Employers › McGRATH RENTCORP
Recordkeeping fees per participant · Mcgrath Rentcorp Employee Stock Ownership and 401(k) Plan · plan year 2024
$110.87
Higher than 79% of the 5,847 plans $50 to 250M that report it.
= $112,091 / 1,011
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250620154525NAL0004036145001, received 2025-06-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250620154525NAL0004036145001, received 2025-06-20
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-06-20.
Administrative expenses excluding investment management, per participant
$83.57
Higher than 43% of the 8,758 plans $50 to 250M that report it.
= $84,491 / 1,011
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250620154525NAL0004036145001, received 2025-06-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250620154525NAL0004036145001, received 2025-06-20
Administrative expenses per participant
$93.33
Higher than 33% of the 9,042 plans $50 to 250M that report it.
= $94,356 / 1,011
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250620154525NAL0004036145001, received 2025-06-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250620154525NAL0004036145001, received 2025-06-20
Administrative expenses as a share of assets
0.070%
Higher than 27% of the 9,049 plans $50 to 250M that report it.
= $94,356 / $135,250,430
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250620154525NAL0004036145001, received 2025-06-20
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250620154525NAL0004036145001, received 2025-06-20
Employer contributions per participant
$3,182
Higher than 58% of the 9,105 plans $50 to 250M that report it.
= $3,217,237 / 1,011
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250620154525NAL0004036145001, received 2025-06-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250620154525NAL0004036145001, received 2025-06-20
Employer share of total contributions
27.8%
Higher than 44% of the 9,112 plans $50 to 250M that report it.
= $3,217,237 / $11,554,410
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250620154525NAL0004036145001, received 2025-06-20
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250620154525NAL0004036145001, received 2025-06-20
Employer match
“Employees who have completed a minimum of 1,000 hours are also entitled to a Safe Harbor matching contribution, as defined in the Code, from the Company equal to 100% of the employee’s deferral into the KSOP, up to a maximum of 4% of the employee’s eligible compensation.”
Form 11-K filed 2026-06-04, for the year ended 2025-12-31 · plan description note, contributions · source document
Vesting
“A participant’s account balance is 100 percent vested upon death, disability, or normal retirement (age 65).”
Form 11-K filed 2026-06-04, for the year ended 2025-12-31 · plan description note, vesting · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2A age/service-weighted · 2E profit-sharing · 2F ERISA 404(c) plan · 2H partially participant-directed · 2I · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2R participant brokerage window · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250620154525NAL0004036145001, received 2025-06-20
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MCGRATH RENTCORP | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Plan name | MCGRATH RENTCORP EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Sponsor EIN / plan number | 94-2579843 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Sponsor location | LIVERMORE, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Industry (business code) | 532400, Real estate and rental and leasing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Filing received | 2025-06-20 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Participants, beginning of year | 1,461 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Active participants | 1,237 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Participants, end of year | 1,467 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Participants with an account balance | 1,011 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Total assets, beginning of year | $123,760,867 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Total assets, end of year | $135,250,430 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Net assets, end of year | $135,020,028 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Total income | $22,968,723 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Net income | $11,287,644 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Employer contributions | $3,217,237 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Participant contributions | $6,856,286 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Other contributions (incl. rollovers) | $1,480,887 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Total contributions | $11,554,410 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Benefit payments | $11,584,710 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Total expenses (incl. benefit payments) | $11,681,079 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Total administrative expenses | $94,356 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Recordkeeping fees | $112,091 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Investment advisory and management fees | $9,865 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Administrative expenses excluding investment management | $84,491 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Held in common/collective trusts | $90,094,068 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Held in mutual funds | $3,945,197 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250620154525NAL0004036145001, received 2025-06-20 |
| Independent auditor | GRANT THORNTON LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250620154525NAL0004036145001, received 2025-06-20 |
Position = column in the DOL layout for form year 2024. Filing 20250620154525NAL0004036145001, received 2025-06-20.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INCrecordkeeper | NONE | 15 Recordkeeping and information management; 26 Investment advisory (participants); 50 Direct payment from the plan; 64 Recordkeeping fees | $115,375 | no |
| MORNINGSTAR INC | NONE | 28 Investment management; 50 Direct payment from the plan | $5,888 | no |
| CHARLES SCHWAB & CO., INC. | NONE | 33 Securities brokerage; 50 Direct payment from the plan; 59 Shareholder servicing fees; 62 Float revenue; 71 Securities brokerage commissions and fees | $510 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250620154525NAL0004036145001, received 2025-06-20.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $123,760,867 | $135,250,430 | 9.3% |
| Participants with a balance | 1,001 | 1,011 | 1.0% |
| Administrative expenses | $112,692 | $94,356 | -16.3% |
| Recordkeeping fees per participant | $111.79 | $110.87 | -0.8% |
| Employer contributions | $3,054,102 | $3,217,237 | 5.3% |
Prior filing 20240612111502NAL0029180753001, received 2024-06-12; the plan years are contiguous.
Sponsor name as filed: MCGRATH RENTCORP; SEC registrant: MCGRATH RENTCORP (CIK 752714, matched by EIN; display name from the Form 11-K cover).