401(k) · DOL Form 5500 · 2024

United Bancshares, Inc. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
161
Participants Small participant base
72nd
Percentile by assets National rank
$136,781
Avg per participant Near 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

$22M in assets, 161 participants

United Bancshares, Inc.'s United Bancshares, Inc. Restated Employee Stock Ownership Plan reported $22M in total assets and 161 participants in its 2024 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.

  • #4,928 in Finance & Insurance (8,549 peers)

Coverage in Ohio

United Bancshares, Inc. Restated Employee Stock Ownership Plan covers 161 participants in Ohio, about 21% of the average Ohio filer (state average ~765 per filing). Assets: $22M.

#4,928
in Finance & Insurance (8,549 peers)
+11.6%
assets growth YoY

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 2024 · DOL Form 5500

$22,021,678 Top 28% higher than 72% of 123,620 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 2024

United Bancshares, Inc. Restated Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 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 (161 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • United Bancshares, Inc. Restated Employee Stock Ownership Plan reported net income rose from -$477K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • United Bancshares, Inc. Restated Employee Stock Ownership Plan reported participants fell from 202 in the plan year 2023 filing to 161 in the plan year 2024 filing.
  • United Bancshares, Inc. Restated Employee Stock Ownership Plan end-of-year assets rose from $20M in the plan year 2023 filing to $22M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 341516518 · United Bancshares, Inc. PY 2024 · 401(k)

United Bancshares, Inc. Restated Employee Stock Ownership Plan · $22M · 161 · 72nd

  • PHOTO $22M
  • PHOTO 161
  • PHOTO 72nd
  • PHOTO 401(k)
  • PHOTO near Tax Deferred Annuity Plan of United Cerebral Palsy of Queens Dba Queens Centers for Progress
  • PHOTO ind #4928

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

Eset LLC 401(k) Profit Sharing Plan and TrustEset LLC 401(k) Profit Shari…$22MCapital Advisors Inc 401(k) Plan Employee Stock Ownership PlanCapital Advisors Inc 401(k) …$22MUnited Bancshares, Inc. Restated Employee Stock Ownership PlanUnited Bancshares, Inc. Rest…$22MTax Deferred Annuity Plan of United Cerebral Palsy of Queens Dba Queens Centers for ProgressTax Deferred Annuity Plan of…$22MKmh LLP 401(k) Profit Sharing PlanKmh LLP 401(k) Profit Sharin…$22M
End-of-year total assets ($M) among United Bancshares, Inc. Restated Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$22M
Net Income$2M
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 -505101520 Total assets ($B) Participants United Bancshares, Inc. Restated Employee Stock Ownership Plan, Total assets ($B): 0.022021678 · Participants: 161United Bancshares, Inc. Restated Employee Stock Ownership PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement 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 Tax Deferred Annuity Plan of United Cerebral Palsy of Queens Dba Queens Centers for Progress in NY ($22M); by covered participants it is Shallenberger Construction, Inc. 401(k) Davis Bacon Plan in PA (161 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (161 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
United Bancshares, Inc. Restated Employee Stock Ownership Plan grew at a solid clip - up 11.6% during 2024, from $20M to $22M. Reported net income was $2M.
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 Tax Deferred Annuity Plan of United Cerebral Palsy of Queens Dba Queens Centers for Progress in NY ($22M, 165 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 Shallenberger Construction, Inc. 401(k) Davis Bacon Plan in PA (161 participants, $12M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.