2023 Form 5500 filing — Mcgraw-Hill Education 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241010140521NAL0034316400001) for Mcgraw-Hill Education 401(K) Plan, reported by Mcgraw-Hill Education Holdings, LLC under EIN 90-0942340 and plan number 003. It reports 5,098 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010140521NAL0034316400001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mcgraw-Hill Education Holdings, LLC
- EIN
- 90-0942340
- Plan number
- 003
- Location
- New York, NY
- Participants
- 5,098
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $810,830,917
- Total liabilities (EOY)
- $88,000
- Net assets (EOY)
- $810,742,917
- Employer contributions
- $15,876,699
- Participant contributions
- $34,949,432
- Total income / additions
- $180,862,349
- Benefits paid
- $83,501,744
- Administrative expenses
- $445,322
- Total expenses
- $84,086,025
- Net increase / (decrease)
- $96,776,324
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $134,205 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $110,690 | $0 |
| Newport Group Securities, Inc. | INVESTMENT ADVISOR | $93,079 | not reported in the loaded dataset |
| Proskauer Rose Llp | LEGAL | $64,235 | not reported in the loaded dataset |
| Newport Group Consulting, Ll | CONSULTANT | $10,000 | not reported in the loaded dataset |