UNITED BANK CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan UNITED BANK CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN
| Measure | Date | Value |
|---|
| 2023 : UNITED BANK CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-12-31 | $8,163,630 |
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $8,163,630 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $709 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $40,466 |
| Expenses. Interest paid | 2023-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $9,640,544 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $4,797,102 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $4,797,102 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,026,628 |
| Value of total assets at end of year | 2023-12-31 | $56,921,023 |
| Value of total assets at beginning of year | 2023-12-31 | $52,117,338 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $0 |
| Total interest from all sources | 2023-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $0 |
| Total non interest bearing cash at end of year | 2023-12-31 | $33,549 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $76,499 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Income. Non cash contributions | 2023-12-31 | $0 |
| Value of net income/loss | 2023-12-31 | $4,843,442 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $56,920,314 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $52,076,872 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $3,571,535 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $2,932,889 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $450,286 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Assets. Invements in employer securities at end of year | 2023-12-31 | $52,289,889 |
| Assets. Invements in employer securities at beginning of year | 2023-12-31 | $48,145,785 |
| Contributions received in cash from employer | 2023-12-31 | $1,026,628 |
| Employer contributions (assets) at end of year | 2023-12-31 | $1,026,050 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $962,165 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $4,797,102 |
| Liabilities. Value of benefit claims payable at end of year | 2023-12-31 | $709 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-12-31 | $40,466 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | MCNAIR, MCLEMORE MIDDLEBROOK CO LLC |
| Accountancy firm EIN | 2023-12-31 | 581094351 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-01-01 | $8,163,630 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $8,163,630 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $709 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $40,466 |
| Total income from all sources (including contributions) | 2023-01-01 | $9,640,544 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $4,797,102 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $4,797,102 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,026,628 |
| Value of total assets at end of year | 2023-01-01 | $56,921,023 |
| Value of total assets at beginning of year | 2023-01-01 | $52,117,338 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $0 |
| Total interest from all sources | 2023-01-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $0 |
| Total non interest bearing cash at end of year | 2023-01-01 | $33,549 |
| Total non interest bearing cash at beginning of year | 2023-01-01 | $76,499 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Income. Non cash contributions | 2023-01-01 | $0 |
| Value of net income/loss | 2023-01-01 | $4,843,442 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $56,920,314 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $52,076,872 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $3,571,535 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $2,932,889 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $450,286 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Assets. Invements in employer securities at end of year | 2023-01-01 | $52,289,889 |
| Assets. Invements in employer securities at beginning of year | 2023-01-01 | $48,145,785 |
| Contributions received in cash from employer | 2023-01-01 | $1,026,628 |
| Employer contributions (assets) at end of year | 2023-01-01 | $1,026,050 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $962,165 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $4,797,102 |
| Liabilities. Value of benefit claims payable at end of year | 2023-01-01 | $709 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-01-01 | $40,466 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | MCNAIR, MCLEMORE MIDDLEBROOK CO LLC |
| Accountancy firm EIN | 2023-01-01 | 581094351 |
| 2022 : UNITED BANK CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-15,891,234 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-15,891,234 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $40,466 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $83,720 |
| Total income from all sources (including contributions) | 2022-12-31 | $7,795,333 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $12,672,458 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $12,672,458 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $962,165 |
| Value of total assets at end of year | 2022-12-31 | $52,117,338 |
| Value of total assets at beginning of year | 2022-12-31 | $57,037,717 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $0 |
| Total interest from all sources | 2022-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $23,307,638 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Total non interest bearing cash at end of year | 2022-12-31 | $76,499 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $85,151 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-4,877,125 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $52,076,872 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $56,953,997 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $2,932,889 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $5,315,742 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-583,236 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Assets. Invements in employer securities at end of year | 2022-12-31 | $48,145,785 |
| Assets. Invements in employer securities at beginning of year | 2022-12-31 | $50,734,503 |
| Contributions received in cash from employer | 2022-12-31 | $962,165 |
| Employer contributions (assets) at end of year | 2022-12-31 | $962,165 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $902,321 |
| Income. Dividends from common stock | 2022-12-31 | $23,307,638 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $12,672,458 |
| Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $40,466 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $83,720 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | MCNAIR, MCLEMORE MIDDLEBROOK CO LLC |
| Accountancy firm EIN | 2022-12-31 | 581094351 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-01-01 | $-15,891,234 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $-15,891,234 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $40,466 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $83,720 |
| Total income from all sources (including contributions) | 2022-01-01 | $7,795,333 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $12,672,458 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $12,672,458 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $962,165 |
| Value of total assets at end of year | 2022-01-01 | $52,117,338 |
| Value of total assets at beginning of year | 2022-01-01 | $57,037,717 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $0 |
| Total interest from all sources | 2022-01-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $23,307,638 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Total non interest bearing cash at end of year | 2022-01-01 | $76,499 |
| Total non interest bearing cash at beginning of year | 2022-01-01 | $85,151 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-4,877,125 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $52,076,872 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $56,953,997 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $2,932,889 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $5,315,742 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-583,236 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Assets. Invements in employer securities at end of year | 2022-01-01 | $48,145,785 |
| Assets. Invements in employer securities at beginning of year | 2022-01-01 | $50,734,503 |
| Contributions received in cash from employer | 2022-01-01 | $962,165 |
| Employer contributions (assets) at end of year | 2022-01-01 | $962,165 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $902,321 |
| Income. Dividends from common stock | 2022-01-01 | $23,307,638 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $12,672,458 |
| Liabilities. Value of benefit claims payable at end of year | 2022-01-01 | $40,466 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-01-01 | $83,720 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | MCNAIR, MCLEMORE MIDDLEBROOK CO LLC |
| Accountancy firm EIN | 2022-01-01 | 581094351 |
| 2021 : UNITED BANK CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $5,725,710 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $5,725,710 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $83,720 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $218,237 |
| Total income from all sources (including contributions) | 2021-12-31 | $10,354,643 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $9,290,225 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $9,290,225 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $902,321 |
| Value of total assets at end of year | 2021-12-31 | $57,037,717 |
| Value of total assets at beginning of year | 2021-12-31 | $56,107,816 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $0 |
| Total interest from all sources | 2021-12-31 | $17,977 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $3,576,123 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Total non interest bearing cash at end of year | 2021-12-31 | $85,151 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $1,064,418 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $56,953,997 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $55,889,579 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $5,315,742 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $9,182,905 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $9,182,905 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $17,977 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $132,512 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Assets. Invements in employer securities at end of year | 2021-12-31 | $50,734,503 |
| Assets. Invements in employer securities at beginning of year | 2021-12-31 | $45,985,624 |
| Contributions received in cash from employer | 2021-12-31 | $902,321 |
| Employer contributions (assets) at end of year | 2021-12-31 | $902,321 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $939,287 |
| Income. Dividends from common stock | 2021-12-31 | $3,576,123 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $9,290,225 |
| Liabilities. Value of benefit claims payable at end of year | 2021-12-31 | $83,720 |
| Liabilities. Value of benefit claims payable at beginning of year | 2021-12-31 | $218,237 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | MCNAIR, MCLEMORE MIDDLEBROOK CO LLC |
| Accountancy firm EIN | 2021-12-31 | 581094351 |
| 2020 : UNITED BANK CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $-2,821,378 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $-2,821,378 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $218,237 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $1,463,952 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $7,602,857 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $7,602,857 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $939,287 |
| Value of total assets at end of year | 2020-12-31 | $56,107,816 |
| Value of total assets at beginning of year | 2020-12-31 | $62,028,484 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $0 |
| Total interest from all sources | 2020-12-31 | $45,889 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $3,300,154 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Total non interest bearing cash at end of year | 2020-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $10,229 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $-6,138,905 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $55,889,579 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $62,028,484 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $9,182,905 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $6,992,611 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $6,992,611 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $45,889 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Assets. Invements in employer securities at end of year | 2020-12-31 | $45,985,624 |
| Assets. Invements in employer securities at beginning of year | 2020-12-31 | $54,243,297 |
| Contributions received in cash from employer | 2020-12-31 | $939,287 |
| Employer contributions (assets) at end of year | 2020-12-31 | $939,287 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $782,347 |
| Income. Dividends from common stock | 2020-12-31 | $3,300,154 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $7,602,857 |
| Liabilities. Value of benefit claims payable at end of year | 2020-12-31 | $218,237 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $0 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | MCNAIR, MCLEMORE MIDDLEBROOK CO LLC |
| Accountancy firm EIN | 2020-12-31 | 581094351 |
| 2019 : UNITED BANK CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $9,694,384 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $9,694,384 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $13,924,653 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $2,066,719 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $2,066,719 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $908,995 |
| Value of total assets at end of year | 2019-12-31 | $62,028,484 |
| Value of total assets at beginning of year | 2019-12-31 | $50,170,550 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $0 |
| Total interest from all sources | 2019-12-31 | $121,905 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Other income not declared elsewhere | 2019-12-31 | $3,199,369 |
| Total non interest bearing cash at end of year | 2019-12-31 | $10,229 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $138,428 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $11,857,934 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $62,028,484 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $50,170,550 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $6,992,611 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $4,611,159 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $4,611,159 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $121,905 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Assets. Invements in employer securities at end of year | 2019-12-31 | $54,243,297 |
| Assets. Invements in employer securities at beginning of year | 2019-12-31 | $44,555,179 |
| Contributions received in cash from employer | 2019-12-31 | $908,995 |
| Employer contributions (assets) at end of year | 2019-12-31 | $782,347 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $865,784 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $2,066,719 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
| Accountancy firm name | 2019-12-31 | MCNAIR, MCLEMORE MIDDLEBROOK CO LLC |
| Accountancy firm EIN | 2019-12-31 | 581094351 |
| 2018 : UNITED BANK CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $1,205,050 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $1,205,050 |
| Total transfer of assets to this plan | 2018-12-31 | $47,624,581 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $3,890,831 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $1,344,862 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $1,344,862 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $865,784 |
| Value of total assets at end of year | 2018-12-31 | $50,170,550 |
| Value of total assets at beginning of year | 2018-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $0 |
| Total interest from all sources | 2018-12-31 | $59,961 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Other income not declared elsewhere | 2018-12-31 | $1,760,036 |
| Total non interest bearing cash at end of year | 2018-12-31 | $138,428 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $2,545,969 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $50,170,550 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $4,611,159 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $59,961 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Assets. Invements in employer securities at end of year | 2018-12-31 | $44,555,179 |
| Assets. Invements in employer securities at beginning of year | 2018-12-31 | $0 |
| Contributions received in cash from employer | 2018-12-31 | $865,784 |
| Employer contributions (assets) at end of year | 2018-12-31 | $865,784 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $1,344,862 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Unqualified |
| Accountancy firm name | 2018-12-31 | MCNAIR, MCLEMORE MIDDLEBROOK CO LLC |
| Accountancy firm EIN | 2018-12-31 | 581094351 |
