Defined Benefit (Pension) · DOL Form 5500 · 2022
United Fire & Casualty Co Pension Plan
Data updated 2026-08-11
- $230M
- Total assets
- 835
- Participants
- 96th
- Percentile by assets
- $275,091
- Avg per participant
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.
- 96th percentile by assets (of 139,126 plans)
- #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.
- $230M
- total plan assets (2022 EOY)
- 835
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $275,091
- avg assets per participant
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 vs the 2022 asset distribution
By assets, United Pension Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $288M |
|---|---|
| Net Assets (End of Year) | $230M |
| Net Income | -$58M |
| Employer EIN | 420644327 |
| Plan Effective Date | 1966-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (United Fire & Casualty Co)
| 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
- Transamerica Pension Plan $2.2B · 6,789
- Principal Cash Balance Plan $1.5B · 11,788
- Midamerican Energy Company Retirement Plan $490M · 3,321
- Employers Mutual Casualty Company Retirement Plan $321M · 2,037
- Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. $287M · 1,641
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to United Pension Plan by total assets, not by location.
- Shaws Supermarkets, Inc. Pension Plan for Union Employees (ID) $230M · 5,165
- Sw Oh Regional Council of Carpenters Pension Plan (MI) $230M · 1,552
- Tdk U. S. a. Corporation Retirement Plan (NY) $229M · 507
- Alaska Airlines, Inc., Retirement Plan for Clerical Office & Psgr Service Employees (WA) $229M · 865
Frequently Asked Questions
How did United Pension Plan assets move in 2022? ▼
How have United Fire & Casualty Co plan assets changed over time? ▼
Where does United Pension Plan rank by assets among Form 5500 filers? ▼
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Next read for United Pension Plan
Scale reading
Ways to act on United Pension Plan's numbers.
- By total assets, United 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 Iowa. Compare plans
- United Fire & Casualty Co's sponsor-wide assets have grown 5.3% since 2022 across 3 plan years on file. More Finance & Insurance plans