Form 5500 · Schedule H line 2i(12) · form year 2024

Mckinsey & Company, INC.

MCKINSEY & COMPANY, INC. (PSRP) PROFIT SHARING RETIREMENT PLAN · EIN 131826332 · plan number 001

$54.59

Administrative expenses paid from plan assets, per participant, as the sponsor reported, for form year 2024. The denominator is 34,826 participants with account balances.

This is line 2i(12) of Schedule H only. It excludes fees netted inside fund expense ratios and fees the employer pays directly, which are not in that line and are therefore not in this figure.

Among plans of its size — 10,000–49,999 participants with account balances, 825 plans in that band across the whole dataset — this plan's reported figure is between the 25th percentile and the median.

p10 $29.74p50 $64.32p90 $139.42

Percentiles are computed over all 52,836 qualifying plans in the form year 2024 dataset, not over the plans published here.

What the filing breaks out, and what it does not

Schedule H line	As filed
Contract administrator fees	$988,475
Investment management fees	$187,367
Other administrative expenses	$-91,229
Not broken out into any of the lines above	$816,369
Total administrative expenses (line 2i(12))	$1,900,982

A blank line above means the sponsor did not report a figure for it, which is not the same as reporting zero. Where the named lines add up to less than the total, the difference is shown rather than left for the reader to work out.

The rest of what this filing reports

Participants with account balances	34,826
Net plan assets, end of year	$9,810,269,680
Employer contributions	$92,962,464
Participant contributions	$258,250,623
Late participant contributions remitted	not reported

Check this against the filing

Every figure above was read from Mckinsey & Company, INC.’s own Form 5500 for form year 2024, EFAST2 acknowledgement ID 20251010153705NAL0013434224001, located 2026-08-30.

Open the filing (PDF)

The line itself is on the 2024 Schedule H form at line 2i(12), Total administrative expenses. If our number and the document disagree, the document is right and we want to know.

Plans of a similar size

Same size band, nearest reported figures. Size bands are the point: a plan with a few hundred people and one with a few hundred thousand are not comparable, and putting them side by side would imply they were.

Michelin North America, INC. C/O Retirement Manager

$54.58 per participant

19,521 with balances

Baystate Health, INC

$54.52 per participant

17,067 with balances

L'oreal USA, INC.

$54.66 per participant

12,810 with balances

Hft Holdings, INC.

$54.48 per participant

10,121 with balances