Defined Benefit (Pension) · DOL Form 5500 · 2024

McKinsey & Company, Inc. Pension Plan

Data updated 2026-08-11

$521M
Total assets
1,249
Participants
97th
Percentile by assets
$416,976
Avg per participant
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Official DOL plan name: McKinsey & Company, Inc. Partner Cash Balance Plan · Sponsored by McKinsey & Company, Inc. · New York · Professional & Technical Services

$521M in assets, 1,249 participants

McKinsey & Company, Inc.'s McKinsey & Company, Inc. Partner Cash Balance Plan reported $521M in total assets and 1,249 participants in its 2024 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 97th percentile by assets (of 123,622 plans)
  • #19,787 in Professional & Technical Services (20,173 peers)

Where McKinsey & Company, Inc. Partner Cash Balance Plan sits by assets

McKinsey & Company, Inc. Partner Cash Balance Plan sits in the top 5% of all filed plans by assets, $521M for 1,249 participants (~$416,976/participant), up 18.1% in 2024.

$521M
total plan assets (2024 EOY)
1,249
covered participants
97th
percentile by assets (of 123,622 plans)
$416,976
avg assets per participant

Where McKinsey & Company, Inc. Partner Cash Balance Plan sits by total assets

McKinsey & Company, Inc. Partner Cash Balance Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$520,803,269 Top 3% higher than 97% of 123,620 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • McKinsey & Company, Inc. Partner Cash Balance Plan end-of-year assets rose from $441M in the plan year 2023 filing to $521M in the plan year 2024 filing.
  • McKinsey & Company, Inc. Partner Cash Balance Plan reported net income fell from $96M in the plan year 2023 filing to $80M in the plan year 2024 filing.
  • McKinsey & Company, Inc. Partner Cash Balance Plan reported participants rose from 1,182 in the plan year 2023 filing to 1,249 in the plan year 2024 filing.

See the national 2023→2024 release diff →

McKinsey & Company, Inc. Partner Cash Balance Plan vs the 2024 asset distribution

By assets, McKinsey & Company, Inc. Partner Cash Balance Plan outranks 97% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 5.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$441M
Net Assets (End of Year)$521M
Net Income$80M
Employer EIN131826332
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (McKinsey & Company, Inc.)

$9B$10B$11B$12B$13B 202220232024 $10.1B $12.5B ▲ +24.3%
Total plan assets by year, all McKinsey & Company, Inc. plans on file
Year Plans Participants Total Assets
2022 3 27,269 $10.1B
2023 3 34,141 $11.5B
2024 3 34,223 $12.5B

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

McKinsey & Company, Inc. Partner Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants McKinsey & Company, …, Total assets ($B): 0.520803269 · Participants: 1249McKinsey & Company, …IBM Personal Pension…, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension…1199seiu Health Care…, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care…Consolidated Edison …, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison …Pfizer Consolidated …, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated …GE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
McKinsey & Company, Inc. Partner Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to McKinsey & Company, Inc. Partner Cash Balance Plan by total assets, not by location.

Frequently Asked Questions

How did McKinsey & Company, Inc. Partner Cash Balance Plan assets move in 2024?
McKinsey & Company, Inc. Partner Cash Balance Plan grew sharply - up 18.1% during 2024, from $441M to $521M. Reported net income was $80M.
How have McKinsey & Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), McKinsey & Company, Inc.'s sponsor-wide assets grew 24.2%, from $10.1B to $12.5B.
Where does McKinsey & Company, Inc. Partner Cash Balance Plan rank by assets among Form 5500 filers?
McKinsey & Company, Inc. Partner Cash Balance Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to McKinsey & Company, Inc. Partner Cash Balance Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Brewery Conference/Anheuser-Busch Defined Benefit Pension Plan in MO ($521M, 729 participants).

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