United Bankers Bancorporation 401(k) match, vesting and fees
What United Bankers Bancorporation's 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 | Schedule C ↗ |
| Independent auditor | Eide Bailly LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| United Bankers Bancorporation: employer contribution per participant | $3,659 | |
| Peer median | $2,868 |
| United Bankers Bancorporation: average balance | $177,539 | |
| Peer median | $95,281 |
| United Bankers Bancorporation: admin expenses ÷ assets | 0.27% | |
| Peer median | 0.22% |
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 $25.3M at the end of plan year 2023 to $28.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 160 | $28.4M | $585K | $3,659 | 0.27% | Not published | Form 5500 ↗ |
| 2023 | 163 | $25.3M | $558K | $3,420 | 0.25% | Not published | Form 5500 ↗ |
Common questions
Does United Bankers Bancorporation match 401(k) contributions?
The match terms for the United Bankers' Bancorporation, Inc. 401(k) Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $585K in employer contributions, about $3,659 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the United Bankers Bancorporation 401(k) match vested?
The vesting schedule for the United Bankers' Bancorporation, Inc. 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the United Bankers Bancorporation 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is United Bankers Bancorporation, Inc..
I left United Bankers Bancorporation. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (United Bankers Bancorporation, Inc., (952) 881-5800) or the recordkeeper, Empower Annuity Insurance Company. The United Bankers Bancorporation old 401(k) page lists the contacts from every plan filing. Find an old United Bankers Bancorporation 401(k)
Data from the public Form 5500 annual reports United Bankers Bancorporation filed with the U.S. Department of Labor (plan years 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 United Bankers Bancorporation. Not financial advice. Report a correction · Methodology