Defined Benefit (Pension) · DOL Form 5500 · 2022

United Bankshares, Inc. Pension Plan

Data updated 2026-08-25

$165M
Total assets Near avg plan size
344
Participants Below avg headcount
95th
Percentile by assets National rank
$480,580
Avg per participant High balance/head
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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.

  • #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.

#8,485
in Finance & Insurance (9,261 peers)
-21.4%
assets change YoY
1.7×
vs typical plan assets (national mean)

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's outsized position by total assets

United Bankshares, Inc. Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$165,319,511 Top 5% higher than 95% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

United Bankshares, Inc. Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. United Bankshares, Inc. Pension Plan sits mid-pack in the medium band (344 participants).

Plan-year Form 5500 strip

Filing strip 550641179 · United Bankshares, Inc. PY 2022 · Defined Benefit (Pension)

United Bankshares, Inc. Pension Plan · $165M · 344 · 95th

  • BOOK $165M
  • VS-ST 344
  • BOY 95th
  • SCH Defined Benefit (Pension)
  • EBSA near Spire Missouri Employees' Retirement Plan
  • PART ind #8485

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in West Virginia →

United Bankshares, Inc. Pension Plan in the asset neighbourhood

Local Union 400 I.B.E.W. Pension PlanLocal Union 400 I.B.E.W. Pen…$165MCommonwealth Health Corporation Restated Retirement PlanCommonwealth Health Corporat…$165MSpire Missouri Employees' Retirement PlanSpire Missouri Employees' Re…$165MUnited Bankshares, Inc. Pension PlanUnited Bankshares, Inc. Pens…$165MAmpacet Corp Employees Retirement PlanAmpacet Corp Employees Retir…$165M
End-of-year total assets ($M) among United Bankshares, Inc. Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$210M
Net Assets (End of Year)$165M
Net Income-$45M
Employer EIN550641179
Plan Effective Date1962-10-15
Filing StatusFILING RECEIVED

Sponsor Plan History (United Bankshares, Inc.)

Sponsor-wide plan assets over time

All United Bankshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$432M 17.645286882814194% vs 2022
2024 filing year
$360M$380M$400M$420M$440M 202220232024 $367M $432M ▲ +17.6%
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 Scatter plot of 6 data points. 05001000150020002500 100200300400500600 Total assets ($M) Participants United Bankshares, Inc. Pension Plan, Total assets ($M): 165.319511 · Participants: 344United Bankshares, Inc. Pension PlanWest Virginia Laborers Pension Trust Fund, Total assets ($M): 501.727963 · Participants: 2131West Virginia Laborers Pension Trust FundI.U.O.E. Local 132 Pension Fund, Total assets ($M): 492.255027 · Participants: 1691I.U.O.E. Local 132 Pension FundUnited Mine Workers of America 1985 Construction Workers Pension Plan, Total assets ($M): 431.832443 · Participants: 243United Mine Workers of America 1985 Construction Workers Pension PlanEmployer - Teamsters Local Nos 175&505 Pension Trust Fund, Total assets ($M): 386.103888 · Participants: 1435Employer - Teamsters Local Nos 175&505 Pension Trust FundCarpenters Pension Fund of West Virginia, Total assets ($M): 275.717491 · Participants: 1310Carpenters Pension Fund of West Virginia
United Bankshares, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants
Compare United Bankshares, Inc. Pension Plan side-by-side with 3 peers →

United Bankshares, Inc. Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside West Virginia, the nearest Defined Benefit (Pension) by assets is Spire Missouri Employees' Retirement Plan in MO ($165M); by covered participants it is Buzzi Unicem USA Inc. Hourly Pension Plan in PA (344 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($165M here).

Similar participant headcount

Nearest other-state filings by covered participants (344 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did United Bankshares, Inc. Pension Plan assets move in 2022? ▼
United Bankshares, Inc. Pension Plan declined sharply - down 21.4% during 2022, from $210M to $165M. Reported net income was -$45M.
How have United Bankshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), United Bankshares, Inc.'s sponsor-wide assets grew 17.6%, from $367M to $432M.
Where does United Bankshares, Inc. Pension Plan rank by assets among Form 5500 filers? ▼
United Bankshares, Inc. Pension Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to United Bankshares, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Spire Missouri Employees' Retirement Plan in MO ($165M, 1,982 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to United Bankshares, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Buzzi Unicem USA Inc. Hourly Pension Plan in PA (344 participants, $102M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 550641179.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.