ESOP · DOL Form 5500 · 2022

United Bank Corporation ESOP

Data updated 2026-08-25

$52M
Total assets Below avg plan size
344
Participants Below avg headcount
88th
Percentile by assets National rank
$151,504
Avg per participant Above avg balance/head
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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.

  • #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.

#7,519
in Finance & Insurance (9,261 peers)
-8.6%
assets change YoY
0.5×
vs typical plan assets (national mean)

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.

United Bank Corporation Employee Stock Ownership Plan's outsized position by total assets

United Bank Corporation Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$52,117,338 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

United Bank Corporation Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. United Bank Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (344 participants).

EBSA filing schedule strip

Filing strip 581447401 · United Bank Corporation PY 2022 · ESOP

United Bank Corporation Employee Stock Ownership Plan · $52M · 344 · 88th

  • IND $52M
  • EOY 344
  • 5500 88th
  • ASSETS ESOP
  • PCT near Northfield Bank Employee Stock Ownership Plan
  • EIN ind #7519

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Georgia →

United Bank Corporation Employee Stock Ownership Plan in the asset neighbourhood

United Bank Corporation Employee Stock Ownership PlanUnited Bank Corporation Empl…$52MNorthfield Bank Employee Stock Ownership PlanNorthfield Bank Employee Sto…$52MBirkey's Employee Stock Ownership PlanBirkey's Employee Stock Owne…$52MDigital Dynamics, Inc. Employee Stock Ownership PlanDigital Dynamics, Inc. Emplo…$52MViking Drill & Tool, Inc. Employee Stock Ownership PlanViking Drill & Tool, Inc. Em…$52M
End-of-year total assets ($M) among United Bank Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Georgia filing particulars

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$52M
Net Income-$5M
Employer EIN581447401
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Bank Corporation)

Sponsor-wide plan assets over time

All United Bank Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$153M 83.68356608675538% vs 2022
2024 filing year
$50M$100M$150M$200M 202220232024 $83.6M $153M ▲ +83.7%
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 Scatter plot of 6 data points. 0500100015002000 0200400600800 Total assets ($M) Participants United Bank Corporation Employee Stock Ownership Plan, Total assets ($M): 52.117338 · Participants: 344United Bank Corporation Employee Stock Ownership PlanWarehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan, Total assets ($M): 688.646729 · Participants: 1759Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership PlanChoate Construction Company Employee Stock Ownership Plan, Total assets ($M): 315.657741 · Participants: 424Choate Construction Company Employee Stock Ownership PlanBrent Scarbrough & Company Employee Stock Ownership Plan, Total assets ($M): 252.895792 · Participants: 427Brent Scarbrough & Company Employee Stock Ownership PlanAubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 189.698153 · Participants: 397Aubrey Silvey Enterprises, Inc. Employee Stock Ownership PlanDixie Plywood and Lumber Company Employee Stock Ownership Plan, Total assets ($M): 137.399647 · Participants: 314Dixie Plywood and Lumber Company Employee Stock Ownership Plan
United Bank Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
Compare United Bank Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

United Bank Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Georgia, the nearest ESOP by assets is Northfield Bank Employee Stock Ownership Plan in NJ ($52M); by covered participants it is Liberty Pumps Employee Stock Ownership Plan in NY (344 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (344 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did United Bank Corporation Employee Stock Ownership Plan assets move in 2022? ▼
United Bank Corporation Employee Stock Ownership Plan pulled back noticeably - down 8.6% during 2022, from $57M to $52M. Reported net income was -$5M.
How have United Bank Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), United Bank Corporation's sponsor-wide assets grew 83.7%, from $84M to $153M.
Where does United Bank Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
United Bank Corporation Employee Stock Ownership Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to United Bank Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Northfield Bank Employee Stock Ownership Plan in NJ ($52M, 296 participants).
Which ESOP plans cover a similar participant headcount to United Bank Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Liberty Pumps Employee Stock Ownership Plan in NY (344 participants, $49M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 581447401.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.