401(k) · DOL Form 5500 · 2023

Mitsubishi Gas Chemical America, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets: 234
Participants Below avg headcount: 62nd
Percentile by assets National rank: $50,558
Avg per participant Low balance/head

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Official DOL plan name: Mgc Group 401(k) Plan · Sponsored by Mitsubishi Gas Chemical America, Inc. · New York · Utilities

$12M in assets, 234 participants

Mitsubishi Gas Chemical America, Inc.'s Mgc Group 401(k) Plan reported $12M in total assets and 234 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

#197 in Utilities (721 peers)

Coverage in New York

Mgc Group 401(k) Plan covers 234 participants in New York, about 29% of the average New York filer (state average ~798 per filing). Assets: $12M.

#197
in Utilities (721 peers): +15.7%
assets growth YoY

Mgc Group 401(k) Plan's mid-pack asset rank among Utilities and all filers

Mgc Group 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$11,830,493 Top 38% higher than 62% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Mgc Group 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mgc Group 401(k) Plan sits mid-pack in the medium band (234 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Mgc Group 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
Mgc Group 401(k) Plan reported participants rose from 202 in the plan year 2022 filing to 234 in the plan year 2023 filing.
Mgc Group 401(k) Plan end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 133230137 · Mitsubishi Gas Chemical America, Inc. PY 2023 · 401(k)

Mgc Group 401(k) Plan · $12M · 234 · 62nd

EOY $12M
EOY 234
EOY 62nd
EOY 401(k)
EOY near Blue-White Industries Retirement Savings Plan
EOY ind #197

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 Utilities retirement plans → · Plans in New York →

End-of-year total assets ($M) among Mgc Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)	$10M
Net Assets (End of Year)	$12M
Net Income	$2M
Employer EIN	133230137
Plan Effective Date	1995-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Mitsubishi Gas Chemical America, Inc.)

Latest sponsor-wide plan assets: $13M 28.99971673726716% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	202	$10M
2023	1	234	$12M
2024	1	252	$13M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Mgc Group 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

IBM 401 (K) Plus Plan $57.4B · 54,912
Pfizer Savings Plan $19.6B · 30,033
Morgan Stanley 401(k) Plan $19.2B · 55,363
The Pepsico Savings Plan $13.7B · 133,597
The Goldman Sachs 401(k) Plan $11.4B · 24,866

Compare Mgc Group 401(k) Plan side-by-side with 3 peers →

Mgc Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Blue-White Industries Retirement Savings Plan in CA ($12M); by covered participants it is Toyo Automotive 401(k) Plan in KY (234 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Blue-White Industries Retirement Savings Plan (CA) $12M · 123
Loth Holdings, LLC Profit Sharing and 401(k) Plan (OH) $12M · 161
Azura Credit Union Capital Accumulation Plan (KS) $12M · 147
Mcconnell Golf 401(k) Profit Sharing Plan (NC) $12M · 472

Similar participant headcount

Nearest other-state filings by covered participants (234 participants); asset peers above are excluded.

Toyo Automotive 401(k) Plan (KY) 234 · 0 off
Csm North America LLC Retirement Plan (IN) 234 · 0 off
Bob Barker Company, Inc. 401(k) Plan (NC) 234 · 0 off
Damuth Services, Inc. Profit Sharing 401(k) Plan (VA) 234 · 0 off

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 did Mgc Group 401(k) Plan assets move in 2023? ▼

Mgc Group 401(k) Plan grew sharply - up 15.7% during 2023, from $10M to $12M. Reported net income was $2M.

How have Mitsubishi Gas Chemical America, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Mitsubishi Gas Chemical America, Inc.'s sponsor-wide assets grew 29.0%, from $10M to $13M.

Which 401(k) plans are similar in size to Mgc Group 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Blue-White Industries Retirement Savings Plan in CA ($12M, 123 participants).

Which 401(k) plans cover a similar participant headcount to Mgc Group 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Toyo Automotive 401(k) Plan in KY (234 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 133230137.