Board of Trustees - Umwa Cash Deferred Savings Plan of 1988 401(k) match, vesting and fees
What Board of Trustees - Umwa Cash Deferred Savings Plan of 1988's 401(k) plan says about matching contributions
Employers do not match any amounts deferred by participants.
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | Audit report, p. 30 ↗ |
| Recordkeeper | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Withumsmith+brown (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
All rows are from the plan year 2024 filing; plan features from its audit report.
How the plan compares
Plan year 2024 medians for 89 defined-contribution plans in mining, quarrying, and oil and gas extraction with 1,000 to 4,999 participants.
| Board of Trustees - Umwa Cash Deferred Savings Plan of 1988: employer contribution per participant | $2,254 | |
| Peer median | $4,558 |
| Board of Trustees - Umwa Cash Deferred Savings Plan of 1988: average balance | $47,268 | |
| Peer median | $124,843 |
| Board of Trustees - Umwa Cash Deferred Savings Plan of 1988: admin expenses ÷ assets | 0.18% | |
| Peer median | 0.07% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $225M at the end of plan year 2021 to $234M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 5,551 | $234M | $11.2M | $2,254 | 0.18% | Quoted in the audit report, p. 30 ↗ | Form 5500 ↗ |
| 2023 | 5,039 | $215M | $12.1M | $2,404 | 0.18% | Not published | Form 5500 ↗ |
| 2022 | 5,021 | $189M | $12.2M | $2,431 | 0.21% | Not published | Form 5500 ↗ |
| 2021 | 4,857 | $225M | $12.9M | $2,670 | 0.22% | Not published | Form 5500 ↗ |
Common questions
Does Board of Trustees - Umwa Cash Deferred Savings Plan of 1988 match 401(k) contributions?
The audit report attached to the United Mine Workers of America Cash Deferred Savings Plan of 1988's plan year 2024 Form 5500, page 30 says: “Employers do not match any amounts deferred by participants.” Plan terms may have changed; check your current Summary Plan Description.
When is the Board of Trustees - Umwa Cash Deferred Savings Plan of 1988 401(k) match vested?
The vesting schedule for the United Mine Workers of America Cash Deferred Savings Plan of 1988 is not in the data published so far. Your Summary Plan Description states it.
Who manages the Board of Trustees - Umwa Cash Deferred Savings Plan of 1988 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Board of Trustees - Umwa Cash Deferred Savings Plan of 1988.
I left Board of Trustees - Umwa Cash Deferred Savings Plan of 1988. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Board of Trustees - Umwa Cash Deferred Savings Plan of 1988, (202) 521-2200) or the recordkeeper, Empower Annuity Insurance Company. The Board of Trustees - Umwa Cash Deferred Savings Plan of 1988 old 401(k) page lists the contacts from every plan filing. Find an old Board of Trustees - Umwa Cash Deferred Savings Plan of 1988 401(k)
Data from the public Form 5500 annual reports Board of Trustees - Umwa Cash Deferred Savings Plan of 1988 filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Board of Trustees - Umwa Cash Deferred Savings Plan of 1988. Not financial advice. Report a correction · Methodology