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Original filing (PDF)20251010095812NAL0007907265001
ATLANTIC UNION BANKSHARES CORPORATION
Form 5500
FILING_RECEIVED
ATLANTIC UNION BANKSHARES CORPORATION 401(K) PROFIT SHARING PLAN
401(k) retirement plan
Active participants
1,978
Accounts w/ balance
1,941
Plan assets (EOY)
$300.7M
Net assets (EOY)
$300.7M
How this plan invests
This plan
6 pooled trusts
Schedule D
21 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- 15 bps in Schedule C fees — 54% above peer band of 10 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for ATLANTIC UNION BANKSHARES CORPORATION.
Plan sponsor
Name
ATLANTIC UNION BANKSHARES CORPORATION
EIN
54-1598552
Address
4300 COX ROAD · GLEN ALLEN, VA · 23060
Phone
(804) 632-2103
Industry
Commercial Banking· Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-10
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
BDO USA, P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $264K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MERCER (US) INC MERCER INVESTMENTS | — | CHICAGO, IL | INVESTMENT ADVISOR | $78K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BDO USA, P.C. | — | GRAND RAPIDS, MI | AUDITOR | $35K | — |
Legal counsel
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TROUTMAN SANDERS LOCKERMAN & ASHMOR | — | ATLANTA, GA | ATTORNEY | $74K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ADVISED ASSETS GROUP, LLC | — | GREENWOOD VILLAGE, CO | INVESTMENT MGMT | $10K | — |
Investments
15 direct securities · 6 pooled funds· $299.6M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$160.8M
13 holdings
Common Collective Trust
$73.7M
3 holdings
Pooled Separate Account
$28.2M
3 holdings
Common Stocks
$25.1M
1 holding
Mutual Funds
$11.7M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| WELLINGTON CIF II GROWTH S2 WELLINGTON TRUST COMPANY · EIN 04-6913417 / PN 033 | Common Collective Trust | — | — | $38.2M | 12.7% | |
| PRUDENTIAL STABLE VALUE FUND EMPOWER LIFE AND ANNUITY INSURANCE COMPANY · EIN 23-6994310 / PN 214 | Common Collective Trust | — | — | $34.1M | 11.3% | |
| MFS Value R6 | — | — | — | $30.2M | 10.0% | |
| Vanguard Institutional Index Instl | — | — | — | $27.7M | 9.2% | |
| * Atlantic Union Bankshares Corporation 663,442 shares of Company common stock | Common Stocks | — | $11.7M | $25.1M | 8.4% | |
| Dodge & Cox International Stock - I | — | — | — | $20.4M | 6.8% | |
| Vanguard Total Intl Stock Index Instl | — | — | — | $19.3M | 6.4% | |
| CORE PLUS BOND / PGIM FUND EMPOWER ANNUITY INSURANCE COMPANY · EIN 06-1050034 / PN 299 | Pooled Separate Account | — | — | $14.0M | 4.7% | |
| Vanguard Total Bond Market Index Inst | — | — | — | $13.3M | 4.4% | |
| DFA US Small Cap Value I | — | — | — | $12.3M | 4.1% | |
| MID CAP VALUE / INTEGRITY FUND EMPOWER ANNUITY INSURANCE COMPANY · EIN 06-1050034 / PN 441 | Pooled Separate Account | — | — | $11.9M | 4.0% | |
| DFA Emerging Markets I | — | — | — | $11.9M | 4.0% | |
| American Beacon Stephens Mid-Cap Gr R6 | Mutual Funds | — | — | $11.7M | 3.9% | |
| Conestoga Small Cap Institutional | — | — | — | $9.1M | 3.0% | |
| Vanguard Mid Cap Index Ins | — | — | — | $6.8M | 2.3% | |
| Nuveen Small Cap Blend Index R6 | — | — | — | $5.1M | 1.7% | |
| Participant loans Interest rates ranging from 3.25% - 9.50% - | — | — | — | $3.1M | 1.0% | |
| DAY ONE INCOMEFLEX TARGET BALANCED EMPOWER ANNUITY INSURANCE COMPANY · EIN 06-1050034 / PN 697 | Pooled Separate Account | — | — | $2.3M | 0.8% | |
| Hartford Strategic Income R6 | — | — | — | $1.6M | 0.5% | |
| SSGA REAL ASSET FUND CLASS C STATE STREET GLOBAL ADVISORS COLLECTIVE TRUSTS · EIN 90-0337987 / PN 280 | Common Collective Trust | — | — | $1.5M | 0.5% | |
| Money Market Fund Vanguard Federal Money Market Inv | — | — | — | $9K | <0.1% |