United Bankshares, Inc. 401(k): Empower, match 5% max
United Bankshares, Inc. Savings and Stock Investment Plan · UBSI · CIK 729986
Empower is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. Where to log in, and what the filing says.
Maximum employer match, as a share of pay
5%
United Bankshares, Inc. matches 100% (dollar-for-dollar) of the first 5% of pay.
From the Form 11-K filed June 15, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What United Bankshares puts in, and what the plan costs
What United Bankshares put into the plan, per active participant
$2,822
United Bankshares, Inc. put $2,822 into this plan for each of its 2,640 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
United Bankshares put in less per active participant than 59% of plans with 1,000–4,999 participants at banks and lenders. The middle plan in that group of 245 reported $3,422. Banks and lenders comes from business code 522110, which United Bankshares entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much United Bankshares pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 550641179, plan 003 · DOL EFAST2 ↗
The $2,822 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. United Bankshares, Inc. also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $2,475 a year at a $49,500 salary. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What United Bankshares puts in
$2,475
a year, at a $49,500 salary.
The match paragraph, word for word
“United matches 100 percent of the first 5 percent of a participant’s pay, based on the participant’s deferral election. These matching contributions are made by United on a bi-weekly basis and consist of cash, which is used by the Plan to purchase shares of United’s common stock.”
What you contribute to collect all of it
Contribute at least 5% of your pay to collect the full match.
That is $2,475 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participating employees are immediately fully vested as to employee and employer contributions to the Plan.”
A worker hired today collects no match for 1 year. This is a filed term, and it does not move the score above.
Eligibility, word for word
“The Plan is a contributory defined contribution plan, which is available to all employees of United or any of its subsidiaries who have completed 90 days of service for employee deferral and one year and 1,000 hours of service for employer match.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
52nd percentile
$87.84 per participant in plan-paid administrative cost, more expensive than 52% of plans with 1,000–4,999 participants.
What is United Bankshares' 401(k) match formula?
United Bankshares' 401(k) employer match tops out at 5% of pay. The match is deposited each payroll. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 100% (dollar-for-dollar) of the first 5% of pay |
|---|---|
| Maximum employer match | 5% of compensation |
| Deposited | Each payroll |
| Paid in company stock | Yes |
At a $75,000 salary, contributing 5% ($3,750) earns the full employer match of $3,750 for the year.
What the filing says, word for word
“United matches 100 percent of the first 5 percent of a participant’s pay, based on the participant’s deferral election. These matching contributions are made by United on a bi-weekly basis and consist of cash, which is used by the Plan to purchase shares of United’s common stock.”
Source: Form 11-K filed June 15, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is United Bankshares' 401(k) vesting schedule?
United Bankshares vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
Vesting, word for word
“Participating employees are immediately fully vested as to employee and employer contributions to the Plan.”
Source: Form 11-K filed June 15, 2026, SEC EDGAR · SEC ↗
Who can join United Bankshares' 401(k), and is enrollment automatic?
United Bankshares' filing does not mention automatic enrollment, which is not the same as the plan having none.
| Plan entry | Completed 90 days of service, for employee deferral |
|---|---|
| Match eligibility | Completed one year and 1,000 hours of service, for employer match |
| Automatic enrollment | Not mentioned in the filing (not proof of absence) |
Eligibility, word for word
“The Plan is a contributory defined contribution plan, which is available to all employees of United or any of its subsidiaries who have completed 90 days of service for employee deferral and one year and 1,000 hours of service for employer match.”
Source: Form 11-K filed June 15, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Empower, filed as “EMPOWER ANNUITY INSURANCE COMPANY O”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
7,876 plans on file name Empower as their recordkeeper. Of those, the 7,813 with a computable fee have a median plan-paid cost of $165.72 per participant.
Participants log in at Empower ↗. 401(k) Monitor is not affiliated with Empower or with any other recordkeeper, and takes nothing for this link. It is here because that is where the account is.
| Recordkeeper | Empower |
|---|---|
| Recordkeeper address | 8515 East Orchard Road, Greenwood Village, CO 80111 |
What does the United Bankshares plan report on Form 5500?
The United Bankshares plan reported $248.7M in assets and 3,404 participants for plan year 2024.
| Total plan assets | $248,714,300 |
|---|---|
| Participants | 3,404 |
| Plan-paid admin cost per participant | $87.84 |
How that cost compares
This plan pays $87.84 per participant. The median across plans at banks and lenders is $152.83, from the 2,143 of 2,264 whose Form 5500 yields a per-participant cost.
Read from the Form 5500 filing of United Bankshares, Inc. Savings And Stock Investment Plan, which has no page of its own here.
How does United Bankshares' 401(k) match compare?
United Bankshares, Inc.'s maximum 401(k) match of 5% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file at banks and lenders, two report the same recordkeeper and one vests on the same schedule.
Maximum match 5% of pay. Also at banks and lenders.
Maximum match 6% of pay. Also at banks and lenders.
Maximum match 5% of pay. Also at banks and lenders.
Maximum match 6% of pay. Same recordkeeper, Empower.
Maximum match 5% of pay. Same recordkeeper, Empower.
Maximum match 3% of pay. Vests immediately too, like United Bankshares.
Compare United Bankshares, Inc. with any company, side by side
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 15, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is United Bankshares, Inc.'s 401(k) match?
United Bankshares, Inc. matches 100% of employee contributions up to 5% of eligible pay (plan year ended December 31, 2025).
When does the United Bankshares, Inc. 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does United Bankshares, Inc.'s 401(k) plan have automatic enrollment?
Not mentioned in the filing (not proof of absence).
Who is the recordkeeper for United Bankshares, Inc.'s 401(k)?
Empower is named as the recordkeeper on the Form 5500 filed for United Bankshares, Inc. Savings And Stock Investment Plan for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that United Bankshares, Inc. filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | United Bankshares, Inc. |
| SEC CIK | 729986 |
| Accession number | 0001193125-26-271178 |
| Plan | United Bankshares, Inc. Savings and Stock Investment Plan |
| Period of report | December 31, 2025 |
| Filed | June 15, 2026 |
401(k) Monitor is not affiliated with United Bankshares, Inc., with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “United Bankshares, Inc. 401(k) plan facts”, from SEC Form 11-K accession 0001193125-26-271178, plan year ended December 31, 2025.
