Financial administration, also known as recordkeeping, of the Unitarian Universalist (UU) Organizations Retirement Plan has been by TIAA since November, 2010. TIAA, formerly known as Teachers Insurance and Annuity Association-College Retirement Equities Fund, is the largest provider of retirement services to nonprofit organizations. With the assistance of an independent financial advisory firm, Fiducient Advisors (FA), formerly known as Fiduciary Investment Advisors (FIA), the Plan offers a diverse menu of investment options for plan participants to choose from. All accounts are valued daily after the close of the financial markets, and participants receive quarterly statements from TIAA. Account information is also available by phone: 800-842-2829 or through TIAA's online portal. As of December 31, 2020, the Plan had over $476 million in invested funds.
An employee of the Unitarian Universalist Association (UUA) Office of Church Staff Finances is the Plan Director.
The UUA Office of Church Staff Finances provides participating employers with Plan information and materials, authorizes transactions, and provides general information for over 4,200 participants in the 401(a) with a 401(k) component, qualified multiple employer defined contribution church retirement plan. Under the Restated Plan, effective 01-01-2014, the UUA Retirement Plan Committee is the “plan administrator” (as that term is defined in ERISA Section 3(16)(A)) and shall be responsible for the administration of the Plan except where another entity has been assigned a specific responsibility in the Plan; provided, however, that the Committee may delegate all or any part of its powers, rights, and duties under the Plan to such person or persons as it may deem advisable. Any notice or document relating to the Plan which is to be filed with the plan administrator may be delivered, or mailed by registered or certified mail, postage pre-paid to: Retirement Plan Committee, c/o the Unitarian Universalist Association, 24 Farnsworth Street, Boston, MA 02210-1409. Since the onset of the global health crisis brought on by the novel coronavirus, please also email such notices of documents to firstname.lastname@example.org