Mitsubishi Heavy Industries Americas 401(k) match, vesting and fees
What Mitsubishi Heavy Industries Americas' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Caron & Bletzer, PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Mitsubishi Heavy Industries Americas: employer contribution per participant | $5,828 | |
| Peer median | $2,413 |
| Mitsubishi Heavy Industries Americas: average balance | $133,519 | |
| Peer median | $86,456 |
| Mitsubishi Heavy Industries Americas: admin expenses ÷ assets | 0.14% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $382M at the end of plan year 2021 to $460M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 3,541 | $460M | $20.1M | $5,828 | 0.14% | Not published | Form 5500 ↗ |
| 2023 | 3,368 | $397M | $19M | $5,839 | 0.10% | Not published | Form 5500 ↗ |
| 2022 | 3,529 | $327M | $18.4M | $5,515 | 0.10% | Not published | Form 5500 ↗ |
| 2021 | 3,336 | $382M | $17.3M | $5,315 | 0.11% | Not published | Form 5500 ↗ |
Common questions
Does Mitsubishi Heavy Industries Americas match 401(k) contributions?
The match terms for the Mitsubishi Heavy Industries Americas Inc. Shared Services Plan have not been published from its filing yet. The plan year 2024 filing reports $20.1M in employer contributions, about $5,828 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Mitsubishi Heavy Industries Americas 401(k) match vested?
The vesting schedule for the Mitsubishi Heavy Industries Americas Inc. Shared Services Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Mitsubishi Heavy Industries Americas 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Mitsubishi Heavy Industries Americas Inc..
I left Mitsubishi Heavy Industries Americas. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Mitsubishi Heavy Industries Americas Inc., (346) 308-8836) or the recordkeeper, Fidelity Investments Institutional. The Mitsubishi Heavy Industries Americas old 401(k) page lists the contacts from every plan filing. Find an old Mitsubishi Heavy Industries Americas 401(k)
Data from the public Form 5500 annual reports Mitsubishi Heavy Industries Americas filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Mitsubishi Heavy Industries Americas. Not financial advice. Report a correction · Methodology