401(k) · DOL Form 5500 · 2024

First National Bank 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
176
Participants Small participant base
60th
Percentile by assets National rank
$70,781
Avg per participant Below avg balance/head
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Official DOL plan name: Sba Defined Contribution Plan for First National Bank · Sponsored by First National Bank · Virginia · Finance & Insurance

$12M in assets, 176 participants

First National Bank's Sba Defined Contribution Plan for First National Bank reported $12M in total assets and 176 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #3,799 in Finance & Insurance (8,549 peers)

Coverage in Virginia

Sba Defined Contribution Plan for First National Bank covers 176 participants in Virginia, about 23% of the average Virginia filer (state average ~782 per filing). Assets: $12M.

#3,799
in Finance & Insurance (8,549 peers)
+31.1%
assets growth YoY

Sba Defined Contribution Plan for First National Bank's mid-pack asset rank among Finance & Insurance and all filers

Sba Defined Contribution Plan for First National Bank vs every filed plan by assets

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

$12,457,434 Top 40% higher than 60% 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

Sba Defined Contribution Plan for First National Bank 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. Sba Defined Contribution Plan for First National Bank sits mid-pack in the medium band (176 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sba Defined Contribution Plan for First National Bank reported net income rose from $1M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Sba Defined Contribution Plan for First National Bank end-of-year assets rose from $10M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Sba Defined Contribution Plan for First National Bank reported participants fell from 179 in the plan year 2023 filing to 176 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 540211100 · First National Bank PY 2024 · 401(k)

Sba Defined Contribution Plan for First National Bank · $12M · 176 · 60th

  • IND $12M
  • IND 176
  • IND 60th
  • IND 401(k)
  • IND near United Alloy, Inc. 401(k) Employee Savings Plan
  • IND ind #3799

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 →

Sba Defined Contribution Plan for First National Bank in the asset neighbourhood

Sba Defined Contribution Plan for First National BankSba Defined Contribution Pla…$12MUnited Alloy, Inc. 401(k) Employee Savings PlanUnited Alloy, Inc. 401(k) Em…$12MOwen Steel Company Inc. 401(k) Savings PlanOwen Steel Company Inc. 401(…$12MPueblo of Laguna Commercial Enterprises 401(k) Profit Sharing Plan and TrustPueblo of Laguna Commercial …$12MFirst Montgomery Payroll Inc 401(k) PlanFirst Montgomery Payroll Inc…$12M
End-of-year total assets ($M) among Sba Defined Contribution Plan for First National Bank and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$3M
Employer EIN540211100
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First National Bank)

Sponsor-wide plan assets over time

All First National Bank plans reported in each filing year

Latest sponsor-wide plan assets
$29M 47.51326884437591% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $20M $29.4M ▲ +47.5%
Year Plans Participants Total Assets
2022 2 321 $20M
2023 2 327 $25M
2024 2 334 $29M

Nearby 401(k) Plans in Virginia

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

Sba Defined Contribution Plan for First National Bank vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Sba Defined Contribution Plan for First National Bank, Total assets ($B): 0.012457434 · Participants: 176Sba Defined Contribution Plan for First National BankNorthrop 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
Sba Defined Contribution Plan for First National Bank vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Sba Defined Contribution Plan for First National Bank side-by-side with 3 peers →

Sba Defined Contribution Plan for First National Bank's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is United Alloy, Inc. 401(k) Employee Savings Plan in WI ($12M); by covered participants it is Central Texas Refuse 401(k) Plan in TX (176 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (176 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 Sba Defined Contribution Plan for First National Bank assets move in 2024? ▼
Sba Defined Contribution Plan for First National Bank surged - up 31.1% during 2024, from $10M to $12M. Reported net income was $3M.
How have First National Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First National Bank's sponsor-wide assets grew 47.5%, from $20M to $29M.
Which 401(k) plans are similar in size to Sba Defined Contribution Plan for First National Bank? ▼
Among 401(k) plans in other states, the closest by assets is United Alloy, Inc. 401(k) Employee Savings Plan in WI ($12M, 465 participants).
Which 401(k) plans cover a similar participant headcount to Sba Defined Contribution Plan for First National Bank? ▼
Among 401(k) plans in other states, the closest by covered participants is Central Texas Refuse 401(k) Plan in TX (176 participants, N/A 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 540211100.

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.