# Atlantic Union Bankshares Corporation 401(k) Plan
Source: https://planprovider.pro/companies/atlantic-union-bankshares-corporation-401k-plan

> Atlantic Union Bankshares Corporation's 401(k) plan: 1,978 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Atlantic Union Bankshares Corporation

- **Sponsor EIN:** 541598552

- **Sponsor Address:** 4300 COX ROAD, GLEN ALLEN, VA, 23060

- **Plan Type:** 401(k)

- **Total Participants:** 1,978

- **Total Assets:** $300.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|1,978|$300.7M|$8.4M|$17.2M|

| 2023|1,888|$271.1M|$8.2M|$16.4M|

| 2022|1,940|$217.4M|$7.0M|$15.5M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| BDO USA, P.C.|Auditor|$35,415|—|$35,415|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BDO USA, P.C.](https://planprovider.pro/provider/bdo-usa-pc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $35,415

- **Estimated Expense Ratio:** 0.012% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$598,708|$88,226|—|$35,415|—|

| 2023|$350,646|$45,375|$242,033|$60,715|—|

| 2022|$317,231|$54,750|$188,381|—|$41,700|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/atlantic-union-bankshares-corporation-401k-plan)

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