Umpqua Bank 401(K) And Profit Sharing Plan — Form 5500 plan (Columbia Banking System, Inc.)

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, Umpqua Bank 401(K) And Profit Sharing Plan is a benefit plan reported by Columbia Banking System, Inc. under EIN 91-1422237 and plan number 001. The latest loaded filing year is 2023. The filing reports 5,572 participants and $695,335,758 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Columbia Banking System, Inc.
EIN
91-1422237
Plan number
001
Plan type
2
Location
Tacoma, WA
Latest filing year
2023
Participants
5,572
End-of-year plan assets
$695,335,758

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20235,572H, C20240709160716NAL0022488816001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$695,335,758
Total liabilities (EOY)
$0
Net assets (EOY)
$695,335,758
Net assets (BOY)
$396,108,299

Income & contributions

Employer contributions
$12,070,001
Participant contributions
$31,771,648
Total contributions
$48,511,549
Total income / additions
$125,572,647

Expenses & distributions

Benefits paid
$82,029,462
Administrative expenses
$342,352
Total expenses
$82,413,920
Net increase / (decrease)
$43,158,727

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$302,005$02023
Highland Capital Advisors, LLCCONSULTANT$29,282not reported in the loaded dataset2023
Hyas Group LLCCONSULTANT$11,250not reported in the loaded dataset2023

Related Form 5500 pages