Woori America Bank 401(k) Plan: Login, Facts & Contact Information

Woori America Bank 401(k) Plan Facts

Plan name
WOORI AMERICA BANK 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WOORI AMERICA BANK
Participants
418 (257 active employees)
Former employees with a balance
148
Plan assets
$31,826,338 at Dec 31, 2024
Average account balance
$84,420 across 377 accounts
Employer contributions
$823,346 in plan year 2024 (27% of all contributions)
Recordkeeper
Empower Life & Annuity Insurance Co
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 15, 2003
✓ 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 19, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.08 million went into the plan in contributions, $823,346 of it from the employer (27%).
  • $1.43 million was paid out to participants.
  • Investment and other income added $4.71 million.
  • Administrative expenses were $107,748, about $286 per account.

How the Woori America Bank 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019305$14.3 million$552,210$719,034
2020346$18.0 million$630,591$1.09 million
2021358$22.0 million$673,537$247,240
2022373$19.5 million$635,929$569,917
2023390$25.6 million$750,267$741,451
2024418$31.8 million$823,346$1.43 million

Woori America Bank 401(k) Contact Information

Phone
646-852-9453
Mailing address
330 FIFTH AVE. 3FL, NEW YORK NY 10001
Plan sponsor
WOORI AMERICA BANK
Employer identification number (EIN)
13-3192702
Plan number
001

Questions about the Woori America Bank 401(k)

Does Woori America Bank contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $823,346, 27% of all contributions.

Does the Woori America Bank 401(k) have automatic enrollment?

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

How many people are in the Woori America Bank 401(k) plan?

418 participants at the start of plan year 2024, 257 of them active employees, and 148 former employees who still had money in the plan.

What is the average 401(k) balance at Woori America Bank?

About $84,420 per account: $31.8 million in plan assets across 377 accounts with a balance at the end of plan year 2024.

Who manages the Woori America Bank 401(k) accounts?

Empower (listed on the filing as EMPOWER LIFE & ANNUITY INSURANCE CO) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Woori America Bank. How do I access my 401(k)?

Your account stays with Empower 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.

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