Mckinsey & Company, Inc.
Overview
Mckinsey & Company, Inc. sponsors a self-funded health plan that covered 13,719 participants in plan year 2025, down 5% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, prepaid legal, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 13,719 · prior year 14,466
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- The International Regular Members Medical & Dental Plans of Mckinsey & Company, Inc., plan 511 (13,719 participants); The US Regular Members Medical & Dental Plans of Mckinsey & Company, Inc., plan 501 (12,197 participants); The Mckinsey Health Care Reimbursement Plan, plan 509 (2,722 participants)
- Broker compensation
- $1.4M across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Cigna Health and Life Insurance Company and Affiliates | Medical, Dental | 4,563 | $71.8M | $499K |
| First Unum Life Insurance Company | Long-term disability | 28,142 | $24.1M | $475K |
| Metropolitan Life Insurance Company | Life | 14,183 | $10.3M | $360K |
| Cigna Health and Life Insurance Company | Medical, Dental, Prescription drug, Vision | 33,595 | $5.4M | — |
| Equitable Life Insurance Company | Life | 705 | $1.8M | $54K |
| Federal Insurance Company | Accidental Death | 8,167 | $619K | — |
| Metropolitan General Insurance Company | Legal | 1,895 | $355K | $59K |
| Delaware American Life Insurance Company | Life | 258 | $241K | — |
| Ace American Insurance Company | Business Travel Accident | 37,290 | $161K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 13,719 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Mckinsey & Company, Inc.
- Sponsor EIN
- 13-1826332
- Plan numbers
- 511, 501, 509
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 13-1826332 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Mckinsey & Company, Inc. (psrp) Profit Sharing Retirement Plan
- Type
- 401(k) plan
- Participants
- 35,692
About this data
Source: Mckinsey & Company, Inc.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Mckinsey & Company, Inc..