401(k) · DOL Form 5500 · 2024

United Bankshares, Inc. 401(k) Plan

Data updated 2026-08-25

$249M
Total assets Near avg plan size
2,561
Participants Above avg headcount
95th
Percentile by assets National rank
$97,116
Avg per participant Below avg balance/head
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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

$249M in assets, 2,561 participants

United Bankshares, Inc.'s United Bankshares, Inc. Savings and Stock Investment Plan reported $249M in total assets and 2,561 participants in its 2024 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.

  • #7,872 in Finance & Insurance (8,549 peers)

Coverage in West Virginia

United Bankshares, Inc. Savings and Stock Investment Plan covers 2,561 participants in West Virginia, 5.5x the typical West Virginia plan (state average ~467 per filing). Assets: $249M.

#7,872
in Finance & Insurance (8,549 peers)
+9.1%
assets growth YoY
2.5×
vs typical plan assets (national mean)

United Bankshares, Inc. Savings and Stock Investment Plan's outsized position by total assets

United Bankshares, Inc. Savings and Stock Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$248,714,300 Top 5% higher than 95% of 123,620 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 2024

United Bankshares, Inc. Savings and Stock Investment Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. United Bankshares, Inc. Savings and Stock Investment Plan lands in the large band (2,561 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • United Bankshares, Inc. Savings and Stock Investment Plan reported net income fell from $26M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • United Bankshares, Inc. Savings and Stock Investment Plan end-of-year assets rose from $228M in the plan year 2023 filing to $249M in the plan year 2024 filing.
  • United Bankshares, Inc. Savings and Stock Investment Plan reported participants fell from 2,740 in the plan year 2023 filing to 2,561 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 550641179 · United Bankshares, Inc. PY 2024 · 401(k)

United Bankshares, Inc. Savings and Stock Investment Plan · $249M · 2,561 · 95th

  • RANK $249M
  • PHOTO 2,561
  • IND 95th
  • EOY 401(k)
  • 5500 near A-Dec, Inc. 401(k) Profit Sharing Retirement Plan
  • ASSETS ind #7872

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. Savings and Stock Investment Plan in the asset neighbourhood

Titan Machinery Inc. 401(k) Profit Sharing PlanTitan Machinery Inc. 401(k) …$249MCort 401(k) Retirement Savings PlanCort 401(k) Retirement Savin…$249MA-Dec, Inc. 401(k) Profit Sharing Retirement PlanA-Dec, Inc. 401(k) Profit Sh…$249MUnited Bankshares, Inc. Savings and Stock Investment PlanUnited Bankshares, Inc. Savi…$249MSotheby's, Inc. Retirement Savings PlanSotheby's, Inc. Retirement S…$249M
End-of-year total assets ($M) among United Bankshares, Inc. Savings and Stock Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

West Virginia filing particulars

Total Assets (Beginning of Year)$228M
Net Assets (End of Year)$249M
Net Income$21M
Employer EIN550641179
Plan Effective Date1989-12-29
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 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 Scatter plot of 6 data points. -200002000400060008000 00.511.5 Total assets ($B) Participants United Bankshares, Inc. Savings and Stock Investment Plan, Total assets ($B): 0.2487143 · Participants: 2561United Bankshares, Inc. Savings and Stock Investment PlanOrrick, Herrington & Sutcliffe LLP Retirement Plan, Total assets ($B): 1.177090773 · Participants: 1845Orrick, Herrington & Sutcliffe LLP Retirement PlanVandalia Health System 401(k) Retirement Savings P, Total assets ($B): 0.852839622 · Participants: 0Vandalia Health System 401(k) Retirement Savings PAmerican Public Education Retirement Plan, Total assets ($B): 0.303164024 · Participants: 5717American Public Education Retirement PlanWest Virginia University Health System 401(k) Plan, Total assets ($B): 0.255427542 · Participants: 4549West Virginia University Health System 401(k) PlanWesbanco, Inc. 401(k) Plan, Total assets ($B): 0.238159731 · Participants: 2598Wesbanco, Inc. 401(k) Plan
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's out-of-state 401(k) peers by assets and headcount

Outside West Virginia, the nearest 401(k) by assets is A-Dec, Inc. 401(k) Profit Sharing Retirement Plan in OR ($249M); by covered participants it is Covestro LLC Savings and Retirement Plan in PA (2,561 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($249M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,561 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did United Bankshares, Inc. Savings and Stock Investment Plan assets move in 2024?
United Bankshares, Inc. Savings and Stock Investment Plan grew at a solid clip - up 9.1% during 2024, from $228M to $249M. Reported net income was $21M.
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 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 A-Dec, Inc. 401(k) Profit Sharing Retirement Plan in OR ($249M, 1,249 participants).
Which 401(k) plans cover a similar participant headcount to United Bankshares, Inc. Savings and Stock Investment Plan?
Among 401(k) plans in other states, the closest by covered participants is Covestro LLC Savings and Retirement Plan in PA (2,561 participants, $1.6B in assets).