401(k) · DOL Form 5500 · 2024

Asahi Kasei America, Inc. 401(k) Plan

Data updated 2026-08-11

$294M
Total assets
1,440
Participants
96th
Percentile by assets
$203,880
Avg per participant
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Official DOL plan name: Asahi Kasei 401(k) Retirement Plan · Sponsored by Asahi Kasei America, Inc. · Michigan · Professional & Technical Services

$294M in assets, 1,440 participants

Asahi Kasei America, Inc.'s Asahi Kasei 401(k) Retirement Plan reported $294M in total assets and 1,440 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #19,516 in Professional & Technical Services (20,173 peers)

Coverage in Michigan

Asahi Kasei 401(k) Retirement Plan covers 1,440 participants in Michigan, 2.3x the typical Michigan plan (state average ~638 per filing). Assets: $294M.

$294M
total plan assets (2024 EOY)
1,440
covered participants
96th
percentile by assets (of 123,622 plans)
$203,880
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Asahi Kasei 401(k) Retirement Plan end-of-year assets rose from $249M in the plan year 2023 filing to $294M in the plan year 2024 filing.
  • Asahi Kasei 401(k) Retirement Plan reported participants rose from 1,386 in the plan year 2023 filing to 1,440 in the plan year 2024 filing.
  • Asahi Kasei 401(k) Retirement Plan reported net income fell from $46M in the plan year 2023 filing to $44M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Asahi Kasei 401(k) Retirement Plan reports 1,440 participants - 2.3x that state average ($294M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$249M
Net Assets (End of Year)$294M
Net Income$44M
Employer EIN132698638
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Asahi Kasei America, Inc.)

$150M$200M$250M$300M$350M 202220232024 $204M $294M ▲ +44.1%
Total plan assets by year, all Asahi Kasei America, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,190 $204M
2023 1 1,386 $249M
2024 1 1,440 $294M

Nearby 401(k) Plans in Michigan

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

Asahi Kasei 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Asahi Kasei 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Asahi Kasei 401(k) R…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Asahi Kasei 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Asahi Kasei 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Asahi Kasei 401(k) Retirement Plan assets move in 2024?
Asahi Kasei 401(k) Retirement Plan grew sharply - up 17.7% during 2024, from $249M to $294M. Reported net income was $44M.
How have Asahi Kasei America, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Asahi Kasei America, Inc.'s sponsor-wide assets grew 44.1%, from $204M to $294M.
Where does Asahi Kasei 401(k) Retirement Plan rank by assets among Form 5500 filers?
Asahi Kasei 401(k) Retirement Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Asahi Kasei 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is The Savings Plan (401(k)) of Mitsubishi International Corporation in NY ($294M, 1,217 participants).

Filing takeaways

Ways to act on Asahi Kasei 401(k) Retirement Plan's numbers.