David Weil
Administrator, Wage and Hour Division (Departed Administration)
Observations
  • Millionaire
Estimated Net Worth
  • estimated net worth
    $1.7 M - $6.5 M
Salary
  • salary
    Unknown
Departed Administration
  • Yes

Financial Disclosure Details - OGE Form 278e (04/11/2021)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Waltham, Massachusetts
Professor or Dean
Present
2
Cambridge, Massachusetts
Co-Director
Present
3
Cambridge, Massachusetts
Lecturer
Present
4
Washington, District of Columbia
Committee member
10/2020
5
Champaign, Illinois
Executive Board member
12/2021
6
Oakland, California
Consultant
12/2020
7
Boston, Massachusetts
Advisory Board Member
Present

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
Heller School for Social Policy & Management, Brandeis University
Salary
$370,163
2
Harvard Law School Labor and Worklife Program
Consulting Fees
$5,500
3
The Worker's Lab
Consulting Fees
$9,600
4
SEP IRA
4.1
Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX)
$15,001 - $50,000
None (or less than $201)
4.2
Vanguard 500 Index Fund Admiral Shares (VFIAX)
$50,001 - $100,000
None (or less than $201)
5
Vanguard Institutional Target Retirement 2030 Fund Institutional Class Shares (VTTWX)
$1,000,001 - $5,000,000
None (or less than $201)
6
"Turning the Tide", XanEdu Press (value not readily ascertainable)
Rent or Royalties
$1,001 - $2,500
7
“A Stitch in Time”, Oxford University Press, 1999 (value not readily ascertainable)
Rent or Royalties
None (or less than $201)
8
“Full Disclosure,” Cambridge University Press, 2007 (value not readily ascertainable)
Rent or Royalties
$201 - $1,000

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
Waltham, Massachusetts
I will step down as Dean and take a leave of absence as a Professor at Brandeis. I currently receive use of office space, research assistants, and research facilities, as well as access to the university gym and healthcare facilities. These services will discontinue during my leave of absence. . However, during the leave of absence the University will continue to pay for my group life insurance coverage.
4/2021
2
Waltham, Massachusetts
I will continue to participate in this defined contribution plan (SEP IRA). The plan sponsor will not make further contributions after my separation.
8/2017

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
1
Waltham, Massachusetts
Served as Dean for the Heller School at Brandeis overseeing a $33 million budget; 185 faculty, researchers, and staff and a graduate student body of 500. Undertake leadership, management, and administrative duties as the principal officer of the school and leadership roles at the university level.
2
Oakland, California
Provided consulting and advice on a project looking at how provision of emergency funds for low wage workers would operate and the type of emergencies those funds would be applied. Provided methodological and institutional advice on the project.

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
1
Boston Children's Hospital (Non-profit health care institution)
salary
2
Boston Children's Hospital 403(b) Retirement Account
2.1
Fidelity Freedom 2020 Fund Class K Shares (FSNOX)
$250,001 - $500,000
None (or less than $201)
3
Cash Balance Pension Plan--Boston Children's Hospital
$50,001 - $100,000
None (or less than $201)
4
SEP IRA
4.1
Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX)
$15,001 - $50,000
None (or less than $201)
5
Rollover IRA
5.1
Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX)
$15,001 - $50,000
None (or less than $201)
5.2
Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX)
$50,001 - $100,000
None (or less than $201)
5.3
Vanguard Small-Cap Index Fund Admiral Shares (VSMAX)
$50,001 - $100,000
None (or less than $201)

Other Assets and Income

#
Description
Value
Type
Amount
1
Vertex Pharmaceuticals, Inc. (VRTX)
$1,001 - $15,000
None (or less than $201)
2
Delta Air Lines, Inc. (DAL)
$1,001 - $15,000
None (or less than $201)
3
United Parcel Service, Inc. (UPS)
$1,001 - $15,000
None (or less than $201)
4
U.S. bank account #1 (savings)
$15,001 - $50,000
Interest
$201 - $1,000
5
Xcel Energy, Inc. (XEL)
$50,001 - $100,000
Dividends
$1,001 - $2,500
6
U.S. bank account #2 (Checking / Savings)
$15,001 - $50,000
Interest
$201 - $1,000
7
Vanguard Intermediate-Term Bond Index Fund Admiral Shares (VBILX)
$15,001 - $50,000
$201 - $1,000
8
Vanguard 500 Index Fund Admiral Shares (VFIAX)
$15,001 - $50,000
$201 - $1,000
9
Weil Family Irrevocable Trust (Northwest Whole Life Insurance)
$50,001 - $100,000
None (or less than $201)

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
1
Chase Mortgage
$250,001 - $500,000
2020
10
2
Chase Mortgage
$250,001 - $500,000
2018
15

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
1
2
Non-compensated position.
1
4
Non-compensated position.
1
5
Non-compensated position.
1
7
Non-compensated position.
8
2
This mortgage was refinanced into the one listed at line 1 in 2020.

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