Defined Benefit (Pension) · DOL Form 5500 · 2023
United Fire & Casualty Co Pension Plan
Data updated 2026-08-11
- $264M
- Total assets
- 723
- Participants
- 96th
- Percentile by assets
- $365,015
- Avg per participant
Official DOL plan name: United Pension Plan · Sponsored by United Fire & Casualty Co · Iowa · Finance & Insurance
$264M in assets, 723 participants
United Fire & Casualty Co's United Pension Plan reported $264M in total assets and 723 participants in its 2023 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 127,072 plans)
- #8,247 in Finance & Insurance (8,869 peers)
Where United Pension Plan sits by assets
United Pension Plan sits in the top 5% of all filed plans by assets, $264M for 723 participants (~$365,015/participant), up 14.9% in 2023.
- $264M
- total plan assets (2023 EOY)
- 723
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $365,015
- avg assets per participant
Where United Pension Plan sits by total assets
United Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$263,906,123 Top 4% higher than 96% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- United Pension Plan reported net income rose from -$58M in the plan year 2022 filing to $34M in the plan year 2023 filing.
- United Pension Plan end-of-year assets rose from $230M in the plan year 2022 filing to $264M in the plan year 2023 filing.
- United Pension Plan reported participants fell from 835 in the plan year 2022 filing to 723 in the plan year 2023 filing.
United Pension Plan vs the 2023 asset distribution
By assets, United Pension Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $230M |
|---|---|
| Net Assets (End of Year) | $264M |
| Net Income | $34M |
| 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 $2.3B · 6,519
- Principal Cash Balance Plan $1.7B · 12,492
- Midamerican Energy Company Retirement Plan $516M · 3,002
- Employers Mutual Casualty Company Retirement Plan $347M · 1,835
- Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. $297M · 1,474
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.
- Ua Local 190 Pension Plan (MI) $264M · 1,205
- Retirement Program Plan for Employees of United States Enrichment Corporation (MD) $264M · 63
- The Atlanticare Health System, Inc. Pension Plan (NJ) $265M · 1,222
- Metropolitan Opera Association Retirement Plan (NY) $265M · 717
Frequently Asked Questions
How did United Pension Plan assets move in 2023? ▼
How have United Fire & Casualty Co plan assets changed over time? ▼
Where does United Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to United Pension Plan? ▼
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