401(k) · DOL Form 5500 · 2023

Mcgrath Automotive Group, Inc. 401(k) Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
633
Participants Below avg headcount
84th
Percentile by assets National rank
$71,664
Avg per participant Below avg balance/head
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Official DOL plan name: Mcgrath Automotive Group, Inc. 401(k) Plan · Sponsored by Mcgrath Automotive Group, Inc. · Iowa · Retail Trade

$45M in assets, 633 participants

Mcgrath Automotive Group, Inc.'s Mcgrath Automotive Group, Inc. 401(k) Plan reported $45M in total assets and 633 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #7,674 in Retail Trade (8,414 peers)

Where Mcgrath Automotive Group, Inc. 401(k) Plan sits by assets

Mcgrath Automotive Group, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $45M for 633 participants (~$71,664/participant), up 19.7% in 2023.

#7,674
in Retail Trade (8,414 peers)
+19.7%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Mcgrath Automotive Group, Inc. 401(k) Plan's outsized position by total assets

Mcgrath Automotive Group, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$45,363,262 Top 16% higher than 84% of 127,068 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 2023

Mcgrath Automotive Group, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcgrath Automotive Group, Inc. 401(k) Plan sits mid-pack in the medium band (633 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mcgrath Automotive Group, Inc. 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Mcgrath Automotive Group, Inc. 401(k) Plan end-of-year assets rose from $38M in the plan year 2022 filing to $45M in the plan year 2023 filing.
  • Mcgrath Automotive Group, Inc. 401(k) Plan reported participants rose from 588 in the plan year 2022 filing to 633 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 421035653 · Mcgrath Automotive Group, Inc. PY 2023 · 401(k)

Mcgrath Automotive Group, Inc. 401(k) Plan · $45M · 633 · 84th

  • EOY $45M
  • EOY 633
  • EOY 84th
  • EOY 401(k)
  • EOY near American Seafoods Group 401(k) Plan
  • EOY ind #7674

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 Retail Trade retirement plans → · Plans in Iowa →

Mcgrath Automotive Group, Inc. 401(k) Plan in the asset neighbourhood

Mcgrath Automotive Group, Inc. 401(k) PlanMcgrath Automotive Group, In…$45MAmerican Seafoods Group 401(k) PlanAmerican Seafoods Group 401(…$45MColumbia Orthopaedic Group Profit Sharing Plan and TrustColumbia Orthopaedic Group P…$45MKeiter, Stephens, Hurst, Gary & Shreaves 401(k) PlanKeiter, Stephens, Hurst, Gar…$45MAlignment Healthcare USA, LLC 401(k) PlanAlignment Healthcare USA, LL…$45M
End-of-year total assets ($M) among Mcgrath Automotive Group, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$45M
Net Income$7M
Employer EIN421035653
Plan Effective Date1973-01-10
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcgrath Automotive Group, Inc.)

Sponsor-wide plan assets over time

All Mcgrath Automotive Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$50M 30.79754949891405% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $37.9M $49.6M ▲ +30.8%
Year Plans Participants Total Assets
2022 1 588 $38M
2023 1 633 $45M
2024 1 674 $50M

Nearby 401(k) Plans in Iowa

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

Mcgrath Automotive Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Mcgrath Automotive Group, Inc. 401(k) Plan, Total assets ($B): 0.045363262 · Participants: 633Mcgrath Automotive Group, Inc. 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Mcgrath Automotive Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Mcgrath Automotive Group, Inc. 401(k) Plan side-by-side with 3 peers →

Mcgrath Automotive Group, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is American Seafoods Group 401(k) Plan in WA ($45M); by covered participants it is Apptio Retirement Plan in WA (633 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (633 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mcgrath Automotive Group, Inc. 401(k) Plan assets move in 2023? ▼
Mcgrath Automotive Group, Inc. 401(k) Plan grew sharply - up 19.7% during 2023, from $38M to $45M. Reported net income was $7M.
How have Mcgrath Automotive Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mcgrath Automotive Group, Inc.'s sponsor-wide assets grew 30.8%, from $38M to $50M.
Where does Mcgrath Automotive Group, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Mcgrath Automotive Group, Inc. 401(k) Plan ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mcgrath Automotive Group, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is American Seafoods Group 401(k) Plan in WA ($45M, 929 participants).
Which 401(k) plans cover a similar participant headcount to Mcgrath Automotive Group, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Apptio Retirement Plan in WA (633 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 421035653.

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.