Plan Snapshot
- Plan Sponsor: The Western Union Company
- Sponsor EIN: 204531180
- Sponsor Address: 7001 E. BELLEVIEW AVE., HQ-14, DENVER, CO, 80237
- Plan Type: 401(k)
- Total Participants: 1,368
- Total Assets: $446.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,368 | $446.9M | $830,150 | $18.6M |
| 2023 | 1,372 | $427.8M | $4,928 | $17.5M |
| 2022 | 1,283 | $400.1M | $2.2M | $21.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $143,501 | — | $143,501 |
| INNOVEST PORTFOLIO SOLUTIONS L | NONE | $75,000 | — | $75,000 |
| VANTAGE CONSULTING | NONE | $60,000 | — | $60,000 |
| FISHER INVESTMENTS | NONE | $33,861 | — | $33,861 |
| NORTHERN TRUST COMPANY | NONE | $31,306 | — | $31,306 |
| BAKER TILLY US,LLP | Auditor | $16,800 | — | $16,800 |
| MOSS ADAMS LLP | NONE | $16,800 | — | $16,800 |
| FINANCIAL ENGINES ADVISORS LLC | NONE | $12,881 | — | $12,881 |
| LIFEPRO ASSET MANAGEMENT LLC | NONE | $10,269 | — | $10,269 |
| FLEXIBLE PLAN INVESTMENTS LTD | NONE | $9,243 | — | $9,243 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- FISHER INVESTMENTS — NONE
- BAKER TILLY US,LLP — Auditor
- MOSS ADAMS LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $409,661
- Estimated Expense Ratio: 0.092% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $404,203 | $135,000 | $100,277 | $16,800 | — |
| 2023 | $399,838 | $134,950 | $110,483 | — | — |
| 2022 | $334,811 | $109,377 | — | — | $21,754 |