Plan5500

State Bankers Association Group Insurance Trust — Form 5500 plan (Vba Benefits 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, State Bankers Association Group Insurance Trust is a benefit plan reported by Vba Benefits Corporation under EIN 54-1741662 and plan number 502. The latest loaded filing year is 2023. The filing reports 8,743 participants and $40,812 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$40.4KPlan net assets, end of year$40,351
Participants8.7KCovered participants reported8,743
Assets / participant$5Computed: assets ÷ participants$5 (computed)
Provider compensationNone reported1 Schedule C provider row(s)
Plan sponsor
Vba Benefits Corporation
EIN
54-1741662
Plan number
502
Plan type
4
Location
Glen Allen, VA
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    8,743 participants · 4Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$40.8K total assets
Net assets$40.4KLiabilities$461
Money in vs. money out
Total income / additions$7.4M
Total expenses$7.4M
Benefits paid / distributions$7.4M
Contributions
Employer$7.4M
Participant$0
Full reported line items

Net assets

Total assets (EOY)
$40,812
Total liabilities (EOY)
$461
Net assets (EOY)
$40,351
Net assets (BOY)
$38,429

Income & contributions

Employer contributions
$7,363,522
Participant contributions
$0
Total contributions
$7,363,522
Total income / additions
$7,367,002

Expenses & distributions

Benefits paid
$7,361,765
Administrative expenses
$3,315
Total expenses
$7,365,080
Net increase / (decrease)
$1,922
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 100%Participant 0%
Total expenses ÷ net assets18253%Computed ratio
Benefits paid ÷ total income100%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Truist Bank-$3.4K
    NONE · Direct -$3.4K · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the State Bankers Association Group Insurance Trust?
State Bankers Association Group Insurance Trust is reported as sponsored by Vba Benefits Corporation (EIN 54-1741662, plan number 502) in public Form 5500 filings.
What is the most recent Form 5500 filing year for State Bankers Association Group Insurance Trust?
The latest Form 5500 filing year loaded for State Bankers Association Group Insurance Trust is 2023.
How many participants does State Bankers Association Group Insurance Trust report?
State Bankers Association Group Insurance Trust reports 8,743 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for State Bankers Association Group Insurance Trust?
State Bankers Association Group Insurance Trust reports $40,812 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages