New Jersey › Finance and insurance › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
UBS Pension Plan
Sponsored by UBS AG, Weehawken, NJ
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.
In the plan year ending 31 Dec 2024, UBS Pension Plan covered 3,812 participants and held $380M in net assets. The plan is a cash balance pension plan sponsored by UBS AG of Weehawken, New Jersey.
Net assets came to $99,792 per participant, above the $87,935 median for defined benefit plans with 1,000 to 4,999 participants and below the $119,983 median for defined benefit plans in finance and insurance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 3 service provider organisations paid $5,000 or more, with reported compensation of $912K: $239 per participant, well below the same-size median of $325. Administrative expenses charged to the plan were $1.3M. 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 $376M in 2009 to $380M in 2024 (up 1%), and participants from 7,179 to 3,812 (down 47%).
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 | $99,792 | $87,935 | $119,983 | $86,221 |
| Employer contributions per active participant | — | $10,593 | $7,849 | $10,244 |
| Schedule C compensation per participant | $239 | $325 | $352 | $344 |
| Schedule C compensation, share of net assets | 0.24% | 0.41% | 0.32% | 0.42% |
| Administrative expenses per participant | $345 | $513 | $433 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 1,000 to 4,999 participants (1,540 plans), finance and insurance (690) 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 | 3,812 | $380M | $99,792 | — | — | $912K |
| 2023 | 3,968 | $393M | $98,916 | — | — | $787K |
| 2022 | 4,109 | $392M | $95,472 | — | — | $773K |
| 2021 | 4,234 | $448M | $105,794 | — | — | $814K |
| 2020 | 4,384 | $455M | $103,861 | — | — | $846K |
| 2019 | 4,513 | $434M | $96,218 | — | — | $929K |
| 2018 | 4,624 | $405M | $87,645 | $22.0M | — | $379K |
| 2017 | 4,752 | $419M | $88,233 | $35.7M | — | $861K |
| 2016 | 4,867 | $372M | $76,428 | $25.0M | — | $429K |
| 2015 | 5,002 | $358M | $71,653 | — | — | $499K |
| 2014 | 5,113 | $378M | $73,932 | $8.8M | — | $607K |
| 2013 | 5,335 | $352M | $66,025 | $24.7M | — | $628K |
| 2012 | 6,630 | $420M | $63,401 | $11.1M | — | $408K |
| 2011 | 6,818 | $389M | $57,087 | — | — | $524K |
| 2010 | 6,998 | $384M | $54,846 | — | — | $810K |
| 2009 | 7,179 | $376M | $52,367 | — | — | $1.2M |
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$392,500,398
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$15,919,652
- Benefits paid$26,694,328
- Administrative expenses$1,316,812
- Total expenses$28,011,140
- Net income−$12,091,488
- Net transfers$0
- Net assets, end of year$380,408,910
Participants
- Active participants232
- Retired or separated, receiving benefits874
- Retired or separated, entitled to future benefits2,546
- Total participants, end of year3,812
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Aon Consulting, Inc. | Actuarial; Recordkeeping and information management | $468,169 | $0 |
| Alight Solutions LLC | Recordkeeping and information management | $289,004 | $0 |
| Ernst and Young LLP | Accounting (including auditing) | $155,000 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. 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
- Actuarial fees$468,169
- Other administrative expenses$400,768
- Contract administrator fees$289,003
- IQPA audit fees$155,000
- Legal fees$3,872
- Total administrative expenses$1,316,812
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.
- Common/collective trusts$179M · 47.0%
- U.S. Government securities$177M · 46.5%
- Cash (interest and non-interest bearing)$15.9M · 4.2%
- Corporate stocks$5.1M · 1.4%
- Receivables$2.8M · 0.7%
- Registered investment companies (mutual funds)$803K · 0.2%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmErnst and Young LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- 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
1ABenefits are primarily pay related1CCash balance or similar plan3FPlan sponsor(s) received services of leased employees3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 523900: Other Financial Investment Activities (including portfolio management & investment advice).
Other plans of UBS AG
| Plan | Participants | Net assets |
|---|---|---|
| UBS 401(k) Plan Trust | 34,848 | $10.2B |
Similar plans in New Jersey
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| The Depository Trust & Clearing Corporation Retirement Plan | The Depository Trust & Clearing Corporation | 4,064 | $722M | $177,732 |
| New Jersey Manufacturers Insurance Company Retirement Plan | New Jersey Manufacturers Insurance Company | 3,308 | $764M | $231,052 |
| PBF Energy Pension Plan | PBF Holding Company LLC | 4,492 | $427M | $94,951 |
| Retirement Income Plan for Selective Insurance Company of America | Selective Insurance Company of America | 2,729 | $332M | $121,808 |
| Pension Fund United Scenic Artists Local 829 | Board of Trustees of Pension Fund | 4,874 | $533M | $109,369 |
| Valley National Bank Pension Plan | Valley National Bank | 2,443 | $275M | $112,447 |
Defined benefit plans in finance and insurance closest in size.
Questions and answers
How big is UBS Pension Plan?
3,812 participants at the end of the plan year ending 31 Dec 2024, of whom 232 were active employees, with net assets of $380,408,910. Among defined benefit plans that places it in the 1,000 to 4,999 participants band, which held 1,540 plans in plan year 2024.
What does UBS AG contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $912,173 in compensation to service provider organisations, $239 per participant or 0.24% of net assets. The same-size median among plans reporting any Schedule C compensation was $325 per participant. Administrative expenses on Schedule H were $1,316,812. 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 UBS AG. Recordkeeping or administration: Aon Consulting, Inc. and Alight Solutions LLC. The financial statements were audited by Ernst and Young LLP. 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 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 2 Oct 2025. 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 98-0186363, plan 001, received 2 Oct 2025; 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.