2023 Form 5500 filing — Umpqua Bank 401(K) And Profit Sharing Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240709160716NAL0022488816001) for Umpqua Bank 401(K) And Profit Sharing Plan, reported by Columbia Banking System, Inc. under EIN 91-1422237 and plan number 001. It reports 5,572 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240709160716NAL0022488816001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Columbia Banking System, Inc.
- EIN
- 91-1422237
- Plan number
- 001
- Location
- Tacoma, WA
- Participants
- 5,572
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $695,335,758
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $695,335,758
- Employer contributions
- $12,070,001
- Participant contributions
- $31,771,648
- Total income / additions
- $125,572,647
- Benefits paid
- $82,029,462
- Administrative expenses
- $342,352
- Total expenses
- $82,413,920
- Net increase / (decrease)
- $43,158,727
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $302,005 | $0 |
| Highland Capital Advisors, LLC | CONSULTANT | $29,282 | not reported in the loaded dataset |
| Hyas Group LLC | CONSULTANT | $11,250 | not reported in the loaded dataset |