401(k) · DOL Form 5500 · 2023

Mcgowan & Company, Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
406
Participants Below avg headcount
76th
Percentile by assets National rank
$59,274
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mcgowan & Company, Inc. 401(k) Plan · Sponsored by Mcgowan & Company, Inc. · Ohio · Finance & Insurance

$24M in assets, 406 participants

Mcgowan & Company, Inc.'s Mcgowan & Company, Inc. 401(k) Plan reported $24M in total assets and 406 participants in its 2023 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.

  • #5,634 in Finance & Insurance (8,869 peers)

Where Mcgowan & Company, Inc. 401(k) Plan sits by assets

Mcgowan & Company, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $24M for 406 participants (~$59,274/participant), up 31.4% in 2023.

#5,634
in Finance & Insurance (8,869 peers)
+31.4%
assets growth YoY
0.2×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$24,065,080 Top 24% higher than 76% 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

Mcgowan & Company, 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. Mcgowan & Company, Inc. 401(k) Plan sits mid-pack in the medium band (406 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mcgowan & Company, Inc. 401(k) Plan reported net income rose from -$820K in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Mcgowan & Company, Inc. 401(k) Plan end-of-year assets rose from $18M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Mcgowan & Company, Inc. 401(k) Plan reported participants rose from 365 in the plan year 2022 filing to 406 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 340841381 · Mcgowan & Company, Inc. PY 2023 · 401(k)

Mcgowan & Company, Inc. 401(k) Plan · $24M · 406 · 76th

  • RANK $24M
  • RANK 406
  • RANK 76th
  • RANK 401(k)
  • RANK near W K & O/High Cascade 401(k) Plan
  • RANK ind #5634

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(…$24MW K & O/High Cascade 401(k) PlanW K & O/High Cascade 401(k) …$24MBrain Corporation 401(k) Plan$24MHometrust Mortgage Company Employee 401(k) and Profit Sharing PlanHometrust Mortgage Company E…$24MFairlead Integrated, LLC 401(k) PlanFairlead Integrated, LLC 401…$24M
End-of-year total assets ($M) among Mcgowan & Company, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$24M
Net Income$6M
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 -50510152025 Total assets ($B) Participants Mcgowan & Company, Inc. 401(k) Plan, Total assets ($B): 0.02406508 · Participants: 406Mcgowan & Company, Inc. 401(k) PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings 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 W K & O/High Cascade 401(k) Plan in WA ($24M); by covered participants it is Motion Pt Group, Inc. 401(k) Plan in NJ (406 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (406 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 Mcgowan & Company, Inc. 401(k) Plan assets move in 2023? ▼
Mcgowan & Company, Inc. 401(k) Plan surged - up 31.4% during 2023, from $18M to $24M. Reported net income was $6M.
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 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 Mcgowan & Company, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is W K & O/High Cascade 401(k) Plan in WA ($24M, 409 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 Motion Pt Group, Inc. 401(k) Plan in NJ (406 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 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.