Mitsubishi Gas Chemical America, Inc. 401(k) Plan: Login, Facts & Contact Information

Mitsubishi Gas Chemical America, Inc. 401(k) Plan Facts

Plan name
MGC GROUP 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MITSUBISHI GAS CHEMICAL AMERICA, INC.
Participants
352 (242 active employees)
Former employees with a balance
97
Plan assets
$13,188,575 at Dec 31, 2024
Average account balance
$51,720 across 255 accounts
Employer contributions
$567,547 in plan year 2024 (27% of all contributions)
Recordkeeper
Empower Life & Annuity Insurance
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1995
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 3, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.10 million went into the plan in contributions, $567,547 of it from the employer (27%).
  • $1.91 million was paid out to participants.
  • Investment and other income added $1.31 million.
  • Administrative expenses were $130,320, about $511 per account.

How the Mitsubishi Gas Chemical America, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019238$11.2 million$359,743$360,326
2020265$11.9 million$442,979$2.00 million
2021283$11.4 million$442,715$3.07 million
2022288$10.2 million$468,793$922,496
2023334$11.8 million$514,950$1.41 million
2024352$13.2 million$567,547$1.91 million

Mitsubishi Gas Chemical America, Inc. 401(k) Contact Information

Phone
212-687-9030
Mailing address
655 THIRD AVE 19 FLOOR, NEW YORK NY 10017
Plan sponsor
MITSUBISHI GAS CHEMICAL AMERICA, INC.
Employer identification number (EIN)
13-3230137
Plan number
001

Questions about the Mitsubishi Gas Chemical America, Inc. 401(k)

Does Mitsubishi Gas Chemical America, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $567,547, 27% of all contributions.

Does the Mitsubishi Gas Chemical America, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Mitsubishi Gas Chemical America, Inc 401(k) plan?

352 participants at the start of plan year 2024, 242 of them active employees, and 97 former employees who still had money in the plan.

What is the average 401(k) balance at Mitsubishi Gas Chemical America, Inc?

About $51,720 per account: $13.2 million in plan assets across 255 accounts with a balance at the end of plan year 2024.

Who manages the Mitsubishi Gas Chemical America, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER LIFE & ANNUITY INSURANCE) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Mitsubishi Gas Chemical America, Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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