401k Record

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Union Bank & Trust 401(k)

Recordkeeping fees per participant · Union Bank & Trust Company Profit Sharing Plan · plan year 2024

$5.93

Higher than 6% of the 1,697 plans $250M to 1B that report it.

Source

= $9,505 / 1,602
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250710135554NAL0009234944001, received 2025-07-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250710135554NAL0009234944001, received 2025-07-10

10th: $11.56median $49.9890th: $89.63

Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-10.

Cost and contributions

Administrative expenses excluding investment management, per participant

$17.79

10th: $18.52median $67.2190th: $147.71

Higher than 10% of the 2,324 plans $250M to 1B that report it.

Source

= $28,505 / 1,602
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250710135554NAL0009234944001, received 2025-07-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250710135554NAL0009234944001, received 2025-07-10

Administrative expenses per participant

$17.79

10th: $27.95median $88.2590th: $203.68

Higher than 6% of the 2,405 plans $250M to 1B that report it.

Source

= $28,505 / 1,602
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250710135554NAL0009234944001, received 2025-07-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250710135554NAL0009234944001, received 2025-07-10

Administrative expenses as a share of assets

0.011%

10th: 0.018%median 0.073%90th: 0.183%

Higher than 6% of the 2,407 plans $250M to 1B that report it.

Source

= $28,505 / $268,500,213
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250710135554NAL0009234944001, received 2025-07-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250710135554NAL0009234944001, received 2025-07-10

Employer contributions per participant

$4,110

10th: $1,169median $3,07390th: $8,346

Higher than 64% of the 2,457 plans $250M to 1B that report it.

Source

= $6,583,951 / 1,602
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250710135554NAL0009234944001, received 2025-07-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250710135554NAL0009234944001, received 2025-07-10

Employer share of total contributions

40.8%

10th: 17.5%median 31.1%90th: 48.7%

Higher than 77% of the 2,459 plans $250M to 1B that report it.

Source

= $6,583,951 / $16,125,643
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250710135554NAL0009234944001, received 2025-07-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250710135554NAL0009234944001, received 2025-07-10

Plan terms, as stated in Union Bank & Trust Company's SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250710135554NAL0009234944001, received 2025-07-10

Full record, Union Bank & Trust Company Profit Sharing Plan

FieldValueSource
Plan sponsorUNION BANK & TRUST COMPANYForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250710135554NAL0009234944001, received 2025-07-10
Plan nameUNION BANK & TRUST COMPANY PROFIT SHARING PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250710135554NAL0009234944001, received 2025-07-10
Sponsor EIN / plan number47-0321480 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250710135554NAL0009234944001, received 2025-07-10
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250710135554NAL0009234944001, received 2025-07-10
Sponsor locationLINCOLN, NEForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250710135554NAL0009234944001, received 2025-07-10
Industry (business code)522110, Finance and insuranceForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250710135554NAL0009234944001, received 2025-07-10
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250710135554NAL0009234944001, received 2025-07-10
Filing received2025-07-10Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250710135554NAL0009234944001, received 2025-07-10
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250710135554NAL0009234944001, received 2025-07-10
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250710135554NAL0009234944001, received 2025-07-10
Participants, beginning of year1,613Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250710135554NAL0009234944001, received 2025-07-10
Active participants1,101Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250710135554NAL0009234944001, received 2025-07-10
Participants, end of year1,602Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250710135554NAL0009234944001, received 2025-07-10
Participants with an account balance1,602Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250710135554NAL0009234944001, received 2025-07-10
Total assets, beginning of year$234,206,196Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250710135554NAL0009234944001, received 2025-07-10
Total assets, end of year$268,500,213Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250710135554NAL0009234944001, received 2025-07-10
Net assets, end of year$268,500,213Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250710135554NAL0009234944001, received 2025-07-10
Total income$48,234,790Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250710135554NAL0009234944001, received 2025-07-10
Net income$34,294,017Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250710135554NAL0009234944001, received 2025-07-10
Employer contributions$6,583,951Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250710135554NAL0009234944001, received 2025-07-10
Participant contributions$7,774,520Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250710135554NAL0009234944001, received 2025-07-10
Other contributions (incl. rollovers)$1,767,172Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250710135554NAL0009234944001, received 2025-07-10
Total contributions$16,125,643Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250710135554NAL0009234944001, received 2025-07-10
Benefit payments$13,912,268Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250710135554NAL0009234944001, received 2025-07-10
Total expenses (incl. benefit payments)$13,940,773Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250710135554NAL0009234944001, received 2025-07-10
Total administrative expenses$28,505Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250710135554NAL0009234944001, received 2025-07-10
Recordkeeping fees$9,505Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250710135554NAL0009234944001, received 2025-07-10
IQPA audit fees$19,000Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250710135554NAL0009234944001, received 2025-07-10
Administrative expenses excluding investment management$28,505derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250710135554NAL0009234944001, received 2025-07-10
Held in common/collective trusts$3,301,791Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250710135554NAL0009234944001, received 2025-07-10
Held in mutual funds$216,092,158Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250710135554NAL0009234944001, received 2025-07-10
Independent auditorLUTZ & COMPANYSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250710135554NAL0009234944001, received 2025-07-10

Position = column in the DOL layout for form year 2024. Filing 20250710135554NAL0009234944001, received 2025-07-10.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
LUTZ & COMPANY, PCNONE 10 Accounting (including auditing); 50 Direct payment from the plan $19,000no
UNION BANK & TRUST COMPANYrecordkeeperRELATED PARTY 15 Recordkeeping and information management; 21 Trustee (bank, trust company or similar); 27 Investment advisory (plan); 28 Investment management; 51 Investment management fees paid directly by plan $9,505no
MATRIX CLEARENCE AND SETTLEMENTNONE 33 Securities brokerage; 60 Sub-transfer agency fees $0yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250710135554NAL0009234944001, received 2025-07-10.

What changed since the 2023 plan year

Figure20232024Change
Total assets$234,206,196$268,500,21314.6%
Participants with a balance1,5541,6023.1%
Administrative expenses$32,282$28,505-11.7%
Recordkeeping fees per participant$8.77$5.93-32.4%
Employer contributions$5,886,113$6,583,95111.9%

Prior filing 20240723104653NAL0019422000001, received 2024-07-23; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: UNION BANK & TRUST COMPANY; SEC registrant: UNION BANK & TRUST CO /NE/ (CIK 1259968, matched by EIN).