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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS LLC | NONE | $988,475 | — | $988,475 |
| MCKINSEY & COMPANY, INC. | SUBSIDIARY-REC DIRECT EX | $506,490 | — | $506,490 |
| MEKETA INVESTMENT GROUP | NONE | $187,367 | — | $187,367 |
| BANK OF NY MELLON | NONE | $124,827 | — | $124,827 |
| GRANT THORNTON LLC | NONE | $83,800 | — | $83,800 |
| XPS PENSION CONSULTING LTD | NONE | $82,856 | — | $82,856 |
| PROKAUER ROSE LLP | NONE | $62,703 | — | $62,703 |
| SC STONE CONSULTING | NONE | $38,627 | — | $38,627 |
| MERCER | NONE | $20,749 | — | $20,749 |
| JAMES FARRELL | NONE | $12,238 | — | $12,238 |
| TAMARA BIGALOW | NONE | $5,563 | — | $5,563 |
| PENSION BENEFIT INFORMATION, LLC | NONE | $5,373 | — | $5,373 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — NONE
- GRANT THORNTON LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,119,068
- Estimated Expense Ratio: 0.022% 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 |