Michelin North America, Inc.
75
Plan:
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?]
[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.
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 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 |
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