401(k) · DOL Form 5500 · 2023

United Bancshares, Inc. 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
202
Participants Below avg headcount
72nd
Percentile by assets National rank
$97,729
Avg per participant Below avg balance/head
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Official DOL plan name: United Bancshares, Inc. Restated Employee Stock Ownership Plan · Sponsored by United Bancshares, Inc. · Ohio · Finance & Insurance

$20M in assets, 202 participants

United Bancshares, Inc.'s United Bancshares, Inc. Restated Employee Stock Ownership Plan reported $20M in total assets and 202 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #5,221 in Finance & Insurance (8,869 peers)

Coverage in Ohio

United Bancshares, Inc. Restated Employee Stock Ownership Plan covers 202 participants in Ohio, about 26% of the average Ohio filer (state average ~765 per filing). Assets: $20M.

#5,221
in Finance & Insurance (8,869 peers)
-2.4%
assets change YoY

The plan reported a net loss of $477K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

United Bancshares, Inc. Restated Employee Stock Ownership Plan's outsized position by total assets

United Bancshares, Inc. Restated Employee Stock Ownership Plan vs every filed plan by assets

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

$19,741,291 Top 28% higher than 72% 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

United Bancshares, Inc. Restated Employee Stock Ownership 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. United Bancshares, Inc. Restated Employee Stock Ownership Plan sits mid-pack in the medium band (202 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • United Bancshares, Inc. Restated Employee Stock Ownership Plan reported net income rose from -$7M in the plan year 2022 filing to -$477K in the plan year 2023 filing.
  • United Bancshares, Inc. Restated Employee Stock Ownership Plan reported participants fell from 213 in the plan year 2022 filing to 202 in the plan year 2023 filing.
  • United Bancshares, Inc. Restated Employee Stock Ownership Plan end-of-year assets fell from $20M in the plan year 2022 filing to $20M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 341516518 · United Bancshares, Inc. PY 2023 · 401(k)

United Bancshares, Inc. Restated Employee Stock Ownership Plan · $20M · 202 · 72nd

  • PHOTO $20M
  • IND 202
  • EOY 72nd
  • 5500 401(k)
  • ASSETS near Nbp Workplace Savings Plan - Represented Employees
  • PCT ind #5221

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 Ohio →

United Bancshares, Inc. Restated Employee Stock Ownership Plan in the asset neighbourhood

Applied Computing Technologies, Inc. 401(k) Profit Sharing Plan & TrustApplied Computing Technologi…$20MUnited Bancshares, Inc. Restated Employee Stock Ownership PlanUnited Bancshares, Inc. Rest…$20MNbp Workplace Savings Plan - Represented EmployeesNbp Workplace Savings Plan -…$20MSemler Brossy Consulting Group, LLC 401(k) Profit Sharing PlanSemler Brossy Consulting Gro…$20MNewman Signs, Inc. Retirement 401(k) PlanNewman Signs, Inc. Retiremen…$20M
End-of-year total assets ($M) among United Bancshares, Inc. Restated Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$20M
Net Income-$477K
Employer EIN341516518
Plan Effective Date2004-03-31
Filing StatusFILING RECEIVED

Sponsor Plan History (United Bancshares, Inc.)

Sponsor-wide plan assets over time

All United Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 8.917351531663378% vs 2022
2024 filing year
$19M$20M$21M$22M$23M 202220232024 $20.2M $22M ▲ +8.9%
Year Plans Participants Total Assets
2022 1 213 $20M
2023 1 202 $20M
2024 1 161 $22M

Nearby 401(k) Plans in Ohio

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

United Bancshares, Inc. Restated Employee Stock Ownership Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants United Bancshares, Inc. Restated Employee Stock Ownership Plan, Total assets ($B): 0.019741291 · Participants: 202United Bancshares, Inc. Restated Employee Stock Ownership PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
United Bancshares, Inc. Restated Employee Stock Ownership Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare United Bancshares, Inc. Restated Employee Stock Ownership Plan side-by-side with 3 peers →

United Bancshares, Inc. Restated Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Nbp Workplace Savings Plan - Represented Employees in MO ($20M); by covered participants it is Advantage Engineers, LLC 401(k) Plan in MD (202 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (202 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 United Bancshares, Inc. Restated Employee Stock Ownership Plan assets move in 2023? ▼
United Bancshares, Inc. Restated Employee Stock Ownership Plan edged down modestly - down 2.4% during 2023, from $20M to $20M. Reported net income was -$477K.
How have United Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), United Bancshares, Inc.'s sponsor-wide assets grew 8.9%, from $20M to $22M.
Which 401(k) plans are similar in size to United Bancshares, Inc. Restated Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nbp Workplace Savings Plan - Represented Employees in MO ($20M, 801 participants).
Which 401(k) plans cover a similar participant headcount to United Bancshares, Inc. Restated Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Advantage Engineers, LLC 401(k) Plan in MD (202 participants, $9M 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 341516518.

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.