United Bankshares, Inc. Savings And Stock Investment Plan — Form 5500 plan (United Bankshares, Inc.)
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 Bankshares, Inc. Savings And Stock Investment Plan is a benefit plan reported by United Bankshares, Inc. under EIN 55-0641179 and plan number 003. The latest loaded filing year is 2023. The filing reports 3,537 participants and $227,919,168 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- United Bankshares, Inc.
- EIN
- 55-0641179
- Plan number
- 003
- Plan type
- 2
- Location
- Parkersburg, WV
- Latest filing year
- 2023
- Participants
- 3,537
- End-of-year plan assets
- $227,919,168
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,537 | H, C | 20240702092802NAL0003411811001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $227,919,168
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $227,919,168
- Net assets (BOY)
- $201,672,584
Income & contributions
- Employer contributions
- $7,642,920
- Participant contributions
- $12,831,603
- Total contributions
- $21,192,070
- Total income / additions
- $44,605,720
Expenses & distributions
- Benefits paid
- $17,813,015
- Administrative expenses
- $282,401
- Total expenses
- $18,359,136
- Net increase / (decrease)
- $26,246,584
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $172,706 | $0 | 2023 |
| United Bank | TRUSTEE | $57,598 | not reported in the loaded dataset | 2023 |
| Capfinancial Partners LLC Dba Captr | INVESTMENT ADVISOR | $38,789 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $13,008 | not reported in the loaded dataset | 2023 |
| Qdro Consultants Co LLC | CONSULTING | $300 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for United Bankshares, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in WV
- 401(k) and benefit plan filings in Parkersburg, WV
- Empower Annuity Insurance Company O — Schedule C compensation
- United Bank — Schedule C compensation
- Capfinancial Partners LLC Dba Captr — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Qdro Consultants Co LLC — Schedule C compensation