Civic Intelligence

First National Corporation

Plan context: First National Corporation 401(K) Plan

EIN 54-1232965 • Strasburg, VA • 56 filings • 6 plans

112 W. King StreetStrasburg, VA 22657
Current Snapshot

Latest Year

2024

2024 Participants

309

2024 Assets

$36,263,850

2024 Contributions

$8,664,671

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$36,263,850$18,131,925$0200120132024YearValue
$36,263,850Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

3091550200020122024YearValue
309Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
20241309$36,263,850$8,664,671$28,041iApproximate average salary by contribution assumption: employee only about $701,025 at 4% or $467,350 at 6%; with 50% employer match about $467,350 at 4% or $311,567 at 6%; with 100% employer match about $350,513 at 4% or $233,675 at 6%.
First National Corporation 401(K) Plan-309$36,263,850$8,664,671$28,041iApproximate average salary by contribution assumption: employee only about $701,025 at 4% or $467,350 at 6%; with 50% employer match about $467,350 at 4% or $311,567 at 6%; with 100% employer match about $350,513 at 4% or $233,675 at 6%.
20231223$26,591,069$2,770,901$12,426iApproximate average salary by contribution assumption: employee only about $310,639 at 4% or $207,093 at 6%; with 50% employer match about $207,093 at 4% or $138,062 at 6%; with 100% employer match about $155,320 at 4% or $103,546 at 6%.
First National Corporation 401(K) Plan-223$26,591,069$2,770,901$12,426iApproximate average salary by contribution assumption: employee only about $310,639 at 4% or $207,093 at 6%; with 50% employer match about $207,093 at 4% or $138,062 at 6%; with 100% employer match about $155,320 at 4% or $103,546 at 6%.
20221213$21,038,899$2,406,774$11,299iApproximate average salary by contribution assumption: employee only about $282,485 at 4% or $188,323 at 6%; with 50% employer match about $188,323 at 4% or $125,549 at 6%; with 100% employer match about $141,243 at 4% or $94,162 at 6%.
First National Corporation 401(K) Plan-213$21,038,899$2,406,774$11,299iApproximate average salary by contribution assumption: employee only about $282,485 at 4% or $188,323 at 6%; with 50% employer match about $188,323 at 4% or $125,549 at 6%; with 100% employer match about $141,243 at 4% or $94,162 at 6%.
20211204$23,216,685$5,180,329$25,394iApproximate average salary by contribution assumption: employee only about $634,844 at 4% or $423,229 at 6%; with 50% employer match about $423,229 at 4% or $282,153 at 6%; with 100% employer match about $317,422 at 4% or $211,615 at 6%.
First National Corporation 401(K) Plan-204$23,216,685$5,180,329$25,394iApproximate average salary by contribution assumption: employee only about $634,844 at 4% or $423,229 at 6%; with 50% employer match about $423,229 at 4% or $282,153 at 6%; with 100% employer match about $317,422 at 4% or $211,615 at 6%.
20201153$16,787,068$1,671,761$10,927iApproximate average salary by contribution assumption: employee only about $273,164 at 4% or $182,109 at 6%; with 50% employer match about $182,109 at 4% or $121,406 at 6%; with 100% employer match about $136,582 at 4% or $91,055 at 6%.
First National Corporation 401(K) Plan-153$16,787,068$1,671,761$10,927iApproximate average salary by contribution assumption: employee only about $273,164 at 4% or $182,109 at 6%; with 50% employer match about $182,109 at 4% or $121,406 at 6%; with 100% employer match about $136,582 at 4% or $91,055 at 6%.
20191159$13,855,682$1,623,455$10,210iApproximate average salary by contribution assumption: employee only about $255,260 at 4% or $170,173 at 6%; with 50% employer match about $170,173 at 4% or $113,449 at 6%; with 100% employer match about $127,630 at 4% or $85,087 at 6%.
First National Corporation 401(K) Plan-159$13,855,682$1,623,455$10,210iApproximate average salary by contribution assumption: employee only about $255,260 at 4% or $170,173 at 6%; with 50% employer match about $170,173 at 4% or $113,449 at 6%; with 100% employer match about $127,630 at 4% or $85,087 at 6%.
20182158$11,057,938$3,142,773$19,891iApproximate average salary by contribution assumption: employee only about $497,274 at 4% or $331,516 at 6%; with 50% employer match about $331,516 at 4% or $221,011 at 6%; with 100% employer match about $248,637 at 4% or $165,758 at 6%.
First National Corporation 401(K) Plan-158$11,057,938$3,142,773$19,891iApproximate average salary by contribution assumption: employee only about $497,274 at 4% or $331,516 at 6%; with 50% employer match about $331,516 at 4% or $221,011 at 6%; with 100% employer match about $248,637 at 4% or $165,758 at 6%.
First National Corporation Employee Stock Ownership Plan-0---
20173159$14,585,651$3,635,472$22,865iApproximate average salary by contribution assumption: employee only about $571,615 at 4% or $381,077 at 6%; with 50% employer match about $381,077 at 4% or $254,051 at 6%; with 100% employer match about $285,808 at 4% or $190,538 at 6%.
First National Corporation 401(K) Plan-159$10,340,794$1,630,472$10,255iApproximate average salary by contribution assumption: employee only about $256,364 at 4% or $170,909 at 6%; with 50% employer match about $170,909 at 4% or $113,939 at 6%; with 100% employer match about $128,182 at 4% or $85,455 at 6%.
First National Corporation Employee Stock Ownership Plan-141$4,244,857--
Vba Master Defined Benefit Plan for First National Corporation-0$0$2,005,000-
20163164$14,712,685$1,121,726$6,840iApproximate average salary by contribution assumption: employee only about $170,995 at 4% or $113,997 at 6%; with 50% employer match about $113,997 at 4% or $75,998 at 6%; with 100% employer match about $85,497 at 4% or $56,998 at 6%.
First National Corporation 401(K) Plan-164$7,791,493$636,728$3,882iApproximate average salary by contribution assumption: employee only about $97,062 at 4% or $64,708 at 6%; with 50% employer match about $64,708 at 4% or $43,139 at 6%; with 100% employer match about $48,531 at 4% or $32,354 at 6%.
First National Corporation Employee Stock Ownership Plan-158$3,642,195$484,998$3,070iApproximate average salary by contribution assumption: employee only about $76,740 at 4% or $51,160 at 6%; with 50% employer match about $51,160 at 4% or $34,107 at 6%; with 100% employer match about $38,370 at 4% or $25,580 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-69$3,278,997--
20153187$13,998,046$1,420,750$7,598iApproximate average salary by contribution assumption: employee only about $189,940 at 4% or $126,627 at 6%; with 50% employer match about $126,627 at 4% or $84,418 at 6%; with 100% employer match about $94,970 at 4% or $63,313 at 6%.
First National Corporation 401(K) Plan-187$7,488,547$953,701$5,100iApproximate average salary by contribution assumption: employee only about $127,500 at 4% or $85,000 at 6%; with 50% employer match about $85,000 at 4% or $56,667 at 6%; with 100% employer match about $63,750 at 4% or $42,500 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-77$4,171,535--
First National Corporation Employee Stock Ownership Plan-187$2,337,964$467,049$2,498iApproximate average salary by contribution assumption: employee only about $62,440 at 4% or $41,626 at 6%; with 50% employer match about $41,626 at 4% or $27,751 at 6%; with 100% employer match about $31,220 at 4% or $20,813 at 6%.
20143170$12,837,056$871,202$5,125iApproximate average salary by contribution assumption: employee only about $128,118 at 4% or $85,412 at 6%; with 50% employer match about $85,412 at 4% or $56,941 at 6%; with 100% employer match about $64,059 at 4% or $42,706 at 6%.
First National Corporation 401(K) Plan-170$6,909,632$565,507$3,327iApproximate average salary by contribution assumption: employee only about $83,163 at 4% or $55,442 at 6%; with 50% employer match about $55,442 at 4% or $36,961 at 6%; with 100% employer match about $41,581 at 4% or $27,721 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-95$4,182,942--
First National Corporation Employee Stock Ownership Plan-164$1,744,482$305,695$1,864iApproximate average salary by contribution assumption: employee only about $46,600 at 4% or $31,067 at 6%; with 50% employer match about $31,067 at 4% or $20,711 at 6%; with 100% employer match about $23,300 at 4% or $15,533 at 6%.
20133143$11,605,010$713,811$4,992iApproximate average salary by contribution assumption: employee only about $124,792 at 4% or $83,195 at 6%; with 50% employer match about $83,195 at 4% or $55,463 at 6%; with 100% employer match about $62,396 at 4% or $41,597 at 6%.
First National Corporation 401(K) Plan-141$6,083,308$464,886$3,297iApproximate average salary by contribution assumption: employee only about $82,427 at 4% or $54,951 at 6%; with 50% employer match about $54,951 at 4% or $36,634 at 6%; with 100% employer match about $41,213 at 4% or $27,476 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-101$4,284,435--
First National Corporation Employee Stock Ownership Plan-143$1,237,267$248,925$1,741iApproximate average salary by contribution assumption: employee only about $43,518 at 4% or $29,012 at 6%; with 50% employer match about $29,012 at 4% or $19,341 at 6%; with 100% employer match about $21,759 at 4% or $14,506 at 6%.
20123160$11,311,192$1,240,559$7,753iApproximate average salary by contribution assumption: employee only about $193,837 at 4% or $129,225 at 6%; with 50% employer match about $129,225 at 4% or $86,150 at 6%; with 100% employer match about $96,919 at 4% or $64,612 at 6%.
First National Corporation 401(K) Plan-160$5,983,493$523,228$3,270iApproximate average salary by contribution assumption: employee only about $81,754 at 4% or $54,503 at 6%; with 50% employer match about $54,503 at 4% or $36,335 at 6%; with 100% employer match about $40,877 at 4% or $27,251 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-112$4,540,965$500,000$4,464iApproximate average salary by contribution assumption: employee only about $111,607 at 4% or $74,405 at 6%; with 50% employer match about $74,405 at 4% or $49,603 at 6%; with 100% employer match about $55,804 at 4% or $37,202 at 6%.
First National Corporation Employee Stock Ownership Plan-155$786,734$217,331$1,402iApproximate average salary by contribution assumption: employee only about $35,053 at 4% or $23,369 at 6%; with 50% employer match about $23,369 at 4% or $15,579 at 6%; with 100% employer match about $17,527 at 4% or $11,684 at 6%.
20113166$9,759,332$1,044,163$6,290iApproximate average salary by contribution assumption: employee only about $157,253 at 4% or $104,836 at 6%; with 50% employer match about $104,836 at 4% or $69,890 at 6%; with 100% employer match about $78,627 at 4% or $52,418 at 6%.
First National Corporation 401(K) Plan-166$5,221,210$538,759$3,246iApproximate average salary by contribution assumption: employee only about $81,138 at 4% or $54,092 at 6%; with 50% employer match about $54,092 at 4% or $36,062 at 6%; with 100% employer match about $40,569 at 4% or $27,046 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-130$3,999,730$306,484$2,358iApproximate average salary by contribution assumption: employee only about $58,939 at 4% or $39,293 at 6%; with 50% employer match about $39,293 at 4% or $26,195 at 6%; with 100% employer match about $29,470 at 4% or $19,646 at 6%.
First National Corporation Employee Stock Ownership Plan-156$538,392$198,920$1,275iApproximate average salary by contribution assumption: employee only about $31,878 at 4% or $21,252 at 6%; with 50% employer match about $21,252 at 4% or $14,168 at 6%; with 100% employer match about $15,939 at 4% or $10,626 at 6%.
20103159$9,554,802$844,133$5,309iApproximate average salary by contribution assumption: employee only about $132,725 at 4% or $88,484 at 6%; with 50% employer match about $88,484 at 4% or $58,989 at 6%; with 100% employer match about $66,363 at 4% or $44,242 at 6%.
First National Corporation 401(K) Plan-159$5,483,738$415,113$2,611iApproximate average salary by contribution assumption: employee only about $65,269 at 4% or $43,513 at 6%; with 50% employer match about $43,513 at 4% or $29,009 at 6%; with 100% employer match about $32,635 at 4% or $21,756 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-144$3,266,975$240,000$1,667iApproximate average salary by contribution assumption: employee only about $41,667 at 4% or $27,778 at 6%; with 50% employer match about $27,778 at 4% or $18,519 at 6%; with 100% employer match about $20,833 at 4% or $13,889 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-159$804,089$189,020$1,189iApproximate average salary by contribution assumption: employee only about $29,720 at 4% or $19,813 at 6%; with 50% employer match about $19,813 at 4% or $13,209 at 6%; with 100% employer match about $14,860 at 4% or $9,907 at 6%.
20093171$9,212,230$752,405$4,400iApproximate average salary by contribution assumption: employee only about $110,001 at 4% or $73,334 at 6%; with 50% employer match about $73,334 at 4% or $48,889 at 6%; with 100% employer match about $55,000 at 4% or $36,667 at 6%.
First National Corporation 401(K) Plan-171$4,610,922$372,205$2,177iApproximate average salary by contribution assumption: employee only about $54,416 at 4% or $36,277 at 6%; with 50% employer match about $36,277 at 4% or $24,185 at 6%; with 100% employer match about $27,208 at 4% or $18,139 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-143$4,028,182$200,000$1,399iApproximate average salary by contribution assumption: employee only about $34,965 at 4% or $23,310 at 6%; with 50% employer match about $23,310 at 4% or $15,540 at 6%; with 100% employer match about $17,483 at 4% or $11,655 at 6%.
First National Corporation Employee Stock Ownership Plan-169$573,126$180,200$1,066iApproximate average salary by contribution assumption: employee only about $26,657 at 4% or $17,771 at 6%; with 50% employer match about $17,771 at 4% or $11,847 at 6%; with 100% employer match about $13,328 at 4% or $8,886 at 6%.
20083165$7,934,297$782,006$4,739iApproximate average salary by contribution assumption: employee only about $118,486 at 4% or $78,991 at 6%; with 50% employer match about $78,991 at 4% or $52,660 at 6%; with 100% employer match about $59,243 at 4% or $39,495 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-136$3,778,262$170,000$1,250iApproximate average salary by contribution assumption: employee only about $31,250 at 4% or $20,833 at 6%; with 50% employer match about $20,833 at 4% or $13,889 at 6%; with 100% employer match about $15,625 at 4% or $10,417 at 6%.
First National Corporation 401(K) Plan-164$3,377,562$423,631$2,583iApproximate average salary by contribution assumption: employee only about $64,578 at 4% or $43,052 at 6%; with 50% employer match about $43,052 at 4% or $28,701 at 6%; with 100% employer match about $32,289 at 4% or $21,526 at 6%.
First National Corporation Employee Stock Ownership Plan-165$778,473$188,375$1,142iApproximate average salary by contribution assumption: employee only about $28,542 at 4% or $19,028 at 6%; with 50% employer match about $19,028 at 4% or $12,685 at 6%; with 100% employer match about $14,271 at 4% or $9,514 at 6%.
20073160$5,856,096$718,905$4,493iApproximate average salary by contribution assumption: employee only about $112,329 at 4% or $74,886 at 6%; with 50% employer match about $74,886 at 4% or $49,924 at 6%; with 100% employer match about $56,164 at 4% or $37,443 at 6%.
First National Corporation 401(K) Plan-153$4,720,835$538,994$3,523iApproximate average salary by contribution assumption: employee only about $88,071 at 4% or $58,714 at 6%; with 50% employer match about $58,714 at 4% or $39,143 at 6%; with 100% employer match about $44,035 at 4% or $29,357 at 6%.
First National Corporation Employee Stock Ownership Plan-160$1,135,261$179,911$1,124iApproximate average salary by contribution assumption: employee only about $28,111 at 4% or $18,741 at 6%; with 50% employer match about $18,741 at 4% or $12,494 at 6%; with 100% employer match about $14,056 at 4% or $9,370 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-133---
20063159$8,775,076$1,441,254$9,064iApproximate average salary by contribution assumption: employee only about $226,612 at 4% or $151,075 at 6%; with 50% employer match about $151,075 at 4% or $100,717 at 6%; with 100% employer match about $113,306 at 4% or $75,537 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-122$3,994,826$876,325$7,183iApproximate average salary by contribution assumption: employee only about $179,575 at 4% or $119,717 at 6%; with 50% employer match about $119,717 at 4% or $79,811 at 6%; with 100% employer match about $89,787 at 4% or $59,858 at 6%.
First National Corporation 401(K) Plan-142$3,966,382$408,346$2,876iApproximate average salary by contribution assumption: employee only about $71,892 at 4% or $47,928 at 6%; with 50% employer match about $47,928 at 4% or $31,952 at 6%; with 100% employer match about $35,946 at 4% or $23,964 at 6%.
First National Corporation Employee Stock Ownership Plan-159$813,868$156,583$985iApproximate average salary by contribution assumption: employee only about $24,620 at 4% or $16,413 at 6%; with 50% employer match about $16,413 at 4% or $10,942 at 6%; with 100% employer match about $12,310 at 4% or $8,207 at 6%.
20052132$3,700,377$162,563$1,232iApproximate average salary by contribution assumption: employee only about $30,788 at 4% or $20,526 at 6%; with 50% employer match about $20,526 at 4% or $13,684 at 6%; with 100% employer match about $15,394 at 4% or $10,263 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-102$3,007,619$162,563$1,594iApproximate average salary by contribution assumption: employee only about $39,844 at 4% or $26,563 at 6%; with 50% employer match about $26,563 at 4% or $17,708 at 6%; with 100% employer match about $19,922 at 4% or $13,281 at 6%.
First National Corporation Employee Stock Ownership Plan-132$692,758--
2004297$3,282,692$269,964$2,783iApproximate average salary by contribution assumption: employee only about $69,578 at 4% or $46,386 at 6%; with 50% employer match about $46,386 at 4% or $30,924 at 6%; with 100% employer match about $34,789 at 4% or $23,193 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-91$2,722,260$269,964$2,967iApproximate average salary by contribution assumption: employee only about $74,166 at 4% or $49,444 at 6%; with 50% employer match about $49,444 at 4% or $32,963 at 6%; with 100% employer match about $37,083 at 4% or $24,722 at 6%.
First National Corporation Employee Stock Ownership Plan-97$560,432--
2003286$442,329$75,000$872iApproximate average salary by contribution assumption: employee only about $21,802 at 4% or $14,535 at 6%; with 50% employer match about $14,535 at 4% or $9,690 at 6%; with 100% employer match about $10,901 at 4% or $7,267 at 6%.
First National Corporation Employee Stock Ownership Plan-86$442,329$75,000$872iApproximate average salary by contribution assumption: employee only about $21,802 at 4% or $14,535 at 6%; with 50% employer match about $14,535 at 4% or $9,690 at 6%; with 100% employer match about $10,901 at 4% or $7,267 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-84---
2002275$1,667,667$249,435$3,326iApproximate average salary by contribution assumption: employee only about $83,145 at 4% or $55,430 at 6%; with 50% employer match about $55,430 at 4% or $36,953 at 6%; with 100% employer match about $41,573 at 4% or $27,715 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-75$1,468,232$174,435$2,326iApproximate average salary by contribution assumption: employee only about $58,145 at 4% or $38,763 at 6%; with 50% employer match about $38,763 at 4% or $25,842 at 6%; with 100% employer match about $29,073 at 4% or $19,382 at 6%.
First National Corporation Employee Stock Ownership Plan-75$199,435$75,000$1,000iApproximate average salary by contribution assumption: employee only about $25,000 at 4% or $16,667 at 6%; with 50% employer match about $16,667 at 4% or $11,111 at 6%; with 100% employer match about $12,500 at 4% or $8,333 at 6%.
2001277$1,361,415$172,862$2,245iApproximate average salary by contribution assumption: employee only about $56,124 at 4% or $37,416 at 6%; with 50% employer match about $37,416 at 4% or $24,944 at 6%; with 100% employer match about $28,062 at 4% or $18,708 at 6%.
Vba Master Defined Benefit Plan for First National Corporation-74$1,271,370$97,862$1,322iApproximate average salary by contribution assumption: employee only about $33,061 at 4% or $22,041 at 6%; with 50% employer match about $22,041 at 4% or $14,694 at 6%; with 100% employer match about $16,531 at 4% or $11,020 at 6%.
First National Corporation Employee Stock Ownership Plan-77$90,045$75,000$974iApproximate average salary by contribution assumption: employee only about $24,351 at 4% or $16,234 at 6%; with 50% employer match about $16,234 at 4% or $10,823 at 6%; with 100% employer match about $12,175 at 4% or $8,117 at 6%.
2000283$0$0-
First National Corporation Employee Stock Ownership Plan-83---
Vba Master Defined Benefit Plan for First National Corporation-75---