Profit Sharing · DOL Form 5500 · 2024

Mitac Computing Technology USA Corporation Profit Sharing Plan

Data updated 2026-07-24

$60M
Total assets
191
Participants
86th
Percentile by assets
$315,884
Avg per participant
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Official DOL plan name: Mitac 401(k) Plan · Sponsored by Mitac Computing Technology USA Corporation · California · Manufacturing

$60M in assets, 191 participants

Mitac Computing Technology USA Corporation's Mitac 401(k) Plan reported $60M in total assets and 191 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 116,472 plans)

Coverage in California

Mitac 401(k) Plan covers 191 participants in California, about 30% of the average California filer (state average ~637 per filing). Assets: $60M.

$60M
total plan assets (2024 EOY)
191
covered participants
86th
percentile by assets (of 116,472 plans)
$315,884
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mitac 401(k) Plan reported net income fell from $8M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Mitac 401(k) Plan reported participants fell from 217 in the plan year 2023 filing to 191 in the plan year 2024 filing.
  • Mitac 401(k) Plan end-of-year assets rose from $57M in the plan year 2023 filing to $60M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Mitac 401(k) Plan reports 191 participants - about 30% of that state average ($60M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$60M
Net Income$4M
Employer EIN680193975
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mitac Computing Technology USA Corporation)

$45M$50M$55M$60M$65M 202220232024 $48.6M $60.3M ▲ +24.2%
Total plan assets by year, all Mitac Computing Technology USA Corporation plans on file
Year Plans Participants Total Assets
2022 1 217 $49M
2023 1 217 $57M
2024 1 191 $60M

Nearby Profit Sharing Plans in California

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Mitac 401(k) Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Mitac 401(k) Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -20246810 Total assets ($B) Participants Mitac 401(k) PlanScpmg Keogh PlanIntel Retirement Con…Motion Picture Indus…Memorialcare Retirem…Disney Retirement Sa…
Mitac 401(k) Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Mitac 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Mitac 401(k) Plan assets move in 2024?
Mitac 401(k) Plan grew at a solid clip - up 6.8% during 2024, from $57M to $60M. Reported net income was $4M.
How have Mitac Computing Technology USA Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Mitac Computing Technology USA Corporation's sponsor-wide assets grew 24.2%, from $49M to $60M.
Where does Mitac 401(k) Plan rank by assets among Form 5500 filers?
Mitac 401(k) Plan ranks in the 86th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Mitac 401(k) Plan?
Among Profit Sharing plans in other states, the closest by assets is Tac Retirement Plan in TX ($60M, 156 participants).

Filing takeaways

Ways to act on Mitac 401(k) Plan's numbers.

  • By total assets, Mitac 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in California. Compare plans
  • Mitac Computing Technology USA Corporation's sponsor-wide assets have grown 24.2% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 680193975.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.