Plan Ledger DOL Form 5500 · updated monthly

McGrath Rentcorp401(k) + ESOP (KSOP)

MCGRATH RENTCORP EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN · LIVERMORE, CA · plan year 2025

Reported admin expense ratio · 2025
0.08%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

McGrath Rentcorp reported $107,998 in plan administrative expenses for 2025: 0.08% of average plan assets, below the peer median. Employer contributions averaged $2,645 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio fell from 0.11% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 712th-largest of 9,483 plans among California employers on file, and the 83rd of 2,096 in real estate & leasing. In 2025, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$147,947,708
Participants with balances1,002
Active participants1,306
Employer contributions$3,454,299
Employee contributions$7,452,614
Employer contribution per active participant$2,645
Average account balance$147,652
Benefits paid to participants$12,768,030
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$147.9M · 1,002 accts · $3.5M emplr
2024$135.0M · 1,011 accts · $3.2M emplr
2023$123.7M · 1,001 accts · $3.1M emplr
2022$102.8M · 970 accts · $2.8M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$93,904
Investment management$14,050
Total administrative$107,998
The McGrath Rentcorp 401(k) match · 2025
Employer contribution per active participant$2,645
Median for plans this size$4,093
2025$2,645 per active participant
2024$2,601 per active participant
2023$2,477 per active participant
2022$2,271 per active participant

McGrath Rentcorp's 2025 employer contribution ran below the $4,093 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$98,655
MORNINGSTAR INC · Investment management$7,029
CHARLES SCHWAB & CO., INC. · Securities brokerage$394

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025Charles Schwab
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$107,998 · 0.08%
2024$94,356 · 0.07%
2023$112,692 · 0.10%
2022$111,921 · 0.11%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 942579843 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.