401(k) · DOL Form 5500 · 2023

Union Bank 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
196
Participants Below avg headcount
79th
Percentile by assets National rank
$148,504
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Union Bank 401(k) Plan · Sponsored by Union Bank · Vermont · Finance & Insurance

$29M in assets, 196 participants

Union Bank's Union Bank 401(k) Plan reported $29M in total assets and 196 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #5,986 in Finance & Insurance (8,869 peers)

Where Union Bank 401(k) Plan sits by assets

Union Bank 401(k) Plan sits in the top quartile of all filed plans by assets, $29M for 196 participants (~$148,504/participant), up 17.5% in 2023.

#5,986
in Finance & Insurance (8,869 peers)
+17.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Union Bank 401(k) Plan's outsized position by total assets

Union Bank 401(k) Plan vs every filed plan by assets

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

$29,106,798 Top 21% higher than 79% 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

Union Bank 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Union Bank 401(k) Plan sits mid-pack in the medium band (196 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Union Bank 401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Union Bank 401(k) Plan end-of-year assets rose from $25M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • Union Bank 401(k) Plan reported participants fell from 201 in the plan year 2022 filing to 196 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 030286322 · Union Bank PY 2023 · 401(k)

Union Bank 401(k) Plan · $29M · 196 · 79th

  • RANK $29M
  • PHOTO 196
  • IND 79th
  • EOY 401(k)
  • 5500 near Nic Global 401(k) Plan
  • ASSETS ind #5986

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 Vermont →

Union Bank 401(k) Plan in the asset neighbourhood

Union Bank 401(k) Plan$29MTampa Bay Banking Company 401(k) PlanTampa Bay Banking Company 40…$29MAmerican Federation of Teachers Opeiu Local 2 Retirement Plan and TrustAmerican Federation of Teach…$29MUhl Company, Inc. Profit Sharing PlanUhl Company, Inc. Profit Sha…$29MNic Global 401(k) Plan$29M
End-of-year total assets ($M) among Union Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$29M
Net Income$4M
Employer EIN030286322
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Union Bank)

Sponsor-wide plan assets over time

All Union Bank plans reported in each filing year

Latest sponsor-wide plan assets
$32M 29.437923128113674% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24.8M $32.1M ▲ +29.4%
Year Plans Participants Total Assets
2022 1 201 $25M
2023 1 196 $29M
2024 1 197 $32M

Nearby 401(k) Plans in Vermont

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

Union Bank 401(k) Plan vs. nearby 401(k) plans in Vermont, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Union Bank 401(k) Plan, Total assets ($B): 0.029106798 · Participants: 196Union Bank 401(k) PlanThe University of Vermont Medical Center 403(b) Plan, Total assets ($B): 1.965024862 · Participants: 11162The University of Vermont Medical Center 403(b) PlanNational Life Group 401(k) Plan, Total assets ($B): 0.297587487 · Participants: 1219National Life Group 401(k) PlanGreen Mountain Power Corporation Employee Savings and Investment Plan and Trust, Total assets ($B): 0.220116247 · Participants: 519Green Mountain Power Corporation Employee Savings and Investment Plan and TrustHusky Retirement Savings, Total assets ($B): 0.153493813 · Participants: 551Husky Retirement SavingsIncentive Retirement Plan for Employees of PC Construction Company, Total assets ($B): 0.135534492 · Participants: 442Incentive Retirement Plan for Employees of PC Construction Company
Union Bank 401(k) Plan vs. nearby 401(k) plans in Vermont, assets vs. participants
Compare Union Bank 401(k) Plan side-by-side with 3 peers →

Union Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Vermont, the nearest 401(k) by assets is Nic Global 401(k) Plan in MN ($29M); by covered participants it is Logicworks 401(k) Plan in NY (196 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (196 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 Union Bank 401(k) Plan assets move in 2023? ▼
Union Bank 401(k) Plan grew sharply - up 17.5% during 2023, from $25M to $29M. Reported net income was $4M.
How have Union Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Union Bank's sponsor-wide assets grew 29.4%, from $25M to $32M.
Where does Union Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Union Bank 401(k) Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Union Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nic Global 401(k) Plan in MN ($29M, 483 participants).
Which 401(k) plans cover a similar participant headcount to Union Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Logicworks 401(k) Plan in NY (196 participants, N/A 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 030286322.

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.