209 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • National Bankshares, Inc. Retirement Accumulation Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • National Bankshares, Inc. Retirement Accumulation Plan end-of-year assets rose from $17M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • National Bankshares, Inc. Retirement Accumulation Plan reported participants rose from 200 in the plan year 2023 filing to 209 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 541375874 · National Bankshares Inc. Retirement Accumulation Plan PY 2024 · 401(k)

National Bankshares, Inc. Retirement Accumulation Plan · $18M · 209 · 68th

  • 5500 $18M
  • ASSETS 209
  • PCT 68th
  • EIN 401(k)
  • RANK near Elektrobit Automotive Americas Inc. 401(k) Plan
  • PHOTO ind #4507

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 →

National Bankshares, Inc. Retirement Accumulation Plan in the asset neighbourhood

National Bankshares, Inc. Retirement Accumulation PlanNational Bankshares, Inc. Re…$18MElektrobit Automotive Americas Inc. 401(k) PlanElektrobit Automotive Americ…$18MSwarco Mccain, Inc. 401(k) Profit Sharing PlanSwarco Mccain, Inc. 401(k) P…$18MServercentral LLC 401(k) Profit Sharing Plan & TrustServercentral LLC 401(k) Pro…$18MRough Country 401(k) Profit Sharing PlanRough Country 401(k) Profit …$18M
End-of-year total assets ($M) among National Bankshares, Inc. Retirement Accumulation Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$18M
Net Income$1M
Employer EIN541375874
Plan Effective Date1963-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Bankshares Inc. Retirement Accumulation Plan)

Sponsor-wide plan assets over time

All National Bankshares Inc. Retirement Accumulation Plan plans reported in each filing year

Latest sponsor-wide plan assets
$64M 22.201197626239946% vs 2022
2024 filing year
$50M$55M$60M$65M 202220232024 $52M $63.6M ▲ +22.2%
Year Plans Participants Total Assets
2022 3 555 $52M
2023 3 580 $56M
2024 3 605 $64M

Nearby 401(k) Plans in Virginia

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

National Bankshares, Inc. Retirement Accumulation Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants National Bankshares, Inc. Retirement Accumulation Plan, Total assets ($B): 0.018158943 · Participants: 209National Bankshares, Inc. Retirement Accumulation 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
National Bankshares, Inc. Retirement Accumulation Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare National Bankshares, Inc. Retirement Accumulation Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest 401(k) by assets is Elektrobit Automotive Americas Inc. 401(k) Plan in MI ($18M); by covered participants it is Del Amo Motorsports 401(k) Profit Sharing Plan in CA (209 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (209 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 National Bankshares, Inc. Retirement Accumulation Plan assets move in 2024? ▼
National Bankshares, Inc. Retirement Accumulation Plan grew at a solid clip - up 8.9% during 2024, from $17M to $18M. Reported net income was $1M.
How have National Bankshares Inc. Retirement Accumulation Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), National Bankshares Inc. Retirement Accumulation Plan's sponsor-wide assets grew 22.2%, from $52M to $64M.
Which 401(k) plans are similar in size to National Bankshares, Inc. Retirement Accumulation Plan? ▼
Among 401(k) plans in other states, the closest by assets is Elektrobit Automotive Americas Inc. 401(k) Plan in MI ($18M, 65 participants).
Which 401(k) plans cover a similar participant headcount to National Bankshares, Inc. Retirement Accumulation Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Del Amo Motorsports 401(k) Profit Sharing Plan in CA (209 participants, $291K 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 541375874.

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.