401(k) · DOL Form 5500 · 2022

University Bancorp, Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
501
Participants Below avg headcount
81st
Percentile by assets National rank
$50,499
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan · Sponsored by University Bancorp, Inc. · Michigan · Finance & Insurance

$25M in assets, 501 participants

University Bancorp, Inc.'s University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan reported $25M in total assets and 501 participants in its 2022 DOL Form 5500 filing, ranking in the 81st 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.

  • #6,379 in Finance & Insurance (9,261 peers)

Where University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan sits by assets

University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan sits in the top quartile of all filed plans by assets, $25M for 501 participants (~$50,499/participant), down 7.4% in 2022.

#6,379
in Finance & Insurance (9,261 peers)
-7.4%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan's outsized position by total assets

University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan vs every filed plan by assets

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

$25,299,844 Top 19% higher than 81% 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

University Bancorp, Inc. Employee Stock Ownership and Retirement Savings 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. University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan sits mid-pack in the medium band (501 participants).

Plan-year Form 5500 strip

Filing strip 382929531 · University Bancorp, Inc. PY 2022 · 401(k)

University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan · $25M · 501 · 81st

  • BOOK $25M
  • VS-ST 501
  • BOY 81st
  • SCH 401(k)
  • EBSA near Smith Brothers Insurance, LLC 401(k) Retirement Plan
  • PART ind #6379

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 Finance & Insurance retirement plans → · Plans in Michigan →

University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan in the asset neighbourhood

Loring, Wolcott & Coolidge Retirement Savings PlanLoring, Wolcott & Coolidge R…$25MUniversity Bancorp, Inc. Employee Stock Ownership and Retirement Savings PlanUniversity Bancorp, Inc. Emp…$25MSmith Brothers Insurance, LLC 401(k) Retirement PlanSmith Brothers Insurance, LL…$25MAnteriad, LLC 401(k) Profit Sharing PlanAnteriad, LLC 401(k) Profit …$25MHealthdrive Corporation 401(k) Profit Sharing Plan & TrustHealthdrive Corporation 401(…$25M
End-of-year total assets ($M) among University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$25M
Net Income-$2M
Employer EIN382929531
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (University Bancorp, Inc.)

Sponsor-wide plan assets over time

All University Bancorp, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$36M 41.953717184975524% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $25.3M $35.9M ▲ +41.9%
Year Plans Participants Total Assets
2022 1 501 $25M
2023 1 486 $30M
2024 1 456 $36M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan, Total assets ($B): 0.025299844 · Participants: 501University Bancorp, Inc. Employee Stock Ownership and Retirement Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan side-by-side with 3 peers →

University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Smith Brothers Insurance, LLC 401(k) Retirement Plan in CT ($25M); by covered participants it is Freddy's Frozen Custard 401(k) Plan in KS (501 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (501 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 University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan assets move in 2022? ▼
University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan pulled back noticeably - down 7.4% during 2022, from $27M to $25M. Reported net income was -$2M.
How have University Bancorp, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), University Bancorp, Inc.'s sponsor-wide assets grew 42.0%, from $25M to $36M.
Where does University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan rank by assets among Form 5500 filers? ▼
University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan ranks in the 81st 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 401(k) plans are similar in size to University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Smith Brothers Insurance, LLC 401(k) Retirement Plan in CT ($25M, 191 participants).
Which 401(k) plans cover a similar participant headcount to University Bancorp, Inc. Employee Stock Ownership and Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Freddy's Frozen Custard 401(k) Plan in KS (501 participants, $7M 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 382929531.

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.