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UNITED BANCORPORATION OF ALABAMA, INC. LIFE AND LONG-TERM DISABILITY PLAN 401k Plan overview

Plan NameUNITED BANCORPORATION OF ALABAMA, INC. LIFE AND LONG-TERM DISABILITY PLAN
Plan identification number 504

UNITED BANCORPORATION OF ALABAMA, INC. LIFE AND LONG-TERM DISABILITY PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Life insurance
  • Temporary disability (accident and sickness)
  • Long-term disability cover
  • Other welfare benefit cover

401k Sponsoring company profile

UNITED BANCORPORATION OF ALABAMA, INC. has sponsored the creation of one or more 401k plans.

Company Name:UNITED BANCORPORATION OF ALABAMA, INC.
Employer identification number (EIN):630833573
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan UNITED BANCORPORATION OF ALABAMA, INC. LIFE AND LONG-TERM DISABILITY PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5042023-01-01JESSICA LOWELL2024-07-29
5042022-03-01JESSICA LOWELL2023-08-15
5042021-02-28JESSICA LOWELL2022-08-02
5042020-02-29JESSICA LOWELL2021-10-01
5042019-03-01JESSICA LOWELL2020-10-07
5042018-03-01GWENDOLYN BRADEN2019-07-29
5042017-03-01
5042016-03-01

Form 5500 Responses for UNITED BANCORPORATION OF ALABAMA, INC. LIFE AND LONG-TERM DISABILITY PLAN

2023: UNITED BANCORPORATION OF ALABAMA, INC. LIFE AND LONG-TERM DISABILITY PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan benefit arrangement – InsuranceYes
2022: UNITED BANCORPORATION OF ALABAMA, INC. LIFE AND LONG-TERM DISABILITY PLAN 2022 form 5500 responses
2022-03-01Type of plan entitySingle employer plan
2022-03-01This return/report is a short plan year return/report (less than 12 months)Yes
2022-03-01Plan funding arrangement – InsuranceYes
2022-03-01Plan benefit arrangement – InsuranceYes
2021: UNITED BANCORPORATION OF ALABAMA, INC. LIFE AND LONG-TERM DISABILITY PLAN 2021 form 5500 responses
2021-02-28Type of plan entitySingle employer plan
2021-02-28Plan funding arrangement – InsuranceYes
2021-02-28Plan benefit arrangement – InsuranceYes
2020: UNITED BANCORPORATION OF ALABAMA, INC. LIFE AND LONG-TERM DISABILITY PLAN 2020 form 5500 responses
2020-02-29Type of plan entitySingle employer plan
2020-02-29Plan funding arrangement – InsuranceYes
2020-02-29Plan benefit arrangement – InsuranceYes
2019: UNITED BANCORPORATION OF ALABAMA, INC. LIFE AND LONG-TERM DISABILITY PLAN 2019 form 5500 responses
2019-03-01Type of plan entitySingle employer plan
2019-03-01This return/report is a short plan year return/report (less than 12 months)Yes
2019-03-01Plan funding arrangement – InsuranceYes
2019-03-01Plan benefit arrangement – InsuranceYes
2018: UNITED BANCORPORATION OF ALABAMA, INC. LIFE AND LONG-TERM DISABILITY PLAN 2018 form 5500 responses
2018-03-01Type of plan entitySingle employer plan
2018-03-01Plan funding arrangement – InsuranceYes
2018-03-01Plan benefit arrangement – InsuranceYes
2017: UNITED BANCORPORATION OF ALABAMA, INC. LIFE AND LONG-TERM DISABILITY PLAN 2017 form 5500 responses
2017-03-01Type of plan entitySingle employer plan
2017-03-01Plan funding arrangement – InsuranceYes
2017-03-01Plan benefit arrangement – InsuranceYes
2016: UNITED BANCORPORATION OF ALABAMA, INC. LIFE AND LONG-TERM DISABILITY PLAN 2016 form 5500 responses
2016-03-01Type of plan entitySingle employer plan
2016-03-01Plan funding arrangement – InsuranceYes
2016-03-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number1137865
Policy instance 1
Insurance contract or identification number1137865
Number of Individuals Covered239
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $31,036
Total amount of fees paid to insurance companyUSD $5,347
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $214,502
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number1137865
Policy instance 1
Insurance contract or identification number1137865
Number of Individuals Covered217
Insurance policy start date2022-03-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $24,389
Total amount of fees paid to insurance companyUSD $4,132
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $164,058
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract numberP67628
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract numberP67628
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract numberP67628
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract numberP67628
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract numberP67628
Policy instance 1

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