401(k) · DOL Form 5500 · 2024

First Community Bankshares, Inc. 401(k) Plan

Data updated 2026-08-25

$81M
Total assets Below avg plan size
580
Participants Below avg headcount
89th
Percentile by assets National rank
$139,132
Avg per participant Near avg balance/head
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Official DOL plan name: First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan · Sponsored by First Community Bankshares, Inc. · Virginia · Finance & Insurance

$81M in assets, 580 participants

First Community Bankshares, Inc.'s First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan reported $81M in total assets and 580 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,064 in Finance & Insurance (8,549 peers)

Where First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan sits by assets

First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan sits in the top quartile of all filed plans by assets, $81M for 580 participants (~$139,132/participant), up 8.4% in 2024.

#7,064
in Finance & Insurance (8,549 peers)
+8.4%
assets growth YoY
0.8×
vs typical plan assets (national mean)

First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan's outsized position by total assets

First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan vs every filed plan by assets

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

$80,696,753 Top 11% higher than 89% 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

First Community Bankshares, Inc. Employee Stock Ownership and 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. First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan sits mid-pack in the medium band (580 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan reported participants fell from 700 in the plan year 2023 filing to 580 in the plan year 2024 filing.
  • First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan end-of-year assets rose from $74M in the plan year 2023 filing to $81M in the plan year 2024 filing.
  • First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan reported net income fell from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 550694814 · First Community Bankshares, Inc. PY 2024 · 401(k)

First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan · $81M · 580 · 89th

  • IND $81M
  • EOY 580
  • 5500 89th
  • ASSETS 401(k)
  • PCT near ERISA Partners, Inc. Pooled Employer Plan
  • EIN ind #7064

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 →

First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan in the asset neighbourhood

First Community Bankshares, Inc. Employee Stock Ownership and Savings PlanFirst Community Bankshares, …$81MERISA Partners, Inc. Pooled Employer PlanERISA Partners, Inc. Pooled …$81MAmpc LLC 401(k) Retirement PlanAmpc LLC 401(k) Retirement P…$81MBuild Retirement Plan$81MNeighborhealth 401(k) Plan$81M
End-of-year total assets ($M) among First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)$81M
Net Income$6M
Employer EIN550694814
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Community Bankshares, Inc.)

Sponsor-wide plan assets over time

All First Community Bankshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$81M 18.484761483074262% vs 2022
2024 filing year
$65M$70M$75M$80M$85M 202220232024 $68.1M $80.7M ▲ +18.5%
Year Plans Participants Total Assets
2022 1 607 $68M
2023 1 700 $74M
2024 1 580 $81M

Nearby 401(k) Plans in Virginia

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

First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan, Total assets ($B): 0.080696753 · Participants: 580First Community Bankshares, Inc. Employee Stock Ownership and Savings PlanNorthrop 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
First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan side-by-side with 3 peers →

First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is ERISA Partners, Inc. Pooled Employer Plan in TN ($81M); by covered participants it is Enviri Corporation Savings Plan in PA (580 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($81M here).

Similar participant headcount

Nearest other-state filings by covered participants (580 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 First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan assets move in 2024? ▼
First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan grew at a solid clip - up 8.4% during 2024, from $74M to $81M. Reported net income was $6M.
How have First Community Bankshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Community Bankshares, Inc.'s sponsor-wide assets grew 18.5%, from $68M to $81M.
Where does First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan rank by assets among Form 5500 filers? ▼
First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan ranks in the 89th 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 401(k) plans are similar in size to First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is ERISA Partners, Inc. Pooled Employer Plan in TN ($81M, 7,404 participants).
Which 401(k) plans cover a similar participant headcount to First Community Bankshares, Inc. Employee Stock Ownership and Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Enviri Corporation Savings Plan in PA (580 participants, $82M 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 550694814.

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.