United Bancshares, Inc. Restated Employee Stock Ownership Plan — Form 5500 plan (United Bancshares, 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, United Bancshares, Inc. Restated Employee Stock Ownership Plan is a benefit plan reported by United Bancshares, Inc. under EIN 34-1516518 and plan number 004. The latest loaded filing year is 2023. The filing reports 328 participants and $19,741,291 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- United Bancshares, Inc.
- EIN
- 34-1516518
- Plan number
- 004
- Plan type
- 2
- Location
- Columbus Grove, OH
- Latest filing year
- 2023
- Participants
- 328
- End-of-year plan assets
- $19,741,291
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 328 | H, C | 20241009132844NAL0019319153001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,741,291
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,741,291
- Net assets (BOY)
- $20,218,705
Income & contributions
- Employer contributions
- $1,072,880
- Participant contributions
- $966,795
- Total contributions
- $2,041,132
- Total income / additions
- $5,092,033
Expenses & distributions
- Benefits paid
- $5,484,620
- Administrative expenses
- $84,827
- Total expenses
- $5,569,447
- Net increase / (decrease)
- -$477,414
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Usi Consulting Group | NONE | $22,173 | $0 | 2023 |
| Cliftonlarsonallen Llp | NONE | $21,635 | not reported in the loaded dataset | 2023 |
| Hovde Group | VALUATION | $21,100 | not reported in the loaded dataset | 2023 |
| Axia Advisory | NONE | $12,000 | not reported in the loaded dataset | 2023 |
| Charles Schwab | TRUSTEE | $7,238 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for United Bancshares, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Columbus Grove, OH
- Usi Consulting Group — Schedule C compensation
- Cliftonlarsonallen Llp — Schedule C compensation
- Hovde Group — Schedule C compensation
- Axia Advisory — Schedule C compensation
- Charles Schwab — Schedule C compensation