Plan Ledger DOL Form 5500 · updated monthly

McGraw-Hill Education Holdings, LLC401(k)

MCGRAW-HILL EDUCATION 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

McGraw-Hill Education Holdings, LLC reported $479,957 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $4,407 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 2 years on file its reported administrative ratio fell from 0.11% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 130th-largest of 5,648 plans among New York employers on file, and the 193rd of 11,654 in professional & technical services. In 2024, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$906,233,250
Participants with balances4,859
Active participants3,462
Employer contributions$15,258,276
Employee contributions$35,354,036
Employer contribution per active participant$4,407
Average account balance$186,506
Benefits paid to participants$78,358,953
Plan auditUnmodified (clean) audit opinion
AuditorERNST AND YOUNG
Plan history3
Yearassets · accounts · employer contribution
2024$906.2M · 4,859 accts · $15.3M emplr
2023$810.7M · 4,799 accts · $15.9M emplr
2022$714.0M · 4,937 accts · $14.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$179,081
Investment management$300,876
Total administrative$479,957
The McGraw-Hill Education Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$4,407
Median for plans this size$4,294
2024$4,407 per active participant
2023$4,710 per active participant
2022$4,102 per active participant

McGraw-Hill Education Holdings, LLC's 2024 employer contribution ran above the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$195,283
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$186,189
NEWPORT GROUP SECURITIES, INC. · Investment advisory (plan)$62,710

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

Administrative cost history3
2024$479,957 · 0.06%
2023$445,322 · 0.06%
2022$848,044 · 0.11%
Same employer
Similar plansProfessional & Technical Services · New York
White & Case, LLP NY$1.1B · 0.03%
Weil, Gotshal & Manges LLP NY$785.9M · 0.00%
Kyndryl, Inc. NY$764.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900942340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.