Plan Snapshot
- Plan Sponsor: United Federation Of Teachers And The Uft Welfare Fund
- Sponsor EIN: 133545716
- Sponsor Address: 52 BROADWAY, NEW YORK, NY, 100041603
- Plan Type: DC
- Total Participants: 207
- Total Assets: $38.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 207 | $38.7M | $0 | $1.6M |
| 2023 | 208 | $37.7M | $0 | $1.5M |
| 2022 | 208 | $32.3M | $0 | $1.4M |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MANAGEMENT | $42,338 | — | $42,338 |
| WEAVER AND TIDWELL LLP | AUDITOR | $14,002 | — | $14,002 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,340
- Estimated Expense Ratio: 0.146% 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 | $57,921 | $42,338 | — | $14,002 | — |
| 2023 | $48,475 | — | — | — | — |
| 2022 | $64,745 | — | — | — | — |