401(k) · DOL Form 5500 · 2024

Mcgowan & Company, Inc. 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
485
Participants Below avg headcount
77th
Percentile by assets National rank
$61,275
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

$30M in assets, 485 participants

Mcgowan & Company, Inc.'s Mcgowan & Company, Inc. 401(k) Plan reported $30M in total assets and 485 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.

  • #5,519 in Finance & Insurance (8,549 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, $30M for 485 participants (~$61,275/participant), up 23.5% in 2024.

#5,519
in Finance & Insurance (8,549 peers)
+23.5%
assets growth YoY
0.3×
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 2024 · DOL Form 5500

$29,718,308 Top 23% higher than 77% 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

Mcgowan & Company, 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. Mcgowan & Company, Inc. 401(k) Plan sits mid-pack in the medium band (485 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mcgowan & Company, Inc. 401(k) Plan end-of-year assets rose from $24M in the plan year 2023 filing to $30M in the plan year 2024 filing.
  • Mcgowan & Company, Inc. 401(k) Plan reported participants rose from 406 in the plan year 2023 filing to 485 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 340841381 · Mcgowan & Company, Inc. PY 2024 · 401(k)

Mcgowan & Company, Inc. 401(k) Plan · $30M · 485 · 77th

  • PART $30M
  • PART 485
  • PART 77th
  • PART 401(k)
  • PART near Adient Production Employees Savings and Investment (401(k)) Plan
  • PART ind #5519

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(…$30MAdient Production Employees Savings and Investment (401(k)) PlanAdient Production Employees …$30MUnqork Inc. 401(k) Retirement PlanUnqork Inc. 401(k) Retiremen…$30MHfs 401(k) Savings Plan$30MSaes Getters 401(k) Plan$30M
End-of-year total assets ($M) among Mcgowan & Company, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$30M
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 -505101520 Total assets ($B) Participants Mcgowan & Company, Inc. 401(k) Plan, Total assets ($B): 0.029718308 · Participants: 485Mcgowan & Company, Inc. 401(k) PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement 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 Adient Production Employees Savings and Investment (401(k)) Plan in MI ($30M); by covered participants it is Home Buyers Warranty Corporation Tax Saver 401(k) Salary Reduction Plan in CO (485 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($30M here).

Similar participant headcount

Nearest other-state filings by covered participants (485 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 Mcgowan & Company, Inc. 401(k) Plan assets move in 2024? ▼
Mcgowan & Company, Inc. 401(k) Plan grew sharply - up 23.5% during 2024, from $24M to $30M. 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 77th 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 Mcgowan & Company, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Adient Production Employees Savings and Investment (401(k)) Plan in MI ($30M, 1,067 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 Home Buyers Warranty Corporation Tax Saver 401(k) Salary Reduction Plan in CO (485 participants, $34M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.