401(k) · DOL Form 5500 · 2024

Blue Ridge Bankshares, Inc. 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
536
Participants Below avg headcount
76th
Percentile by assets National rank
$51,076
Avg per participant Low balance/head
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Official DOL plan name: Blue Ridge Bankshares, Inc. 401(k) Plan · Sponsored by Blue Ridge Bankshares, Inc. · Virginia · Management of Enterprises

$27M in assets, 536 participants

Blue Ridge Bankshares, Inc.'s Blue Ridge Bankshares, Inc. 401(k) Plan reported $27M in total assets and 536 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #650 in Management of Enterprises (1,133 peers)

Where Blue Ridge Bankshares, Inc. 401(k) Plan sits by assets

Blue Ridge Bankshares, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $27M for 536 participants (~$51,076/participant), up 15.3% in 2024.

#650
in Management of Enterprises (1,133 peers)
+15.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Blue Ridge Bankshares, Inc. 401(k) Plan's outsized position by total assets

Blue Ridge Bankshares, Inc. 401(k) Plan vs every filed plan by assets

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

$27,376,893 Top 24% higher than 76% 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

Blue Ridge Bankshares, Inc. 401(k) 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. Blue Ridge Bankshares, Inc. 401(k) Plan sits mid-pack in the medium band (536 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Blue Ridge Bankshares, Inc. 401(k) Plan end-of-year assets rose from $24M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Blue Ridge Bankshares, Inc. 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Blue Ridge Bankshares, Inc. 401(k) Plan reported participants rose from 530 in the plan year 2023 filing to 536 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 541838100 · Blue Ridge Bankshares, Inc. PY 2024 · 401(k)

Blue Ridge Bankshares, Inc. 401(k) Plan · $27M · 536 · 76th

  • EOY $27M
  • EOY 536
  • EOY 76th
  • EOY 401(k)
  • EOY near Hit, Inc. Safe Harbor 401(k) Profit-Sharing Plan
  • EOY ind #650

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 Management of Enterprises retirement plans → · Plans in Virginia →

Blue Ridge Bankshares, Inc. 401(k) Plan in the asset neighbourhood

Blue Ridge Bankshares, Inc. 401(k) PlanBlue Ridge Bankshares, Inc. …$27MHit, Inc. Safe Harbor 401(k) Profit-Sharing PlanHit, Inc. Safe Harbor 401(k)…$27MAllhealth Network Employees Retirement PlanAllhealth Network Employees …$27MHpi 401(k) Plan$27MFxcollaborative Architects LLP Profit Sharing and Incentive Savings PlanFxcollaborative Architects L…$27M
End-of-year total assets ($M) among Blue Ridge Bankshares, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$27M
Net Income$3M
Employer EIN541838100
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Ridge Bankshares, Inc.)

Sponsor-wide plan assets over time

All Blue Ridge Bankshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 9.955311591263838% vs 2022
2024 filing year
$24M$26M$28M$30M 202220232024 $25.9M $28.4M ▲ +10.0%
Year Plans Participants Total Assets
2022 3 1,343 $26M
2023 3 1,142 $25M
2024 2 1,065 $28M

Nearby 401(k) Plans in Virginia

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

Blue Ridge Bankshares, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Blue Ridge Bankshares, Inc. 401(k) Plan, Total assets ($B): 0.027376893 · Participants: 536Blue Ridge Bankshares, Inc. 401(k) 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
Blue Ridge Bankshares, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Blue Ridge Bankshares, Inc. 401(k) Plan side-by-side with 3 peers →

Blue Ridge Bankshares, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Hit, Inc. Safe Harbor 401(k) Profit-Sharing Plan in ND ($27M); by covered participants it is Nippon Dynawave Packaging Co. 401(k) Plan in WA (536 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (536 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 Blue Ridge Bankshares, Inc. 401(k) Plan assets move in 2024? ▼
Blue Ridge Bankshares, Inc. 401(k) Plan grew sharply - up 15.3% during 2024, from $24M to $27M. Reported net income was $3M.
How have Blue Ridge Bankshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Blue Ridge Bankshares, Inc.'s sponsor-wide assets grew 10.0%, from $26M to $28M.
Where does Blue Ridge Bankshares, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Blue Ridge Bankshares, Inc. 401(k) Plan ranks in the 76th 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 Blue Ridge Bankshares, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hit, Inc. Safe Harbor 401(k) Profit-Sharing Plan in ND ($27M, 544 participants).
Which 401(k) plans cover a similar participant headcount to Blue Ridge Bankshares, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nippon Dynawave Packaging Co. 401(k) Plan in WA (536 participants, $92M 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 541838100.

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.