Defined Benefit (Pension) · DOL Form 5500 · 2024
Burke & Herbert Bank & Trust Company Pension Plan
Data updated 2026-08-25
- $31M
- Total assets Below avg plan size
- 60
- Participants Small participant base
- 78th
- Percentile by assets National rank
- $510,229
- Avg per participant High balance/head
Official DOL plan name: Burke & Herbert Bank & Trust Company Retirement Plan · Sponsored by Burke & Herbert Bank & Trust Company · Virginia · Finance & Insurance
$31M in assets, 60 participants
Burke & Herbert Bank & Trust Company's Burke & Herbert Bank & Trust Company Retirement Plan reported $31M in total assets and 60 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.
- #5,574 in Finance & Insurance (8,549 peers)
Where Burke & Herbert Bank & Trust Company Retirement Plan sits by assets
Burke & Herbert Bank & Trust Company Retirement Plan sits in the top quartile of all filed plans by assets, $31M for 60 participants (~$510,229/participant), down 7.8% in 2024.
- #5,574
- in Finance & Insurance (8,549 peers)
- -7.8%
- assets change YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Burke & Herbert Bank & Trust Company Retirement Plan's outsized position by total assets
Burke & Herbert Bank & Trust Company Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$30,613,732 Top 22% higher than 78% 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
Burke & Herbert Bank & Trust Company Retirement Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Burke & Herbert Bank & Trust Company Retirement Plan is a small filing (60 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Burke & Herbert Bank & Trust Company Retirement Plan reported net income fell from $1M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
- Burke & Herbert Bank & Trust Company Retirement Plan reported participants fell from 70 in the plan year 2023 filing to 60 in the plan year 2024 filing.
- Burke & Herbert Bank & Trust Company Retirement Plan end-of-year assets fell from $33M in the plan year 2023 filing to $31M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 540155785 · Burke & Herbert Bank & Trust Company PY 2024 · Defined Benefit (Pension)
Burke & Herbert Bank & Trust Company Retirement Plan · $31M · 60 · 78th
- PHOTO $31M
- PHOTO 60
- PHOTO 78th
- PHOTO Defined Benefit (Pension)
- PHOTO near The Tobacco Industry Testing Laboratory Employees' Pension Plan
- PHOTO ind #5574
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 →
Burke & Herbert Bank & Trust Company Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $33M |
|---|---|
| Net Assets (End of Year) | $31M |
| Net Income | -$3M |
| Employer EIN | 540155785 |
| Plan Effective Date | 1958-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Burke & Herbert Bank & Trust Company)
Sponsor-wide plan assets over time
All Burke & Herbert Bank & Trust Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $98M 17.268739997125696% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 466 | $84M |
| 2023 | 2 | 483 | $94M |
| 2024 | 2 | 463 | $98M |
Nearby Defined Benefit (Pension) Plans in Virginia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Northrop Grumman Pension Plan $18.8B · 12,678
- Retirement Security Plan $11.5B · 56,633
- Sheet Metal Workers' National Pension Fund $8.9B · 63,530
- Ng Space&mission Systems Corp Salaried Pension Pla $8.4B · 6,737
- Dominion Energy Pension Plan $8.3B · 11,758
Burke & Herbert Bank & Trust Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Virginia, the nearest Defined Benefit (Pension) by assets is The Tobacco Industry Testing Laboratory Employees' Pension Plan in DC ($31M); by covered participants it is Parkwood LLC Pension Plan in OH (60 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($31M here).
Similar participant headcount
Nearest other-state filings by covered participants (60 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.