McKinsey is your 7.5% into 401k based on TC or base, and is there a cap?

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do you have to contribute? or is it just 7.5% flat

Base. Cap at $22k ish. %age grows over time as well.

It's a flat 7.5% contribution regardless of employee contribution. I can't remember 100%, but I believe it's on TC. I don't think the cap would be relevant for 95% of the Firm.

Not at McK, but I presume the employer contribution would be statutorily capped at $58k/$64.5k (assuming no employee contribution; capped at $38.5k/$45k assuming the employee maxes their contribution) whether based off of TC or base.

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