Emigrant Bank 401(k) Plan: Login, Facts & Contact Information
Emigrant Bank 401(k) Login
172 former Emigrant Bank employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2022 filing.
Emigrant Bank 401(k) Plan Facts
Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 16, 2023. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2022
- $7.44 million went into the plan in contributions, $2.13 million of it from the employer (29%).
- $6.30 million was paid out to participants.
- Administrative expenses were $175,884, about $280 per account.
How the Emigrant Bank 401(k) changed, 2017–2022
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2017 | 778 | $106.2 million | $2.13 million | $6.37 million |
| 2018 | 787 | $95.6 million | $1.85 million | $5.33 million |
| 2019 | 730 | $116.2 million | $1.89 million | $6.31 million |
| 2020 | 727 | $134.7 million | $2.05 million | $5.58 million |
| 2021 | 713 | $152.9 million | $2.09 million | $6.68 million |
| 2022 | 711 | $129.4 million | $2.13 million | $6.30 million |
Emigrant Bank 401(k) Contact Information
Questions about the Emigrant Bank 401(k)
Does Emigrant Bank contribute to the 401(k)?
The plan does not report an employer matching arrangement on its Form 5500. It did report $2.13 million in employer contributions for plan year 2022.
Does the Emigrant Bank 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Emigrant Bank 401(k) plan?
711 participants at the start of plan year 2022, 501 of them active employees, and 172 former employees who still had money in the plan.
What is the average 401(k) balance at Emigrant Bank?
About $206,009 per account: $129.4 million in plan assets across 628 accounts with a balance at the end of plan year 2022.
Who manages the Emigrant Bank 401(k) accounts?
Newport (an Ascensus company) (listed on the filing as NEWPORT GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Emigrant Bank. How do I access my 401(k)?
Your account stays with Newport (an Ascensus company) after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.