Department of Labor filing

MCGRATH RENTCORP

MCGRATH RENTCORP EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Jun 20, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

56filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$2,601

Reported employer contributions per active participant.

Higher than about 48% of comparable plans

#People in the filing

1,237

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$65 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 74% of comparable plans

↗Investment performance

Not available

Plan assets changed 9.3%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202456out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions48th percentileTypical peer $2,909 · based on 31 comparable plans

Lower reported administrative expense74th percentileTypical peer $114 · based on 34 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, MCGRATH RENTCORP reported $3,217,237 in employer contributions across the plan and 1,237 active participants. That works out to $2,601 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy84%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 14.5%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 20.9%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context56/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $3,217,237
Participant contributions: $6,856,286
Other contributions: $1,480,887
Employer share of reported contributions: 31.9%
Beginning assets: $123,760,867
Ending assets: $135,250,430
Ending net assets: $135,020,028
Ending liabilities: $230,402
Total income: $22,968,723
Total expenses: $11,681,079
Administrative expenses: $94,356
Participant loans: $2,424,969

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$2,271

2023

$2,477

2024

$2,601

Plan-paid administrative expenses per participant

2022

$82

2023

$79

2024

$65

Active participants

2022

1,234

2023

1,233

2024

1,237

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$2,601	1,237	135.3M	20250620154525NAL0004036145001
2023	$2,477	1,233	123.8M	20240612111502NAL0029180753001
2022	$2,271	1,234	102.9M	20230606104400NAL0026878689001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.8%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 942579843-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1985
Industry: Real estate
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2A2E2F2H2I2J2K2O2R2T3D3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
CHARLES SCHWAB & CO. INC. AND AFFIL	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20250620154525NAL0004036145001

Data sourceDOL Form 5500 bulk data ↗

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