UNITED BANK CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan UNITED BANK CORPORATION 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : UNITED BANK CORPORATION 401(K) PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $375 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $755 |
| 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 | $9,925,223 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $2,548,994 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $2,543,919 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $2,322,438 |
| Value of total assets at end of year | 2023-12-31 | $38,817,039 |
| Value of total assets at beginning of year | 2023-12-31 | $31,441,190 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $5,075 |
| Total interest from all sources | 2023-12-31 | $16,662 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $816,340 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $816,340 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $8,000,000 |
| 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 | $1,559,356 |
| Participant contributions at end of year | 2023-12-31 | $398,128 |
| Participant contributions at beginning of year | 2023-12-31 | $401,082 |
| Participant contributions at end of year | 2023-12-31 | $41,984 |
| Participant contributions at beginning of year | 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 |
| Other income not declared elsewhere | 2023-12-31 | $58 |
| Liabilities. Value of operating payables at end of year | 2023-12-31 | $375 |
| Liabilities. Value of operating payables at beginning of year | 2023-12-31 | $725 |
| 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 | $7,376,229 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $38,816,664 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $31,440,435 |
| 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 | $3,728 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $30,920,896 |
| Interest on participant loans | 2023-12-31 | $16,662 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $38,323,398 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $47,196 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $47,196 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $6,769,725 |
| 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 | $0 |
| Assets. Invements in employer securities at beginning of year | 2023-12-31 | $0 |
| Contributions received in cash from employer | 2023-12-31 | $763,082 |
| Employer contributions (assets) at end of year | 2023-12-31 | $49,801 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $72,016 |
| Income. Dividends from common stock | 2023-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $2,543,919 |
| Liabilities. Value of benefit claims payable at end of year | 2023-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-12-31 | $30 |
| 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 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $375 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $755 |
| Total income from all sources (including contributions) | 2023-01-01 | $9,925,223 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $2,548,994 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $2,543,919 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $2,322,438 |
| Value of total assets at end of year | 2023-01-01 | $38,817,039 |
| Value of total assets at beginning of year | 2023-01-01 | $31,441,190 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $5,075 |
| Total interest from all sources | 2023-01-01 | $16,662 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $816,340 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $816,340 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $8,000,000 |
| 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 | $1,559,356 |
| Participant contributions at end of year | 2023-01-01 | $398,128 |
| Participant contributions at beginning of year | 2023-01-01 | $401,082 |
| Participant contributions at end of year | 2023-01-01 | $41,984 |
| Participant contributions at beginning of year | 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 |
| Other income not declared elsewhere | 2023-01-01 | $58 |
| Liabilities. Value of operating payables at end of year | 2023-01-01 | $375 |
| Liabilities. Value of operating payables at beginning of year | 2023-01-01 | $725 |
| 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 | $7,376,229 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $38,816,664 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $31,440,435 |
| 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 | $3,728 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $30,920,896 |
| Interest on participant loans | 2023-01-01 | $16,662 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $38,323,398 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $6,769,725 |
| 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 | $0 |
| Assets. Invements in employer securities at beginning of year | 2023-01-01 | $0 |
| Contributions received in cash from employer | 2023-01-01 | $763,082 |
| Employer contributions (assets) at end of year | 2023-01-01 | $49,801 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $72,016 |
| Income. Dividends from common stock | 2023-01-01 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $2,543,919 |
| Liabilities. Value of benefit claims payable at end of year | 2023-01-01 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-01-01 | $30 |
| 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 401(K) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $755 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $75 |
| Total income from all sources (including contributions) | 2022-12-31 | $-6,007,248 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $5,765,358 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $5,760,433 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,204,142 |
| Value of total assets at end of year | 2022-12-31 | $31,441,190 |
| Value of total assets at beginning of year | 2022-12-31 | $43,213,116 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $4,925 |
| Total interest from all sources | 2022-12-31 | $16,888 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $723,276 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $723,276 |
| Administrative expenses professional fees incurred | 2022-12-31 | $4,925 |
| 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 |
| Contributions received from participants | 2022-12-31 | $1,457,490 |
| Participant contributions at end of year | 2022-12-31 | $401,082 |
| Participant contributions at beginning of year | 2022-12-31 | $485,998 |
| Participant contributions at end of year | 2022-12-31 | $0 |
| Participant contributions at beginning of year | 2022-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $34,289 |
| Liabilities. Value of operating payables at end of year | 2022-12-31 | $725 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $75 |
| 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 | $-11,772,606 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $31,440,435 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $43,213,041 |
| 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 | $30,920,896 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $42,660,111 |
| Interest on participant loans | 2022-12-31 | $16,888 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $47,196 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $302 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $302 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-8,951,554 |
| 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 |
| Contributions received in cash from employer | 2022-12-31 | $712,363 |
| Employer contributions (assets) at end of year | 2022-12-31 | $72,016 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $66,705 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $5,760,433 |
| Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $30 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $0 |
| 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 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $755 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $75 |
| Total income from all sources (including contributions) | 2022-01-01 | $-6,007,248 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $5,765,358 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $5,760,433 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $2,204,142 |
| Value of total assets at end of year | 2022-01-01 | $31,441,190 |
| Value of total assets at beginning of year | 2022-01-01 | $43,213,116 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $4,925 |
| Total interest from all sources | 2022-01-01 | $16,888 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $723,276 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $723,276 |
| Administrative expenses professional fees incurred | 2022-01-01 | $4,925 |
| 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 |
| Contributions received from participants | 2022-01-01 | $1,457,490 |
| Participant contributions at end of year | 2022-01-01 | $401,082 |
| Participant contributions at beginning of year | 2022-01-01 | $485,998 |
| Participant contributions at end of year | 2022-01-01 | $0 |
| Participant contributions at beginning of year | 2022-01-01 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $34,289 |
| Liabilities. Value of operating payables at end of year | 2022-01-01 | $725 |
| Liabilities. Value of operating payables at beginning of year | 2022-01-01 | $75 |
| 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 | $-11,772,606 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $31,440,435 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $43,213,041 |
| 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 | $30,920,896 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $42,660,111 |
| Interest on participant loans | 2022-01-01 | $16,888 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $47,196 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-8,951,554 |
| 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 |
| Contributions received in cash from employer | 2022-01-01 | $712,363 |
| Employer contributions (assets) at end of year | 2022-01-01 | $72,016 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $66,705 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $5,760,433 |
| Liabilities. Value of benefit claims payable at end of year | 2022-01-01 | $30 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-01-01 | $0 |
| 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 401(K) PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $75 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $400 |
| Total income from all sources (including contributions) | 2021-12-31 | $11,018,104 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $2,479,940 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $2,473,565 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $3,751,799 |
| Value of total assets at end of year | 2021-12-31 | $43,213,116 |
| Value of total assets at beginning of year | 2021-12-31 | $34,675,277 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $6,375 |
| Total interest from all sources | 2021-12-31 | $19,167 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $738,978 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $738,978 |
| Administrative expenses professional fees incurred | 2021-12-31 | $6,375 |
| 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 |
| Contributions received from participants | 2021-12-31 | $1,294,516 |
| Participant contributions at end of year | 2021-12-31 | $485,998 |
| Participant contributions at beginning of year | 2021-12-31 | $467,091 |
| Participant contributions at end of year | 2021-12-31 | $0 |
| Participant contributions at beginning of year | 2021-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,789,449 |
| Liabilities. Value of operating payables at end of year | 2021-12-31 | $75 |
| Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $400 |
| 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 | $8,538,164 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $43,213,041 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $34,674,877 |
| 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 | $42,660,111 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $34,103,398 |
| Interest on participant loans | 2021-12-31 | $19,167 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $302 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $40,001 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $40,001 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $6,508,160 |
| 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 |
| Contributions received in cash from employer | 2021-12-31 | $667,834 |
| Employer contributions (assets) at end of year | 2021-12-31 | $66,705 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $64,787 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $2,473,565 |
| 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 401(K) PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $400 |
| 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 | $7,838,418 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $3,371,574 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $3,365,549 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,991,536 |
| Value of total assets at end of year | 2020-12-31 | $34,675,277 |
| Value of total assets at beginning of year | 2020-12-31 | $30,208,033 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $6,025 |
| Total interest from all sources | 2020-12-31 | $22,056 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $711,915 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $711,915 |
| Administrative expenses professional fees incurred | 2020-12-31 | $6,025 |
| 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 |
| Contributions received from participants | 2020-12-31 | $1,293,070 |
| Participant contributions at end of year | 2020-12-31 | $467,091 |
| Participant contributions at beginning of year | 2020-12-31 | $444,304 |
| Participant contributions at end of year | 2020-12-31 | $0 |
| Participant contributions at beginning of year | 2020-12-31 | $56,938 |
| Liabilities. Value of operating payables at end of year | 2020-12-31 | $400 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $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 | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $4,466,844 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $34,674,877 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $30,208,033 |
| 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 in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $34,103,398 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $29,664,606 |
| Interest on participant loans | 2020-12-31 | $22,056 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $40,001 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $227 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $227 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $5,112,911 |
| 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 |
| Contributions received in cash from employer | 2020-12-31 | $698,466 |
| Employer contributions (assets) at end of year | 2020-12-31 | $64,787 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $41,958 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $3,365,549 |
| 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 | Disclaimer |
| Accountancy firm name | 2020-12-31 | MCNAIR, MCLEMORE MIDDLEBROOK CO LLC |
| Accountancy firm EIN | 2020-12-31 | 581094351 |
| 2019 : UNITED BANK CORPORATION 401(K) PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| 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 | $8,171,139 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $1,518,207 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,512,630 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,915,481 |
| Value of total assets at end of year | 2019-12-31 | $30,208,033 |
| Value of total assets at beginning of year | 2019-12-31 | $23,555,101 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $5,577 |
| Total interest from all sources | 2019-12-31 | $24,167 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $895,550 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $895,550 |
| Administrative expenses professional fees incurred | 2019-12-31 | $5,577 |
| 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 |
| Contributions received from participants | 2019-12-31 | $1,282,814 |
| Participant contributions at end of year | 2019-12-31 | $444,304 |
| Participant contributions at beginning of year | 2019-12-31 | $596,725 |
| Participant contributions at end of year | 2019-12-31 | $56,938 |
| Participant contributions at beginning of year | 2019-12-31 | $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 | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $6,652,932 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $30,208,033 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $23,555,101 |
| 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 in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $29,664,606 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $22,918,198 |
| Interest on participant loans | 2019-12-31 | $24,167 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $227 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $252 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $252 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $5,335,941 |
| 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 |
| Contributions received in cash from employer | 2019-12-31 | $632,667 |
| Employer contributions (assets) at end of year | 2019-12-31 | $41,958 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $39,926 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,512,630 |
| 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 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | MCNAIR, MCLEMORE MIDDLEBROOK CO LLC |
| Accountancy firm EIN | 2019-12-31 | 581094351 |
| 2018 : UNITED BANK CORPORATION 401(K) PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total transfer of assets to this plan | 2018-12-31 | $23,512,056 |
| 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 | $928,122 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $885,077 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $877,277 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $2,335,966 |
| Value of total assets at end of year | 2018-12-31 | $23,555,101 |
| 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 | $7,800 |
| Total interest from all sources | 2018-12-31 | $22,385 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $811,962 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $811,962 |
| Administrative expenses professional fees incurred | 2018-12-31 | $7,800 |
| 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 |
| Contributions received from participants | 2018-12-31 | $1,098,029 |
| Participant contributions at end of year | 2018-12-31 | $596,725 |
| Participant contributions at beginning of year | 2018-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $646,213 |
| 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 | $43,045 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $23,555,101 |
| 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 in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $22,918,198 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $0 |
| Interest on participant loans | 2018-12-31 | $22,385 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $252 |
| 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 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-2,242,191 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| 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 |
| Contributions received in cash from employer | 2018-12-31 | $591,724 |
| Employer contributions (assets) at end of year | 2018-12-31 | $39,926 |
| 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 | $877,277 |
| 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 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | MCNAIR, MCLEMORE MIDDLEBROOK CO LLC |
| Accountancy firm EIN | 2018-12-31 | 581094351 |
