Defined Benefit (Pension) · DOL Form 5500 · 2022
United Bankshares, Inc. Pension Plan
Data updated 2026-08-11
- $165M
- Total assets
- 344
- Participants
- 95th
- Percentile by assets
- $480,580
- Avg per participant
Official DOL plan name: United Bankshares, Inc. Pension Plan · Sponsored by United Bankshares, Inc. · West Virginia · Finance & Insurance
$165M in assets, 344 participants
United Bankshares, Inc.'s United Bankshares, Inc. Pension Plan reported $165M in total assets and 344 participants in its 2022 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 95th percentile by assets (of 139,126 plans)
- #8,485 in Finance & Insurance (9,261 peers)
Where United Bankshares, Inc. Pension Plan sits by assets
United Bankshares, Inc. Pension Plan sits in the top 5% of all filed plans by assets, $165M for 344 participants (~$480,580/participant), down 21.4% in 2022.
- $165M
- total plan assets (2022 EOY)
- 344
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $480,580
- avg assets per participant
The plan reported a net loss of $45M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
United Bankshares, Inc. Pension Plan vs the 2022 asset distribution
By assets, United Bankshares, Inc. Pension Plan outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $210M |
|---|---|
| Net Assets (End of Year) | $165M |
| Net Income | -$45M |
| Employer EIN | 550641179 |
| Plan Effective Date | 1962-10-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (United Bankshares, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,322 | $367M |
| 2023 | 2 | 3,050 | $402M |
| 2024 | 2 | 2,841 | $432M |
Nearby Defined Benefit (Pension) Plans in West Virginia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
United Bankshares, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants
- West Virginia Laborers Pension Trust Fund $502M · 2,131
- I.U.O.E. Local 132 Pension Fund $492M · 1,691
- United Mine Workers of America 1985 Construction Workers Pension Plan $432M · 243
- Employer - Teamsters Local Nos 175&505 Pension Trust Fund $386M · 1,435
- Carpenters Pension Fund of West Virginia $276M · 1,310
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to United Bankshares, Inc. Pension Plan by total assets, not by location.
- Spire Missouri Employees' Retirement Plan (MO) $165M · 1,982
- Ampacet Corp Employees Retirement Plan (NY) $165M · 250
- Commonwealth Health Corporation Restated Retirement Plan (KY) $165M · 973
- Local Union 400 I.B.E.W. Pension Plan (NJ) $165M · 566
Frequently Asked Questions
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Next read for United Bankshares, Inc. Pension Plan
Scale reading
Ways to act on United Bankshares, Inc. Pension Plan's numbers.
- By total assets, United Bankshares, Inc. Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in West Virginia. Compare plans
- United Bankshares, Inc.'s sponsor-wide assets have grown 17.6% since 2022 across 3 plan years on file. More Finance & Insurance plans