401(k) · DOL Form 5500 · 2024

Old Point Financial Corporation 401(k) Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
296
Participants Below avg headcount
85th
Percentile by assets National rank
$187,514
Avg per participant Above avg balance/head
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Official DOL plan name: Old Point Financial Corporation 401(k) Profit Sharing Plan · Sponsored by Old Point Financial Corporation · Virginia · Finance & Insurance

$56M in assets, 296 participants

Old Point Financial Corporation's Old Point Financial Corporation 401(k) Profit Sharing Plan reported $56M in total assets and 296 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #6,592 in Finance & Insurance (8,549 peers)

Coverage in Virginia

Old Point Financial Corporation 401(k) Profit Sharing Plan covers 296 participants in Virginia, about 38% of the average Virginia filer (state average ~782 per filing). Assets: $56M.

#6,592
in Finance & Insurance (8,549 peers)
+7.5%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Old Point Financial Corporation 401(k) Profit Sharing Plan's outsized position by total assets

Old Point Financial Corporation 401(k) Profit Sharing Plan vs every filed plan by assets

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

$55,504,226 Top 15% higher than 85% 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

Old Point Financial Corporation 401(k) Profit Sharing 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. Old Point Financial Corporation 401(k) Profit Sharing Plan sits mid-pack in the medium band (296 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Old Point Financial Corporation 401(k) Profit Sharing Plan reported net income fell from $7M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Old Point Financial Corporation 401(k) Profit Sharing Plan end-of-year assets rose from $52M in the plan year 2023 filing to $56M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 541265373 · Old Point Financial Corporation PY 2024 · 401(k)

Old Point Financial Corporation 401(k) Profit Sharing Plan · $56M · 296 · 85th

  • TYPE $56M
  • TYPE 296
  • TYPE 85th
  • TYPE 401(k)
  • TYPE near Birla Carbon USA Employees Savings Plan
  • TYPE ind #6592

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 →

Old Point Financial Corporation 401(k) Profit Sharing Plan in the asset neighbourhood

Presence Marketing, LLC Retirement PlanPresence Marketing, LLC Reti…$56MBirla Carbon USA Employees Savings PlanBirla Carbon USA Employees S…$56MOld Point Financial Corporation 401(k) Profit Sharing PlanOld Point Financial Corporat…$56MAqua Dermatology 401(k) Profit Sharing PlanAqua Dermatology 401(k) Prof…$55MAlphia, Inc. 401(k) Plan$55M
End-of-year total assets ($M) among Old Point Financial Corporation 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$56M
Net Income$4M
Employer EIN541265373
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Old Point Financial Corporation)

Sponsor-wide plan assets over time

All Old Point Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$56M 25.0182692968688% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $44.4M $55.5M ▲ +25.0%
Year Plans Participants Total Assets
2022 1 432 $44M
2023 1 295 $52M
2024 1 296 $56M

Nearby 401(k) Plans in Virginia

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

Old Point Financial Corporation 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 ($B) Participants Old Point Financial Corporation 401(k) Profit Sharing Plan, Total assets ($B): 0.055504226 · Participants: 296Old Point Financial Corporation 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
Old Point Financial Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Old Point Financial Corporation 401(k) Profit Sharing Plan side-by-side with 3 peers →

Old Point Financial Corporation 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 Birla Carbon USA Employees Savings Plan in GA ($56M); by covered participants it is Bonhams & Butterfields 401(k) Plan in NY (296 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($56M here).

Similar participant headcount

Nearest other-state filings by covered participants (296 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 Old Point Financial Corporation 401(k) Profit Sharing Plan assets move in 2024? ▼
Old Point Financial Corporation 401(k) Profit Sharing Plan grew at a solid clip - up 7.5% during 2024, from $52M to $56M. Reported net income was $4M.
How have Old Point Financial Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Old Point Financial Corporation's sponsor-wide assets grew 25.0%, from $44M to $56M.
Where does Old Point Financial Corporation 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Old Point Financial Corporation 401(k) Profit Sharing Plan ranks in the 85th 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 Old Point Financial Corporation 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Birla Carbon USA Employees Savings Plan in GA ($56M, 362 participants).
Which 401(k) plans cover a similar participant headcount to Old Point Financial Corporation 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bonhams & Butterfields 401(k) Plan in NY (296 participants, $35M 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 541265373.

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.