Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees - Umwa Cash Deferred Savings Plan of 1988401(k)

UNITED MINE WORKERS OF AMERICA CASH DEFERRED SAVINGS PLAN OF 1988 · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.18%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Board of Trustees - Umwa Cash Deferred Savings Plan of 1988 reported $405,961 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $4,962 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.21% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 50th-largest of 618 plans among District of Columbia employers on file, and the 61st of 612 in mining, oil & gas extraction. In 2024, the employer put in $3.44 for every $1.00 employees contributed themselves; active participation has grown from 1,587 to 2,247 since 2022.

Plan summary
Net assets, end of year$233,836,633
Participants with balances4,947
Active participants2,247
Employer contributions$11,150,344
Employee contributions$3,245,140
Employer contribution per active participant$4,962
Average account balance$47,268
Benefits paid to participants$25,073,381
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$233.8M · 4,947 accts · $11.2M emplr
2023$214.6M · 5,039 accts · $12.1M emplr
2022$189.4M · 5,021 accts · $12.2M emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$35,458
Trustee / custodial$4,825
Total administrative$405,961
The Board of Trustees - Umwa Cash Deferred Savings Plan of 1988 401(k) match · 2024
Employer contribution per active participant$4,962
Median for plans this size$3,635
2024$4,962 per active participant
2023$7,468 per active participant
2022$7,691 per active participant

Board of Trustees - Umwa Cash Deferred Savings Plan of 1988's 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
EMPOWER ANNUITY INSURANCE COMPANY · Accounting / audit · Contract administrator$173,547
PRUDENTIAL RET INS & ANNUITY CO · Accounting / audit · Contract administrator$54,794
1974 PENSION TRUST · Accounting / audit$81,292
WITHUMSMITH+BROWN · Accounting / audit$35,458
MARSH USA, INC · Insurance broker$26,925
KELLY PRESS INC · Other services$5,923

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower, Prudential
2023Prudential

This plan has changed recordkeepers within these filings. If you left Board of Trustees - Umwa Cash Deferred Savings Plan of 1988 before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$405,961 · 0.18%
2023$367,201 · 0.18%
2022$444,406 · 0.21%
Similar plansMining, Oil & Gas Extraction · District of Columbia
Covia Holdings LLC OH$247.1M · 0.08%
Repsol Services Company TX$240.7M · 0.00%
Rosebud Mining Company PA$235.1M · 0.02%
Petro-Hunt, L.L.C. TX$224.8M · 0.04%
Nextier Holding Co. TX$215.4M · 0.30%
U.S. Silica Company TX$215.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 526377947 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.