ESOP · DOL Form 5500 · 2024

United Bank Corporation ESOP

Data updated 2026-08-25

$107M
Total assets Near avg plan size
354
Participants Below avg headcount
91st
Percentile by assets National rank
$301,394
Avg per participant High balance/head
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Official DOL plan name: United Bank Corporation Employee Stock Ownership Plan · Sponsored by United Bank Corporation · Georgia · Finance & Insurance

$107M in assets, 354 participants

United Bank Corporation's United Bank Corporation Employee Stock Ownership Plan reported $107M in total assets and 354 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • #7,326 in Finance & Insurance (8,549 peers)

Coverage in Georgia

United Bank Corporation Employee Stock Ownership Plan covers 354 participants in Georgia, about 32% of the average Georgia filer (state average ~1,096 per filing). Assets: $107M.

#7,326
in Finance & Insurance (8,549 peers)
+87.4%
assets growth YoY
1.1×
vs typical plan assets (national mean)

United Bank Corporation Employee Stock Ownership Plan's outsized position by total assets

United Bank Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$106,693,603 Top 9% higher than 91% 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 Corporation 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 Bank Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (354 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • United Bank Corporation Employee Stock Ownership Plan reported net income rose from $5M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • United Bank Corporation Employee Stock Ownership Plan end-of-year assets rose from $57M in the plan year 2023 filing to $107M in the plan year 2024 filing.
  • United Bank Corporation Employee Stock Ownership Plan reported participants rose from 336 in the plan year 2023 filing to 354 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 581447401 · United Bank Corporation PY 2024 · ESOP

United Bank Corporation Employee Stock Ownership Plan · $107M · 354 · 91st

  • ASSETS $107M
  • PCT 354
  • EIN 91st
  • RANK ESOP
  • PHOTO near Tri Holdco, Inc. Employee Stock Ownership Plan
  • IND ind #7326

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 What is an ESOP? → · Plans in Georgia →

United Bank Corporation Employee Stock Ownership Plan in the asset neighbourhood

Greenbee Employee Stock Ownership PlanGreenbee Employee Stock Owne…$107MTri Holdco, Inc. Employee Stock Ownership PlanTri Holdco, Inc. Employee St…$107MUnited Bank Corporation Employee Stock Ownership PlanUnited Bank Corporation Empl…$107MTwin Mro Employee Stock Ownership PlanTwin Mro Employee Stock Owne…$106MDenbow Company ESOP$106M
End-of-year total assets ($M) among United Bank Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$82M
Net Income$25M
Employer EIN581447401
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Bank Corporation)

Sponsor-wide plan assets over time

All United Bank Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$153M 83.68356608675538% vs 2022
2024 filing year
$50M$100M$150M$200M 202220232024 $83.6M $153M ▲ +83.7%
Year Plans Participants Total Assets
2022 2 741 $84M
2023 2 721 $96M
2024 2 755 $153M

Nearby ESOP Plans in Georgia

Peer ESOP plans, same state, same plan type, ranked by total assets.

United Bank Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants Scatter plot of 6 data points. 0500100015002000 0200400600800 Total assets ($M) Participants United Bank Corporation Employee Stock Ownership Plan, Total assets ($M): 106.693603 · Participants: 354United Bank Corporation Employee Stock Ownership PlanWarehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan, Total assets ($M): 681.121519 · Participants: 1745Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership PlanChoate Construction Company Employee Stock Ownership Plan, Total assets ($M): 548.082498 · Participants: 494Choate Construction Company Employee Stock Ownership PlanBrent Scarbrough & Company Employee Stock Ownership Plan, Total assets ($M): 522.430924 · Participants: 485Brent Scarbrough & Company Employee Stock Ownership PlanAubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 281.399754 · Participants: 488Aubrey Silvey Enterprises, Inc. Employee Stock Ownership PlanDixie Plywood and Lumber Company Employee Stock Ownership Plan, Total assets ($M): 230.799825 · Participants: 324Dixie Plywood and Lumber Company Employee Stock Ownership Plan
United Bank Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
Compare United Bank Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

United Bank Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Georgia, the nearest ESOP by assets is Tri Holdco, Inc. Employee Stock Ownership Plan in CA ($107M); by covered participants it is Summit Companies Holdings, Inc. Employee Stock Ownership Plan in FL (354 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($107M here).

Similar participant headcount

Nearest other-state filings by covered participants (354 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 Corporation Employee Stock Ownership Plan assets move in 2024? ▼
United Bank Corporation Employee Stock Ownership Plan surged - up 87.4% during 2024, from $57M to $107M. Reported net income was $25M.
How have United Bank Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), United Bank Corporation's sponsor-wide assets grew 83.7%, from $84M to $153M.
Where does United Bank Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
United Bank Corporation Employee Stock Ownership Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to United Bank Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Tri Holdco, Inc. Employee Stock Ownership Plan in CA ($107M, 322 participants).
Which ESOP plans cover a similar participant headcount to United Bank Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Summit Companies Holdings, Inc. Employee Stock Ownership Plan in FL (354 participants, $754M 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 581447401.

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.