McKinsey & Company, Inc.401(k)

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

McKinsey & Company, Inc. reported $1,900,982 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,312 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.03% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 9th-largest of 5,648 plans among New York employers on file, and the 12th of 11,654 in professional & technical services. In 2024, employees put in $2.78 for every $1.00 the employer contributed; active participation has shrunk from 17,796 to 14,729 since 2022.