Retirement plan
UBS 401(K) PLAN TRUST
UBS AGEIN 98-0186363Plan #002PY 2024
1000 HARBOR BLVD., 10TH FLOOR - WEEHAWKEN, NJ 070866790201-352-3000
Other plans on this EIN
1 filingProspect flagsHigh feesHigh assets / participantCorrective distributions
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$10206.8M
-5.8% from 2016
Total participants
34,848
+1.5% from 2016
Average account balance
$306,805
-6.1% from 2016
Annual return
15.09%
+166.07 pp from 2016
Benchmarks
Peer group
Industry52 - Finance and Insurance
Plan typeDefined contribution
Participants>=10,000
Cohort92 peers
Snapshot2024
91
Participant deferral / active EE
$15,735
median $8,429
89
Employer contribution / active EE
$8,975
median $4,818
34
Participation rate
93.5%
median 96.2%
98
Avg account balance
$306,805
median $141,415
3
Admin fee / account holder
$418
median $59
52
Annual return
15.09%
median 14.94%
Overall peer rank
61of 100
61st percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$10.21B
Average account balance
Total assets / participants with a balance (line 6g)
$307K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
33,268
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
93.5%
Contributions (total)
Employer and participant dollars contributed each year
$599.47M
Contributions per participant
Average employer and participant contribution per enrolled participant
$25K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+15.09%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$418
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 10 of 14 by compensation
| Provider | Service type | Compensation |
|---|---|---|
Service code 28 · EIN 22-3361201 | Investment Management | $3,812,964 |
PERSHING LLC10+ years Service code 59 · EIN 13-2741729 | Shareholder Servicing | $2,098,504 |
Service code 28 · EIN 52-0556948 | Investment Management | $2,000,620 |
ARTISAN PARTNERS LTD PARTNERSHIP10+ years Service code 28 · EIN 30-0551775 | Investment Management | $1,122,648 |
INVESCO TRUST COMPANY1 year Service code 28 · EIN 46-3793325 | Investment Management | $1,089,328 |
Service code 28 · EIN 47-2614791 | Investment Management | $813,064 |
VICTORY CAPITAL MANAGEMENT2 years Service code 28 · EIN 13-2700161 | Investment Management | $791,591 |
Service code 61 | Distribution (12b-1) fees; Finders' f... | $778,427 |
THE NORTHERN TRUST COMPANY10+ years Service code 16 · EIN 36-1561860 | Consulting | $373,435 |
ALIGHT SOLUTIONS LLC7 years Service code 15 · EIN 36-2235791 | Recordkeeping | $64,965 |
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
Plans declared (1)
- UBS Voluntary Investment Plan2,384 emp
Plan features & details
Pension benefit codes2E2F2G2J2K2T3F3H
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
3 tripped
- OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
- ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
- InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
Expense breakdown
Schedule H Part II
Admin total
$13.9M
$573 / participant
- Recordkeeping$65K0.5%
- Trustee / custodial$4300.0%
- Investment mgmt$14M98.5%
- Legal$34K0.2%
- Actuarial$52K0.4%
- Other / not subdivided$58K0.4%
% of EOY assets
0.136%
all-in expense ratio
Categories reported
5 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- ERNST & YOUNG LLP
- Auditor EIN
- 346565596
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified