401(k) · DOL Form 5500 · 2024

Burke & Herbert Bank 401(k) Plan

Data updated 2026-08-11

$68M
Total assets
403
Participants
87th
Percentile by assets
$167,614
Avg per participant
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Official DOL plan name: Burke & Herbert Bank & Trust Company Investment and Savings Plan · Sponsored by Burke & Herbert Bank · Virginia · Finance & Insurance

$68M in assets, 403 participants

Burke & Herbert Bank's Burke & Herbert Bank & Trust Company Investment and Savings Plan reported $68M in total assets and 403 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • 87th percentile by assets (of 123,622 plans)
  • #6,861 in Finance & Insurance (8,549 peers)

Where Burke & Herbert Bank & Trust Company Investment and Savings Plan sits by assets

Burke & Herbert Bank & Trust Company Investment and Savings Plan sits in the top quartile of all filed plans by assets, $68M for 403 participants (~$167,614/participant), up 11.3% in 2024.

$68M
total plan assets (2024 EOY)
403
covered participants
87th
percentile by assets (of 123,622 plans)
$167,614
avg assets per participant

Where Burke & Herbert Bank & Trust Company Investment and Savings Plan sits by total assets

Burke & Herbert Bank & Trust Company Investment and Savings Plan vs every filed plan by assets

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

$67,548,635 Top 13% higher than 87% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Burke & Herbert Bank & Trust Company Investment and Savings Plan reported net income fell from $9M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Burke & Herbert Bank & Trust Company Investment and Savings Plan end-of-year assets rose from $61M in the plan year 2023 filing to $68M in the plan year 2024 filing.
  • Burke & Herbert Bank & Trust Company Investment and Savings Plan reported participants fell from 413 in the plan year 2023 filing to 403 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Virginia
Industry
Finance & Insurance

Burke & Herbert Bank & Trust Company Investment and Savings Plan vs the 2024 asset distribution

By assets, Burke & Herbert Bank & Trust Company Investment and Savings Plan outranks 87% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$61M
Net Assets (End of Year)$68M
Net Income$7M
Employer EIN540155785
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Burke & Herbert Bank)

$80M$85M$90M$95M$100M 202220232024 $83.7M $98.2M ▲ +17.3%
Total plan assets by year, all Burke & Herbert Bank plans on file
Year Plans Participants Total Assets
2022 2 466 $84M
2023 2 483 $94M
2024 2 463 $98M

Nearby 401(k) Plans in Virginia

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

Burke & Herbert Bank & Trust Company Investment and Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Burke & Herbert Bank…, Total assets ($B): 0.067548635 · Participants: 403Burke & Herbert Bank…Northrop Grumman Sav…, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Sav…401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Cor…, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Cor…Capital One Financia…, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financia…Leidos, Inc. Retirem…, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirem…
Burke & Herbert Bank & Trust Company Investment and Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Burke & Herbert Bank & Trust Company Inv… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Burke & Herbert Bank & Trust Company Investment and Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Burke & Herbert Bank & Trust Company Investment and Savings Plan assets move in 2024? ▼
Burke & Herbert Bank & Trust Company Investment and Savings Plan grew at a solid clip - up 11.3% during 2024, from $61M to $68M. Reported net income was $7M.
How have Burke & Herbert Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Burke & Herbert Bank's sponsor-wide assets grew 17.3%, from $84M to $98M.
Where does Burke & Herbert Bank & Trust Company Investment and Savings Plan rank by assets among Form 5500 filers? ▼
Burke & Herbert Bank & Trust Company Investment and Savings Plan ranks in the 87th 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 Burke & Herbert Bank & Trust Company Investment and Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Jf Acquisition, LLC 401(k) Plan in NC ($68M, 1,288 participants).

Next read for Burke & Herbert Bank & Trust Company Inv…

Scale reading

Ways to act on Burke & Herbert Bank & Trust Company Investment and Savings Plan's numbers.

  • By total assets, Burke & Herbert Bank & Trust Company Investment and Savings Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
  • Burke & Herbert Bank's sponsor-wide assets have grown 17.3% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 540155785.

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.