Employers › MillerKnoll
Recordkeeping fees per participant · Millerknoll Retirement Plan · plan year 2024
$126.88
Higher than 99% of the 790 plans over $1B that report it.
= $1,248,923 / 9,843
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014085152NAL0003460208001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014085152NAL0003460208001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-14.
Administrative expenses excluding investment management, per participant
$127.91
Higher than 95% of the 1,045 plans over $1B that report it.
= $1,258,971 / 9,843
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014085152NAL0003460208001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014085152NAL0003460208001, received 2025-10-14
Administrative expenses per participant
$127.91
Higher than 82% of the 1,076 plans over $1B that report it.
= $1,258,971 / 9,843
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014085152NAL0003460208001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014085152NAL0003460208001, received 2025-10-14
Administrative expenses as a share of assets
0.088%
Higher than 83% of the 1,076 plans over $1B that report it.
= $1,258,971 / $1,430,419,840
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014085152NAL0003460208001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014085152NAL0003460208001, received 2025-10-14
Employer contributions per participant
$2,259
Higher than 22% of the 1,135 plans over $1B that report it.
= $22,231,252 / 9,843
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014085152NAL0003460208001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014085152NAL0003460208001, received 2025-10-14
Employer share of total contributions
27.6%
Higher than 31% of the 1,135 plans over $1B that report it.
= $22,231,252 / $80,543,393
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014085152NAL0003460208001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014085152NAL0003460208001, received 2025-10-14
Employer match
“The Company will match 100% of participants’ elective deferral contributions up to 4% of eligible compensation.”
Form 11-K filed 2026-06-29, for the year ended 2025-12-31 · plan description note, contributions · source document
Vesting
“Vesting in the discretionary employer and matching contributions, plus actual earnings thereon is based on years of service.”
Form 11-K filed 2026-06-29, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“New employees are automatically enrolled to the Plan within a reasonable time after the employee becomes a participant to contribute 3% of their compensation, unless they affirmatively elect not to participate or to participate at a different level.”
Form 11-K filed 2026-06-29, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2T default investment (QDIA) · 3H controlled-group sponsor · 3I · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014085152NAL0003460208001, received 2025-10-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MILLERKNOLL, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Plan name | MILLERKNOLL RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Sponsor EIN / plan number | 38-0837640 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Sponsor location | ZEELAND, MI | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Industry (business code) | 337000, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Participants, beginning of year | 10,281 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Active participants | 7,001 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Participants, end of year | 10,107 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Participants with an account balance | 9,843 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Total assets, beginning of year | $1,334,279,398 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Total assets, end of year | $1,430,419,840 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Net assets, end of year | $1,430,419,840 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Total income | $250,938,709 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Net income | $96,140,442 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Employer contributions | $22,231,252 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Participant contributions | $48,697,599 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $9,614,542 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Total contributions | $80,543,393 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Benefit payments | $153,539,296 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $154,798,267 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Total administrative expenses | $1,258,971 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Recordkeeping fees | $1,248,923 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Administrative expenses excluding investment management | $1,258,971 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Held in common/collective trusts | $1,095,131,915 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Held in mutual funds | $281,567,020 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014085152NAL0003460208001, received 2025-10-14 |
| Independent auditor | MCCONNELL & JONES, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014085152NAL0003460208001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014085152NAL0003460208001, received 2025-10-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC.recordkeeper | NONE | 15 Recordkeeping and information management; 16 Consulting (general); 25 Trustee (directed); 37 Participant loan processing; 52 Investment management fees paid indirectly by plan; 99 Other fees | $719,472 | yes |
| VANGUARD ADVISERS INC. | NONE | 26 Investment advisory (participants) | $302,217 | no |
| CAP FINANCIAL PARTNERS LLC | NONE | 27 Investment advisory (plan) | $90,000 | no |
| BEMANAGED | NONE | 26 Investment advisory (participants) | $58,620 | no |
| BEMANAGED | NONE | 26 Investment advisory (participants) | $55,013 | no |
| MCCONNELL & JONES LLP | NONE | 99 Other fees | $33,100 | no |
| BDO | NONE | 99 Other fees | $19,000 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251014085152NAL0003460208001, received 2025-10-14.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,334,279,398 | $1,430,419,840 | 7.2% |
| Participants with a balance | 10,030 | 9,843 | -1.9% |
| Administrative expenses | $1,536,807 | $1,258,971 | -18.1% |
| Recordkeeping fees per participant | $73.29 | $126.88 | 73.1% |
| Employer contributions | $23,256,144 | $22,231,252 | -4.4% |
Prior filing 20241009155524NAL0010810627001, received 2024-10-09; the plan years are contiguous.
Sponsor name as filed: MILLERKNOLL, INC.; SEC registrant: MILLERKNOLL, INC. (CIK 66382, matched by EIN; display name from the Form 11-K cover).