Defined Benefit (Pension) · DOL Form 5500 · 2022

United Fire & Casualty Co Pension Plan

Data updated 2026-08-25

$230M
Total assets Near avg plan size
835
Participants Near avg headcount
96th
Percentile by assets National rank
$275,091
Avg per participant High balance/head
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Official DOL plan name: United Pension Plan · Sponsored by United Fire & Casualty Co · Iowa · Finance & Insurance

$230M in assets, 835 participants

United Fire & Casualty Co's United Pension Plan reported $230M in total assets and 835 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,639 in Finance & Insurance (9,261 peers)

Where United Pension Plan sits by assets

United Pension Plan sits in the top 5% of all filed plans by assets, $230M for 835 participants (~$275,091/participant), down 20.2% in 2022.

#8,639
in Finance & Insurance (9,261 peers)
-20.2%
assets change YoY
2.3×
vs typical plan assets (national mean)

The plan reported a net loss of $58M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

United Pension Plan's outsized position by total assets

United Pension Plan vs every filed plan by assets

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

$229,700,648 Top 4% higher than 96% 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 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 Pension Plan sits mid-pack in the medium band (835 participants).

Form 5500 schedule snapshot

Filing strip 420644327 · United Fire & Casualty Co PY 2022 · Defined Benefit (Pension)

United Pension Plan · $230M · 835 · 96th

  • EOY $230M
  • 5500 835
  • ASSETS 96th
  • PCT Defined Benefit (Pension)
  • EIN near Shaws Supermarkets, Inc. Pension Plan for Union Employees
  • RANK ind #8639

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 Iowa →

United Pension Plan in the asset neighbourhood

Sw Oh Regional Council of Carpenters Pension PlanSw Oh Regional Council of Ca…$230MShaws Supermarkets, Inc. Pension Plan for Union EmployeesShaws Supermarkets, Inc. Pen…$230MUnited Pension Plan$230MTdk U. S. a. Corporation Retirement PlanTdk U. S. a. Corporation Ret…$229MAlaska Airlines, Inc., Retirement Plan for Clerical Office & Psgr Service EmployeesAlaska Airlines, Inc., Retir…$229M
End-of-year total assets ($M) among United 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)$288M
Net Assets (End of Year)$230M
Net Income-$58M
Employer EIN420644327
Plan Effective Date1966-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Fire & Casualty Co)

Sponsor-wide plan assets over time

All United Fire & Casualty Co plans reported in each filing year

Latest sponsor-wide plan assets
$391M 5.3227911057036374% vs 2022
2024 filing year
$360M$380M$400M$420M 202220232024 $372M $391M ▲ +5.3%
Year Plans Participants Total Assets
2022 2 1,912 $372M
2023 2 1,819 $415M
2024 2 1,490 $391M

Nearby Defined Benefit (Pension) Plans in Iowa

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

United Pension Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants Scatter plot of 6 data points. 050001000015000 00.511.522.5 Total assets ($B) Participants United Pension Plan, Total assets ($B): 0.229700648 · Participants: 835United Pension PlanTransamerica Pension Plan, Total assets ($B): 2.230658092 · Participants: 6789Transamerica Pension PlanPrincipal Cash Balance Plan, Total assets ($B): 1.549488797 · Participants: 11788Principal Cash Balance PlanMidamerican Energy Company Retirement Plan, Total assets ($B): 0.490129749 · Participants: 3321Midamerican Energy Company Retirement PlanEmployers Mutual Casualty Company Retirement Plan, Total assets ($B): 0.320738549 · Participants: 2037Employers Mutual Casualty Company Retirement PlanNon-Contributory Retirement Program for Certain Employees of Wellmark, Inc., Total assets ($B): 0.286934779 · Participants: 1641Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.
United Pension Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants

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

Outside Iowa, the nearest Defined Benefit (Pension) by assets is Shaws Supermarkets, Inc. Pension Plan for Union Employees in ID ($230M); by covered participants it is United Association Local 7 Pension Plan in NY (835 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (835 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 Pension Plan assets move in 2022? ▼
United Pension Plan declined sharply - down 20.2% during 2022, from $288M to $230M. Reported net income was -$58M.
How have United Fire & Casualty Co plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), United Fire & Casualty Co's sponsor-wide assets grew 5.3%, from $372M to $391M.
Where does United Pension Plan rank by assets among Form 5500 filers? ▼
United Pension Plan ranks in the 96th 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 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Shaws Supermarkets, Inc. Pension Plan for Union Employees in ID ($230M, 5,165 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to United Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is United Association Local 7 Pension Plan in NY (835 participants, $226M in assets).