401(k) · DOL Form 5500 · 2024

Mcgrath Automotive Group, Inc. 401(k) Plan

Data updated 2026-08-25

$50M
Total assets Below avg plan size
674
Participants Below avg headcount
84th
Percentile by assets National rank
$73,551
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

$50M in assets, 674 participants

Mcgrath Automotive Group, Inc.'s Mcgrath Automotive Group, Inc. 401(k) Plan reported $50M in total assets and 674 participants in its 2024 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.

  • #7,324 in Retail Trade (8,048 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, $50M for 674 participants (~$73,551/participant), up 9.3% in 2024.

#7,324
in Retail Trade (8,048 peers)
+9.3%
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 2024 · DOL Form 5500

$49,573,557 Top 16% higher than 84% of 123,620 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 2024

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

Plan-year 2024 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 (674 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mcgrath Automotive Group, Inc. 401(k) Plan reported net income fell from $7M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Mcgrath Automotive Group, Inc. 401(k) Plan end-of-year assets rose from $45M in the plan year 2023 filing to $50M in the plan year 2024 filing.
  • Mcgrath Automotive Group, Inc. 401(k) Plan reported participants rose from 633 in the plan year 2023 filing to 674 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 421035653 · Mcgrath Automotive Group, Inc. PY 2024 · 401(k)

Mcgrath Automotive Group, Inc. 401(k) Plan · $50M · 674 · 84th

  • NET $50M
  • NET 674
  • NET 84th
  • NET 401(k)
  • NET near Mpw Industrial Services Savings Plan
  • NET ind #7324

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

Mpw Industrial Services Savings PlanMpw Industrial Services Savi…$50MMcgrath Automotive Group, Inc. 401(k) PlanMcgrath Automotive Group, In…$50MSyndigo 401(k) Plan$50MArmacell, LLC Retirement Savings PlanArmacell, LLC Retirement Sav…$50MPittsburgh Associates Retirement Savings PlanPittsburgh Associates Retire…$50M
End-of-year total assets ($M) among Mcgrath Automotive Group, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$50M
Net Income$4M
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): 0.049573557 · Participants: 674Mcgrath Automotive Group, Inc. 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select Savings PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retirement PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affiliates 401(k) PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) Retirement Savings Plan
Mcgrath Automotive Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

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 Mpw Industrial Services Savings Plan in OH ($50M); by covered participants it is Natus Medical Incorporated 401(k) Profit Sharing Plan in CA (674 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($50M here).

Similar participant headcount

Nearest other-state filings by covered participants (674 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Mcgrath Automotive Group, Inc. 401(k) Plan grew at a solid clip - up 9.3% during 2024, from $45M to $50M. Reported net income was $4M.
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 123,622 plans that reported assets for plan year 2024 (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 Mpw Industrial Services Savings Plan in OH ($50M, 1,767 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 Natus Medical Incorporated 401(k) Profit Sharing Plan in CA (674 participants, $124M in assets).