District of Columbia › Mining › 25,000 or more participants
Form 5500 statement · plan year 1 Jul 2024 to 30 Jun 2025
United Mine Workers of America 1974 Pension Plan
Sponsored by Umwa 1974 Pension Trust Board of Trustees, Washington, DC
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Umwa 1974 Pension Trust Board of Trustees of Washington, District of Columbia sponsors United Mine Workers of America 1974 Pension Plan, a defined benefit pension plan. Its Form 5500 for the plan year ending 30 Jun 2025 shows 71,051 participants (64 active) and $3.71B in net assets. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $52,158 per participant, well below the $88,040 median for defined benefit plans with 25,000 or more participants and well below the $88,081 median for defined benefit plans in mining. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Employer contributions were $685K for the year ($10,701 per active participant) and benefits paid were $520M. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 15 service provider organisations paid $5,000 or more, with reported compensation of $8.1M: $114 per participant, well below the same-size median of $143. Administrative expenses charged to the plan were $30.3M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $4.25B in 2009 to $3.71B in 2024 (down 13%), and participants from 121,239 to 71,051 (down 41%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $52,158 | $88,040 | $88,081 | $86,221 |
| Employer contributions per active participant | $10,701 | $6,524 | $13,585 | $10,244 |
| Schedule C compensation per participant | $114 | $143 | $409 | $344 |
| Schedule C compensation, share of net assets | 0.22% | 0.26% | 0.43% | 0.42% |
| Administrative expenses per participant | $427 | $306 | $591 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 25,000 or more participants (215 plans), mining (78) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 71,051 | $3.71B | $52,158 | $685K | — | $8.1M |
| 2023 | 73,913 | $3.39B | $45,853 | $484K | — | $7.3M |
| 2022 | 76,653 | $2.94B | $38,297 | $506K | — | $8.6M |
| 2021 | 79,624 | $2.76B | $34,698 | $369K | — | $9.1M |
| 2020 | 83,696 | $3.26B | $38,937 | $2.6M | — | $7.0M |
| 2019 | 87,190 | $3.23B | $37,007 | $11.5M | — | $6.5M |
| 2018 | 90,579 | $2.21B | $24,387 | $19.0M | — | $6.6M |
| 2017 | 93,030 | $2.45B | $26,343 | $30.1M | — | $7.9M |
| 2016 | 95,990 | $2.92B | $30,467 | $21.2M | — | $14.9M |
| 2015 | 99,758 | $3.14B | $31,479 | $55.1M | — | $10.4M |
| 2014 | 103,323 | $3.81B | $36,857 | $97.1M | — | $9.4M |
| 2013 | 106,170 | $4.16B | $39,229 | $106M | $0 | $10.2M |
| 2012 | 110,726 | $4.10B | $37,002 | $115M | — | $17.6M |
| 2011 | 115,084 | $4.21B | $36,569 | $129M | — | $15.2M |
| 2010 | 118,084 | $4.42B | $37,441 | $123M | — | $15.9M |
| 2009 | 121,239 | $4.25B | $35,084 | $101M | — | $15.3M |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$3,389,163,487
- Employer contributions$684,894
- Participant contributions—
- Rollovers and other contributions$729,355,328
- Total contributions$730,040,222
- Total income, including investment results$867,130,158
- Benefits paid$520,066,001
- Administrative expenses$30,325,296
- Total expenses$550,391,297
- Net income$316,738,861
- Net transfers$0
- Net assets, end of year$3,705,902,348
Participants
- Active participants64
- Retired or separated, receiving benefits44,109
- Retired or separated, entitled to future benefits5,629
- Total participants, end of year71,051
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Loomis Sayles & Company | Investment management | $822,764 | $0 |
| Pension Benefit Information | Consulting (general) | $719,912 | $0 |
| Northern Trust Company | Custodial (securities); Investment management | $610,875 | $0 |
| Nomura Corporate Research and Asset | Investment management | $375,434 | $0 |
| Invesco Capital Management | Investment management | $372,055 | $0 |
| State Street Research Management Co. | Investment management | $368,891 | $0 |
| Mooney Green Saindon | Legal | $357,820 | $0 |
| Marsh | Insurance agents and brokers | $308,029 | $0 |
| Withumsmith+brown | Accounting (including auditing) | $288,042 | $0 |
| BlackRock | Investment management | $243,652 | $0 |
| Nisa Investment Advisors LLC | Investment management | $229,025 | $0 |
| Insight Direct USA | Other services | $207,094 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. 3 smaller rows are not shown. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$23,381,116
- Investment advisory and management fees$3,930,758
- Legal fees$1,591,360
- Trustee and custodial fees$610,875
- IQPA audit fees$288,042
- Other trustee fees and expenses$235,000
- Actuarial fees$227,485
- Recordkeeping fees$60,660
- Total administrative expenses$30,325,296
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- U.S. Government securities$1.66B · 43.6%
- Receivables$831M · 21.9%
- Common/collective trusts$538M · 14.2%
- Registered investment companies (mutual funds)$326M · 8.6%
- Corporate debt instruments$289M · 7.6%
- Other investments$89.7M · 2.4%
- Partnership/joint venture interests$26.6M · 0.7%
- Buildings and other property used in plan operation$20.3M · 0.5%
- Corporate stocks$19.4M · 0.5%
- Cash (interest and non-interest bearing)$368K · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmWithumsmith+brown, PC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $625,000
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1BBenefits are primarily flat dollar (includes dollars per year of service)
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 212110: Coal Mining.
Questions and answers
How big is United Mine Workers of America 1974 Pension Plan?
71,051 participants at the end of the plan year ending 30 Jun 2025, of whom 64 were active employees, with net assets of $3,705,902,348. Among defined benefit plans that places it in the 25,000 or more participants band, which held 215 plans in plan year 2024.
What does Umwa 1974 Pension Trust Board of Trustees contribute per participant?
The filing reports $684,894 in employer contributions for the year, which is $10,701 per active participant; the median for plans of the same type and size was $6,524 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $8,087,570 in compensation to service provider organisations, $114 per participant or 0.22% of net assets. The same-size median among plans reporting any Schedule C compensation was $143 per participant. Administrative expenses on Schedule H were $30,325,296. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Umwa 1974 Pension Trust Board of Trustees. Investment advisory or management: Loomis Sayles & Company, Northern Trust Company and Nomura Corporate Research and Asset. Trustee or custodian: Northern Trust Company. The financial statements were audited by Withumsmith+brown, PC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jul 2024 to 30 Jun 2025, received by the Department of Labor on 14 Apr 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 52-1050282, plan 002, received 14 Apr 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.