Defined Benefit (Pension) · DOL Form 5500 · 2024

United Bankshares, Inc. Pension Plan

Data updated 2026-08-25

$183M
Total assets Near avg plan size
280
Participants Below avg headcount
94th
Percentile by assets National rank
$653,695
Avg per participant High balance/head
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Official DOL plan name: United Bankshares, Inc. Pension Plan · Sponsored by United Bankshares, Inc. · West Virginia · Finance & Insurance

$183M in assets, 280 participants

United Bankshares, Inc.'s United Bankshares, Inc. Pension Plan reported $183M in total assets and 280 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #7,724 in Finance & Insurance (8,549 peers)

Where United Bankshares, Inc. Pension Plan sits by assets

United Bankshares, Inc. Pension Plan sits in the top 10% of all filed plans by assets, $183M for 280 participants (~$653,695/participant), up 5.3% in 2024.

#7,724
in Finance & Insurance (8,549 peers)
+5.3%
assets growth YoY
1.8×
vs typical plan assets (national mean)

United Bankshares, Inc. Pension Plan's outsized position by total assets

United Bankshares, Inc. Pension Plan vs every filed plan by assets

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

$183,034,603 Top 6% higher than 94% 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. Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. United Bankshares, Inc. Pension Plan sits mid-pack in the medium band (280 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • United Bankshares, Inc. Pension Plan reported participants fell from 310 in the plan year 2023 filing to 280 in the plan year 2024 filing.
  • United Bankshares, Inc. Pension Plan reported net income rose from $9M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • United Bankshares, Inc. Pension Plan end-of-year assets rose from $174M in the plan year 2023 filing to $183M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 550641179 · United Bankshares, Inc. PY 2024 · Defined Benefit (Pension)

United Bankshares, Inc. Pension Plan · $183M · 280 · 94th

  • BOY $183M
  • SCH 280
  • EBSA 94th
  • PART Defined Benefit (Pension)
  • TYPE near Minerals Technologies Inc. Retirement Plan
  • NET ind #7724

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. Pension Plan in the asset neighbourhood

Cic-Toc Pension Plan$184MHarsco Employees Pension Plan$184MMagellan Pension Plan$183MUnited Bankshares, Inc. Pension PlanUnited Bankshares, Inc. Pens…$183MMinerals Technologies Inc. Retirement PlanMinerals Technologies Inc. R…$183M
End-of-year total assets ($M) among United Bankshares, Inc. Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$174M
Net Assets (End of Year)$183M
Net Income$9M
Employer EIN550641179
Plan Effective Date1962-10-15
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 Defined Benefit (Pension) Plans in West Virginia

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

United Bankshares, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. 05001000150020002500 100200300400500600 Total assets ($M) Participants United Bankshares, Inc. Pension Plan, Total assets ($M): 183.034603 · Participants: 280United Bankshares, Inc. Pension PlanWest Virginia Laborers Pension Trust Fund, Total assets ($M): 569.974961 · Participants: 2390West Virginia Laborers Pension Trust FundI.U.O.E. Local 132 Pension Fund, Total assets ($M): 559.321763 · Participants: 1858I.U.O.E. Local 132 Pension FundUnited Mine Workers of America 1985 Construction Workers Pension Plan, Total assets ($M): 469.568711 · Participants: 197United Mine Workers of America 1985 Construction Workers Pension PlanEmployer - Teamsters Local Nos 175 & 505 Pension Trust Fund, Total assets ($M): 452.81905 · Participants: 1685Employer - Teamsters Local Nos 175 & 505 Pension Trust FundMaryland Electrical Industry Pension Plan, Total assets ($M): 289.43837 · Participants: 1784Maryland Electrical Industry Pension Plan
United Bankshares, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants
Compare United Bankshares, Inc. Pension Plan side-by-side with 3 peers →

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

Outside West Virginia, the nearest Defined Benefit (Pension) by assets is Minerals Technologies Inc. Retirement Plan in NY ($183M); by covered participants it is Macdermid, Incorporated Employees' Pension Plan in CT (280 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($183M here).

Similar participant headcount

Nearest other-state filings by covered participants (280 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. Pension Plan assets move in 2024? ▼
United Bankshares, Inc. Pension Plan grew at a solid clip - up 5.3% during 2024, from $174M to $183M. Reported net income was $9M.
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. Pension Plan rank by assets among Form 5500 filers? ▼
United Bankshares, Inc. Pension Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to United Bankshares, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Minerals Technologies Inc. Retirement Plan in NY ($183M, 306 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to United Bankshares, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Macdermid, Incorporated Employees' Pension Plan in CT (280 participants, $164M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 550641179.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.