Atlantic Union Bankshares Corporation 401(K) Profit Sharing Plan — Form 5500 plan (Atlantic Union Bankshares 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, Atlantic Union Bankshares Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Atlantic Union Bankshares Corporation under EIN 54-1598552 and plan number 002. The latest loaded filing year is 2023. The filing reports 3,435 participants and $271,054,449 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Atlantic Union Bankshares Corporation
- EIN
- 54-1598552
- Plan number
- 002
- Plan type
- 2
- Location
- Glen Allen, VA
- Latest filing year
- 2023
- Participants
- 3,435
- End-of-year plan assets
- $271,054,449
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,435 | H, C | 20240927072449NAL0003598130001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $271,054,449
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $271,054,449
- Net assets (BOY)
- $217,400,296
Income & contributions
- Employer contributions
- $8,244,419
- Participant contributions
- $16,442,225
- Total contributions
- $26,395,218
- Total income / additions
- $62,763,877
Expenses & distributions
- Benefits paid
- $35,965,384
- Administrative expenses
- $350,646
- Total expenses
- $36,318,847
- Net increase / (decrease)
- $26,445,030
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $242,033 | $0 | 2023 |
| Bdo Usa, P.C. | AUDITOR | $60,716 | not reported in the loaded dataset | 2023 |
| Mercer Investments LLC | NONE | $45,375 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Atlantic Union Bankshares Corporation
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Glen Allen, VA
- Empower Annuity Insurance Company — Schedule C compensation
- Bdo Usa, P.C. — Schedule C compensation
- Mercer Investments LLC — Schedule C compensation