401(k) · DOL Form 5500 · 2022

Mcgowan & Company, Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
365
Participants Below avg headcount
76th
Percentile by assets National rank
$50,177
Avg per participant Low balance/head
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Official DOL plan name: Mcgowan & Company, Inc. 401(k) Plan · Sponsored by Mcgowan & Company, Inc. · Ohio · Finance & Insurance

$18M in assets, 365 participants

Mcgowan & Company, Inc.'s Mcgowan & Company, Inc. 401(k) Plan reported $18M in total assets and 365 participants in its 2022 DOL Form 5500 filing, ranking in the 76th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,740 in Finance & Insurance (9,261 peers)

Coverage in Ohio

Mcgowan & Company, Inc. 401(k) Plan covers 365 participants in Ohio, about 48% of the average Ohio filer (state average ~765 per filing). Assets: $18M.

#5,740
in Finance & Insurance (9,261 peers)
-4.3%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $820K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mcgowan & Company, Inc. 401(k) Plan's outsized position by total assets

Mcgowan & Company, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$18,314,636 Top 24% higher than 76% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Mcgowan & Company, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcgowan & Company, Inc. 401(k) Plan sits mid-pack in the medium band (365 participants).

Form 5500 schedule snapshot

Filing strip 340841381 · Mcgowan & Company, Inc. PY 2022 · 401(k)

Mcgowan & Company, Inc. 401(k) Plan · $18M · 365 · 76th

  • EIN $18M
  • RANK 365
  • PHOTO 76th
  • IND 401(k)
  • EOY near Dramm Corporation Employees' 401(k) Profit Sharing Plan
  • 5500 ind #5740

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Ohio →

Mcgowan & Company, Inc. 401(k) Plan in the asset neighbourhood

Mcgowan & Company, Inc. 401(k) PlanMcgowan & Company, Inc. 401(…$18MDramm Corporation Employees' 401(k) Profit Sharing PlanDramm Corporation Employees'…$18MSeal & Design, Inc. 401(k) Profit Sharing PlanSeal & Design, Inc. 401(k) P…$18MWright & Mcgill Company 401(k) Profit Sharing PlanWright & Mcgill Company 401(…$18MZb Davis 401(k) Plan$18M
End-of-year total assets ($M) among Mcgowan & Company, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$18M
Net Income-$820K
Employer EIN340841381
Plan Effective Date1972-12-22
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcgowan & Company, Inc.)

Sponsor-wide plan assets over time

All Mcgowan & Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$30M 62.26534887179849% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $18.3M $29.7M ▲ +62.3%
Year Plans Participants Total Assets
2022 1 365 $18M
2023 1 406 $24M
2024 1 485 $30M

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Mcgowan & Company, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Mcgowan & Company, Inc. 401(k) Plan, Total assets ($B): 0.018314636 · Participants: 365Mcgowan & Company, Inc. 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Mcgowan & Company, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Mcgowan & Company, Inc. 401(k) Plan side-by-side with 3 peers →

Mcgowan & Company, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Dramm Corporation Employees' 401(k) Profit Sharing Plan in WI ($18M); by covered participants it is Your Part-Time Controller, LLC 401(k) Profit Sharing Plan in PA (365 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (365 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mcgowan & Company, Inc. 401(k) Plan assets move in 2022? ▼
Mcgowan & Company, Inc. 401(k) Plan edged down modestly - down 4.3% during 2022, from $19M to $18M. Reported net income was -$820K.
How have Mcgowan & Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mcgowan & Company, Inc.'s sponsor-wide assets grew 62.3%, from $18M to $30M.
Where does Mcgowan & Company, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Mcgowan & Company, Inc. 401(k) Plan ranks in the 76th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mcgowan & Company, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Dramm Corporation Employees' 401(k) Profit Sharing Plan in WI ($18M, 100 participants).
Which 401(k) plans cover a similar participant headcount to Mcgowan & Company, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Your Part-Time Controller, LLC 401(k) Profit Sharing Plan in PA (365 participants, $25M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 340841381.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.