2023 Form 5500 filing — First United Corporation Pension 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 20241010084748NAL0019822913001) for First United Corporation Pension Plan, reported by First United Corporation under EIN 52-1380770 and plan number 001. It reports 337 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010084748NAL0019822913001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First United Corporation
- EIN
- 52-1380770
- Plan number
- 001
- Location
- Oakland, MD
- Participants
- 337
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $51,504,672
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $51,504,672
- Total income / additions
- $6,046,193
- Benefits paid
- $2,103,151
- Administrative expenses
- $403,762
- Total expenses
- $2,506,913
- Net increase / (decrease)
- $3,539,280
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| First United Trust & Investments | COMPANY | $320,140 | not reported in the loaded dataset |
| Cbiz Benefits & Ins Svcs Of Md | NONE | $40,692 | not reported in the loaded dataset |
| Sek Cpa'S & Advisors | NONE | $10,578 | not reported in the loaded dataset |