Plan Snapshot
- Plan Sponsor: Mckinsey & Company, INC.
- Sponsor EIN: 131826332
- Sponsor Address: 175 GREENWICH STREET, NEW YORK, NY, 10007
- Plan Type: DC
- Total Participants: 14,729
- Total Assets: $9.8B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 14,729 | $9.8B | $93.0M | $258.3M |
| 2023 | 17,700 | $9.1B | $130.7M | $261.3M |
| 2022 | 17,796 | $8.0B | $113.8M | $212.1M |
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 |
|---|---|---|---|---|
| GRANT THORNTON LLP | Auditor | $83,800 | — | $83,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $83,800
- Estimated Expense Ratio: 0.001% of plan assets
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 | $1,900,982 | $187,367 | $988,475 | $83,800 | — |
| 2023 | $2,285,244 | $358,261 | $1,099,840 | $82,000 | — |
| 2022 | $2,153,573 | $211,088 | $1,046,225 | — | $333,202 |