Defined Benefit (Pension) · DOL Form 5500 · 2024

Armed Forces Benefit Association Pension Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
194
Participants Below avg headcount
87th
Percentile by assets National rank
$352,377
Avg per participant High balance/head
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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.

  • #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.

#7,319
in Other Services (7,719 peers)
+1.2%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Armed Forces Benefit Association Employee Pension Plan's outsized position 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 $2,050,000,000 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

Armed Forces Benefit Association Employee Pension 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. Armed Forces Benefit Association Employee Pension Plan sits mid-pack in the medium band (194 participants).

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 →

EBSA filing schedule strip

Filing strip 530209087 · Armed Forces Benefit Association PY 2024 · Defined Benefit (Pension)

Armed Forces Benefit Association Employee Pension Plan · $68M · 194 · 87th

  • IND $68M
  • IND 194
  • IND 87th
  • IND Defined Benefit (Pension)
  • IND near Motorists Mutual Retirement Plan
  • IND ind #7319

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 Other Services retirement plans → · Plans in Virginia →

Armed Forces Benefit Association Employee Pension Plan in the asset neighbourhood

Dykema Gossett PLLC Retirement PlanDykema Gossett PLLC Retireme…$68MMotorists Mutual Retirement PlanMotorists Mutual Retirement …$68MArmed Forces Benefit Association Employee Pension PlanArmed Forces Benefit Associa…$68MThe Retirement Plan of Kennebunk Savings BankThe Retirement Plan of Kenne…$68MLennox International Inc. 2008 Consolidated Pension PlanLennox International Inc. 20…$68M
End-of-year total assets ($M) among Armed Forces Benefit Association Employee Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

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)

Sponsor-wide plan assets over time

All Armed Forces Benefit Association plans reported in each filing year

Latest sponsor-wide plan assets
$117M 12.499272477471376% vs 2022
2024 filing year
$100M$105M$110M$115M$120M 202220232024 $104M $117M ▲ +12.5%
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 ($B) Participants Armed Forces Benefit Association Employee Pension Plan, Total assets ($B): 0.06836118 · Participants: 194Armed Forces Benefit Association Employee Pension PlanNorthrop Grumman Pension Plan, Total assets ($B): 18.781759216 · Participants: 12678Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 11.481735153 · Participants: 56633Retirement Security PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 8.902237059 · Participants: 63530Sheet Metal Workers' National Pension FundNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.398702873 · Participants: 6737Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 8.332769083 · Participants: 11758Dominion Energy Pension Plan
Armed Forces Benefit Association Employee Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Armed Forces Benefit Association Employee Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Motorists Mutual Retirement Plan in OH ($68M); by covered participants it is Frost Brown Todd LLP Cash Balance Pension Plan in KY (194 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (194 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Armed Forces Benefit Association Employee Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Frost Brown Todd LLP Cash Balance Pension Plan in KY (194 participants, $33M in assets).