Western Union 401(k) match, vesting and fees
What Western Union's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Schwab Retirement Plan Services,inc | Schedule C ↗ |
| Independent auditor | Baker Tilly Us,llp (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,087 defined-contribution plans in professional, scientific, and technical services with 1,000 to 4,999 participants.
| Western Union: employer contribution per participant | $303 | |
| Peer median | $2,556 |
| Western Union: average balance | $162,910 | |
| Peer median | $100,166 |
| Western Union: admin expenses ÷ assets | 0.09% | |
| Peer median | 0.11% |
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 $500M at the end of plan year 2021 to $447M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,768 | $447M | $830K | $303 | 0.09% | Not published | Form 5500 ↗ |
| 2023 | 2,768 | $426M | $4,928 | $2 | 0.10% | Not published | Form 5500 ↗ |
| 2022 | 2,727 | $400M | $2.2M | $826 | 0.07% | Not published | Form 5500 ↗ |
| 2021 | 2,993 | $500M | $8.9M | $2,989 | 0.07% | Not published | Form 5500 ↗ |
Other Western Union plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Western Union Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Western Union match 401(k) contributions?
The match terms for the The Western Union Company Incentive Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $830K in employer contributions, about $303 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Western Union 401(k) match vested?
The vesting schedule for the The Western Union Company Incentive Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Western Union 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Schwab Retirement Plan Services,inc. The plan administrator is The Western Union Company.
I left Western Union. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (The Western Union Company, (720) 332-0159) or the recordkeeper, Schwab Retirement Plan Services,inc. The Western Union old 401(k) page lists the contacts from every plan filing. Find an old Western Union 401(k)
Data from the public Form 5500 annual reports Western Union 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 Western Union. Not financial advice. Report a correction · Methodology