Plan Snapshot
- Plan Sponsor: Mcgraw-Hill Education Holdings, LLC
- Sponsor EIN: 900942340
- Sponsor Address: 1325 AVENUE OF THE AMERICAS, NEW YORK, NY, 101190602
- Plan Type: 401(k)
- Total Participants: 3,462
- Total Assets: $906.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,462 | $906.4M | $15.3M | $35.4M |
| 2023 | 3,371 | $810.8M | $15.9M | $34.9M |
| 2022 | 3,513 | $714.0M | $14.4M | $30.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ERNST AND YOUNG | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST AND YOUNG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $479,957 | $300,876 | $1,800 | — | — |
| 2023 | $445,322 | $134,205 | $300 | — | — |
| 2022 | $848,044 | $229,270 | $609,789 | — | $8,985 |