401(k) · DOL Form 5500 · 2024

Primis Bank 401(k) Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
541
Participants Below avg headcount
83rd
Percentile by assets National rank
$82,089
Avg per participant Below avg balance/head
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Official DOL plan name: Sba Defined Contribution Plan for Primis Bank · Sponsored by Primis Bank · Virginia · Management of Enterprises

$44M in assets, 541 participants

Primis Bank's Sba Defined Contribution Plan for Primis Bank reported $44M in total assets and 541 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.

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

Where Sba Defined Contribution Plan for Primis Bank sits by assets

Sba Defined Contribution Plan for Primis Bank sits in the top quartile of all filed plans by assets, $44M for 541 participants (~$82,089/participant), up 22.3% in 2024.

#746
in Management of Enterprises (1,133 peers)
+22.3%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Sba Defined Contribution Plan for Primis Bank's outsized position by total assets

Sba Defined Contribution Plan for Primis Bank vs every filed plan by assets

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

$44,410,279 Top 17% higher than 83% 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

Sba Defined Contribution Plan for Primis Bank 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. Sba Defined Contribution Plan for Primis Bank sits mid-pack in the medium band (541 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sba Defined Contribution Plan for Primis Bank end-of-year assets rose from $36M in the plan year 2023 filing to $44M in the plan year 2024 filing.
  • Sba Defined Contribution Plan for Primis Bank reported net income rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Sba Defined Contribution Plan for Primis Bank reported participants fell from 576 in the plan year 2023 filing to 541 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 202453966 · Primis Bank PY 2024 · 401(k)

Sba Defined Contribution Plan for Primis Bank · $44M · 541 · 83rd

  • NET $44M
  • NET 541
  • NET 83rd
  • NET 401(k)
  • NET near Ellenoff Grossman & Schole LLP 401(k) Profit Sharing Plan & Trust
  • NET ind #746

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 →

Sba Defined Contribution Plan for Primis Bank in the asset neighbourhood

Delta Modtech 401(k) Plan$44MHalloran & Sage, LLP Retirement and Deferred Salary PlanHalloran & Sage, LLP Retirem…$44MSba Defined Contribution Plan for Primis BankSba Defined Contribution Pla…$44MEllenoff Grossman & Schole LLP 401(k) Profit Sharing Plan & TrustEllenoff Grossman & Schole L…$44MIntevac, Inc. 401(k) Profit Sharing Plan and TrustIntevac, Inc. 401(k) Profit …$44M
End-of-year total assets ($M) among Sba Defined Contribution Plan for Primis Bank and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$44M
Net Income$8M
Employer EIN202453966
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Primis Bank)

Sponsor-wide plan assets over time

All Primis Bank plans reported in each filing year

Latest sponsor-wide plan assets
$44M 50.57150869296648% vs 2022
2024 filing year
$25M$30M$35M$40M$45M$50M 202220232024 $29.5M $44.4M ▲ +50.6%
Year Plans Participants Total Assets
2022 1 443 $29M
2023 1 576 $36M
2024 1 541 $44M

Nearby 401(k) Plans in Virginia

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

Sba Defined Contribution Plan for Primis Bank vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Sba Defined Contribution Plan for Primis Bank, Total assets ($B): 0.044410279 · Participants: 541Sba Defined Contribution Plan for Primis BankNorthrop 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
Sba Defined Contribution Plan for Primis Bank vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Sba Defined Contribution Plan for Primis Bank side-by-side with 3 peers →

Sba Defined Contribution Plan for Primis Bank's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Ellenoff Grossman & Schole LLP 401(k) Profit Sharing Plan & Trust in NY ($44M); by covered participants it is Jet Linx Aviation, LLC 401(k) Plan in NE (541 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (541 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 Sba Defined Contribution Plan for Primis Bank assets move in 2024? ▼
Sba Defined Contribution Plan for Primis Bank grew sharply - up 22.3% during 2024, from $36M to $44M. Reported net income was $8M.
How have Primis Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Primis Bank's sponsor-wide assets grew 50.6%, from $29M to $44M.
Where does Sba Defined Contribution Plan for Primis Bank rank by assets among Form 5500 filers? ▼
Sba Defined Contribution Plan for Primis Bank 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 Sba Defined Contribution Plan for Primis Bank? ▼
Among 401(k) plans in other states, the closest by assets is Ellenoff Grossman & Schole LLP 401(k) Profit Sharing Plan & Trust in NY ($44M, 119 participants).
Which 401(k) plans cover a similar participant headcount to Sba Defined Contribution Plan for Primis Bank? ▼
Among 401(k) plans in other states, the closest by covered participants is Jet Linx Aviation, LLC 401(k) Plan in NE (541 participants, $38M 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 202453966.

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.