401(k) · DOL Form 5500 · 2024
Armed Forces Benefit Association 401(k) Plan
Data updated 2026-08-25
- $49M
- Total assets Below avg plan size
- 189
- Participants Below avg headcount
- 84th
- Percentile by assets National rank
- $259,595
- Avg per participant Above avg balance/head
Official DOL plan name: Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan · Sponsored by Armed Forces Benefit Association · Virginia · Other Services
$49M in assets, 189 participants
Armed Forces Benefit Association's Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan reported $49M in total assets and 189 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.
- #7,158 in Other Services (7,719 peers)
Coverage in Virginia
Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan covers 189 participants in Virginia, about 24% of the average Virginia filer (state average ~782 per filing). Assets: $49M.
- #7,158
- in Other Services (7,719 peers)
- +9.8%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan's outsized position by total assets
Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$49,063,548 Top 16% higher than 84% of 123,620 filed plans
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 (Afba) 401(k) Incentive 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. Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan sits mid-pack in the medium band (189 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan reported net income fell from $7M in the plan year 2023 filing to $4M in the plan year 2024 filing.
- Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan end-of-year assets rose from $45M in the plan year 2023 filing to $49M in the plan year 2024 filing.
- Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan reported participants rose from 179 in the plan year 2023 filing to 189 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 530209087 · Armed Forces Benefit Association PY 2024 · 401(k)
Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan · $49M · 189 · 84th
- NET $49M
- BOOK 189
- VS-ST 84th
- BOY 401(k)
- SCH near Meduit, LLC 401(k) Retirement Plan
- EBSA ind #7158
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 (Afba) 401(k) Incentive Savings Plan in the asset neighbourhood
Virginia filing particulars
| Total Assets (Beginning of Year) | $45M |
|---|---|
| Net Assets (End of Year) | $49M |
| Net Income | $4M |
| Employer EIN | 530209087 |
| Plan Effective Date | 1985-11-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 332 | $104M |
| 2023 | 2 | 345 | $112M |
| 2024 | 2 | 383 | $117M |
Nearby 401(k) Plans in Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Northrop Grumman Savings Plan $39.5B · 104,719
- 401(k) Pension Plan $16.8B · 62,869
- General Dynamics Corporation 401(k) Plan 6.0 $12.4B · 49,414
- Capital One Financial Corporation Associate Savings Plan $12.0B · 44,933
- Leidos, Inc. Retirement Plan $11.8B · 29,734
Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Virginia, the nearest 401(k) by assets is Meduit, LLC 401(k) Retirement Plan in NC ($49M); by covered participants it is Prevailing Multiple Employer Plan in MD (189 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($49M here).
- Meduit, LLC 401(k) Retirement Plan (NC) $49M · 1,439
- California Masonic Retirement Plan II (CA) $49M · 611
- Park Lawn 401(k) Plan (TX) $49M · 1,652
- Sigmatech, Inc. 401(k) Profit Sharing Plan (AL) $49M · 428
Similar participant headcount
Nearest other-state filings by covered participants (189 participants); asset peers above are excluded.
- Prevailing Multiple Employer Plan (MD) 189 · 0 off
- Grapetree 401(k) Retirement Savings Plan (IA) 189 · 0 off
- Sherrill, Inc. 401(k) Profit Sharing Plan & Trust (NC) 189 · 0 off
- Alimed 401(k) Plan (MA) 189 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.