Employers › McGraw-Hill Global Education Holdings
Recordkeeping fees per participant · Mcgraw Hill 401(k) Plan · plan year 2024
$36.49
Higher than 32% of the 1,697 plans $250M to 1B that report it.
= $177,281 / 4,859
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013125507NAL0002886882001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013125507NAL0002886882001, received 2025-10-13
Percentiles compare this plan with the Schedule H plans $250M to 1B 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 2025-10-13.
Administrative expenses excluding investment management, per participant
$36.86
Higher than 20% of the 2,324 plans $250M to 1B that report it.
= $179,081 / 4,859
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013125507NAL0002886882001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013125507NAL0002886882001, received 2025-10-13
Administrative expenses per participant
$98.78
Higher than 58% of the 2,405 plans $250M to 1B that report it.
= $479,957 / 4,859
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013125507NAL0002886882001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013125507NAL0002886882001, received 2025-10-13
Administrative expenses as a share of assets
0.053%
Higher than 35% of the 2,407 plans $250M to 1B that report it.
= $479,957 / $906,364,129
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013125507NAL0002886882001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013125507NAL0002886882001, received 2025-10-13
Employer contributions per participant
$3,140
Higher than 51% of the 2,457 plans $250M to 1B that report it.
= $15,258,276 / 4,859
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013125507NAL0002886882001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013125507NAL0002886882001, received 2025-10-13
Employer share of total contributions
27.5%
Higher than 39% of the 2,459 plans $250M to 1B that report it.
= $15,258,276 / $55,402,043
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013125507NAL0002886882001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013125507NAL0002886882001, received 2025-10-13
Plan terms are not published in public filings.
3H controlled-group sponsor · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013125507NAL0002886882001, received 2025-10-13
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MCGRAW-HILL EDUCATION HOLDINGS, LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Plan name | MCGRAW HILL 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Sponsor EIN / plan number | 90-0942340 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Sponsor location | NEW YORK, NY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Industry (business code) | 541511, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Filing received | 2025-10-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Participants, beginning of year | 4,846 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Active participants | 3,462 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Participants, end of year | 4,935 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Participants with an account balance | 4,859 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Total assets, beginning of year | $810,830,917 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Total assets, end of year | $906,364,129 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Net assets, end of year | $906,233,250 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Total income | $174,354,070 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Net income | $95,490,333 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Employer contributions | $15,258,276 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Participant contributions | $35,354,036 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Other contributions (incl. rollovers) | $4,789,731 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Total contributions | $55,402,043 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Benefit payments | $78,358,953 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Total expenses (incl. benefit payments) | $78,863,737 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Total administrative expenses | $479,957 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Contract administrator fees | $1,800 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Recordkeeping fees | $177,281 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Investment advisory and management fees | $300,876 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Administrative expenses excluding investment management | $179,081 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Held in common/collective trusts | $751,624,159 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Held in mutual funds | $138,610,350 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251013125507NAL0002886882001, received 2025-10-13 |
| Independent auditor | ERNST AND YOUNG | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013125507NAL0002886882001, received 2025-10-13 |
Position = column in the DOL layout for form year 2024. Filing 20251013125507NAL0002886882001, received 2025-10-13.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $195,283 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $186,189 | yes |
| NEWPORT GROUP SECURITIES, INC. | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $62,710 | no |
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 20251013125507NAL0002886882001, received 2025-10-13.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $810,830,917 | $906,364,129 | 11.8% |
| Participants with a balance | 4,799 | 4,859 | 1.3% |
| Administrative expenses | $445,322 | $479,957 | 7.8% |
| Recordkeeping fees per participant | $11.57 | $36.49 | 215.5% |
| Employer contributions | $15,876,699 | $15,258,276 | -3.9% |
Prior filing 20241010140521NAL0034316400001, received 2024-10-10; the plan years are contiguous.
Sponsor name as filed: MCGRAW-HILL EDUCATION HOLDINGS, LLC; SEC registrant: McGraw-Hill Global Education Holdings, LLC (CIK 1589165, matched by EIN).