United Pension Plan — Form 5500 plan (United Fire & Casualty Co)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, United Pension Plan is a benefit plan reported by United Fire & Casualty Co under EIN 42-0644327 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,004 participants and $263,906,123 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$263.9MPlan net assets, end of year$263,906,123
Participants2KCovered participants reported2,004
Assets / participant$131.7KComputed: assets ÷ participants$131,690 (computed)
Provider compensation$32.8K2 Schedule C provider row(s)$32,750
Plan sponsor
United Fire & Casualty Co
EIN
42-0644327
Plan number
001
Plan type
2
Location
Cedar Rapids, IA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,004H, C20241011120153NAL0010893907001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$263.9M total assets
Net assets$263.9MLiabilities$0
Money in vs. money out
Total income / additions$43.2M
Total expenses$9M
Benefits paid / distributions$8.8M
Full reported line items

Net assets

Total assets (EOY)
$263,906,123
Total liabilities (EOY)
$0
Net assets (EOY)
$263,906,123
Net assets (BOY)
$229,700,648

Income & contributions

Total contributions
$0
Total income / additions
$43,247,305

Expenses & distributions

Benefits paid
$8,830,974
Administrative expenses
$210,856
Total expenses
$9,041,830
Net increase / (decrease)
$34,205,475
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income20%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Commonwealth Financial NINVESTMENT ADVISORY$3,875$25,0002023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$3,875$02023

Related Form 5500 pages