Not exactly. The actual idea is centered around the ideology of dominance hierarchy with the very top of the pyramid, therefore all decision making and reward going to men, but only a few men, at the top. That's on a broad scale. It also recognizes that on smaller a smaller scale, men are placed in positions superior to women. For example, the husband is the head of the home. Women are not allowed to be ministers. That sort of thing.
It plays to the extremes being talked about. Only men benefit in the end at that top echelon of the pyramid. But not all men by any stretch of the imagination.
In fact, most feminists agree that this organizational scheme harms most men as much as it does women. More in some cases, less than others. While most feminists agree that it is predominantly men continuing to perpetuate the ideology of dominance hierarchy (by destroying the divine feminine within themselves to 'be' a man) most also recognize that much, maybe even most, of the enforcement of it is predominantly coming from other women. The Phyllis Schlayflys of the world.
Feminists are also not a monolith. No group is. But, on the whole, that's the general ideology. It does suppose that men benefit, mostly in the domain of the home, businesses, and communities and mostly in specific regards to power, control, and decision making. It also recognizes that across the entire breadth of society only a very few at the top benefit. These people benefit the absolute most at the expense of everyone else, including most men. And finally, that it's a zero sum game we are all forced and conditioned to play from the moment we are born.
We want to play a different game. One where there will be a whole lot more winners, and anyone can be one.