2023 Form 5500 filing — United Bancorporation Of Alabama, Inc. 401(K) Employee Stock Ownership 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 20241015094915NAL0029175521001) for United Bancorporation Of Alabama, Inc. 401(K) Employee Stock Ownership Plan, reported by United Bancorporation Of Alabama, Inc. under EIN 63-0833573 and plan number 002. It reports 259 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015094915NAL0029175521001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- United Bancorporation Of Alabama, Inc.
- EIN
- 63-0833573
- Plan number
- 002
- Location
- Atmore, AL
- Participants
- 259
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,461,881
- Total liabilities (EOY)
- $1,330,480
- Net assets (EOY)
- $19,131,401
- Employer contributions
- $686,670
- Participant contributions
- $729,087
- Total income / additions
- $4,197,885
- Benefits paid
- $1,637,883
- Administrative expenses
- $22,501
- Total expenses
- $1,701,847
- Net increase / (decrease)
- $2,496,038
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Usa | RECORDKEEPER | $40,639 | $0 |