Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan — Form 5500 plan (Blue Ridge Bankshares, Inc.)

Plain-English plan 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, Blue Ridge Bankshares, Inc. Employee Stock Ownership Plan is a benefit plan reported by Blue Ridge Bankshares, Inc. under EIN 54-1838100 and plan number 005. The latest loaded filing year is 2023. The filing reports 646 participants and $1,247,228 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.2MPlan net assets, end of year$1,243,492
Participants646Covered participants reported
Assets / participant$1.9KComputed: assets ÷ participants$1,931 (computed)
Provider compensationNone reported
Plan sponsor
Blue Ridge Bankshares, Inc.
EIN
54-1838100
Plan number
005
Plan type
2
Location
Richmond, VA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023646H20251024170807NAL0003711856001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$1.2M total assets
Net assets$1.2MLiabilities$3.7K
Money in vs. money out
Total income / additions-$631.1K
Total expenses$147K
Benefits paid / distributions$146.6K
Full reported line items

Net assets

Total assets (EOY)
$1,247,228
Total liabilities (EOY)
$3,736
Net assets (EOY)
$1,243,492
Net assets (BOY)
$2,021,587

Income & contributions

Total contributions
$0
Total income / additions
-$631,077

Expenses & distributions

Benefits paid
$146,610
Administrative expenses
$408
Total expenses
$147,018
Net increase / (decrease)
-$778,095
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets12%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages