Plan Snapshot
- Plan Sponsor: Mckinsey & Company, INC.
- Sponsor EIN: 131826332
- Sponsor Address: 175 GREENWICH STREET, NEW YORK, NY, 10007
- Plan Type: DC
- Total Participants: 12,790
- Total Assets: $2.2B
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 12,790 | $2.2B | $130.4M | $0 |
| 2023 | 15,274 | $2.0B | $144.9M | $0 |
| 2022 | 15,163 | $1.7B | $120.7M | $0 |
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 | $76,900 | — | $76,900 |
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: $76,900
- Estimated Expense Ratio: 0.004% 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 | $1,264,289 | $149,443 | $758,384 | $76,900 | — |
| 2023 | $1,468,192 | $277,658 | $812,776 | $74,000 | — |
| 2022 | $1,382,663 | $161,227 | $746,090 | — | $185,815 |