Plan5500

Union Bank 401(K) Plan — Form 5500 plan (Union Bank)

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, Union Bank 401(K) Plan is a benefit plan reported by Union Bank under EIN 03-0286322 and plan number 002. The latest loaded filing year is 2023. The filing reports 297 participants and $29,106,798 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Union Bank
EIN
03-0286322
Plan number
002
Plan type
2
Location
Morrisville, VT
Latest filing year
2023
Participants
297
End-of-year plan assets
$29,106,798

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023297H, C20240717153116NAL0007279472001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$29,106,798
Total liabilities (EOY)
$0
Net assets (EOY)
$29,106,798
Net assets (BOY)
$24,776,184

Income & contributions

Employer contributions
$1,104,493
Participant contributions
$1,078,232
Total contributions
$2,604,075
Total income / additions
$6,443,417

Expenses & distributions

Benefits paid
$2,059,847
Administrative expenses
$52,956
Total expenses
$2,112,803
Net increase / (decrease)
$4,330,614

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$31,499$02023
Pensionmark Financial Group, LLCINVESTMENT ADVISORY$18,482$62023
Future Planning Associates, IncOTHER SERVICES$2,975$11,9092023

Related Form 5500 pages