First United Corporation Employee Benefit Plan — Form 5500 plan (First United Corporation)
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, First United Corporation Employee Benefit Plan is a benefit plan reported by First United Corporation under EIN 52-1380770 and plan number 501. The latest loaded filing year is 2023. The filing reports 176 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First United Corporation
- EIN
- 52-1380770
- Plan number
- 501
- Plan type
- 2
- Location
- Oakland, MD
- Latest filing year
- 2023
- Participants
- 176
- End-of-year plan assets
- $0
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 176 | H, C | 20241009110426NAL0019057953001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $0
Income & contributions
- Employer contributions
- $1,852,715
- Participant contributions
- $822,479
- Total contributions
- $2,675,194
- Total income / additions
- $2,675,194
Expenses & distributions
- Benefits paid
- $2,027,398
- Administrative expenses
- $647,796
- Total expenses
- $2,675,194
- Net increase / (decrease)
- $0
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Unimerica Insurance Company | NONE | $474,676 | not reported in the loaded dataset | 2023 |
| Meritain Health, Inc. | NONE | $108,559 | not reported in the loaded dataset | 2023 |
| Lr Webber Associates | NONE | $56,630 | not reported in the loaded dataset | 2023 |
| Maryland Bankers Association | NONE | $7,933 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for First United Corporation
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Oakland, MD
- Unimerica Insurance Company — Schedule C compensation
- Meritain Health, Inc. — Schedule C compensation
- Lr Webber Associates — Schedule C compensation
- Maryland Bankers Association — Schedule C compensation