2023 Form 5500 filing — Mufg Bank, Ltd. Health Benefit Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015174146NAL0029282257001) for Mufg Bank, Ltd. Health Benefit Plan, reported by Mufg Bank, Ltd. under EIN 13-5611741 and plan number 541. It reports 5,895 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015174146NAL0029282257001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mufg Bank, Ltd.
- EIN
- 13-5611741
- Plan number
- 541
- Location
- New York, NY
- Participants
- 5,895
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,040,905
- Total liabilities (EOY)
- $14,321,002
- Net assets (EOY)
- -$10,280,097
- Employer contributions
- $58,575,718
- Participant contributions
- $26,127,597
- Total income / additions
- $85,343,425
- Benefits paid
- $107,209,737
- Administrative expenses
- $3,570,064
- Total expenses
- $110,779,801
- Net increase / (decrease)
- -$25,436,376
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Anthem Insurance Companies, Inc. | CLAIMS PROCESSOR | $2,331,249 | $4,465,357 |
| Alight | BENEFITS ADMINISTRATOR | $460,825 | not reported in the loaded dataset |
| Crossover Health | CONTRACTOR | $391,862 | not reported in the loaded dataset |
| Delta Dental Of California | CONTRACTOR | $147,507 | not reported in the loaded dataset |
| Metropolitan Life Insurance Company | CONTRACTOR | $115,171 | not reported in the loaded dataset |
| Vision Service Plan | CONTRACTOR | $62,780 | not reported in the loaded dataset |
| Wageworks | CONTRACTOR | $60,669 | not reported in the loaded dataset |