401(k) · DOL Form 5500 · 2024

Mitsubishi Heavy Industries America Inc. 401(k) Plan

Data updated 2026-08-25

$83M
Total assets Below avg plan size
573
Participants Below avg headcount
89th
Percentile by assets National rank
$145,292
Avg per participant Above avg balance/head
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Official DOL plan name: Mhi Group 401(k) Plan · Sponsored by Mitsubishi Heavy Industries America Inc. · Texas · Manufacturing

$83M in assets, 573 participants

Mitsubishi Heavy Industries America Inc.'s Mhi Group 401(k) Plan reported $83M in total assets and 573 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #14,916 in Manufacturing (17,777 peers)

Where Mhi Group 401(k) Plan sits by assets

Mhi Group 401(k) Plan sits in the top quartile of all filed plans by assets, $83M for 573 participants (~$145,292/participant), up 8.8% in 2024.

#14,916
in Manufacturing (17,777 peers)
+8.8%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Mhi Group 401(k) Plan's outsized position by total assets

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$83,252,096 Top 11% higher than 89% of 123,620 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 2024

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

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mhi Group 401(k) Plan sits mid-pack in the medium band (573 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mhi Group 401(k) Plan reported participants rose from 457 in the plan year 2023 filing to 573 in the plan year 2024 filing.
  • Mhi Group 401(k) Plan reported net income fell from $11M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Mhi Group 401(k) Plan end-of-year assets rose from $76M in the plan year 2023 filing to $83M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 363031033 · Mitsubishi Heavy Industries America Inc. PY 2024 · 401(k)

Mhi Group 401(k) Plan · $83M · 573 · 89th

  • EOY $83M
  • EOY 573
  • EOY 89th
  • EOY 401(k)
  • EOY near Premier Medical Group, Inc. 401(k) Profit Sharing Plan
  • EOY ind #14916

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 Manufacturing retirement plans → · Plans in Texas →

Mhi Group 401(k) Plan in the asset neighbourhood

Missouri Aggregates 401(k) PlanMissouri Aggregates 401(k) P…$83MDescartes Systems Group Employee Retirement PlanDescartes Systems Group Empl…$83MMhi Group 401(k) Plan$83MPremier Medical Group, Inc. 401(k) Profit Sharing PlanPremier Medical Group, Inc. …$83MHearst Television Inc. Union Employee Savings PlanHearst Television Inc. Union…$83M
End-of-year total assets ($M) among Mhi Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$76M
Net Assets (End of Year)$83M
Net Income$10M
Employer EIN363031033
Plan Effective Date1985-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mitsubishi Heavy Industries America Inc.)

Sponsor-wide plan assets over time

All Mitsubishi Heavy Industries America Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$83M 56.967339887822746% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $53M $83.3M ▲ +57.0%
Year Plans Participants Total Assets
2022 1 485 $53M
2023 1 457 $76M
2024 1 573 $83M

Nearby 401(k) Plans in Texas

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

Mhi Group 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Mhi Group 401(k) Plan, Total assets ($B): 0.083252096 · Participants: 573Mhi Group 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Mhi Group 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Mhi Group 401(k) Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Premier Medical Group, Inc. 401(k) Profit Sharing Plan in AL ($83M); by covered participants it is Gates, Hudson & Associates Employee 401(k) Plan in VA (573 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (573 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mhi Group 401(k) Plan assets move in 2024? ▼
Mhi Group 401(k) Plan grew at a solid clip - up 8.8% during 2024, from $76M to $83M. Reported net income was $10M.
How have Mitsubishi Heavy Industries America Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mitsubishi Heavy Industries America Inc.'s sponsor-wide assets grew 57.0%, from $53M to $83M.
Where does Mhi Group 401(k) Plan rank by assets among Form 5500 filers? ▼
Mhi Group 401(k) Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mhi Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Premier Medical Group, Inc. 401(k) Profit Sharing Plan in AL ($83M, 285 participants).
Which 401(k) plans cover a similar participant headcount to Mhi Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gates, Hudson & Associates Employee 401(k) Plan in VA (573 participants, $24M in assets).

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 363031033.

Read our methodology - how this data is sourced, computed, and verified.

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