United Security Bank Cash Or Deferred Stock Ownership Plan — Form 5500 plan (United Security Bank)
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 Security Bank Cash Or Deferred Stock Ownership Plan is a benefit plan reported by United Security Bank under EIN 77-0103429 and plan number 002. The latest loaded filing year is 2023. The filing reports 193 participants and $10,998,197 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- United Security Bank
- EIN
- 77-0103429
- Plan number
- 002
- Plan type
- 2
- Location
- Fresno, CA
- Latest filing year
- 2023
- Participants
- 193
- End-of-year plan assets
- $10,998,197
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 193 | H, C | 20240717172043NAL0002781891001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,998,197
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,998,197
- Net assets (BOY)
- $9,403,937
Income & contributions
- Employer contributions
- $280,573
- Participant contributions
- $540,331
- Total contributions
- $824,845
- Total income / additions
- $2,461,672
Expenses & distributions
- Benefits paid
- $826,097
- Administrative expenses
- $41,315
- Total expenses
- $867,412
- Net increase / (decrease)
- $1,594,260
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nationwide | RECORDKEEPER | $37,785 | $0 | 2023 |
| Nexus Administrators, Inc. | TPA | $3,525 | $4,188 | 2023 |