401(k) · DOL Form 5500 · 2024
United Bank of Michigan 401(k) Plan
Data updated 2026-08-25
- $23M
- Total assets Small plan by assets
- 162
- Participants Small participant base
- 73rd
- Percentile by assets National rank
- $140,381
- Avg per participant Near avg balance/head
Official DOL plan name: United Bank of Michigan Savings Plan · Sponsored by United Bank of Michigan · Michigan · Finance & Insurance
$23M in assets, 162 participants
United Bank of Michigan's United Bank of Michigan Savings Plan reported $23M in total assets and 162 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.
- #4,991 in Finance & Insurance (8,549 peers)
Coverage in Michigan
United Bank of Michigan Savings Plan covers 162 participants in Michigan, about 25% of the average Michigan filer (state average ~638 per filing). Assets: $23M.
- #4,991
- in Finance & Insurance (8,549 peers)
- +14.6%
- assets growth YoY
United Bank of Michigan Savings Plan's outsized position by total assets
United Bank of Michigan Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$22,741,763 Top 27% higher than 73% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
United Bank of Michigan Savings 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 Bank of Michigan Savings Plan sits mid-pack in the medium band (162 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- United Bank of Michigan Savings Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- United Bank of Michigan Savings Plan end-of-year assets rose from $20M in the plan year 2023 filing to $23M in the plan year 2024 filing.
- United Bank of Michigan Savings Plan reported participants fell from 170 in the plan year 2023 filing to 162 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 381151910 · United Bank of Michigan PY 2024 · 401(k)
United Bank of Michigan Savings Plan · $23M · 162 · 73rd
- BOY $23M
- SCH 162
- EBSA 73rd
- PART 401(k)
- TYPE near Resources Legacy Fund 401(k) Plan
- NET ind #4991
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 Michigan →
United Bank of Michigan Savings Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $20M |
|---|---|
| Net Assets (End of Year) | $23M |
| Net Income | $3M |
| Employer EIN | 381151910 |
| Plan Effective Date | 1985-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (United Bank of Michigan)
Sponsor-wide plan assets over time
All United Bank of Michigan plans reported in each filing year
- Latest sponsor-wide plan assets
- $23M 41.39623365551435% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 162 | $16M |
| 2023 | 1 | 170 | $20M |
| 2024 | 1 | 162 | $23M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
United Bank of Michigan Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Resources Legacy Fund 401(k) Plan in CA ($23M); by covered participants it is Central Ohio Urology Group, Inc. 401(k) Profit Sharing Plan in OH (162 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($23M here).
- Resources Legacy Fund 401(k) Plan (CA) $23M · 126
- Eminent Inc. 401(k) Plan (CA) $23M · 1,468
- Appalachian Orthopaedic Associates P.C. 401(k) Profit Sharing Plan (TN) $23M · 134
- American Pharmacists Association 401(k) Plan (DC) $23M · 115
Similar participant headcount
Nearest other-state filings by covered participants (162 participants); asset peers above are excluded.
- Central Ohio Urology Group, Inc. 401(k) Profit Sharing Plan (OH) 162 · 0 off
- Sirote & Permutt, P. C. Profit Sharing 401(k) Plan (AL) 162 · 0 off
- Ollion 401(k) Plan (WA) 162 · 0 off
- Q Labs LLC 401(k) Profit Sharing Plan (OH) 162 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.