401k Record

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MUFG Bank 401(k)

Recordkeeping fees per participant · MUFG Bank Ltd. 401(k) Plan · plan year 2024

$24.42

Higher than 32% of the 790 plans over $1B that report it.

Source

= $296,566 / 12,146
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251212124343NAL0008231521001, received 2025-12-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251212124343NAL0008231521001, received 2025-12-12

10th: $6.72median $34.2890th: $56.58

Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-12-12.

Cost and contributions

Administrative expenses excluding investment management, per participant

$54.72

10th: $9.43median $44.4790th: $97.55

Higher than 65% of the 1,045 plans over $1B that report it.

Source

= $664,622 / 12,146
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251212124343NAL0008231521001, received 2025-12-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251212124343NAL0008231521001, received 2025-12-12

Administrative expenses per participant

$54.72

10th: $24.33median $70.0390th: $174.36

Higher than 35% of the 1,076 plans over $1B that report it.

Source

= $664,622 / 12,146
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251212124343NAL0008231521001, received 2025-12-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251212124343NAL0008231521001, received 2025-12-12

Administrative expenses as a share of assets

0.023%

10th: 0.013%median 0.046%90th: 0.111%

Higher than 22% of the 1,076 plans over $1B that report it.

Source

= $664,622 / $2,860,352,606
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251212124343NAL0008231521001, received 2025-12-12
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251212124343NAL0008231521001, received 2025-12-12

Employer contributions per participant

$2,839

10th: $1,442median $3,74490th: $8,760

Higher than 35% of the 1,135 plans over $1B that report it.

Source

= $34,478,400 / 12,146
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251212124343NAL0008231521001, received 2025-12-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251212124343NAL0008231521001, received 2025-12-12

Employer share of total contributions

26.5%

10th: 19.8%median 33.4%90th: 47.5%

Higher than 27% of the 1,135 plans over $1B that report it.

Source

= $34,478,400 / $130,169,602
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251212124343NAL0008231521001, received 2025-12-12
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251212124343NAL0008231521001, received 2025-12-12

Plan terms, as stated in MUFG Bank, Ltd.'s SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251212124343NAL0008231521001, received 2025-12-12

Full record, MUFG Bank Ltd. 401(k) Plan

FieldValueSource
Plan sponsorMUFG BANK, LTDForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251212124343NAL0008231521001, received 2025-12-12
Plan nameMUFG BANK LTD. 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251212124343NAL0008231521001, received 2025-12-12
Sponsor EIN / plan number13-5611741 / 015Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251212124343NAL0008231521001, received 2025-12-12
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251212124343NAL0008231521001, received 2025-12-12
Sponsor locationNEW YORK, NYForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251212124343NAL0008231521001, received 2025-12-12
Industry (business code)522110, Finance and insuranceForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251212124343NAL0008231521001, received 2025-12-12
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251212124343NAL0008231521001, received 2025-12-12
Filing received2025-12-12Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251212124343NAL0008231521001, received 2025-12-12
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251212124343NAL0008231521001, received 2025-12-12
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251212124343NAL0008231521001, received 2025-12-12
Participants, beginning of year13,844Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251212124343NAL0008231521001, received 2025-12-12
Active participants5,478Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251212124343NAL0008231521001, received 2025-12-12
Participants, end of year12,779Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251212124343NAL0008231521001, received 2025-12-12
Participants with an account balance12,146Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251212124343NAL0008231521001, received 2025-12-12
Total assets, beginning of year$2,853,897,531Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251212124343NAL0008231521001, received 2025-12-12
Total assets, end of year$2,860,352,606Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251212124343NAL0008231521001, received 2025-12-12
Net assets, end of year$2,860,352,606Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251212124343NAL0008231521001, received 2025-12-12
Total income$535,057,311Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251212124343NAL0008231521001, received 2025-12-12
Net income$6,455,075Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251212124343NAL0008231521001, received 2025-12-12
Employer contributions$34,478,400Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251212124343NAL0008231521001, received 2025-12-12
Participant contributions$82,064,143Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251212124343NAL0008231521001, received 2025-12-12
Other contributions (incl. rollovers)$13,627,059Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251212124343NAL0008231521001, received 2025-12-12
Total contributions$130,169,602Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251212124343NAL0008231521001, received 2025-12-12
Benefit payments$527,694,615Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251212124343NAL0008231521001, received 2025-12-12
Total expenses (incl. benefit payments)$528,602,236Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251212124343NAL0008231521001, received 2025-12-12
Total administrative expenses$664,622Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251212124343NAL0008231521001, received 2025-12-12
Contract administrator fees$39,655Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251212124343NAL0008231521001, received 2025-12-12
Recordkeeping fees$296,566Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251212124343NAL0008231521001, received 2025-12-12
Administrative expenses excluding investment management$664,622derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251212124343NAL0008231521001, received 2025-12-12
Held in common/collective trusts$2,360,605,082Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251212124343NAL0008231521001, received 2025-12-12
Held in mutual funds$377,039,747Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251212124343NAL0008231521001, received 2025-12-12
Independent auditorDELOITTE & TOUCHE LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251212124343NAL0008231521001, received 2025-12-12

Position = column in the DOL layout for form year 2024. Filing 20251212124343NAL0008231521001, received 2025-12-12.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
EMPOWER RETIREMENT, LLCNONE 21 Trustee (bank, trust company or similar); 28 Investment management; 50 Direct payment from the plan $322,658no
ALIGHT SOLUTIONS LLCrecordkeeperNONE 15 Recordkeeping and information management; 50 Direct payment from the plan $296,566yes
ALIGHT FINANCIAL SOLUTIONS, LLCNONE 33 Securities brokerage; 50 Direct payment from the plan; 63 Distribution (12b-1) fees $39,655yes
BNY MELLONNONE 21 Trustee (bank, trust company or similar); 49 Other services; 50 Direct payment from the plan $5,743no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251212124343NAL0008231521001, received 2025-12-12.

What changed since the 2023 plan year

Figure20232024Change
Total assets$2,853,897,531$2,860,352,6060.2%
Participants with a balance13,30512,146-8.7%
Administrative expenses$720,773$664,622-7.8%
Recordkeeping fees per participantnot reported$24.42
Employer contributions$34,886,298$34,478,400-1.2%

Prior filing 20241016153954NAL0015920947001, received 2024-10-16; the plan years are contiguous.

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Sponsor name as filed: MUFG BANK, LTD; SEC registrant: MUFG Bank, Ltd. (CIK 852743, matched by EIN).