Defined Benefit (Pension) · DOL Form 5500 · 2023

U.S. Bancorp Pension Plan

Data updated 2026-08-25

N/A
Total assets —
6,216
Participants Above avg headcount
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Official DOL plan name: U.S. Bank Mufg Pension Plan · Sponsored by U.S. Bancorp · Minnesota · Finance & Insurance

N/A in assets, 6,216 participants

U.S. Bancorp's U.S. Bank Mufg Pension Plan reported N/A in total assets and 6,216 participants in its 2023 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

Coverage in Minnesota

U.S. Bank Mufg Pension Plan covers 6,216 participants in Minnesota, 5.5x the typical Minnesota plan (state average ~1,126 per filing). Assets: N/A.

$34M
reported net income

U.S. Bank Mufg Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. U.S. Bank Mufg Pension Plan lands in the large band (6,216 participants).

Published 5500 schedule card

Filing strip 410255900 · U.S. Bancorp PY 2023 · Defined Benefit (Pension)

U.S. Bank Mufg Pension Plan · N/A · 6,216

  • PART N/A
  • TYPE 6,216
  • NET PY 2023
  • BOOK Defined Benefit (Pension)
  • VS-ST near Central Pennsylvania Teamsters Defined Benefit Plan
  • BOY 5.5× state

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Minnesota →

Minnesota filing particulars

Total Assets (Beginning of Year)$805M
Net Assets (End of Year)N/A
Net Income$34M
Employer EIN410255900
Plan Effective Date2022-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (U.S. Bancorp)

Sponsor-wide plan assets over time

All U.S. Bancorp plans reported in each filing year

Latest sponsor-wide plan assets
$19.3B 29.291812626886752% vs 2022
2024 filing year
$14B$16B$18B$20B 202220232024 $14.9B $19.3B ▲ +29.3%
Year Plans Participants Total Assets
2022 3 124,880 $14.9B
2023 4 139,502 $17.2B
2024 3 140,881 $19.3B

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

U.S. Bank Mufg Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 5 data points. -20000020000400006000080000 051015 Total assets ($B) Participants 3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
U.S. Bank Mufg Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

U.S. Bank Mufg Pension Plan's closest out-of-state Defined Benefit (Pension) peers by headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by covered participants is Central Pennsylvania Teamsters Defined Benefit Plan in PA (6,206 participants; this filing: 6,216 participants).

Similar participant headcount

Nearest other-state filings by covered participants (6,216 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How have U.S. Bancorp plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), U.S. Bancorp's sponsor-wide assets grew 29.3%, from $14.9B to $19.3B.
Which Defined Benefit (Pension) plans cover a similar participant headcount to U.S. Bank Mufg Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Central Pennsylvania Teamsters Defined Benefit Plan in PA (6,206 participants, $1.4B in assets).