Mufg Union Bank, N.a. 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2021. 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 Union Bank, N.a. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2021 filing.
Mufg Union Bank, N.a. 401(k) Plan Facts (plan year 2021)
Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 12, 2022. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2021
- $250.4 million went into the plan in contributions, $62.9 million of it from the employer (25%).
- $275.2 million was paid out to participants.
- Investment and other income added $467.3 million.
- Administrative expenses were $964,873, about $52 per account.
How the Mufg Union Bank, N.a. 401(k) changed, 2016–2021
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2016 | 17,788 | $2.07 billion | $49.7 million | $197.3 million |
| 2017 | 17,895 | $2.42 billion | $52.5 million | $165.6 million |
| 2018 | 18,306 | $2.34 billion | $56.0 million | $187.1 million |
| 2019 | 18,756 | $2.88 billion | $60.1 million | $180.3 million |
| 2020 | 19,178 | $3.32 billion | $62.4 million | $213.0 million |
| 2021 | 19,768 | $3.76 billion | $62.9 million | $275.2 million |
Mufg Union Bank, N.a. 401(k) Contact Information
Questions about the Mufg Union Bank, N.a. 401(k)
Is the Mufg Union Bank, N.a 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.
Does Mufg Union Bank, N.a contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $62.9 million, 25% of all contributions.
Does the Mufg Union Bank, N.a 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Mufg Union Bank, N.a 401(k) plan?
19,768 participants at the start of plan year 2021, 12,849 of them active employees, and 6,958 former employees who still had money in the plan.
What is the average 401(k) balance at Mufg Union Bank, N.a?
About $201,657 per account: $3.76 billion in plan assets across 18,670 accounts with a balance at the end of plan year 2021.
Who manages the Mufg Union Bank, N.a 401(k) accounts?
Empower (listed on the filing as PRUDENTIAL RETIREMENT INSURANCE AND) is the plan's recordkeeper, which is where participants log in to see their balance.