Defined Benefit (Pension) · DOL Form 5500 · 2024

Armed Forces Benefit Association Pension Plan

Data updated 2026-08-11

$68M
Total assets
194
Participants
87th
Percentile by assets
$352,377
Avg per participant
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Official DOL plan name: Armed Forces Benefit Association Employee Pension Plan · Sponsored by Armed Forces Benefit Association · Virginia · Other Services

$68M in assets, 194 participants

Armed Forces Benefit Association's Armed Forces Benefit Association Employee Pension Plan reported $68M in total assets and 194 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)
  • #7,319 in Other Services (7,719 peers)

Coverage in Virginia

Armed Forces Benefit Association Employee Pension Plan covers 194 participants in Virginia, about 25% of the average Virginia filer (state average ~782 per filing). Assets: $68M.

$68M
total plan assets (2024 EOY)
194
covered participants
87th
percentile by assets (of 123,622 plans)
$352,377
avg assets per participant

Where Armed Forces Benefit Association Employee Pension Plan sits by total assets

Armed Forces Benefit Association Employee Pension Plan vs every filed plan by assets

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

$68,361,180 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

  • Armed Forces Benefit Association Employee Pension Plan reported participants rose from 166 in the plan year 2023 filing to 194 in the plan year 2024 filing.
  • Armed Forces Benefit Association Employee Pension Plan end-of-year assets rose from $68M in the plan year 2023 filing to $68M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Armed Forces Benefit Association Employee Pension Plan reports 194 participants - about 25% of that state average ($68M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$68M
Net Income$796K
Employer EIN530209087
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Armed Forces Benefit Association)

$100M$105M$110M$115M$120M 202220232024 $104M $117M ▲ +12.5%
Total plan assets by year, all Armed Forces Benefit Association plans on file
Year Plans Participants Total Assets
2022 2 332 $104M
2023 2 345 $112M
2024 2 383 $117M

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Armed Forces Benefit Association Employee Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Armed Forces Benefit…, Total assets ($B): 0.06836118 · Participants: 194Armed Forces Benefit…Northrop Grumman Pen…, Total assets ($B): 18.781759216 · Participants: 12678Northrop Grumman Pen…Retirement Security …, Total assets ($B): 11.481735153 · Participants: 56633Retirement Security …Sheet Metal Workers'…, Total assets ($B): 8.902237059 · Participants: 63530Sheet Metal Workers'…Ng Space&mission Sys…, Total assets ($B): 8.398702873 · Participants: 6737Ng Space&mission Sys…Dominion Energy Pens…, Total assets ($B): 8.332769083 · Participants: 11758Dominion Energy Pens…
Armed Forces Benefit Association Employee Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Armed Forces Benefit Association Employee Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Armed Forces Benefit Association Employee Pension Plan assets move in 2024?
Armed Forces Benefit Association Employee Pension Plan edged up modestly - up 1.2% during 2024, from $68M to $68M. Reported net income was $796K.
How have Armed Forces Benefit Association plan assets changed over time?
Across 3 plan years on file (2022-2024), Armed Forces Benefit Association's sponsor-wide assets grew 12.5%, from $104M to $117M.
Where does Armed Forces Benefit Association Employee Pension Plan rank by assets among Form 5500 filers?
Armed Forces Benefit Association Employee Pension 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 Defined Benefit (Pension) plans are similar in size to Armed Forces Benefit Association Employee Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Motorists Mutual Retirement Plan in OH ($68M, 186 participants).

Next read for Armed Forces Benefit Association Employe…

Filing takeaways

Ways to act on Armed Forces Benefit Association Employee Pension Plan's numbers.

  • By total assets, Armed Forces Benefit Association Employee Pension Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Virginia. Compare plans
  • Armed Forces Benefit Association's sponsor-wide assets have grown 12.5% since 2022 across 3 plan years on file. More Other Services plans