McGraw Insurance Services 401(k) match, vesting and fees
What McGraw Insurance Services' 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 | Newport Group, Inc. | Schedule C ↗ |
| Independent auditor | Jlk Rosenberger, LLP (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 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| McGraw Insurance Services: employer contribution per participant | $3,839 | |
| Peer median | $2,868 |
| McGraw Insurance Services: average balance | $137,270 | |
| Peer median | $95,281 |
| McGraw Insurance Services: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.22% |
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 $29.9M at the end of plan year 2021 to $36.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 280 | $36.1M | $1M | $3,839 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 287 | $30.2M | $992K | $3,619 | 0.07% | Not published | Form 5500 ↗ |
| 2022 | 286 | $25.7M | $882K | $3,232 | 0.04% | Not published | Form 5500 ↗ |
| 2021 | 283 | $29.9M | $800K | $2,985 | 0.05% | Not published | Form 5500 ↗ |
Common questions
Does McGraw Insurance Services match 401(k) contributions?
The match terms for the The Mcgraw Group of Affiliated Companies 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1M in employer contributions, about $3,839 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the McGraw Insurance Services 401(k) match vested?
The vesting schedule for the The Mcgraw Group of Affiliated Companies 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the McGraw Insurance Services 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Newport Group, Inc.. The plan administrator is Mcgraw Insurance Services, LP.
I left McGraw Insurance Services. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Mcgraw Insurance Services, LP, (657) 221-4889) or the recordkeeper, Newport Group, Inc.. The McGraw Insurance Services old 401(k) page lists the contacts from every plan filing. Find an old McGraw Insurance Services 401(k)
Data from the public Form 5500 annual reports McGraw Insurance Services 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 McGraw Insurance Services. Not financial advice. Report a correction · Methodology