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Company:
Michelin North America, Inc.
Plan:
Michelin 401k Savings Plan
 

Michelin North America, Inc.

75 Plan:

 
 
75
11
72
89
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 (75) and the top rated plan (89) could equate to:
[How is this calculated?]
9 additional years of work
Up to $76,300 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.

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Retirement Plan Description

Michelin 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75. This plan is in the top 15% of plans for Account Balances, Participation Rate, and Total Plan Cost. Michelin 401k Savings Plan currently has over 13,700 active participants and over $1.3B in plan assets.

 Retirement Plan Details

Address P.O. Box 19001
One Parkway South
Greenville, SC 29602-9001 
Industry Manufacturing
Administrator Connie Judkins
Sponsor Martin Storey
Net Plan Assets $1,340,000,000
Total Participants 14,000
Avg Account Balance $99,000

 Compare Other Companies in Peer Group

The Lubrizol 81.3
Syngenta 79.8
The Goodyear Tire & Rubber Company 78.4
Bemis Company 74.8
Sealed Air 70.3
Bridgestone Americas 66.4

 Top 3 Funds in this 401k

1. Vanguard Retirement Savings Trust 21%
2. Vanguard Windsor II 16%
3. Vanguard Institutional Index 10%

  Plan Service Providers

Recordkeeper Vanguard Group
Auditor Weiser LLP
Corporate Trustee Vanguard Group

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