401(k) · DOL Form 5500 · 2024

Bank of the James Financial Group, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
159
Participants Small participant base
67th
Percentile by assets National rank
$105,558
Avg per participant Below avg balance/head
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Official DOL plan name: Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust · Sponsored by Bank of the James Financial Group, Inc. · Virginia · Finance & Insurance

$17M in assets, 159 participants

Bank of the James Financial Group, Inc.'s Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust reported $17M in total assets and 159 participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.

  • #4,377 in Finance & Insurance (8,549 peers)

Coverage in Virginia

Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust covers 159 participants in Virginia, about 20% of the average Virginia filer (state average ~782 per filing). Assets: $17M.

#4,377
in Finance & Insurance (8,549 peers)
+17.6%
assets growth YoY

Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust's outsized position by total assets

Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$16,783,732 Top 33% higher than 67% 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 the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust 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 the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (159 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $14M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust reported participants fell from 165 in the plan year 2023 filing to 159 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 200500300 · Bank of the James Financial Group, Inc. PY 2024 · 401(k)

Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust · $17M · 159 · 67th

  • PHOTO $17M
  • IND 159
  • EOY 67th
  • 5500 401(k)
  • ASSETS near Commercial Bag Company, Inc. 401(k) Profit Sharing Plan
  • PCT ind #4377

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 →

Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Runza National, Inc. 401(k) Profit Sharing PlanRunza National, Inc. 401(k) …$17MBank of the James Financial Group, Inc 401(k) Profit Sharing Plan and TrustBank of the James Financial …$17MCommercial Bag Company, Inc. 401(k) Profit Sharing PlanCommercial Bag Company, Inc.…$17MMarsh Puerto Rico, Inc. Salary Savings PlanMarsh Puerto Rico, Inc. Sala…$17MPlumb House, Inc. 401(k) Retirement PlanPlumb House, Inc. 401(k) Ret…$17M
End-of-year total assets ($M) among Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$17M
Net Income$3M
Employer EIN200500300
Plan Effective Date2000-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bank of the James Financial Group, Inc.)

Sponsor-wide plan assets over time

All Bank of the James Financial Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 42.52858960766222% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.8M $16.8M ▲ +42.4%
Year Plans Participants Total Assets
2022 1 161 $12M
2023 1 165 $14M
2024 1 159 $17M

Nearby 401(k) Plans in Virginia

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

Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.016783732 · Participants: 159Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and TrustNorthrop 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
Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Commercial Bag Company, Inc. 401(k) Profit Sharing Plan in IL ($17M); by covered participants it is Innovative Control Systems, Inc. 401(k) Plan in PA (159 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (159 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 the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust assets move in 2024? ▼
Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust grew sharply - up 17.6% during 2024, from $14M to $17M. Reported net income was $3M.
How have Bank of the James Financial Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bank of the James Financial Group, Inc.'s sponsor-wide assets grew 42.5%, from $12M to $17M.
Which 401(k) plans are similar in size to Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Commercial Bag Company, Inc. 401(k) Profit Sharing Plan in IL ($17M, 56 participants).
Which 401(k) plans cover a similar participant headcount to Bank of the James Financial Group, Inc 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Innovative Control Systems, Inc. 401(k) Plan in PA (159 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 200500300.

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.