Plan Snapshot
- Plan Sponsor: Union Bank And Trust Company
- Sponsor EIN: 470321480
- Sponsor Address: P.O. BOX 82535, LINCOLN, NE, 68501
- Plan Type: 401(k)
- Plan Number: 505
- Total Participants: 786
- Total Assets: $1.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 786 | $1.1M | $10.1M | $3.6M |
| 2023 | 692 | $266,388 | $9.0M | $3.3M |
| 2022 | 659 | $1.4M | $6.7M | $2.8M |
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 |
|---|---|---|---|---|
| APTA HEALTH | Other Service Provider | $9,451 | $399,705 | $409,156 |
| MERITAIN HEALTH | Other Service Provider | $268,319 | — | $268,319 |
| AMERITAS | Other Service Provider | $40,168 | — | $40,168 |
| UNICO GROUP | Other Service Provider | — | $34,714 | $34,714 |
| BERGANKVD, LLC | Other Service Provider | $27,500 | — | $27,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $779,857
- Estimated Expense Ratio: 68.866% 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 | $933,177 | — | $898,467 | — | — |
| 2023 | $766,656 | — | $745,461 | — | — |
| 2022 | $726,882 | — | $691,913 | — | $34,969 |