Plan Ledger DOL Form 5500 · updated monthly

McGraw Insurance Services, LP401(k)

THE MCGRAW GROUP OF AFFILIATED COMPANIES 401(K) PLAN · ANAHEIM, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

McGraw Insurance Services, LP reported $10,204 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,457 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 0.04% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,312th-largest of 9,483 plans among California employers on file, and the 2,127th of 4,798 in finance & insurance. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,102,102
Participants with balances263
Active participants185
Employer contributions$1,009,590
Employee contributions$1,899,840
Employer contribution per active participant$5,457
Average account balance$137,270
Benefits paid to participants$1,527,517
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.1M · 263 accts · $1.0M emplr
2023$30.2M · 274 accts · $992K emplr
2022$25.7M · 273 accts · $882K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,204
Total administrative$10,204
The McGraw Insurance Services, LP 401(k) match · 2024
Employer contribution per active participant$5,457
Median for plans this size$2,416
2024$5,457 per active participant
2023$5,008 per active participant
2022$4,347 per active participant

McGraw Insurance Services, LP's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20241
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$10,204

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$10,204 · 0.03%
2023$20,307 · 0.07%
2022$11,867 · 0.04%
Same employer
Similar plansFinance & Insurance · California
Collectivehealth, Inc CA$37.1M · 0.28%
Venbrook Group, LLC CA$36.5M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472574722 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.