Troy, Michigan… Inc Magazine has announced that McGraw Wentworth of Troy, MI is one of the 5,000 fastest growing private companies in America.  The Inc. 5,000 list debuts this year, expanding upon the magazine’s annual Inc. 500 listing to highlight the fastest growing privately-owned companies by major industry and within 25 major metropolitan regions including Metro Detroit.

The Inc. 5,000 is ranked according to percentage revenue growth from 2003 through 2006.   To qualify, companies must meet the following criteria:

• Founded and generating revenue by the first week of 2003

• 2003 revenue of at least $200,000 and 2006 revenue of at least $2 million

• Demonstrate four full calendar years of sales

• Based in the United States

• Privately held and independent (not subsidiaries or division of other companies) as of December 31, 2006

Launched in 1997, McGraw Wentworth is an employee group benefits firm specializing in meeting the health care needs of Michigan’s mid-size employers.  Within the Inc. 5,000, the firm ranks: 40th nationwide amongst the fastest growing insurance companies; as the 68th fastest growing private company in the Metro Detroit Region; and is one of only 148 Michigan-based companies to qualify for the list.  From 2003 to 2006, McGraw Wentworth grew revenue by 40.5%, ranking it number 4,579 overall on the Inc. 5,000.

McGraw Wentworth has grown quickly by other measures as well.  Founded by Thomas P. McGraw and William D. Wentworth with only three employees (including the founders) and no clients, over the past ten years the firm has grown to sixty employees serving over 140 clients, 92% of which are based in Michigan. 

“Launching a new company is daunting.  But we identified a market niche – mid-sized companies based in Michigan - that we felt was underserved and could benefit from the industry knowledge and exceptional level of service that we intended to provide,” stated Thomas McGraw, Principal and President.  “To have grown over the past ten years to the point that we earn national recognition for our efforts is gratifying.”

“We are flattered to be included in the inaugural listing of the Inc. 5,000.  Our success and growth are due to the commitment and effort of a highly dedicated team of employees,” added William D. Wentworth, Principal and Vice President of Marketing.  “We help our clients most by having the right people on board, offering an extraordinary level of expertise and enthusiasm for helping Michigan’s companies meet their business and people management goals.”

Visit www.inc.com/inc5000 for the complete Inc., 5000 list and a profile of McGraw Wentworth.

Based in Troy, Michigan, McGraw Wentworth is one of the state’s largest group benefit consulting and brokerage firms and serves mid-sized organizations headquartered in Michigan.  Celebrating its tenth anniversary in 2007, the award-winning firm counsels clients on how to structure their group benefit programs and provides strategic planning, utilization review, benefit design, compliance assistance and related services.  To learn more about McGraw Wentworth, please visit www.mcgrawwentworth.com.