Bankunited 401(K) Plan — Form 5500 plan (Bankunited, 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, Bankunited 401(K) Plan is a benefit plan reported by Bankunited, Inc. under EIN 27-0162450 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,289 participants and $211,355,945 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Bankunited, Inc.
EIN
27-0162450
Plan number
001
Plan type
2
Location
Miami Lakes, FL
Latest filing year
2023
Participants
2,289
End-of-year plan assets
$211,355,945

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,289H, C20241009125207NAL0031196928001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$211,355,945
Total liabilities (EOY)
$256,085
Net assets (EOY)
$211,099,860
Net assets (BOY)
$168,773,261

Income & contributions

Employer contributions
$7,592,938
Participant contributions
$13,980,990
Total contributions
$23,686,199
Total income / additions
$55,315,295

Expenses & distributions

Benefits paid
$12,734,764
Administrative expenses
$246,033
Total expenses
$12,988,696
Net increase / (decrease)
$42,326,599

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ingham & CompanyNONE$214,102$15,5172023
National Financial ServicesNONE$31,931not reported in the loaded dataset2023

Related Form 5500 pages