PlanOptica
Retirement plan

UBS PENSION PLAN

UBS AGEIN 98-0186363Plan #001PY 2023
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1000 HARBOR BLVD., 10TH FLOOR - WEEHAWKEN, NJ 070866790201-352-4880
Other plans on this EIN
1 filing
#002Retirement-$9.01B assets
Prospect flagsHigh retiree %Wind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(201) 352-4880
How to read this page

Summary metrics

Total assets (EOY)
$400.6M
-3.3% from 2016
Total participants
3,968
+2.8% from 2016
Average account balance
$0
No prior year
Annual return
9.52%
-1.10 pp from 2016

Benchmarks

See 169 peers
Peer group
Industry52 - Finance and Insurance
Plan typeDefined benefit
Participants250-999
Cohort169 peers
Snapshot2023
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $9,014
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $134,777
Admin fee / account holder
$0
median $1,040
Annual return
9.52%
median 10.28%
Overall peer rank
43rd percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$380.41M
Average account balance
Total assets / participants with a balance (line 6g)
$100K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
3,580
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$22.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$49K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+1.63%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 3 by compensation
ProviderService typeCompensation
ALIGHT SOLUTIONS LLC7 years
Service code 15 · EIN 82-1061233
Recordkeeping
$386,341
AON CONSULTING, INC.7 years
Service code 11 · EIN 22-2232264
Actuarial
$294,437
ERNST AND YOUNG LLP5 years
Service code 10 · EIN 34-6565596
Accounting
$106,000

Enrolled actuary

1 attachment
SB

GREGORY E. SMITH

AON CONSULTING, INC.
Enrollment #2308383
800 CONNECTICUT AVENUE
3RD FLOOR
NORWALK, CT 06854
(203) 852-1100
Signed 2024-09-26

Top hat statement on fileNQDC

Filed February 7, 2019 (most recent of 2 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view
1000 Harbor Blvd.
Weehawken State: NJ Zip Code: 07086
Email— Sign in and upgrade to viewPhone— Sign in and upgrade to view

Plans declared (1)

  • UBS Voluntary Investment Plan2,384 emp
Open the filing PDF

Plan features & details

Pension benefit codes1A1C3F3H
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1C
    Cash balance or similar plan
    A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped
  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II
Admin total
$1.2M
$4325 / participant
  • Actuarial$294K24.9%
  • Contract admin$386K32.7%
  • Other / not subdivided$500K42.3%
% of EOY assets
0.295%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
ERNST AND YOUNG LLP
Auditor EIN
346565596
Audit fees
$106,000
Opinion code
Unqualified