Mufg Fund Services (usa) Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2019. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Mufg Fund Services (usa) Llc 401(k) Plan Facts (plan year 2019)

Plan name
MUFG FUND SERVICES (USA) LLC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MUFG FUND SERVICES (USA) LLC
Participants
434 (373 active employees)
Former employees with a balance
91
Plan assets
$19,092,862 at Dec 31, 2019
Average account balance
$47,613 across 401 accounts
Employer contributions
$1,436,672 in plan year 2019 (23% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Nov 1, 2016
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2019 (Jan 1, 2019 – Dec 31, 2019), filed Oct 1, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $6.31 million went into the plan in contributions, $1.44 million of it from the employer (23%).
  • $2.50 million was paid out to participants.
  • Investment and other income added $3.33 million.
  • Administrative expenses were $2,606, about $6 per account.

How the Mufg Fund Services (usa) Llc 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201423$1.32 million$150,879$109,939
201520$938,493$76,597$540,018
2016168$1.14 million$0$5,592
2017175$8.87 million$2.04 million$624,683
2018380$11.9 million$1.32 million$840,855
2019434$19.1 million$1.44 million$2.50 million

Mufg Fund Services (usa) Llc 401(k) Contact Information

Phone
214-459-9812
Mailing address
1221 AVENUE OF THE AMERICAS 10TH FLOOR, NEW YORK NY 10020
Plan sponsor
MUFG FUND SERVICES (USA) LLC
Employer identification number (EIN)
76-0758622
Plan number
001

Questions about the Mufg Fund Services (usa) Llc 401(k)

Is the Mufg Fund Services (usa) Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.

Does Mufg Fund Services (usa) Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $1.44 million, 23% of all contributions.

Does the Mufg Fund Services (usa) Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Mufg Fund Services (usa) Llc 401(k) plan?

434 participants at the start of plan year 2019, 373 of them active employees, and 91 former employees who still had money in the plan.

What is the average 401(k) balance at Mufg Fund Services (usa) Llc?

About $47,613 per account: $19.1 million in plan assets across 401 accounts with a balance at the end of plan year 2019.

Who manages the Mufg Fund Services (usa) Llc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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