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  2. MUFG BANK, LTD
Sponsor portfolioTH

MUFG BANK, LTD

EIN 13-5611741-Finance and Insurance-Latest filing 2024
Plans
7
Retirement
3
$4.01B assets
Welfare
4
$15.0M premiums
Participants
40,625
1251 AVENUE OF THE AMERICAS, 43RD FLOOR - NEW YORK, NY 10020248-563-8382
Plans on this EIN
7 filings
#015401k-$2.86B - 12,779 part#016CashBalance-$1.07B - 5,878 part#001CashBalance-$80.3M - 853 part#541Fully Insured-$10.0M - 4,348 lives#542Fully Insured-$5.0M - 9,317 lives#546Self Funded-0 lives#547Unknown-0 lives

Retirement portfolio analytics

3 plans aggregated / $4.01B assets / 19,510 participants

Assets by plan

Share of aggregate retirement assets

71%top
  • BANK LTD. 401(K) (#015)71%
  • LTD. RETIREMENT PLAN (#016)27%
  • CASH BALANCE PENSION (#001)2%
Total $4.01BClick slice to drill in

Recordkeeper share

DC plan assets by Schedule C recordkeeper

Entrenched
71%top
  • ALIGHT SOLUTIONS LLC71%
  • (Not disclosed)29%
Total $4.01BClick slice to drill in

Participants by plan

Active + retired + deferred vested

  • BANK LTD. 401(K) (#015)12,779
  • LTD. RETIREMENT PLAN (#016)5,878
  • CASH BALANCE PENSION (#001)853
Total 19,510Click row to drill in

Benefits portfolio analytics

4 plans / $15.0M premiums / 13,665 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Life$3.4M
  • Health$933K
  • Vision$789K
  • Other$760K
  • Dental$290K
Total $15.0M5 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
59%top
  • KAISER FOUNDATION HEALTH PLAN INC59%
  • SECURIAN LIFE INSURANCE COMPANY23%
  • METROPOLITAN LIFE INSURANCE COMPANY7%
  • VISION SERVICE PLAN5%
  • SPRING HEALTH4%
  • +3 more
Total $15.0M8 slices

Broker market share

Schedule A broker compensation

Split broker
96%top
  • WILLIS TOWERS WATSON US LLC96%
  • ALIGHT SOLUTIONS2%
  • ANTHEM INSURANCE COMPANIES, INC.2%
Total $218K3 slices

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#015

MUFG BANK LTD. 401(K) PLAN

401k

Assets$2.86B
Participants12,779
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#016

MUFG BANK, LTD. RETIREMENT PLAN

CashBalance

Assets$1.07B
Participants5,878
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001

THE BANK OF TOKYO-MITSUBISHI UFJ, LTD. CASH BALANCE PENSION PLAN

CashBalance

Assets$80.3M
Participants853
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#541

MUFG BANK, LTD. HEALTH BENEFIT PLAN

Fully Insured - KAISER FOUNDATION HEALTH PLAN INC.

Premiums$10.0M
Covered lives4,348
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#542

MUFG BANK, LTD. EMPLOYEE INSURANCE PLAN

Fully Insured - SECURIAN LIFE INSURANCE COMPANY

Premiums$5.0M
Covered lives9,317
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#546

MUFG BANK, LTD. DISABILITY PLAN

Self Funded

Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#547

MUFG BANK, LTD. RETIREE HEALTH REIMBURSEMENT ACCOUNT PLAN

Unknown

Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans3

Plan #NameTypeAssetsParticipantsLatest year
015MUFG BANK LTD. 401(K) PLAN401k$2.86B12,7792024
016MUFG BANK, LTD. RETIREMENT PLANCashBalance$1.07B5,8782024
001THE BANK OF TOKYO-MITSUBISHI UFJ, LTD. CASH BALANCE PENSION PLANCashBalance$80.3M8532024

Welfare plans4

Plan #NameFundingCarrierPremiumsCoveredLatest year
541MUFG BANK, LTD. HEALTH BENEFIT PLANFully InsuredKAISER FOUNDATION HEALTH PLAN INC.$10.0M4,3482024
542MUFG BANK, LTD. EMPLOYEE INSURANCE PLANFully InsuredSECURIAN LIFE INSURANCE COMPANY$5.0M9,3172024
546MUFG BANK, LTD. DISABILITY PLANSelf Funded-$002024
547MUFG BANK, LTD. RETIREE HEALTH REIMBURSEMENT ACCOUNT PLANUnknown-$002024
Retirement plans
Welfare plans
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