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Plan Name | UNITED BANKSHARES, INC. PENSION PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
|
Company Name: | UNITED BANKSHARES, INC. |
Employer identification number (EIN): | 550641179 |
NAIC Classification: | 522110 |
NAIC Description: | Commercial Banking |
Additional information about UNITED BANKSHARES, INC.
Jurisdiction of Incorporation: | Florida Department of State Division of Corporations |
Incorporation Date: | 1980-11-12 |
Company Identification Number: | F06235 |
Legal Registered Office Address: |
1399 S.W. 1ST AVENUE MIAMI 33130 |
More information about UNITED BANKSHARES, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2022-01-01 | GENEVA SAMPSON | 2023-10-16 | ||
001 | 2021-01-01 | HAROLD MANNER | 2022-10-13 | ||
001 | 2020-01-01 | HAROLD MANNER | 2021-10-14 | ||
001 | 2019-01-01 | HAROLD MANNER | 2020-10-13 | ||
001 | 2018-01-01 | HAROLD MANNER | 2019-10-11 | ||
001 | 2017-01-01 | ||||
001 | 2016-01-01 | ||||
001 | 2016-01-01 | ||||
001 | 2015-01-01 | ||||
001 | 2015-01-01 | ||||
001 | 2014-01-01 | HAROLD F. MANNER | |||
001 | 2013-01-01 | FILED WITH AN AUTHORIZED SIGNATURE | |||
001 | 2012-01-01 | FILED WITH AUTHORIZED SIGNATURE | |||
001 | 2011-01-01 | BARBARA LITTLE | |||
001 | 2009-01-01 | JACK C. STOKES |
Measure | Date | Value |
---|---|---|
2022: UNITED BANKSHARES, INC. PENSION PLAN 2022 401k membership | ||
Market value of plan assets | 2022-12-31 | 210,287,445 |
Acturial value of plan assets | 2022-12-31 | 198,111,541 |
Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 64,098,100 |
Number of terminated vested participants | 2022-12-31 | 405 |
Fundng target for terminated vested participants | 2022-12-31 | 13,571,927 |
Active participant vested funding target | 2022-12-31 | 50,969,081 |
Number of active participants | 2022-12-31 | 344 |
Total funding liabilities for active participants | 2022-12-31 | 51,540,323 |
Total participant count | 2022-12-31 | 1,585 |
Total funding target for all participants | 2022-12-31 | 129,210,350 |
Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 6,269,621 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 55,086,482 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 3,607,454 |
Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 0 |
Amount remaining of carryover balance | 2022-12-31 | 2,662,167 |
Amount remaining of prefunding balance | 2022-12-31 | 55,086,482 |
Present value of excess contributions | 2022-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 0 |
Balance of carryovers at beginning of current year | 2022-12-31 | 2,997,068 |
Balance of prefunding at beginning of current year | 2022-12-31 | 62,016,361 |
Total employer contributions | 2022-12-31 | 0 |
Total employee contributions | 2022-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 0 |
Liquidity shortfalls end of Q1 | 2022-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2022-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2022-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2022-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-12-31 | 3,497,880 |
Net shortfall amortization installment of oustanding balance | 2022-12-31 | 0 |
Waiver amortization installment | 2022-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Additional cash requirement | 2022-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
Total participants, beginning-of-year | 2022-01-01 | 1,582 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 310 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 478 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 383 |
Total of all active and inactive participants | 2022-01-01 | 1,171 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 41 |
Total participants | 2022-01-01 | 1,212 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
2021: UNITED BANKSHARES, INC. PENSION PLAN 2021 401k membership | ||
Market value of plan assets | 2021-12-31 | 193,022,332 |
Acturial value of plan assets | 2021-12-31 | 180,093,569 |
Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 63,099,620 |
Number of terminated vested participants | 2021-12-31 | 421 |
Fundng target for terminated vested participants | 2021-12-31 | 14,482,740 |
Active participant vested funding target | 2021-12-31 | 53,374,774 |
Number of active participants | 2021-12-31 | 377 |
Total funding liabilities for active participants | 2021-12-31 | 53,903,903 |
Total participant count | 2021-12-31 | 1,606 |
Total funding target for all participants | 2021-12-31 | 131,486,263 |
Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 8,883,689 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 49,259,127 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-12-31 | 3,277,303 |
Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 0 |
Amount remaining of carryover balance | 2021-12-31 | 5,606,386 |
Amount remaining of prefunding balance | 2021-12-31 | 49,259,127 |
Present value of excess contributions | 2021-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
Balance of carryovers at beginning of current year | 2021-12-31 | 6,269,621 |
Balance of prefunding at beginning of current year | 2021-12-31 | 55,086,482 |
Total employer contributions | 2021-12-31 | 0 |
Total employee contributions | 2021-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 0 |
Liquidity shortfalls end of Q1 | 2021-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2021-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2021-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2021-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2021-12-31 | 3,607,454 |
Net shortfall amortization installment of oustanding balance | 2021-12-31 | 0 |
Waiver amortization installment | 2021-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 3,607,454 |
Carryover balance elected to use to offset funding requirement | 2021-12-31 | 3,607,454 |
Prefunding balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Additional cash requirement | 2021-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
Total participants, beginning-of-year | 2021-01-01 | 1,603 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 344 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 772 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 390 |
Total of all active and inactive participants | 2021-01-01 | 1,506 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 76 |
Total participants | 2021-01-01 | 1,582 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
2020: UNITED BANKSHARES, INC. PENSION PLAN 2020 401k membership | ||
Market value of plan assets | 2020-12-31 | 178,839,742 |
Acturial value of plan assets | 2020-12-31 | 171,071,938 |
Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 56,585,001 |
Number of terminated vested participants | 2020-12-31 | 431 |
Fundng target for terminated vested participants | 2020-12-31 | 14,322,854 |
Active participant vested funding target | 2020-12-31 | 48,498,387 |
Number of active participants | 2020-12-31 | 404 |
Total funding liabilities for active participants | 2020-12-31 | 48,938,216 |
Total participant count | 2020-12-31 | 1,624 |
Total funding target for all participants | 2020-12-31 | 119,846,071 |
Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 10,313,940 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 40,801,066 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-12-31 | 2,955,629 |
Prefunding balanced used to offset prior years funding requirement | 2020-12-31 | 0 |
Amount remaining of carryover balance | 2020-12-31 | 7,358,311 |
Amount remaining of prefunding balance | 2020-12-31 | 40,801,066 |
Present value of excess contributions | 2020-12-31 | 17,909,620 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 19,361,241 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-12-31 | 0 |
Balance of carryovers at beginning of current year | 2020-12-31 | 8,883,689 |
Balance of prefunding at beginning of current year | 2020-12-31 | 49,259,127 |
Total employer contributions | 2020-12-31 | 0 |
Total employee contributions | 2020-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-12-31 | 0 |
Liquidity shortfalls end of Q1 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2020-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2020-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2020-12-31 | 3,277,303 |
Net shortfall amortization installment of oustanding balance | 2020-12-31 | 0 |
Waiver amortization installment | 2020-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 3,277,303 |
Carryover balance elected to use to offset funding requirement | 2020-12-31 | 3,277,303 |
Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Additional cash requirement | 2020-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
Total participants, beginning-of-year | 2020-01-01 | 1,622 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 377 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 746 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 406 |
Total of all active and inactive participants | 2020-01-01 | 1,529 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 75 |
Total participants | 2020-01-01 | 1,604 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 0 |
2019: UNITED BANKSHARES, INC. PENSION PLAN 2019 401k membership | ||
Market value of plan assets | 2019-12-31 | 137,407,825 |
Acturial value of plan assets | 2019-12-31 | 144,935,933 |
Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 54,551,923 |
Number of terminated vested participants | 2019-12-31 | 447 |
Fundng target for terminated vested participants | 2019-12-31 | 13,534,520 |
Active participant vested funding target | 2019-12-31 | 44,197,099 |
Number of active participants | 2019-12-31 | 428 |
Total funding liabilities for active participants | 2019-12-31 | 44,955,777 |
Total participant count | 2019-12-31 | 1,646 |
Total funding target for all participants | 2019-12-31 | 113,042,220 |
Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 13,884,172 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 42,804,308 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-12-31 | 3,063,840 |
Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 0 |
Amount remaining of carryover balance | 2019-12-31 | 10,820,332 |
Amount remaining of prefunding balance | 2019-12-31 | 42,804,308 |
Present value of excess contributions | 2019-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 0 |
Balance of carryovers at beginning of current year | 2019-12-31 | 10,313,940 |
Balance of prefunding at beginning of current year | 2019-12-31 | 40,801,066 |
Total employer contributions | 2019-12-31 | 20,000,000 |
Total employee contributions | 2019-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 18,255,430 |
Liquidity shortfalls end of Q1 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2019-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2019-12-31 | 3,301,439 |
Net shortfall amortization installment of oustanding balance | 2019-12-31 | 0 |
Waiver amortization installment | 2019-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 3,301,439 |
Carryover balance elected to use to offset funding requirement | 2019-12-31 | 2,955,629 |
Prefunding balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Additional cash requirement | 2019-12-31 | 345,810 |
Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 18,255,430 |
Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
Total participants, beginning-of-year | 2019-01-01 | 1,646 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 404 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 729 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 415 |
Total of all active and inactive participants | 2019-01-01 | 1,548 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 76 |
Total participants | 2019-01-01 | 1,624 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 0 |
2018: UNITED BANKSHARES, INC. PENSION PLAN 2018 401k membership | ||
Market value of plan assets | 2018-12-31 | 149,376,029 |
Acturial value of plan assets | 2018-12-31 | 141,934,469 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 50,221,637 |
Number of terminated vested participants | 2018-12-31 | 464 |
Fundng target for terminated vested participants | 2018-12-31 | 13,706,379 |
Active participant vested funding target | 2018-12-31 | 41,863,826 |
Number of active participants | 2018-12-31 | 470 |
Total funding liabilities for active participants | 2018-12-31 | 42,629,470 |
Total participant count | 2018-12-31 | 1,669 |
Total funding target for all participants | 2018-12-31 | 106,557,486 |
Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 22,297,187 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 37,439,262 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2018-12-31 | 2,651,481 |
Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 0 |
Amount remaining of carryover balance | 2018-12-31 | 19,645,706 |
Amount remaining of prefunding balance | 2018-12-31 | 37,439,262 |
Present value of excess contributions | 2018-12-31 | 6,520,553 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 7,131,881 |
Reductions in caryover balances due to elections or deemed elections | 2018-12-31 | 8,576,764 |
Balance of carryovers at beginning of current year | 2018-12-31 | 13,884,172 |
Balance of prefunding at beginning of current year | 2018-12-31 | 42,804,308 |
Total employer contributions | 2018-12-31 | 0 |
Total employee contributions | 2018-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 0 |
Liquidity shortfalls end of Q1 | 2018-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2018-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2018-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2018-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2018-12-31 | 3,063,840 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 0 |
Waiver amortization installment | 2018-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 3,063,840 |
Carryover balance elected to use to offset funding requirement | 2018-12-31 | 3,063,840 |
Prefunding balance elected to use to offset funding requirement | 2018-12-31 | 0 |
Additional cash requirement | 2018-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
Total participants, beginning-of-year | 2018-01-01 | 1,669 |
Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 428 |
Number of retired or separated participants receiving benefits | 2018-01-01 | 715 |
Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 426 |
Total of all active and inactive participants | 2018-01-01 | 1,569 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 77 |
Total participants | 2018-01-01 | 1,646 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 0 |
2017: UNITED BANKSHARES, INC. PENSION PLAN 2017 401k membership | ||
Market value of plan assets | 2017-12-31 | 129,400,139 |
Acturial value of plan assets | 2017-12-31 | 130,842,278 |
Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 46,394,588 |
Number of terminated vested participants | 2017-12-31 | 485 |
Fundng target for terminated vested participants | 2017-12-31 | 13,949,103 |
Active participant vested funding target | 2017-12-31 | 34,808,965 |
Number of active participants | 2017-12-31 | 480 |
Total funding liabilities for active participants | 2017-12-31 | 35,619,802 |
Total participant count | 2017-12-31 | 1,684 |
Total funding target for all participants | 2017-12-31 | 95,963,493 |
Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 22,817,670 |
Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 25,554,247 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2017-12-31 | 2,456,802 |
Amount remaining of carryover balance | 2017-12-31 | 20,360,868 |
Amount remaining of prefunding balance | 2017-12-31 | 25,554,247 |
Present value of excess contributions | 2017-12-31 | 8,828,058 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 9,454,806 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 9,454,806 |
Balance of carryovers at beginning of current year | 2017-12-31 | 22,297,187 |
Balance of prefunding at beginning of current year | 2017-12-31 | 37,439,262 |
Total employer contributions | 2017-12-31 | 7,000,000 |
Total employee contributions | 2017-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 6,587,177 |
Liquidity shortfalls end of Q1 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2017-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2017-12-31 | 2,718,105 |
Net shortfall amortization installment of oustanding balance | 2017-12-31 | 0 |
Waiver amortization installment | 2017-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 2,718,105 |
Carryover balance elected to use to offset funding requirement | 2017-12-31 | 2,651,481 |
Prefunding balance elected to use to offset funding requirement | 2017-12-31 | 0 |
Additional cash requirement | 2017-12-31 | 66,624 |
Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 6,587,177 |
Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
Total participants, beginning-of-year | 2017-01-01 | 1,684 |
Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 470 |
Number of retired or separated participants receiving benefits | 2017-01-01 | 681 |
Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 443 |
Total of all active and inactive participants | 2017-01-01 | 1,594 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 75 |
Total participants | 2017-01-01 | 1,669 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 0 |
2016: UNITED BANKSHARES, INC. PENSION PLAN 2016 401k membership | ||
Market value of plan assets | 2016-12-31 | 113,748,160 |
Acturial value of plan assets | 2016-12-31 | 121,566,662 |
Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 42,654,830 |
Number of terminated vested participants | 2016-12-31 | 480 |
Fundng target for terminated vested participants | 2016-12-31 | 12,799,661 |
Active participant vested funding target | 2016-12-31 | 33,074,177 |
Number of active participants | 2016-12-31 | 530 |
Total funding liabilities for active participants | 2016-12-31 | 33,927,831 |
Total participant count | 2016-12-31 | 1,696 |
Total funding target for all participants | 2016-12-31 | 89,382,322 |
Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 25,848,598 |
Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 26,086,410 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2016-12-31 | 2,555,754 |
Prefunding balanced used to offset prior years funding requirement | 2016-12-31 | 0 |
Amount remaining of carryover balance | 2016-12-31 | 23,292,844 |
Amount remaining of prefunding balance | 2016-12-31 | 26,086,410 |
Present value of excess contributions | 2016-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
Balance of carryovers at beginning of current year | 2016-12-31 | 22,817,670 |
Balance of prefunding at beginning of current year | 2016-12-31 | 25,554,247 |
Total employer contributions | 2016-12-31 | 10,000,000 |
Total employee contributions | 2016-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 9,126,134 |
Liquidity shortfalls end of Q1 | 2016-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2016-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2016-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2016-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2016-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2016-12-31 | 2,754,878 |
Net shortfall amortization installment of oustanding balance | 2016-12-31 | 0 |
Waiver amortization installment | 2016-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 2,754,878 |
Carryover balance elected to use to offset funding requirement | 2016-12-31 | 2,456,802 |
Additional cash requirement | 2016-12-31 | 298,076 |
Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 9,126,134 |
Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for all years | 2016-12-31 | 0 |
Total participants, beginning-of-year | 2016-01-01 | 1,696 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 480 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 664 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 464 |
Total of all active and inactive participants | 2016-01-01 | 1,608 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 74 |
Total participants | 2016-01-01 | 1,682 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 0 |
2015: UNITED BANKSHARES, INC. PENSION PLAN 2015 401k membership | ||
Total participants, beginning-of-year | 2015-01-01 | 2,019 |
Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 530 |
Number of retired or separated participants receiving benefits | 2015-01-01 | 457 |
Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 637 |
Total of all active and inactive participants | 2015-01-01 | 1,624 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 72 |
Total participants | 2015-01-01 | 1,696 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 0 |
2014: UNITED BANKSHARES, INC. PENSION PLAN 2014 401k membership | ||
Total participants, beginning-of-year | 2014-01-01 | 2,077 |
Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 599 |
Number of retired or separated participants receiving benefits | 2014-01-01 | 756 |
Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 594 |
Total of all active and inactive participants | 2014-01-01 | 1,949 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 70 |
Total participants | 2014-01-01 | 2,019 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 0 |
2013: UNITED BANKSHARES, INC. PENSION PLAN 2013 401k membership | ||
Total participants, beginning-of-year | 2013-01-01 | 2,108 |
Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 651 |
Number of retired or separated participants receiving benefits | 2013-01-01 | 565 |
Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 793 |
Total of all active and inactive participants | 2013-01-01 | 2,009 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 68 |
Total participants | 2013-01-01 | 2,077 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 3 |
2012: UNITED BANKSHARES, INC. PENSION PLAN 2012 401k membership | ||
Total participants, beginning-of-year | 2012-01-01 | 2,126 |
Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 723 |
Number of retired or separated participants receiving benefits | 2012-01-01 | 516 |
Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 809 |
Total of all active and inactive participants | 2012-01-01 | 2,048 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 60 |
Total participants | 2012-01-01 | 2,108 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 4 |
2011: UNITED BANKSHARES, INC. PENSION PLAN 2011 401k membership | ||
Total participants, beginning-of-year | 2011-01-01 | 2,182 |
Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 823 |
Number of retired or separated participants receiving benefits | 2011-01-01 | 463 |
Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 781 |
Total of all active and inactive participants | 2011-01-01 | 2,067 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 59 |
Total participants | 2011-01-01 | 2,126 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 26 |
2009: UNITED BANKSHARES, INC. PENSION PLAN 2009 401k membership | ||
Total participants, beginning-of-year | 2009-01-01 | 2,318 |
Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 1,037 |
Number of retired or separated participants receiving benefits | 2009-01-01 | 391 |
Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 731 |
Total of all active and inactive participants | 2009-01-01 | 2,159 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 49 |
Total participants | 2009-01-01 | 2,208 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 72 |
Measure | Date | Value |
---|---|---|
2022 : UNITED BANKSHARES, INC. PENSION PLAN 2022 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-26,264,992 |
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-26,264,992 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-30,981,284 |
Total loss/gain on sale of assets | 2022-12-31 | $-10,047,968 |
Total of all expenses incurred | 2022-12-31 | $13,986,649 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $13,411,759 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $0 |
Value of total assets at end of year | 2022-12-31 | $165,319,511 |
Value of total assets at beginning of year | 2022-12-31 | $210,287,444 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $574,890 |
Total interest from all sources | 2022-12-31 | $102,843 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $5,221,051 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $4,277,056 |
Administrative expenses professional fees incurred | 2022-12-31 | $574,890 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $30,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-12-31 | $7,312,119 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $107,036 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $83,622 |
Other income not declared elsewhere | 2022-12-31 | $7,782 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-44,967,933 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $165,319,511 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $210,287,444 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $124,910,489 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $164,767,856 |
Income. Interest from US Government securities | 2022-12-31 | $61,206 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $3,277,349 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $1,640,479 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $1,640,479 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $41,637 |
Asset value of US Government securities at end of year | 2022-12-31 | $3,882,208 |
Asset value of US Government securities at beginning of year | 2022-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Assets. Invements in employer securities at end of year | 2022-12-31 | $4,284,935 |
Assets. Invements in employer securities at beginning of year | 2022-12-31 | $3,839,404 |
Income. Dividends from common stock | 2022-12-31 | $943,995 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $6,099,640 |
Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $28,857,494 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $39,956,083 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Aggregate proceeds on sale of assets | 2022-12-31 | $87,770,343 |
Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $97,818,311 |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | ERNST AND YOUNG LLP |
Accountancy firm EIN | 2022-12-31 | 346565596 |
2021 : UNITED BANKSHARES, INC. PENSION PLAN 2021 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $18,018,037 |
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $18,018,037 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $23,868,994 |
Total loss/gain on sale of assets | 2021-12-31 | $-419,812 |
Total of all expenses incurred | 2021-12-31 | $6,603,882 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $5,997,392 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $0 |
Value of total assets at end of year | 2021-12-31 | $210,287,444 |
Value of total assets at beginning of year | 2021-12-31 | $193,022,332 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $606,490 |
Total interest from all sources | 2021-12-31 | $1,049 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $6,260,338 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Administrative expenses professional fees incurred | 2021-12-31 | $606,490 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $30,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $83,622 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $75,142 |
Other income not declared elsewhere | 2021-12-31 | $902 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $17,265,112 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $210,287,444 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $193,022,332 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $164,767,856 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $146,932,863 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $1,640,479 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $10,210,423 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $10,210,423 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $1,049 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $8,480 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Assets. Invements in employer securities at end of year | 2021-12-31 | $3,839,404 |
Assets. Invements in employer securities at beginning of year | 2021-12-31 | $3,428,795 |
Income. Dividends from common stock | 2021-12-31 | $6,260,338 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $5,997,392 |
Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $39,956,083 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $32,375,109 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Aggregate proceeds on sale of assets | 2021-12-31 | $28,218,790 |
Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $28,638,602 |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Disclaimer |
Accountancy firm name | 2021-12-31 | ERNST AND YOUNG LLP |
Accountancy firm EIN | 2021-12-31 | 346565596 |
2020 : UNITED BANKSHARES, INC. PENSION PLAN 2020 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $15,029,788 |
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $15,029,788 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $19,282,220 |
Total loss/gain on sale of assets | 2020-12-31 | $-523,366 |
Total of all expenses incurred | 2020-12-31 | $5,820,071 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $5,356,777 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $0 |
Value of total assets at end of year | 2020-12-31 | $193,022,332 |
Value of total assets at beginning of year | 2020-12-31 | $179,560,183 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $463,294 |
Total interest from all sources | 2020-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Administrative expenses professional fees incurred | 2020-12-31 | $462,530 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $30,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $75,142 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $69,385 |
Other income not declared elsewhere | 2020-12-31 | $9,465 |
Administrative expenses (other) incurred | 2020-12-31 | $764 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $13,462,149 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $193,022,332 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $179,560,183 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $146,932,863 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $125,279,481 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $10,210,423 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $2,434,702 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $2,434,702 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $4,766,333 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Assets. Invements in employer securities at end of year | 2020-12-31 | $3,428,795 |
Assets. Invements in employer securities at beginning of year | 2020-12-31 | $4,091,272 |
Employer contributions (assets) at end of year | 2020-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $20,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $5,356,777 |
Assets. Corporate common stocks other than exployer securities at end of year | 2020-12-31 | $32,375,109 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2020-12-31 | $27,685,343 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Aggregate proceeds on sale of assets | 2020-12-31 | $33,194,818 |
Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $33,718,184 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | ERNST AND YOUNG LLP |
Accountancy firm EIN | 2020-12-31 | 346565596 |
2019 : UNITED BANKSHARES, INC. PENSION PLAN 2019 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $19,074,951 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $19,074,951 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $47,908,809 |
Total loss/gain on sale of assets | 2019-12-31 | $4,778,758 |
Total of all expenses incurred | 2019-12-31 | $5,756,451 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $5,322,854 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $20,000,000 |
Value of total assets at end of year | 2019-12-31 | $179,560,183 |
Value of total assets at beginning of year | 2019-12-31 | $137,407,825 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $433,597 |
Total interest from all sources | 2019-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Administrative expenses professional fees incurred | 2019-12-31 | $433,010 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $20,000,000 |
Value of fidelity bond cover | 2019-12-31 | $20,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $69,385 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $50,146 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $50,146 |
Other income not declared elsewhere | 2019-12-31 | $2,134 |
Administrative expenses (other) incurred | 2019-12-31 | $587 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $42,152,358 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $179,560,183 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $137,407,825 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $125,279,481 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $97,366,608 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $2,434,702 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $10,035,834 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $10,035,834 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $4,052,966 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Assets. Invements in employer securities at end of year | 2019-12-31 | $4,091,272 |
Assets. Invements in employer securities at beginning of year | 2019-12-31 | $3,292,278 |
Contributions received in cash from employer | 2019-12-31 | $20,000,000 |
Employer contributions (assets) at end of year | 2019-12-31 | $20,000,000 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $5,322,854 |
Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $27,685,343 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $26,662,959 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Aggregate proceeds on sale of assets | 2019-12-31 | $76,182,500 |
Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $71,403,742 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | ERNST AND YOUNG LLP |
Accountancy firm name | 2019-12-31 | ERNST AND YOUNG LLP |
Accountancy firm EIN | 2019-12-31 | 346565596 |
Accountancy firm EIN | 2019-12-31 | 346565596 |
2018 : UNITED BANKSHARES, INC. PENSION PLAN 2018 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $-6,807,253 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $5,135,866 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $4,713,799 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $0 |
Value of total assets at end of year | 2018-12-31 | $137,407,825 |
Value of total assets at beginning of year | 2018-12-31 | $149,350,944 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $422,067 |
Total interest from all sources | 2018-12-31 | $72,881 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $4,047,357 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $4,047,357 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $20,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $50,146 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $0 |
Other income not declared elsewhere | 2018-12-31 | $55,166 |
Administrative expenses (other) incurred | 2018-12-31 | $422,067 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-11,943,119 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $137,407,825 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $149,350,944 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $97,366,608 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $100,735,118 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $10,035,834 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $4,504,960 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $4,504,960 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $72,881 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-10,982,657 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Assets. Invements in employer securities at end of year | 2018-12-31 | $3,292,278 |
Assets. Invements in employer securities at beginning of year | 2018-12-31 | $3,677,488 |
Employer contributions (assets) at end of year | 2018-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $7,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $4,713,799 |
Assets. Corporate common stocks other than exployer securities at end of year | 2018-12-31 | $26,662,959 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2018-12-31 | $33,433,378 |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | ERNST AND YOUNG LLP |
Accountancy firm EIN | 2018-12-31 | 346565596 |
2017 : UNITED BANKSHARES, INC. PENSION PLAN 2017 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $24,506,697 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $4,794,191 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $4,439,135 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $7,000,000 |
Value of total assets at end of year | 2017-12-31 | $149,350,944 |
Value of total assets at beginning of year | 2017-12-31 | $129,638,438 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $355,056 |
Total interest from all sources | 2017-12-31 | $95,080 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $4,525,694 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $4,525,694 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $20,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2017-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $670,435 |
Other income not declared elsewhere | 2017-12-31 | $16,207 |
Administrative expenses (other) incurred | 2017-12-31 | $355,056 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $19,712,506 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $149,350,944 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $129,638,438 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $100,735,118 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $95,272,832 |
Income. Interest from corporate debt instruments | 2017-12-31 | $95,080 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $4,504,960 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $1,705,118 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $1,705,118 |
Asset value of US Government securities at end of year | 2017-12-31 | $0 |
Asset value of US Government securities at beginning of year | 2017-12-31 | $96,124 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $12,869,716 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Assets. Invements in employer securities at end of year | 2017-12-31 | $3,677,488 |
Assets. Invements in employer securities at beginning of year | 2017-12-31 | $4,894,499 |
Contributions received in cash from employer | 2017-12-31 | $7,000,000 |
Employer contributions (assets) at end of year | 2017-12-31 | $7,000,000 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $10,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $4,439,135 |
Asset. Corporate debt instrument debt (other) at end of year | 2017-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2017-12-31 | $1,264,593 |
Assets. Corporate common stocks other than exployer securities at end of year | 2017-12-31 | $33,433,378 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2017-12-31 | $15,734,837 |
Did the plan have assets held for investment | 2017-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | ERNST AND YOUNG LLP |
Accountancy firm EIN | 2017-12-31 | 346565596 |
2016 : UNITED BANKSHARES, INC. PENSION PLAN 2016 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $20,636,951 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $4,665,846 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $4,326,995 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $10,000,000 |
Value of total assets at end of year | 2016-12-31 | $129,638,438 |
Value of total assets at beginning of year | 2016-12-31 | $113,667,333 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $338,851 |
Total interest from all sources | 2016-12-31 | $98,710 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $2,990,574 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $2,990,574 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $20,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2016-12-31 | $670,435 |
Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $836,476 |
Other income not declared elsewhere | 2016-12-31 | $4,453 |
Administrative expenses (other) incurred | 2016-12-31 | $338,851 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $15,971,105 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $129,638,438 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $113,667,333 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $95,272,832 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $89,231,853 |
Income. Interest from corporate debt instruments | 2016-12-31 | $98,710 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $1,705,118 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $1,386,128 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $1,386,128 |
Asset value of US Government securities at end of year | 2016-12-31 | $96,124 |
Asset value of US Government securities at beginning of year | 2016-12-31 | $116,954 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $7,543,214 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Assets. Invements in employer securities at end of year | 2016-12-31 | $4,894,499 |
Assets. Invements in employer securities at beginning of year | 2016-12-31 | $3,914,541 |
Contributions received in cash from employer | 2016-12-31 | $10,000,000 |
Employer contributions (assets) at end of year | 2016-12-31 | $10,000,000 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $4,326,995 |
Asset. Corporate debt instrument debt (other) at end of year | 2016-12-31 | $1,264,593 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2016-12-31 | $1,631,524 |
Assets. Corporate common stocks other than exployer securities at end of year | 2016-12-31 | $15,734,837 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2016-12-31 | $16,549,857 |
Did the plan have assets held for investment | 2016-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | ERNST AND YOUNG LLP |
Accountancy firm EIN | 2016-12-31 | 346565596 |
2015 : UNITED BANKSHARES, INC. PENSION PLAN 2015 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total income from all sources (including contributions) | 2015-12-31 | $-2,480,151 |
Total loss/gain on sale of assets | 2015-12-31 | $-1,007,480 |
Total of all expenses incurred | 2015-12-31 | $9,660,261 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $9,295,823 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $0 |
Value of total assets at end of year | 2015-12-31 | $113,667,333 |
Value of total assets at beginning of year | 2015-12-31 | $125,807,745 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $364,438 |
Total interest from all sources | 2015-12-31 | $114,152 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $4,589,315 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $4,589,315 |
Assets. Corporate prefeered stocks other than exployer securities at end of year | 2015-12-31 | $0 |
Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2015-12-31 | $206,880 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $20,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2015-12-31 | $836,476 |
Assets. Other investments not covered elsewhere at beginning of year | 2015-12-31 | $1,107,510 |
Other income not declared elsewhere | 2015-12-31 | $43,921 |
Administrative expenses (other) incurred | 2015-12-31 | $364,438 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $-12,140,412 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $113,667,333 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $125,807,745 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $89,231,853 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $97,968,361 |
Income. Interest from corporate debt instruments | 2015-12-31 | $114,152 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $1,386,128 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $2,239,765 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $2,239,765 |
Asset value of US Government securities at end of year | 2015-12-31 | $116,954 |
Asset value of US Government securities at beginning of year | 2015-12-31 | $160,770 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-6,220,059 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Assets. Invements in employer securities at end of year | 2015-12-31 | $3,914,541 |
Assets. Invements in employer securities at beginning of year | 2015-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $9,295,823 |
Asset. Corporate debt instrument debt (other) at end of year | 2015-12-31 | $1,631,524 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2015-12-31 | $2,011,727 |
Assets. Corporate common stocks other than exployer securities at end of year | 2015-12-31 | $16,549,857 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2015-12-31 | $22,112,732 |
Did the plan have assets held for investment | 2015-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Aggregate proceeds on sale of assets | 2015-12-31 | $-1,007,480 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | ERNST AND YOUNG LLP |
Accountancy firm EIN | 2015-12-31 | 346565596 |
2014 : UNITED BANKSHARES, INC. PENSION PLAN 2014 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $2,208,321 |
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $2,208,321 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total income from all sources (including contributions) | 2014-12-31 | $6,780,095 |
Total loss/gain on sale of assets | 2014-12-31 | $109,885 |
Total of all expenses incurred | 2014-12-31 | $4,075,413 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $3,725,043 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $0 |
Value of total assets at end of year | 2014-12-31 | $125,807,745 |
Value of total assets at beginning of year | 2014-12-31 | $123,103,063 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $350,370 |
Total interest from all sources | 2014-12-31 | $155,958 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $5,699,949 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $5,699,949 |
Assets. Corporate prefeered stocks other than exployer securities at end of year | 2014-12-31 | $206,880 |
Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2014-12-31 | $194,880 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $20,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2014-12-31 | $1,107,510 |
Assets. Other investments not covered elsewhere at beginning of year | 2014-12-31 | $1,111,891 |
Other income not declared elsewhere | 2014-12-31 | $40,722 |
Administrative expenses (other) incurred | 2014-12-31 | $350,370 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $2,704,682 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $125,807,745 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $123,103,063 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Assets. partnership/joint venture interests at end of year | 2014-12-31 | $0 |
Assets. partnership/joint venture interests at beginning of year | 2014-12-31 | $700,889 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $97,968,361 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $95,381,165 |
Income. Interest from corporate debt instruments | 2014-12-31 | $155,958 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $2,239,765 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $2,899,566 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $2,899,566 |
Asset value of US Government securities at end of year | 2014-12-31 | $160,770 |
Asset value of US Government securities at beginning of year | 2014-12-31 | $226,839 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $-1,434,740 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $3,725,043 |
Asset. Corporate debt instrument debt (other) at end of year | 2014-12-31 | $2,011,727 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2014-12-31 | $2,498,668 |
Assets. Corporate common stocks other than exployer securities at end of year | 2014-12-31 | $22,112,732 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2014-12-31 | $20,089,165 |
Did the plan have assets held for investment | 2014-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Aggregate proceeds on sale of assets | 2014-12-31 | $109,885 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | ERNST AND YOUNG LLP |
Accountancy firm EIN | 2014-12-31 | 346565596 |
2013 : UNITED BANKSHARES, INC. PENSION PLAN 2013 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $3,752,134 |
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $3,752,134 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total income from all sources (including contributions) | 2013-12-31 | $17,933,876 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $3,578,083 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $3,286,023 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $0 |
Value of total assets at end of year | 2013-12-31 | $123,103,063 |
Value of total assets at beginning of year | 2013-12-31 | $108,747,270 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $292,060 |
Total interest from all sources | 2013-12-31 | $163,943 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $4,169,290 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $3,615,560 |
Administrative expenses professional fees incurred | 2013-12-31 | $286,115 |
Assets. Corporate prefeered stocks other than exployer securities at end of year | 2013-12-31 | $194,880 |
Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2013-12-31 | $208,960 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $20,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2013-12-31 | $1,111,891 |
Assets. Other investments not covered elsewhere at beginning of year | 2013-12-31 | $909,681 |
Other income not declared elsewhere | 2013-12-31 | $26,104 |
Administrative expenses (other) incurred | 2013-12-31 | $5,945 |
Total non interest bearing cash at beginning of year | 2013-12-31 | $8,805 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $14,355,793 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $123,103,063 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $108,747,270 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Assets. partnership/joint venture interests at end of year | 2013-12-31 | $700,889 |
Assets. partnership/joint venture interests at beginning of year | 2013-12-31 | $725,590 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $95,381,165 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $84,903,675 |
Interest earned on other investments | 2013-12-31 | $49,109 |
Income. Interest from US Government securities | 2013-12-31 | $21,565 |
Income. Interest from corporate debt instruments | 2013-12-31 | $91,776 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $2,899,566 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $4,275,807 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $4,275,807 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $1,493 |
Asset value of US Government securities at end of year | 2013-12-31 | $226,839 |
Asset value of US Government securities at beginning of year | 2013-12-31 | $335,237 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $9,822,405 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Income. Dividends from preferred stock | 2013-12-31 | $12,250 |
Income. Dividends from common stock | 2013-12-31 | $541,480 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $3,286,023 |
Asset. Corporate debt instrument debt (other) at end of year | 2013-12-31 | $2,498,668 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2013-12-31 | $2,667,786 |
Assets. Corporate common stocks other than exployer securities at end of year | 2013-12-31 | $20,089,165 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2013-12-31 | $14,711,729 |
Did the plan have assets held for investment | 2013-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | ERNST AND YOUNG LLP |
Accountancy firm EIN | 2013-12-31 | 346565596 |
2012 : UNITED BANKSHARES, INC. PENSION PLAN 2012 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $5,646,912 |
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $5,646,912 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $10,813,101 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $3,333,508 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $2,996,650 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $0 |
Value of total assets at end of year | 2012-12-31 | $108,747,270 |
Value of total assets at beginning of year | 2012-12-31 | $101,267,677 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $336,858 |
Total interest from all sources | 2012-12-31 | $231,070 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $3,317,323 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $2,739,824 |
Administrative expenses professional fees incurred | 2012-12-31 | $261,240 |
Assets. Corporate prefeered stocks other than exployer securities at end of year | 2012-12-31 | $208,960 |
Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2012-12-31 | $198,160 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $20,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2012-12-31 | $909,681 |
Assets. Other investments not covered elsewhere at beginning of year | 2012-12-31 | $879,379 |
Other income not declared elsewhere | 2012-12-31 | $124,731 |
Administrative expenses (other) incurred | 2012-12-31 | $26,713 |
Total non interest bearing cash at end of year | 2012-12-31 | $8,805 |
Total non interest bearing cash at beginning of year | 2012-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $7,479,593 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $108,747,270 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $101,267,677 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Assets. partnership/joint venture interests at end of year | 2012-12-31 | $725,590 |
Assets. partnership/joint venture interests at beginning of year | 2012-12-31 | $755,925 |
Investment advisory and management fees | 2012-12-31 | $48,905 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $84,903,675 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $65,420,551 |
Interest earned on other investments | 2012-12-31 | $47,731 |
Income. Interest from US Government securities | 2012-12-31 | $25,853 |
Income. Interest from corporate debt instruments | 2012-12-31 | $150,840 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $4,275,807 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $6,416,524 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $6,416,524 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $6,646 |
Asset value of US Government securities at end of year | 2012-12-31 | $335,237 |
Asset value of US Government securities at beginning of year | 2012-12-31 | $456,933 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $1,493,065 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Income. Dividends from preferred stock | 2012-12-31 | $12,250 |
Income. Dividends from common stock | 2012-12-31 | $565,249 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $2,996,650 |
Asset. Corporate debt instrument debt (other) at end of year | 2012-12-31 | $2,667,786 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2012-12-31 | $3,454,757 |
Assets. Corporate common stocks other than exployer securities at end of year | 2012-12-31 | $14,711,729 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2012-12-31 | $23,685,448 |
Did the plan have assets held for investment | 2012-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | ERNST AND YOUNG LLP |
Accountancy firm EIN | 2012-12-31 | 346565596 |
2011 : UNITED BANKSHARES, INC. PENSION PLAN 2011 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $575,454 |
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $575,454 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $-1,366,300 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $2,844,351 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $2,598,315 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $0 |
Value of total assets at end of year | 2011-12-31 | $101,267,677 |
Value of total assets at beginning of year | 2011-12-31 | $105,478,328 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $246,036 |
Total interest from all sources | 2011-12-31 | $276,582 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $3,953,669 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $3,953,669 |
Assets. Corporate prefeered stocks other than exployer securities at end of year | 2011-12-31 | $198,160 |
Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2011-12-31 | $185,200 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $20,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2011-12-31 | $879,379 |
Assets. Other investments not covered elsewhere at beginning of year | 2011-12-31 | $815,144 |
Other income not declared elsewhere | 2011-12-31 | $82,722 |
Administrative expenses (other) incurred | 2011-12-31 | $246,036 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $-4,210,651 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $101,267,677 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $105,478,328 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Assets. partnership/joint venture interests at end of year | 2011-12-31 | $755,925 |
Assets. partnership/joint venture interests at beginning of year | 2011-12-31 | $988,328 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $65,420,551 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $69,223,299 |
Interest earned on other investments | 2011-12-31 | $276,582 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $6,416,524 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $6,375,048 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $6,375,048 |
Asset value of US Government securities at end of year | 2011-12-31 | $456,933 |
Asset value of US Government securities at beginning of year | 2011-12-31 | $780,357 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-6,254,727 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $2,598,315 |
Asset. Corporate debt instrument debt (other) at end of year | 2011-12-31 | $3,454,757 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2011-12-31 | $4,347,914 |
Assets. Corporate common stocks other than exployer securities at end of year | 2011-12-31 | $23,685,448 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2011-12-31 | $22,763,038 |
Did the plan have assets held for investment | 2011-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | ERNST AND YOUNG LLP |
Accountancy firm EIN | 2011-12-31 | 346565596 |
2010 : UNITED BANKSHARES, INC. PENSION PLAN 2010 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $8,336,019 |
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $8,336,019 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $11,429,490 |
Total loss/gain on sale of assets | 2010-12-31 | $70,688 |
Total of all expenses incurred | 2010-12-31 | $2,537,730 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $2,140,420 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $0 |
Value of total assets at end of year | 2010-12-31 | $105,478,328 |
Value of total assets at beginning of year | 2010-12-31 | $96,586,568 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $397,310 |
Total interest from all sources | 2010-12-31 | $311,244 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $2,698,879 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $2,698,879 |
Assets. Corporate prefeered stocks other than exployer securities at end of year | 2010-12-31 | $185,200 |
Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2010-12-31 | $265,080 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $20,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2010-12-31 | $815,144 |
Assets. Other investments not covered elsewhere at beginning of year | 2010-12-31 | $2,862,212 |
Other income not declared elsewhere | 2010-12-31 | $12,660 |
Administrative expenses (other) incurred | 2010-12-31 | $397,310 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $8,891,760 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $105,478,328 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $96,586,568 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Assets. partnership/joint venture interests at end of year | 2010-12-31 | $988,328 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $69,223,299 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $60,837,644 |
Interest earned on other investments | 2010-12-31 | $311,244 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $6,375,048 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $4,179,828 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $4,179,828 |
Asset value of US Government securities at end of year | 2010-12-31 | $780,357 |
Asset value of US Government securities at beginning of year | 2010-12-31 | $2,159,848 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Assets. Invements in employer securities at beginning of year | 2010-12-31 | $2,113,365 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $9,100,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $2,140,420 |
Asset. Corporate debt instrument debt (other) at end of year | 2010-12-31 | $4,347,914 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2010-12-31 | $4,794,499 |
Assets. Corporate common stocks other than exployer securities at end of year | 2010-12-31 | $22,763,038 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2010-12-31 | $10,274,092 |
Did the plan have assets held for investment | 2010-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Aggregate proceeds on sale of assets | 2010-12-31 | $70,688 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | ERNST & YOUNG LLP |
Accountancy firm EIN | 2010-12-31 | 346565596 |
2022: UNITED BANKSHARES, INC. PENSION PLAN 2022 form 5500 responses | ||
---|---|---|
2022-01-01 | Type of plan entity | Single employer plan |
2022-01-01 | Submission has been amended | No |
2022-01-01 | This submission is the final filing | No |
2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2022-01-01 | Plan is a collectively bargained plan | No |
2022-01-01 | Plan funding arrangement – Trust | Yes |
2022-01-01 | Plan benefit arrangement - Trust | Yes |
2021: UNITED BANKSHARES, INC. PENSION PLAN 2021 form 5500 responses | ||
2021-01-01 | Type of plan entity | Single employer plan |
2021-01-01 | Submission has been amended | No |
2021-01-01 | This submission is the final filing | No |
2021-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2021-01-01 | Plan is a collectively bargained plan | No |
2021-01-01 | Plan funding arrangement – Trust | Yes |
2021-01-01 | Plan benefit arrangement - Trust | Yes |
2020: UNITED BANKSHARES, INC. PENSION PLAN 2020 form 5500 responses | ||
2020-01-01 | Type of plan entity | Single employer plan |
2020-01-01 | Submission has been amended | No |
2020-01-01 | This submission is the final filing | No |
2020-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2020-01-01 | Plan is a collectively bargained plan | No |
2020-01-01 | Plan funding arrangement – Trust | Yes |
2020-01-01 | Plan benefit arrangement - Trust | Yes |
2019: UNITED BANKSHARES, INC. PENSION PLAN 2019 form 5500 responses | ||
2019-01-01 | Type of plan entity | Single employer plan |
2019-01-01 | Submission has been amended | No |
2019-01-01 | This submission is the final filing | No |
2019-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2019-01-01 | Plan is a collectively bargained plan | No |
2019-01-01 | Plan funding arrangement – Trust | Yes |
2019-01-01 | Plan benefit arrangement - Trust | Yes |
2018: UNITED BANKSHARES, INC. PENSION PLAN 2018 form 5500 responses | ||
2018-01-01 | Type of plan entity | Single employer plan |
2018-01-01 | Submission has been amended | No |
2018-01-01 | This submission is the final filing | No |
2018-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2018-01-01 | Plan is a collectively bargained plan | No |
2018-01-01 | Plan funding arrangement – Trust | Yes |
2018-01-01 | Plan benefit arrangement - Trust | Yes |
2017: UNITED BANKSHARES, INC. PENSION PLAN 2017 form 5500 responses | ||
2017-01-01 | Type of plan entity | Single employer plan |
2017-01-01 | Submission has been amended | No |
2017-01-01 | This submission is the final filing | No |
2017-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2017-01-01 | Plan is a collectively bargained plan | No |
2017-01-01 | Plan funding arrangement – Trust | Yes |
2017-01-01 | Plan benefit arrangement - Trust | Yes |
2016: UNITED BANKSHARES, INC. PENSION PLAN 2016 form 5500 responses | ||
2016-01-01 | Type of plan entity | Single employer plan |
2016-01-01 | Submission has been amended | No |
2016-01-01 | This submission is the final filing | No |
2016-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2016-01-01 | Plan is a collectively bargained plan | No |
2016-01-01 | Plan funding arrangement – Trust | Yes |
2016-01-01 | Plan benefit arrangement - Trust | Yes |
2015: UNITED BANKSHARES, INC. PENSION PLAN 2015 form 5500 responses | ||
2015-01-01 | Type of plan entity | Single employer plan |
2015-01-01 | Submission has been amended | Yes |
2015-01-01 | This submission is the final filing | No |
2015-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2015-01-01 | Plan is a collectively bargained plan | No |
2015-01-01 | Plan funding arrangement – Trust | Yes |
2015-01-01 | Plan benefit arrangement - Trust | Yes |
2014: UNITED BANKSHARES, INC. PENSION PLAN 2014 form 5500 responses | ||
2014-01-01 | Type of plan entity | Single employer plan |
2014-01-01 | Submission has been amended | No |
2014-01-01 | This submission is the final filing | No |
2014-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2014-01-01 | Plan is a collectively bargained plan | No |
2014-01-01 | Plan funding arrangement – Trust | Yes |
2014-01-01 | Plan benefit arrangement - Trust | Yes |
2013: UNITED BANKSHARES, INC. PENSION PLAN 2013 form 5500 responses | ||
2013-01-01 | Type of plan entity | Single employer plan |
2013-01-01 | Submission has been amended | No |
2013-01-01 | This submission is the final filing | No |
2013-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2013-01-01 | Plan is a collectively bargained plan | No |
2013-01-01 | Plan funding arrangement – Trust | Yes |
2013-01-01 | Plan benefit arrangement - Trust | Yes |
2012: UNITED BANKSHARES, INC. PENSION PLAN 2012 form 5500 responses | ||
2012-01-01 | Type of plan entity | Single employer plan |
2012-01-01 | Submission has been amended | No |
2012-01-01 | This submission is the final filing | No |
2012-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2012-01-01 | Plan is a collectively bargained plan | No |
2012-01-01 | Plan funding arrangement – Trust | Yes |
2012-01-01 | Plan benefit arrangement - Trust | Yes |
2011: UNITED BANKSHARES, INC. PENSION PLAN 2011 form 5500 responses | ||
2011-01-01 | Type of plan entity | Single employer plan |
2011-01-01 | Submission has been amended | No |
2011-01-01 | This submission is the final filing | No |
2011-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2011-01-01 | Plan is a collectively bargained plan | No |
2011-01-01 | Plan funding arrangement – Trust | Yes |
2011-01-01 | Plan benefit arrangement - Trust | Yes |
2009: UNITED BANKSHARES, INC. PENSION PLAN 2009 form 5500 responses | ||
2009-01-01 | Type of plan entity | Single employer plan |
2009-01-01 | Submission has been amended | No |
2009-01-01 | This submission is the final filing | No |
2009-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2009-01-01 | Plan is a collectively bargained plan | No |
2009-01-01 | Plan funding arrangement – Trust | Yes |
2009-01-01 | Plan benefit arrangement - Trust | Yes |