401(k) · DOL Form 5500 · 2024
TOWNEBANK 401(k) Plan
Data updated 2026-08-25
- $320M
- Total assets Above avg plan size
- 2,701
- Participants Above avg headcount
- 96th
- Percentile by assets National rank
- $118,558
- Avg per participant Near avg balance/head
Official DOL plan name: Townebank Stock and Savings Plan · Sponsored by TOWNEBANK · Virginia · Finance & Insurance
$320M in assets, 2,701 participants
TOWNEBANK's Townebank Stock and Savings Plan reported $320M in total assets and 2,701 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- #7,973 in Finance & Insurance (8,549 peers)
Coverage in Virginia
Townebank Stock and Savings Plan covers 2,701 participants in Virginia, 3.5x the typical Virginia plan (state average ~782 per filing). Assets: $320M.
- #7,973
- in Finance & Insurance (8,549 peers)
- +13.1%
- assets growth YoY
- 3.2×
- vs typical plan assets (national mean)
Townebank Stock and Savings Plan's outsized position by total assets
Townebank Stock and Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$320,225,325 Top 4% higher than 96% 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
Townebank Stock and Savings Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Townebank Stock and Savings Plan lands in the large band (2,701 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Townebank Stock and Savings Plan end-of-year assets rose from $283M in the plan year 2023 filing to $320M in the plan year 2024 filing.
- Townebank Stock and Savings Plan reported net income fell from $41M in the plan year 2023 filing to $37M in the plan year 2024 filing.
- Townebank Stock and Savings Plan reported participants fell from 2,796 in the plan year 2023 filing to 2,701 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 541910608 · TOWNEBANK PY 2024 · 401(k)
Townebank Stock and Savings Plan · $320M · 2,701 · 96th
- IND $320M
- IND 2,701
- IND 96th
- IND 401(k)
- IND near Renasant Bank 401(k) Plan
- IND ind #7973
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 →
Townebank Stock and Savings Plan in the asset neighbourhood
Virginia filing particulars
| Total Assets (Beginning of Year) | $283M |
|---|---|
| Net Assets (End of Year) | $320M |
| Net Income | $37M |
| Employer EIN | 541910608 |
| Plan Effective Date | 1999-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (TOWNEBANK)
Sponsor-wide plan assets over time
All TOWNEBANK plans reported in each filing year
- Latest sponsor-wide plan assets
- $320M 30.887026064833695% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,678 | $245M |
| 2023 | 1 | 2,796 | $283M |
| 2024 | 1 | 2,701 | $320M |
Nearby 401(k) Plans in Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- 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
Townebank Stock and Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Virginia, the nearest 401(k) by assets is Renasant Bank 401(k) Plan in MS ($320M); by covered participants it is Helix Traffic Solutions 401(k) Plan in TN (2,701 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($320M here).
- Renasant Bank 401(k) Plan (MS) $320M · 2,423
- Medical Clinic of Sacramento, Inc. 401(k) Plan (CA) $320M · 521
- Pjtc Holdings, Inc. 401(k) Savings and Profit Sharing Plan (PA) $320M · 676
- The Options Clearing Corporation Retirement Savings Plan (IL) $320M · 1,067
Similar participant headcount
Nearest other-state filings by covered participants (2,701 participants); asset peers above are excluded.
- Helix Traffic Solutions 401(k) Plan (TN) 2,701 · 0 off
- El Pollo Loco, Inc. 401(k) Plan (CA) 2,701 · 0 off
- Vinci Construction USA 401(k) and Profit Sharing Plan (FL) 2,701 · 0 off
- National Gypsum 401(k) and Retirement Savings Plan (NC) 2,700 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.