Plan Snapshot
- Plan Sponsor: Millerknoll, INC.
- Sponsor EIN: 380837640
- Sponsor Address: 855 EAST MAIN AVENUE, ZEELAND, MI, 494641366
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 10,150
- Total Assets: $1.6B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 10,150 | $1.6B | $0 | $0 |
| 2024 | 7,001 | $1.4B | $22.2M | $48.7M |
| 2023 | 6,998 | $1.3B | $23.3M | $47.3M |
| 2022 | 8,601 | $1.2B | $31.2M | $34.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | Other Service Provider | $665,957 | — | $665,957 |
| VANGUARD ADVISERS INC. | Other Service Provider | $328,711 | — | $328,711 |
| CAPFINANCIAL PARTNERS LLC | Other Service Provider | $120,000 | — | $120,000 |
| BEMANAGED | Other Service Provider | $101,888 | — | $101,888 |
| MCCONNELL & JONES LLP | Other Service Provider | $34,400 | — | $34,400 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,250,956
- Estimated Expense Ratio: 0.080% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $159,999,606 | — | — | — | — |
| 2024 | $1,258,971 | — | — | — | — |
| 2023 | $1,536,807 | $545,942 | — | — | — |
| 2022 | $919,678 | $393,060 | $492,258 | — | $34,360 |