401(k) · DOL Form 5500 · 2024

Bank of Charles Town 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
128
Participants Small participant base
58th
Percentile by assets National rank
$88,744
Avg per participant Below avg balance/head
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Official DOL plan name: Bank of Charles Town 401(k) Retirement Savings Plan · Sponsored by Bank of Charles Town · West Virginia · Finance & Insurance

$11M in assets, 128 participants

Bank of Charles Town's Bank of Charles Town 401(k) Retirement Savings Plan reported $11M in total assets and 128 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #3,623 in Finance & Insurance (8,549 peers)

Coverage in West Virginia

Bank of Charles Town 401(k) Retirement Savings Plan covers 128 participants in West Virginia, about 27% of the average West Virginia filer (state average ~467 per filing). Assets: $11M.

#3,623
in Finance & Insurance (8,549 peers)
+16.9%
assets growth YoY

Bank of Charles Town 401(k) Retirement Savings Plan's mid-pack asset rank among Finance & Insurance and all filers

Bank of Charles Town 401(k) Retirement Savings Plan vs every filed plan by assets

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

$11,359,171 Top 42% higher than 58% 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

Bank of Charles Town 401(k) Retirement Savings 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. Bank of Charles Town 401(k) Retirement Savings Plan sits mid-pack in the medium band (128 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bank of Charles Town 401(k) Retirement Savings Plan end-of-year assets rose from $10M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Bank of Charles Town 401(k) Retirement Savings Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Bank of Charles Town 401(k) Retirement Savings Plan reported participants rose from 122 in the plan year 2023 filing to 128 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 550118850 · Bank of Charles Town PY 2024 · 401(k)

Bank of Charles Town 401(k) Retirement Savings Plan · $11M · 128 · 58th

  • PART $11M
  • TYPE 128
  • NET 58th
  • BOOK 401(k)
  • VS-ST near Luminate, LLC 401(k) Plan
  • BOY ind #3623

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 West Virginia →

Bank of Charles Town 401(k) Retirement Savings Plan in the asset neighbourhood

Bank of Charles Town 401(k) Retirement Savings PlanBank of Charles Town 401(k) …$11MLuminate, LLC 401(k) Plan$11MFamily Farm & Home Retirement PlanFamily Farm & Home Retiremen…$11MAw Industries Profit Sharing and Savings PlanAw Industries Profit Sharing…$11MMontage Health 401(k) Plan$11M
End-of-year total assets ($M) among Bank of Charles Town 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

West Virginia filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN550118850
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bank of Charles Town)

Sponsor-wide plan assets over time

All Bank of Charles Town plans reported in each filing year

Latest sponsor-wide plan assets
$11M 32.37296531063375% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $16.8M $11.4M ▼ -32.4%
Year Plans Participants Total Assets
2022 2 145 $17M
2023 2 145 $20M
2024 1 128 $11M

Nearby 401(k) Plans in West Virginia

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

Bank of Charles Town 401(k) Retirement Savings Plan vs. nearby 401(k) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Bank of Charles Town 401(k) Retirement Savings Plan, Total assets ($B): 0.011359171 · Participants: 128Bank of Charles Town 401(k) Retirement Savings PlanOrrick, Herrington & Sutcliffe LLP Retirement Plan, Total assets ($B): 1.177090773 · Participants: 1845Orrick, Herrington & Sutcliffe LLP Retirement PlanVandalia Health System 401(k) Retirement Savings P, Total assets ($B): 0.852839622 · Participants: 0Vandalia Health System 401(k) Retirement Savings PAmerican Public Education Retirement Plan, Total assets ($B): 0.303164024 · Participants: 5717American Public Education Retirement PlanWest Virginia University Health System 401(k) Plan, Total assets ($B): 0.255427542 · Participants: 4549West Virginia University Health System 401(k) PlanUnited Bankshares, Inc. Savings and Stock Investment Plan, Total assets ($B): 0.2487143 · Participants: 2561United Bankshares, Inc. Savings and Stock Investment Plan
Bank of Charles Town 401(k) Retirement Savings Plan vs. nearby 401(k) plans in West Virginia, assets vs. participants
Compare Bank of Charles Town 401(k) Retirement Savings Plan side-by-side with 3 peers →

Bank of Charles Town 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside West Virginia, the nearest 401(k) by assets is Luminate, LLC 401(k) Plan in CO ($11M); by covered participants it is Kingland Systems, LLC 401(k) Plan in IA (128 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (128 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 Bank of Charles Town 401(k) Retirement Savings Plan assets move in 2024? ▼
Bank of Charles Town 401(k) Retirement Savings Plan grew sharply - up 16.9% during 2024, from $10M to $11M. Reported net income was $2M.
How have Bank of Charles Town plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bank of Charles Town's sponsor-wide assets declined 32.4%, from $17M to $11M.
Which 401(k) plans are similar in size to Bank of Charles Town 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Luminate, LLC 401(k) Plan in CO ($11M, 38 participants).
Which 401(k) plans cover a similar participant headcount to Bank of Charles Town 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kingland Systems, LLC 401(k) Plan in IA (128 participants, $18M 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 550118850.

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.