2023 Form 5500 filing — Blue Ridge Bankshares, Inc. 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20251024160040NAL0002842739001) for Blue Ridge Bankshares, Inc. 401(K) Plan, reported by Blue Ridge Bankshares, Inc. under EIN 54-1838100 and plan number 004. It reports 640 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20251024160040NAL0002842739001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Blue Ridge Bankshares, Inc.
- EIN
- 54-1838100
- Plan number
- 004
- Location
- Richmond, VA
- Participants
- 640
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,747,750
- Total liabilities (EOY)
- $129,684
- Net assets (EOY)
- $23,618,066
- Employer contributions
- $1,955,193
- Participant contributions
- $3,007,355
- Total income / additions
- $8,113,460
- Benefits paid
- $4,213,787
- Administrative expenses
- $82,909
- Total expenses
- $4,296,696
- Net increase / (decrease)
- $3,816,764
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alerus Financial | NONE | $52,156 | $0 |
| Lpl Financial LLC | NONE | $30,789 | $0 |