401(k) · DOL Form 5500 · 2024

Mitsubishi Heavy Industries Americas Inc. 401(k) Plan

Data updated 2026-08-06

$460M
Total assets
2,572
Participants
97th
Percentile by assets
$178,994
Avg per participant
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Official DOL plan name: Mitsubishi Heavy Industries Americas Inc. Shared Services Plan · Sponsored by Mitsubishi Heavy Industries Americas Inc. · Texas · Manufacturing

$460M in assets, 2,572 participants

Mitsubishi Heavy Industries Americas Inc.'s Mitsubishi Heavy Industries Americas Inc. Shared Services Plan reported $460M in total assets and 2,572 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 116,472 plans)
  • #16,064 in Manufacturing (16,886 peers)

Coverage in Texas

Mitsubishi Heavy Industries Americas Inc. Shared Services Plan covers 2,572 participants in Texas, 3.7x the typical Texas plan (state average ~704 per filing). Assets: $460M.

$460M
total plan assets (2024 EOY)
2,572
covered participants
97th
percentile by assets (of 116,472 plans)
$178,994
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mitsubishi Heavy Industries Americas Inc. Shared Services Plan reported net income fell from $83M in the plan year 2023 filing to $65M in the plan year 2024 filing.
  • Mitsubishi Heavy Industries Americas Inc. Shared Services Plan end-of-year assets rose from $397M in the plan year 2023 filing to $460M in the plan year 2024 filing.
  • Mitsubishi Heavy Industries Americas Inc. Shared Services Plan reported participants fell from 2,738 in the plan year 2023 filing to 2,572 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 704 participants across 9,718 plans. Mitsubishi Heavy Industries Americas Inc. Shared Services Plan reports 2,572 participants - 3.7x that state average ($460M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$397M
Net Assets (End of Year)$460M
Net Income$65M
Employer EIN813608934
Plan Effective Date2008-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mitsubishi Heavy Industries Americas Inc.)

$300M$350M$400M$450M$500M 202220232024 $327M $460M ▲ +41.0%
Total plan assets by year, all Mitsubishi Heavy Industries Americas Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,642 $327M
2023 1 2,738 $397M
2024 1 2,572 $460M

Nearby 401(k) Plans in Texas

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

Mitsubishi Heavy Industries Americas Inc. Shared Services Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Mitsubishi Heavy Industries Americas Inc. Shared Services Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Mitsubishi Heavy Ind…AT&T Retirement Savi…Exxonmobil Savings P…Chevron Employee Sav…Caterpillar 401(k) S…Southwest Airlines C…
Mitsubishi Heavy Industries Americas Inc. Shared Services Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Mitsubishi Heavy Industries Americas Inc. Shared Services Plan by total assets, not by location.

Frequently Asked Questions

How did Mitsubishi Heavy Industries Americas Inc. Shared Services Plan assets move in 2024?
Mitsubishi Heavy Industries Americas Inc. Shared Services Plan grew sharply - up 16.0% during 2024, from $397M to $460M. Reported net income was $65M.
How have Mitsubishi Heavy Industries Americas Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mitsubishi Heavy Industries Americas Inc.'s sponsor-wide assets grew 41.0%, from $327M to $460M.
Where does Mitsubishi Heavy Industries Americas Inc. Shared Services Plan rank by assets among Form 5500 filers?
Mitsubishi Heavy Industries Americas Inc. Shared Services Plan ranks in the 97th percentile by end-of-year assets among 116,472 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 Mitsubishi Heavy Industries Americas Inc. Shared Services Plan?
Among 401(k) plans in other states, the closest by assets is Printpack Inc Savings & Profit Sharing Plan in GA ($461M, 2,477 participants).

Next read for Mitsubishi Heavy Industries Americas Inc…

Filing takeaways

Ways to act on Mitsubishi Heavy Industries Americas Inc. Shared Services Plan's numbers.

  • By total assets, Mitsubishi Heavy Industries Americas Inc. Shared Services Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
  • Mitsubishi Heavy Industries Americas Inc.'s sponsor-wide assets have grown 41.0% since 2022 across 3 plan years on file. More Manufacturing plans