401(k) · DOL Form 5500 · 2024

United Bank for Africa PLC. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
57
Participants Small participant base
40th
Percentile by assets National rank
$77,973
Avg per participant Below avg balance/head
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Official DOL plan name: United Bank for Africa PLC America 401(k) Plan · Sponsored by United Bank for Africa PLC. · New York · Finance & Insurance

$4M in assets, 57 participants

United Bank for Africa PLC.'s United Bank for Africa PLC America 401(k) Plan reported $4M in total assets and 57 participants in its 2024 DOL Form 5500 filing, ranking in the 40th 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.

  • #2,282 in Finance & Insurance (8,549 peers)

2024 asset change

United Bank for Africa PLC America 401(k) Plan grew sharply 17.9% in 2024 ($4M → $4M) for 57 participants.

#2,282
in Finance & Insurance (8,549 peers)
+17.9%
assets growth YoY

United Bank for Africa PLC America 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

United Bank for Africa PLC America 401(k) Plan vs every filed plan by assets

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

$4,444,475 40th percentile higher than 40% 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 Bank for Africa PLC America 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. United Bank for Africa PLC America 401(k) Plan is a small filing (57 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • United Bank for Africa PLC America 401(k) Plan reported net income rose from -$417K in the plan year 2023 filing to $676K in the plan year 2024 filing.
  • United Bank for Africa PLC America 401(k) Plan reported participants rose from 35 in the plan year 2023 filing to 57 in the plan year 2024 filing.
  • United Bank for Africa PLC America 401(k) Plan end-of-year assets rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 133118229 · United Bank for Africa PLC. PY 2024 · 401(k)

United Bank for Africa PLC America 401(k) Plan · $4M · 57 · 40th

  • VS-ST $4M
  • BOY 57
  • SCH 40th
  • EBSA 401(k)
  • PART near Komet USA, LLC 401(k) Plan
  • TYPE ind #2282

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 New York →

United Bank for Africa PLC America 401(k) Plan in the asset neighbourhood

United Bank for Africa PLC America 401(k) PlanUnited Bank for Africa PLC A…$4MKomet USA, LLC 401(k) Plan$4MBear Mountain 401(k) Plan$4M403(b) Thrift Plan for Employees of the Josselyn Center, Nfp403(b) Thrift Plan for Emplo…$4MD-Matrix Corporation 401(k) PlanD-Matrix Corporation 401(k) …$4M
End-of-year total assets ($M) among United Bank for Africa PLC America 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

United Bank for Africa PLC. years around the 2024 move

Sponsor-wide plan assets over time

All United Bank for Africa PLC. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 6.1870268803177435% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M 202220232024 $4.19M $4.44M ▲ +6.0%
Year Plans Participants Total Assets
2022 1 31 $4M
2023 1 35 $4M
2024 1 57 $4M

2024 asset-move particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$676K
Employer EIN133118229
Plan Effective Date1989-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New York

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

United Bank for Africa PLC America 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants United Bank for Africa PLC America 401(k) Plan, Total assets ($B): 0.004444475 · Participants: 57United Bank for Africa PLC America 401(k) PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
United Bank for Africa PLC America 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

United Bank for Africa PLC America 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Komet USA, LLC 401(k) Plan in SC ($4M); by covered participants it is Certified 401(k) Plan in FL (57 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (57 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 Bank for Africa PLC America 401(k) Plan assets move in 2024?
United Bank for Africa PLC America 401(k) Plan grew sharply - up 17.9% during 2024, from $4M to $4M. Reported net income was $676K.
How have United Bank for Africa PLC. plan assets changed over time?
Across 3 plan years on file (2022-2024), United Bank for Africa PLC.'s sponsor-wide assets grew 6.2%, from $4M to $4M.
Which 401(k) plans are similar in size to United Bank for Africa PLC America 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Komet USA, LLC 401(k) Plan in SC ($4M, 87 participants).
Which 401(k) plans cover a similar participant headcount to United Bank for Africa PLC America 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Certified 401(k) Plan in FL (57 participants, $702K in assets).