Employers › Union Savings Bank
Recordkeeping fees per participant · Union Savings Bank 401(k) Profit Sharing Plan & Trust · plan year 2024
$22,124.00
Higher than 100% of the 5,847 plans $50 to 250M that report it.
= $66,372 / 3
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015132202NAL0004963169001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015132202NAL0004963169001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-10-15.
Administrative expenses excluding investment management, per participant
$36,999.67
Higher than 100% of the 8,758 plans $50 to 250M that report it.
= $110,999 / 3
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015132202NAL0004963169001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015132202NAL0004963169001, received 2025-10-15
Administrative expenses per participant
$49,590.00
Higher than 100% of the 9,042 plans $50 to 250M that report it.
= $148,770 / 3
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015132202NAL0004963169001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015132202NAL0004963169001, received 2025-10-15
Administrative expenses as a share of assets
0.194%
Higher than 67% of the 9,049 plans $50 to 250M that report it.
= $148,770 / $76,868,233
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015132202NAL0004963169001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015132202NAL0004963169001, received 2025-10-15
Employer contributions per participant
$365,493
Higher than 100% of the 9,105 plans $50 to 250M that report it.
= $1,096,478 / 3
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015132202NAL0004963169001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015132202NAL0004963169001, received 2025-10-15
Employer share of total contributions
21.4%
Higher than 23% of the 9,112 plans $50 to 250M that report it.
= $1,096,478 / $5,127,843
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015132202NAL0004963169001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015132202NAL0004963169001, received 2025-10-15
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015132202NAL0004963169001, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | UNION SAVINGS BANK | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Plan name | UNION SAVINGS BANK 401(K) PROFIT SHARING PLAN & TRUST | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Sponsor EIN / plan number | 06-0570800 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Sponsor location | DANBURY, CT | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Industry (business code) | 522120, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Participants, beginning of year | 500 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Active participants | 381 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Participants, end of year | 506 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Participants with an account balance | 3 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Total assets, beginning of year | $67,327,624 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Total assets, end of year | $76,868,233 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Net assets, end of year | $76,868,233 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Total income | $13,821,521 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Net income | $9,540,609 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Employer contributions | $1,096,478 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Participant contributions | $3,132,804 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $898,561 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Total contributions | $5,127,843 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Benefit payments | $4,103,350 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $4,280,912 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Total administrative expenses | $148,770 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Contract administrator fees | $19,598 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Recordkeeping fees | $66,372 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| IQPA audit fees | $19,250 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Investment advisory and management fees | $37,771 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Administrative expenses excluding investment management | $110,999 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Held in common/collective trusts | $27,158,257 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Held in mutual funds | $34,560,946 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015132202NAL0004963169001, received 2025-10-15 |
| Independent auditor | WOLF & COMPANY, P.C | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015132202NAL0004963169001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015132202NAL0004963169001, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY Orecordkeeper | RECORDKEEPER | 13 Contract administrator; 50 Direct payment from the plan; 15 Recordkeeping and information management; 64 Recordkeeping fees; 37 Participant loan processing | $85,970 | yes |
| FIDUCIENT ADVISORS LLC | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $28,374 | no |
| WOLF & COMPANY, P.C. | AUDITOR | 10 Accounting (including auditing) | $19,250 | no |
| DIMEO SCHNEIDER & ASSOCIATES | NONE | 27 Investment advisory (plan) | $9,398 | no |
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 20251015132202NAL0004963169001, received 2025-10-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $67,327,624 | $76,868,233 | 14.2% |
| Participants with a balance | 500 | 3 | -99.4% |
| Administrative expenses | $135,321 | $148,770 | 9.9% |
| Recordkeeping fees per participant | not reported | $22,124.00 | |
| Employer contributions | $1,039,482 | $1,096,478 | 5.5% |
Prior filing 20241015113432NAL0016237763001, received 2024-10-15; the plan years are contiguous.
Sponsor name as filed: UNION SAVINGS BANK; SEC registrant: UNION SAVINGS BANK (CIK 1985855, matched by EIN).