401(k) · DOL Form 5500 · 2022

United Bankshares, Inc. 401(k) Plan

Data updated 2026-08-11

$202M
Total assets
2,978
Participants
96th
Percentile by assets
$67,721
Avg per participant
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Official DOL plan name: United Bankshares, Inc. Savings and Stock Investment Plan · Sponsored by United Bankshares, Inc. · West Virginia · Finance & Insurance

$202M in assets, 2,978 participants

United Bankshares, Inc.'s United Bankshares, Inc. Savings and Stock Investment Plan reported $202M in total assets and 2,978 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)
  • #8,575 in Finance & Insurance (9,261 peers)

Coverage in West Virginia

United Bankshares, Inc. Savings and Stock Investment Plan covers 2,978 participants in West Virginia, 6.4x the typical West Virginia plan (state average ~467 per filing). Assets: $202M.

$202M
total plan assets (2022 EOY)
2,978
covered participants
96th
percentile by assets (of 139,126 plans)
$67,721
avg assets per participant

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs West Virginia filers

In West Virginia, the average filing covers about 467 participants across 380 plans. United Bankshares, Inc. Savings and Stock Investment Plan reports 2,978 participants - 6.4x that state average ($202M EOY assets).

West Virginia filing particulars

Total Assets (Beginning of Year)$206M
Net Assets (End of Year)$202M
Net Income-$5M
Employer EIN550641179
Plan Effective Date1989-12-29
Filing StatusFILING RECEIVED

Sponsor Plan History (United Bankshares, Inc.)

$360M$380M$400M$420M$440M 202220232024 $367M $432M ▲ +17.6%
Total plan assets by year, all United Bankshares, Inc. plans on file
Year Plans Participants Total Assets
2022 2 3,322 $367M
2023 2 3,050 $402M
2024 2 2,841 $432M

Nearby 401(k) Plans in West Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

United Bankshares, Inc. Savings and Stock Investment Plan vs. nearby 401(k) plans in West Virginia, assets vs. participants

United Bankshares, Inc. Savings and Stock Investment Plan vs. nearby 401(k) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 02004006008001000 Total assets ($M) Participants United Bankshares, I…Orrick, Herrington &…Camc Health System B…American Public Educ…Wesbanco, Inc. KsopSteptoe & Johnson PL…
United Bankshares, Inc. Savings and Stock Investment Plan vs. nearby 401(k) plans in West Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to United Bankshares, Inc. Savings and Stock Investment Plan by total assets, not by location.

Frequently Asked Questions

How did United Bankshares, Inc. Savings and Stock Investment Plan assets move in 2022?
United Bankshares, Inc. Savings and Stock Investment Plan edged down modestly - down 2.3% during 2022, from $206M to $202M. Reported net income was -$5M.
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. Savings and Stock Investment Plan rank by assets among Form 5500 filers?
United Bankshares, Inc. Savings and Stock Investment 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 401(k) plans are similar in size to United Bankshares, Inc. Savings and Stock Investment Plan?
Among 401(k) plans in other states, the closest by assets is Cable One 401(k) Plan in AZ ($202M, 2,972 participants).

Next read for United Bankshares, Inc. Savings and Stoc…

Filing takeaways

Ways to act on United Bankshares, Inc. Savings and Stock Investment Plan's numbers.

  • By total assets, United Bankshares, Inc. Savings and Stock Investment Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) 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