401(k) · DOL Form 5500 · 2024

Cherry Bekaert Advisory LLC 401(k) Plan

Data updated 2026-08-11

$263M
Total assets
2,470
Participants
95th
Percentile by assets
$106,459
Avg per participant
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Official DOL plan name: Cherry Bekaert Advisory LLC 401(k) Plan · Sponsored by Cherry Bekaert Advisory LLC · Virginia · Professional & Technical Services

$263M in assets, 2,470 participants

Cherry Bekaert Advisory LLC's Cherry Bekaert Advisory LLC 401(k) Plan reported $263M in total assets and 2,470 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 123,622 plans)
  • #19,450 in Professional & Technical Services (20,173 peers)

Coverage in Virginia

Cherry Bekaert Advisory LLC 401(k) Plan covers 2,470 participants in Virginia, 3.2x the typical Virginia plan (state average ~782 per filing). Assets: $263M.

$263M
total plan assets (2024 EOY)
2,470
covered participants
95th
percentile by assets (of 123,622 plans)
$106,459
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cherry Bekaert Advisory LLC 401(k) Plan reported participants rose from 1,481 in the plan year 2023 filing to 2,470 in the plan year 2024 filing.
  • Cherry Bekaert Advisory LLC 401(k) Plan end-of-year assets rose from $213M in the plan year 2023 filing to $263M in the plan year 2024 filing.
  • Cherry Bekaert Advisory LLC 401(k) Plan reported net income fell from $61M in the plan year 2023 filing to $50M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Cherry Bekaert Advisory LLC 401(k) Plan reports 2,470 participants - 3.2x that state average ($263M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$213M
Net Assets (End of Year)$263M
Net Income$50M
Employer EIN560574444
Plan Effective Date1988-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cherry Bekaert Advisory LLC)

$100M$150M$200M$250M$300M 202220232024 $141M $263M ▲ +86.2%
Total plan assets by year, all Cherry Bekaert Advisory LLC plans on file
Year Plans Participants Total Assets
2022 2 1,529 $141M
2023 1 1,481 $213M
2024 1 2,470 $263M

Nearby 401(k) Plans in Virginia

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

Cherry Bekaert Advisory LLC 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Cherry Bekaert Advisory LLC 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Cherry Bekaert Advis…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Capital One Financia…Leidos, Inc. Retirem…
Cherry Bekaert Advisory LLC 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Cherry Bekaert Advisory LLC 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Cherry Bekaert Advisory LLC 401(k) Plan assets move in 2024?
Cherry Bekaert Advisory LLC 401(k) Plan grew sharply - up 23.6% during 2024, from $213M to $263M. Reported net income was $50M.
How have Cherry Bekaert Advisory LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Cherry Bekaert Advisory LLC's sponsor-wide assets grew 86.2%, from $141M to $263M.
Where does Cherry Bekaert Advisory LLC 401(k) Plan rank by assets among Form 5500 filers?
Cherry Bekaert Advisory LLC 401(k) Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Cherry Bekaert Advisory LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Balyasny Asset Management 401(k) Plan in IL ($263M, 1,341 participants).

Filing takeaways

Ways to act on Cherry Bekaert Advisory LLC 401(k) Plan's numbers.