United Bankshares, Inc.
Overview
United Bankshares, Inc. sponsors a self-funded health plan that covered 2,931 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 2,931 · prior year 2,952
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- United Bankshares, Inc. Health and Welfare Benefit Plan, plan 510 (2,931 participants)
- Stop-loss carrier
- HCC Life Insurance Company
- Broker compensation
- $293K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Mutual of Omaha Insurance Company | Long-term disability, Life | 2,724 | $2.1M | $165K |
| Delta Dental Insurance Company | Dental | 2,054 | $1.3M | $66K |
| HCC Life Insurance Company | Stop-loss | 1,869 | $1.2M | $62K |
| Vision Service Plan | Vision | 1,851 | $368K | — |
| Highmark Blue Cross Blue Shield of West Virginia | Medical, Prescription drug | 75 | $292K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,931 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- United Bankshares, Inc.
- Sponsor EIN
- 55-0641179
- Plan number
- 510
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 55-0641179 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- United Bankshares, Inc. Savings and Stock Investment Plan
- Type
- 401(k) plan
- Participants
- 3,484
About this data
Source: United Bankshares, Inc.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with United Bankshares, Inc..