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, United Community Banks, Inc. 401(K) Plan is a benefit plan reported by United Community Banks, Inc. under EIN 58-1807304 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,780 participants and $254,714,130 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $254,714,130
- Total liabilities (EOY)
- $25,515
- Net assets (EOY)
- $254,688,615
- Net assets (BOY)
- $196,478,359
Income & contributions
- Employer contributions
- $10,797,067
- Participant contributions
- $18,257,483
- Total contributions
- $32,671,700
- Total income / additions
- $66,396,108
Expenses & distributions
- Benefits paid
- $29,233,208
- Administrative expenses
- $236,870
- Total expenses
- $29,470,078
- Net increase / (decrease)
- $36,926,030