401(k) · DOL Form 5500 · 2024

Benchmark Community Bank 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
222
Participants Below avg headcount
75th
Percentile by assets National rank
$120,706
Avg per participant Near avg balance/head
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Official DOL plan name: Benchmark Community Bank 401(k) Employee Stock Ownership Plan · Sponsored by Benchmark Community Bank · Virginia · Finance & Insurance

$27M in assets, 222 participants

Benchmark Community Bank's Benchmark Community Bank 401(k) Employee Stock Ownership Plan reported $27M in total assets and 222 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #5,323 in Finance & Insurance (8,549 peers)

Coverage in Virginia

Benchmark Community Bank 401(k) Employee Stock Ownership Plan covers 222 participants in Virginia, about 28% of the average Virginia filer (state average ~782 per filing). Assets: $27M.

#5,323
in Finance & Insurance (8,549 peers)
+14.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Benchmark Community Bank 401(k) Employee Stock Ownership Plan's outsized position by total assets

Benchmark Community Bank 401(k) Employee Stock Ownership Plan vs every filed plan by assets

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

$26,796,712 Top 25% higher than 75% 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

Benchmark Community Bank 401(k) Employee Stock Ownership 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. Benchmark Community Bank 401(k) Employee Stock Ownership Plan sits mid-pack in the medium band (222 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Benchmark Community Bank 401(k) Employee Stock Ownership Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Benchmark Community Bank 401(k) Employee Stock Ownership Plan end-of-year assets rose from $23M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Benchmark Community Bank 401(k) Employee Stock Ownership Plan reported participants rose from 201 in the plan year 2023 filing to 222 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 541393963 · Benchmark Community Bank PY 2024 · 401(k)

Benchmark Community Bank 401(k) Employee Stock Ownership Plan · $27M · 222 · 75th

  • TYPE $27M
  • TYPE 222
  • TYPE 75th
  • TYPE 401(k)
  • TYPE near Simco Profit Sharing 401(k) Plan
  • TYPE ind #5323

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 →

Benchmark Community Bank 401(k) Employee Stock Ownership Plan in the asset neighbourhood

Benchmark Community Bank 401(k) Employee Stock Ownership PlanBenchmark Community Bank 401…$27MSimco Profit Sharing 401(k) PlanSimco Profit Sharing 401(k) …$27MQ-Mation/Strongarm 401(k) Retirement PlanQ-Mation/Strongarm 401(k) Re…$27MG.R. Robert Construction Co., Inc. 401(k) PlanG.R. Robert Construction Co.…$27MDan's Excavating, Inc. 401(k) PlanDan's Excavating, Inc. 401(k…$27M
End-of-year total assets ($M) among Benchmark Community Bank 401(k) Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$27M
Net Income$3M
Employer EIN541393963
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Benchmark Community Bank)

Sponsor-wide plan assets over time

All Benchmark Community Bank plans reported in each filing year

Latest sponsor-wide plan assets
$27M 40.90947931818157% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19M $26.8M ▲ +40.9%
Year Plans Participants Total Assets
2022 1 195 $19M
2023 1 201 $23M
2024 1 222 $27M

Nearby 401(k) Plans in Virginia

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

Benchmark Community Bank 401(k) Employee Stock Ownership Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Benchmark Community Bank 401(k) Employee Stock Ownership Plan, Total assets ($B): 0.026796712 · Participants: 222Benchmark Community Bank 401(k) Employee Stock Ownership 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
Benchmark Community Bank 401(k) Employee Stock Ownership Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Benchmark Community Bank 401(k) Employee Stock Ownership Plan side-by-side with 3 peers →

Benchmark Community Bank 401(k) Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Simco Profit Sharing 401(k) Plan in CA ($27M); by covered participants it is Brown & Crouppen, P. C. 401(k) Retirement Plan in MO (222 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($27M here).

Similar participant headcount

Nearest other-state filings by covered participants (222 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 Benchmark Community Bank 401(k) Employee Stock Ownership Plan assets move in 2024? ▼
Benchmark Community Bank 401(k) Employee Stock Ownership Plan grew at a solid clip - up 14.2% during 2024, from $23M to $27M. Reported net income was $3M.
How have Benchmark Community Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Benchmark Community Bank's sponsor-wide assets grew 40.9%, from $19M to $27M.
Where does Benchmark Community Bank 401(k) Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Benchmark Community Bank 401(k) Employee Stock Ownership Plan ranks in the 75th 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 Benchmark Community Bank 401(k) Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is Simco Profit Sharing 401(k) Plan in CA ($27M, 345 participants).
Which 401(k) plans cover a similar participant headcount to Benchmark Community Bank 401(k) Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Brown & Crouppen, P. C. 401(k) Retirement Plan in MO (222 participants, $17M 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 541393963.

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.