Plan Snapshot
- Plan Sponsor: Mufg Bank, Ltd.
- Sponsor EIN: 135611741
- Sponsor Address: 1251 AVENUE OF THE AMERICAS, NEW YORK, NY, 10020
- Plan Type: DB
- Total Participants: 4,560
- Total Assets: $1.1B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,560 | $1.1B | $0 | $0 |
| 2023 | 4,727 | $1.1B | $0 | $0 |
| 2022 | 5,502 | $3.6B | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| RREEF AMERICA II LP | NONE | $1,093,997 | — | $1,093,997 |
| ALIGHT SOLUTIONS LLC | NONE | $841,252 | — | $841,252 |
| PGIM, INC | NONE | $485,677 | — | $485,677 |
| TCW ASSET MANAGEMENT COMPANY | NONE | $390,910 | — | $390,910 |
| CALLAN | NONE | $141,472 | — | $141,472 |
| GALLAGHER BENEFIT SERVICES, INC | NONE | $125,615 | — | $125,615 |
| PILLSBURY WINTHROP SHAW PITTMAN LLP | NONE | $47,777 | — | $47,777 |
| PRUDENTIAL TRUST CO | NONE | $32,055 | — | $32,055 |
| JPMORGAN SECURITIES INC, NEW YORK | NONE | $10,904 | — | $10,904 |
| CITIGROUP GBL MKTS INC, NEW YORK | NONE | $8,618 | — | $8,618 |
| MORGAN STANLEY & CO INC, NY | NONE | $5,227 | — | $5,227 |
| DELOITTE & TOUCHE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — NONE
- PGIM, INC — NONE
- GALLAGHER BENEFIT SERVICES, INC — NONE
- JPMORGAN SECURITIES INC, NEW YORK — NONE
- MORGAN STANLEY & CO INC, NY — NONE
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,183,504
- Estimated Expense Ratio: 0.296% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $3,751,097 | $141,471 | $846,233 | — | — |
| 2023 | $9,021,480 | $411,012 | $2,073,400 | — | — |
| 2022 | $9,795,587 | $5,438,960 | — | — | $1,831,770 |