Atlantic Union Bankshares 401(k) match, vesting and fees
What Atlantic Union Bankshares' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company O | Schedule C ↗ |
| Independent auditor | Bdo USA, P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 673 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| Atlantic Union Bankshares: employer contribution per participant | $2,517 | |
| Peer median | $2,966 |
| Atlantic Union Bankshares: average balance | $90,105 | |
| Peer median | $104,792 |
| Atlantic Union Bankshares: admin expenses ÷ assets | 0.21% | |
| Peer median | 0.10% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $261M at the end of plan year 2021 to $301M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 3,385 | $301M | $8.4M | $2,517 | 0.21% | Not published | Form 5500 ↗ |
| 2023 | 3,565 | $271M | $8.2M | $2,337 | 0.14% | Not published | Form 5500 ↗ |
| 2022 | 3,435 | $217M | $7M | $2,045 | 0.13% | Not published | Form 5500 ↗ |
| 2021 | 3,382 | $261M | $6.6M | $1,956 | 0.13% | Not published | Form 5500 ↗ |
Other Atlantic Union Bankshares plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Atlantic Union Bankshares Corporation Employee Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Profit-sharing · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Atlantic Union Bankshares match 401(k) contributions?
The match terms for the Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $8.4M in employer contributions, about $2,517 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Atlantic Union Bankshares 401(k) match vested?
The vesting schedule for the Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Atlantic Union Bankshares 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company O. The plan administrator is Atlantic Union Bankshares Corporation.
I left Atlantic Union Bankshares. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Atlantic Union Bankshares Corporation, (804) 632-2103) or the recordkeeper, Empower Annuity Insurance Company O. The Atlantic Union Bankshares old 401(k) page lists the contacts from every plan filing. Find an old Atlantic Union Bankshares 401(k)
Data from the public Form 5500 annual reports Atlantic Union Bankshares filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Atlantic Union Bankshares. Not financial advice. Report a correction · Methodology