401(k) · DOL Form 5500 · 2024

First United Corporation 401(k) Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size
337
Participants Below avg headcount
82nd
Percentile by assets National rank
$128,420
Avg per participant Near avg balance/head
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Official DOL plan name: First United Corporation 401(k) Profit Sharing Plan · Sponsored by First United Corporation · Maryland · Finance & Insurance

$43M in assets, 337 participants

First United Corporation's First United Corporation 401(k) Profit Sharing Plan reported $43M in total assets and 337 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #6,225 in Finance & Insurance (8,549 peers)

Coverage in Maryland

First United Corporation 401(k) Profit Sharing Plan covers 337 participants in Maryland, about 36% of the average Maryland filer (state average ~929 per filing). Assets: $43M.

#6,225
in Finance & Insurance (8,549 peers)
+13.2%
assets growth YoY
0.4×
vs typical plan assets (national mean)

First United Corporation 401(k) Profit Sharing Plan's outsized position by total assets

First United Corporation 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$43,277,610 Top 18% higher than 82% 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

First United Corporation 401(k) Profit Sharing 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. First United Corporation 401(k) Profit Sharing Plan sits mid-pack in the medium band (337 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First United Corporation 401(k) Profit Sharing Plan reported net income rose from $3M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • First United Corporation 401(k) Profit Sharing Plan end-of-year assets rose from $38M in the plan year 2023 filing to $43M in the plan year 2024 filing.
  • First United Corporation 401(k) Profit Sharing Plan reported participants rose from 329 in the plan year 2023 filing to 337 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 521380770 · First United Corporation PY 2024 · 401(k)

First United Corporation 401(k) Profit Sharing Plan · $43M · 337 · 82nd

  • EIN $43M
  • EIN 337
  • EIN 82nd
  • EIN 401(k)
  • EIN near Oneida Nation Enterprise 401(k) Plan
  • EIN ind #6225

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 Maryland →

First United Corporation 401(k) Profit Sharing Plan in the asset neighbourhood

First United Corporation 401(k) Profit Sharing PlanFirst United Corporation 401…$43MOneida Nation Enterprise 401(k) PlanOneida Nation Enterprise 401…$43MMissouri Delta Medical Center Pension PlanMissouri Delta Medical Cente…$43MNgm Biopharmaceuticals 401(k) PlanNgm Biopharmaceuticals 401(k…$43MThe Select Group, LLC 401(k) Profit Sharing Plan and TrustThe Select Group, LLC 401(k)…$43M
End-of-year total assets ($M) among First United Corporation 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$43M
Net Income$5M
Employer EIN521380770
Plan Effective Date1972-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First United Corporation)

Sponsor-wide plan assets over time

All First United Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$99M 19.30726975390489% vs 2022
2024 filing year
$80M$85M$90M$95M$100M$105M 202220232024 $82.9M $98.9M ▲ +19.3%
Year Plans Participants Total Assets
2022 2 417 $83M
2023 2 436 $90M
2024 2 441 $99M

Nearby 401(k) Plans in Maryland

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

First United Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants First United Corporation 401(k) Profit Sharing Plan, Total assets ($B): 0.04327761 · Participants: 337First United Corporation 401(k) Profit Sharing PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
First United Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare First United Corporation 401(k) Profit Sharing Plan side-by-side with 3 peers →

First United Corporation 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Oneida Nation Enterprise 401(k) Plan in WI ($43M); by covered participants it is R.N. Industries Trucking, Inc. Profit Sharing Plan in UT (337 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (337 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 First United Corporation 401(k) Profit Sharing Plan assets move in 2024? ▼
First United Corporation 401(k) Profit Sharing Plan grew at a solid clip - up 13.2% during 2024, from $38M to $43M. Reported net income was $5M.
How have First United Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First United Corporation's sponsor-wide assets grew 19.3%, from $83M to $99M.
Where does First United Corporation 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
First United Corporation 401(k) Profit Sharing Plan ranks in the 82nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to First United Corporation 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Oneida Nation Enterprise 401(k) Plan in WI ($43M, 775 participants).
Which 401(k) plans cover a similar participant headcount to First United Corporation 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is R.N. Industries Trucking, Inc. Profit Sharing Plan in UT (337 participants, $4M 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 521380770.

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.