Mizuho Bank, Ltd. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2020. 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.

Mizuho Bank, Ltd. 401(k) Plan Facts (plan year 2020)

Plan name
MIZUHO BANK, LTD. 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MIZUHO BANK, LTD.
Participants
2,031 (1,193 active employees)
Former employees with a balance
714
Plan assets
$474,441,649 at Dec 31, 2020
Average account balance
$252,363 across 1,880 accounts
Employer contributions
$10,207,284 in plan year 2020 (39% of all contributions)
Recordkeeper
T Rowe Price Rps Inc
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Sep 1, 1989
✓ 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 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 15, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $26.2 million went into the plan in contributions, $10.2 million of it from the employer (39%).
  • $49.5 million was paid out to participants.
  • Investment and other income added $71.3 million.
  • Administrative expenses were $237,482, about $126 per account.

How the Mizuho Bank, Ltd. 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20151,843$304.2 million$7.74 million$16.3 million
20162,063$342.2 million$8.32 million$13.4 million
20172,216$419.5 million$8.93 million$19.8 million
20182,325$378.4 million$10.8 million$31.8 million
20192,238$424.9 million$9.14 million$36.0 million
20202,031$474.4 million$10.2 million$49.5 million

Mizuho Bank, Ltd. 401(k) Contact Information

Phone
212-282-3278
Mailing address
1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Plan sponsor
MIZUHO BANK, LTD.
Plan administrator
INVESTMENT PLAN COMMITTEE
Employer identification number (EIN)
13-5624234
Plan number
002

Questions about the Mizuho Bank, Ltd. 401(k)

Is the Mizuho Bank, Ltd 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2020, and no later filing was found under this employer's EIN.

Does Mizuho Bank, Ltd contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $10.2 million, 39% of all contributions.

Does the Mizuho Bank, Ltd 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Mizuho Bank, Ltd 401(k) plan?

2,031 participants at the start of plan year 2020, 1,193 of them active employees, and 714 former employees who still had money in the plan.

What is the average 401(k) balance at Mizuho Bank, Ltd?

About $252,363 per account: $474.4 million in plan assets across 1,880 accounts with a balance at the end of plan year 2020.

Who manages the Mizuho Bank, Ltd 401(k) accounts?

T. Rowe Price (listed on the filing as T ROWE PRICE RPS INC) is the plan's recordkeeper, which is where participants log in to see their balance.

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