Employer · plans filed under one EIN
Burke & Herbert Bank
Alexandria, VA · Finance and insurance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
2 retirement plans with 100 or more participants file Form 5500 under Burke & Herbert Bank's employer identification number (Alexandria, Virginia). Their latest filings total 709 participant records and $98.2M in net assets.
The largest is Burke & Herbert Bank & Trust Company Investment and Savings Plan, a 401(k) plan with 514 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $999K and participant contributions $3.0M in the latest plan years; benefits paid were $8.7M. Schedule C compensation reported to service provider organisations totalled $127K.
Combined net assets moved from $22.2M in 2009 to $98.2M in 2024 (up 342%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Burke & Herbert Bank & Trust Company Investment and Savings Plan | 401(k) plan | 2024 | 514 | $67.5M | $131,418 | $2,838 | $40K |
| Burke & Herbert Bank & Trust Company Retirement Plan | defined benefit pension plan | 2024 | 195 | $30.6M | $156,993 | — | $87K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 709 | $98.2M | $999K | $3.0M |
| 2023 | 2 | 756 | $93.8M | $1.1M | $3.1M |
| 2022 | 2 | 755 | $83.6M | $1.1M | $3.0M |
| 2021 | 2 | 735 | $107M | $1.0M | $2.8M |
| 2020 | 2 | 733 | $101M | $1.0M | $2.9M |
| 2019 | 2 | 764 | $87.1M | $1.1M | $2.9M |
| 2018 | 2 | 772 | $71.3M | $1.0M | $2.8M |
| 2017 | 2 | 791 | $76.5M | $7.9M | $2.5M |
| 2016 | 2 | 787 | $58.0M | $3.9M | $2.2M |
| 2015 | 2 | 828 | $51.2M | $3.8M | $2.0M |
| 2014 | 2 | 788 | $47.8M | $2.2M | $1.8M |
| 2013 | 2 | 757 | $42.9M | $2.2M | $1.6M |
| 2012 | 2 | 748 | $33.9M | $2.7M | $1.6M |
| 2011 | 2 | 739 | $27.1M | $1.2M | $1.3M |
| 2010 | 2 | 712 | $26.4M | $1.3M | $1.0M |
| 2009 | 2 | 694 | $22.2M | $1.8M | $959K |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Vanguard Advisors Inc. | — | 1 | $32,309 |
| Conrad Siegel Investment Advisors | Investment advisory (plan); Participant communication | 1 | $28,151 |
| Strategic Advisors, Inc. | Investment advisory (plan) | 1 | $20,332 |
| Institutional Investment Consultin | Investment advisory (plan) | 1 | $20,000 |
| BlackRock Inc. | Investment management | 1 | $10,022 |
| Charles Schwab & Co. | Custodial (securities); Trustee (bank, trust company, or similar financial institution) | 1 | $8,719 |
| The Vanguard Group | Trustee (bank, trust company, or similar financial institution); Investment advisory (plan); Investment management | 1 | $4,148 |
| Vanguard Fiduciary Trust Company | Recordkeeping and information management; Trustee (bank, trust company, or similar financial institution) | 1 | $3,492 |
| Fidelity Investments Institutional | Participant loan processing | 1 | $0 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Burke & Herbert Bank have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Burke & Herbert Bank & Trust Company Investment and Savings Plan and Burke & Herbert Bank & Trust Company Retirement Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Burke & Herbert Bank contribute to its plans?
$998,944 in employer contributions across these plans in their latest plan years, about $2,442 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Vanguard Advisors Inc., Conrad Siegel Investment Advisors, Strategic Advisors, Inc. and Institutional Investment Consultin and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.