Herman Miller, Inc.
58
Plan:
Herman Miller, Inc. Profit Sharing and 401k Plan
10
69
85
0
10
20
30
40
50
60
70
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90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (58) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $120,600 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
Herman Miller, Inc. Profit Sharing and 401k Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 58. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. Herman Miller, Inc. Profit Sharing and 401k Plan currently has over 5,600 active participants and over $437.1M in plan assets.
Retirement Plan Details
| Address |
855 East Main Avenue
Zeeland, MI 49464-1366 |
| Industry | Manufacturing |
| Administrator | Mike Koppenol |
| Sponsor | Jeff Stutz |
| Net Plan Assets | $437,000,000 |
| Total Participants | 5,600 |
| Avg Account Balance | $78,000 |
Compare Other Companies in Peer Group
| HNI | 72.2 |
| Polaris Industries | 71.8 |
| Westinghouse Air Brake Technologies | 68.7 |
| NACCO Materials Handling Group | 67.0 |
| Knoll | 66.5 |
| Haworth International, Ltd. | 64.1 |
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