McKinsey & Company, Inc.
74
Plan:
41
76
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (74) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $63,500 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
McKinsey & Company, Inc. Money Purchase Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Company Generosity, Participation Rate, and Total Plan Cost. McKinsey & Company, Inc. Money Purchase Pension Plan currently has over 11,600 active participants and over $450.8M in plan assets.
Retirement Plan Details
| Address |
55 East 52nd Street 26fl
New York, NY 10055 |
| Industry | Professional, Scientific, and Technical Services |
| Administrator | James E. Farrell, Jr. |
| Sponsor | Stephen Piccininni |
| Net Plan Assets | $451,000,000 |
| Total Participants | 12,000 |
| Avg Account Balance | $39,000 |
Compare Other Companies in Peer Group
| Bain & Company | 85.6 |
| Netapp | 81.3 |
| Environmental Systems Research... | 80.7 |
| SRA International | 78.7 |
| AOL | 75.1 |
| The Boston Consulting Group | 66.8 |
Top 3 Funds in this 401k
| 1. | Total Limited Partnerships | 33% |
| 2. | Cash and Cash Equivalents | 11% |
| 3. | Compass Offshore SAV PCC, Ltd. | 8% |
Plan Service Providers
| Administration | Aon Hewitt EnnisKnupp |
| Consultant | Consulting Fiduciaries Inc. |
| Recordkeeper | Mckinsey & Company Inc |
| Legal Counsel | Proskauer Rose LLP |
| Consultant | Deloitte & Touche, LLP |
| Legal Counsel | Sidley Austin LLP |
| Corporate Trustee | Wells Fargo (Wachovia) |
| Auditor | PricewaterhouseCoopers LLP |
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