ESOP · DOL Form 5500 · 2022
United Bank Corporation ESOP
Data updated 2026-08-11
- $52M
- Total assets
- 344
- Participants
- 88th
- Percentile by assets
- $151,504
- Avg per participant
Official DOL plan name: United Bank Corporation Employee Stock Ownership Plan · Sponsored by United Bank Corporation · Georgia · Finance & Insurance
$52M in assets, 344 participants
United Bank Corporation's United Bank Corporation Employee Stock Ownership Plan reported $52M in total assets and 344 participants in its 2022 DOL Form 5500 filing, ranking in the 88th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 88th percentile by assets (of 139,126 plans)
- #7,519 in Finance & Insurance (9,261 peers)
Coverage in Georgia
United Bank Corporation Employee Stock Ownership Plan covers 344 participants in Georgia, about 31% of the average Georgia filer (state average ~1,096 per filing). Assets: $52M.
- $52M
- total plan assets (2022 EOY)
- 344
- covered participants
- 88th
- percentile by assets (of 139,126 plans)
- $151,504
- avg assets per participant
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Georgia filers
In Georgia, the average filing covers about 1,096 participants across 3,635 plans. United Bank Corporation Employee Stock Ownership Plan reports 344 participants - about 31% of that state average ($52M EOY assets).
Georgia filing particulars
| Total Assets (Beginning of Year) | $57M |
|---|---|
| Net Assets (End of Year) | $52M |
| Net Income | -$5M |
| Employer EIN | 581447401 |
| Plan Effective Date | 2018-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (United Bank Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 741 | $84M |
| 2023 | 2 | 721 | $96M |
| 2024 | 2 | 755 | $153M |
Nearby ESOP Plans in Georgia
Peer ESOP plans, same state, same plan type, ranked by total assets.
United Bank Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
- Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan $689M · 1,759
- Choate Construction Company Employee Stock Ownership Plan $316M · 424
- Brent Scarbrough & Company Employee Stock Ownership Plan $253M · 427
- Aubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan $190M · 397
- Dixie Plywood and Lumber Company Employee Stock Ownership Plan $137M · 314
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to United Bank Corporation Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did United Bank Corporation Employee Stock Ownership Plan assets move in 2022? ▼
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Where does United Bank Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on United Bank Corporation Employee Stock Ownership Plan's numbers.
- By total assets, United Bank Corporation Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Georgia. Compare plans
- United Bank Corporation's sponsor-wide assets have grown 83.7% since 2022 across 3 plan years on file. More Finance & Insurance plans