401(k) · DOL Form 5500 · 2023

Mitsubishi Electric US, Inc. 401(k) Plan

Data updated 2026-08-25

$767M
Total assets Above avg plan size
3,281
Participants Above avg headcount
98th
Percentile by assets National rank
$233,630
Avg per participant Above avg balance/head
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Official DOL plan name: Mitsubishi Electric U.S. Companies' Retirement Plan · Sponsored by Mitsubishi Electric US, Inc. · California · Wholesale Trade

$767M in assets, 3,281 participants

Mitsubishi Electric US, Inc.'s Mitsubishi Electric U.S. Companies' Retirement Plan reported $767M in total assets and 3,281 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #6,240 in Wholesale Trade (6,309 peers)

Coverage in California

Mitsubishi Electric U.S. Companies' Retirement Plan covers 3,281 participants in California, 5.2x the typical California plan (state average ~630 per filing). Assets: $767M.

#6,240
in Wholesale Trade (6,309 peers)
+21.8%
assets growth YoY
7.7×
vs typical plan assets (national mean)

Mitsubishi Electric U.S. Companies' Retirement Plan's outsized position by total assets

Mitsubishi Electric U.S. Companies' Retirement Plan vs every filed plan by assets

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

$766,540,352 Top 2% higher than 98% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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

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

Mitsubishi Electric U.S. Companies' Retirement 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. Mitsubishi Electric U.S. Companies' Retirement Plan lands in the large band (3,281 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mitsubishi Electric U.S. Companies' Retirement Plan reported net income rose from -$135M in the plan year 2022 filing to $124M in the plan year 2023 filing.
  • Mitsubishi Electric U.S. Companies' Retirement Plan end-of-year assets rose from $629M in the plan year 2022 filing to $767M in the plan year 2023 filing.
  • Mitsubishi Electric U.S. Companies' Retirement Plan reported participants fell from 3,294 in the plan year 2022 filing to 3,281 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 330909808 · Mitsubishi Electric US, Inc. PY 2023 · 401(k)

Mitsubishi Electric U.S. Companies' Retirement Plan · $767M · 3,281 · 98th

  • PART $767M
  • TYPE 3,281
  • NET 98th
  • BOOK 401(k)
  • VS-ST near Sei Capital Accumulation Plan
  • BOY ind #6240

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 Wholesale Trade retirement plans → · Plans in California →

Mitsubishi Electric U.S. Companies' Retirement Plan in the asset neighbourhood

Akin Gump Strauss Hauer & Feld LLP Section 401(k) Profit Sharing PlanAkin Gump Strauss Hauer & Fe…$768MParexel International Corporation 401(k) Retirement Savings PlanParexel International Corpor…$768MMitsubishi Electric U.S. Companies' Retirement PlanMitsubishi Electric U.S. Com…$767MSei Capital Accumulation Plan$766MPnm Resources, Inc. Retirement Savings PlanPnm Resources, Inc. Retireme…$765M
End-of-year total assets ($M) among Mitsubishi Electric U.S. Companies' Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$629M
Net Assets (End of Year)$767M
Net Income$124M
Employer EIN330909808
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mitsubishi Electric US, Inc.)

Sponsor-wide plan assets over time

All Mitsubishi Electric US, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$860M 36.672190470582585% vs 2022
2024 filing year
$600M$700M$800M$900M 202220232024 $629M $860M ▲ +36.7%
Year Plans Participants Total Assets
2022 1 3,294 $629M
2023 1 3,281 $767M
2024 1 3,543 $860M

Nearby 401(k) Plans in California

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

Mitsubishi Electric U.S. Companies' Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Mitsubishi Electric U.S. Companies' Retirement Plan, Total assets ($B): 0.766540352 · Participants: 3281Mitsubishi Electric U.S. Companies' Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Mitsubishi Electric U.S. Companies' Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

Mitsubishi Electric U.S. Companies' Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Sei Capital Accumulation Plan in PA ($766M); by covered participants it is Cumulus Media 401(k) Plan in GA (3,282 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,281 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 did Mitsubishi Electric U.S. Companies' Retirement Plan assets move in 2023? ▼
Mitsubishi Electric U.S. Companies' Retirement Plan grew sharply - up 21.8% during 2023, from $629M to $767M. Reported net income was $124M.
How have Mitsubishi Electric US, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mitsubishi Electric US, Inc.'s sponsor-wide assets grew 36.7%, from $629M to $860M.
Where does Mitsubishi Electric U.S. Companies' Retirement Plan rank by assets among Form 5500 filers? ▼
Mitsubishi Electric U.S. Companies' Retirement Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Mitsubishi Electric U.S. Companies' Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sei Capital Accumulation Plan in PA ($766M, 4,047 participants).
Which 401(k) plans cover a similar participant headcount to Mitsubishi Electric U.S. Companies' Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cumulus Media 401(k) Plan in GA (3,282 participants, $246M in assets).