Profit Sharing · DOL Form 5500 · 2023

The Union Bank Profit Sharing Plan

Data updated 2026-08-25

$252K
Total assets Small plan by assets
42
Participants Small participant base
12th
Percentile by assets National rank
$6,000
Avg per participant Low balance/head
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Official DOL plan name: The Union Bank Profit Sharing Plan · Sponsored by The Union Bank · North Dakota · Finance & Insurance

$252K in assets, 42 participants

The Union Bank's The Union Bank Profit Sharing Plan reported $252K in total assets and 42 participants in its 2023 DOL Form 5500 filing, ranking in the 12th 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.

  • #640 in Finance & Insurance (8,869 peers)

The Union Bank multi-year trail

The Union Bank's plans moved -13.7% in assets from 2022 to 2024; this filing shows The Union Bank Profit Sharing Plan at $252K / 42 participants.

#640
in Finance & Insurance (8,869 peers)
-1.2%
assets change YoY

The plan reported a net loss of $3K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Union Bank Profit Sharing Plan among the smaller filed plans by assets

The Union Bank Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$252,014 12th percentile higher than 12% of 127,068 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 2023

The Union Bank Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Union Bank Profit Sharing Plan is a small filing (42 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Union Bank Profit Sharing Plan reported net income rose from -$21K in the plan year 2022 filing to -$3K in the plan year 2023 filing.
  • The Union Bank Profit Sharing Plan end-of-year assets fell from $255K in the plan year 2022 filing to $252K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 450204870 · The Union Bank PY 2023 · Profit Sharing

The Union Bank Profit Sharing Plan · $252K · 42 · 12th

  • ASSETS $252K
  • PCT 42
  • EIN 12th
  • RANK Profit Sharing
  • PHOTO near R. Figueroa Hernandez Retirement Plan
  • IND ind #640

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 North Dakota →

The Union Bank Profit Sharing Plan in the asset neighbourhood

The Union Bank Profit Sharing PlanThe Union Bank Profit Sharin…$252KR. Figueroa Hernandez Retirement PlanR. Figueroa Hernandez Retire…$252KAsh & Leila Inc. Retirement PlanAsh & Leila Inc. Retirement …$252KEdward G. Kaliman Md Ltd Profit Sharing PlanEdward G. Kaliman Md Ltd Pro…$252KServicios De Hematologia Y Oncologia Del Este, C.S.P. Retirement PlanServicios De Hematologia Y O…$252K
End-of-year total assets ($M) among The Union Bank Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

The Union Bank multi-year asset trail

Sponsor-wide plan assets over time

All The Union Bank plans reported in each filing year

Latest sponsor-wide plan assets
$220K 13.667721680334779% vs 2022
2024 filing year
$0.21M$0.22M$0.23M$0.24M$0.25M$0.26M 202220232024 $0.25M $0.22M ▼ -12.0%
Year Plans Participants Total Assets
2022 1 42 $255K
2023 1 42 $252K
2024 1 42 $220K

The Union Bank filing trail (2023)

Total Assets (Beginning of Year)$255K
Net Assets (End of Year)$252K
Net Income-$3K
Employer EIN450204870
Plan Effective Date1991-09-18
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in North Dakota

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

The Union Bank Profit Sharing Plan vs. nearby Profit Sharing plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -20002004006008001000 -20020406080 Total assets ($M) Participants The Union Bank Profit Sharing Plan, Total assets ($M): 0.252014 · Participants: 42The Union Bank Profit Sharing PlanPlumbers & Steamfitters Local No. 300 Pension Plan, Total assets ($M): 67.088907 · Participants: 881Plumbers & Steamfitters Local No. 300 Pension PlanOtter Tail Corporation Employee Stock Ownership Plan, Total assets ($M): 56.825177 · Participants: 748Otter Tail Corporation Employee Stock Ownership PlanBismarck Mandan Carpenters Local 1091 Tax Deferral, Total assets ($M): 17.741069 · Participants: 927Bismarck Mandan Carpenters Local 1091 Tax DeferralRed River Human Services Foundation Profit Sharing Plan, Total assets ($M): 12.969689 · Participants: 257Red River Human Services Foundation Profit Sharing PlanAsbestos Workers Local 133 Retirement Plan, Total assets ($M): 5.73197 · Participants: 31Asbestos Workers Local 133 Retirement Plan
The Union Bank Profit Sharing Plan vs. nearby Profit Sharing plans in North Dakota, assets vs. participants
Compare The Union Bank Profit Sharing Plan side-by-side with 3 peers →

The Union Bank Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside North Dakota, the nearest Profit Sharing by assets is R. Figueroa Hernandez Retirement Plan in PR ($252K); by covered participants it is Roosevelt & Cross, Inc. Profit-Sharing Plan in NY (42 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (42 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Union Bank Profit Sharing Plan assets move in 2023? ▼
The Union Bank Profit Sharing Plan edged down modestly - down 1.2% during 2023, from $255K to $252K. Reported net income was -$3K.
How have The Union Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Union Bank's sponsor-wide assets declined 13.7%, from $255K to $220K.
Where does The Union Bank Profit Sharing Plan rank by assets among Form 5500 filers? ▼
The Union Bank Profit Sharing Plan ranks in the 12th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to The Union Bank Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is R. Figueroa Hernandez Retirement Plan in PR ($252K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to The Union Bank Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Roosevelt & Cross, Inc. Profit-Sharing Plan in NY (42 participants, $16M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 450204870.

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.