Michelin North America, Inc.
60
Plan:
11
71
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (60) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $234,500 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 Retirement Account Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Total Plan Cost. Michelin Retirement Account Plan currently has over 10,500 active participants and over $133.5M in plan assets.
Retirement Plan Details
| Address |
One Parkway South
P.O. Box 19001 Greenville, SC 29602-9001 |
| Industry | Manufacturing |
| Administrator | Connie Judkins |
| Sponsor | Martin Storey |
| Net Plan Assets | $134,000,000 |
| Total Participants | 11,000 |
| Avg Account Balance | $16,000 |
Compare Other Companies in Peer Group
| The Goodyear Tire & Rubber Company | 61.1 |
| Freudenberg-NOK General Partnership | 60.9 |
| Bridgestone Americas | 60.6 |
| Dart Container of Michigan, LLC | 57.9 |
| Sealed Air | 56.3 |
| Berry Plastics | 56.0 |
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