Benchmarking Michelin North America, Inc. Wage 401k Savings Plan in Greenville, SC against all plans
Michelin North America, Inc. Wage 401k Savings Plan in Greenville, SC has the 6th-lowest average employer cash contribution per active participant ($87.00) of the 734 plans whose economic sector is Manufacturing. That $87.00 compares to an average of $21,406 across those 734 plans.
Reaching the average of $21,406 would imply an extra $45,664,596 in employer cash contributions.
Note: average employer cash contribution per active participant =
cash contributions from employers ÷ active participants at the end of the plan year
Michelin North America, Inc. Wage 401k Savings Plan has these standings among those 734 plans:
Reaching the average of $21,406 would imply an extra $45,664,596 in employer cash contributions.
Note: average employer cash contribution per active participant =
cash contributions from employers ÷ active participants at the end of the plan year
Michelin North America, Inc. Wage 401k Savings Plan has these standings among those 734 plans:
- average employer cash contribution per active participant = $87.00 (6th-lowest)
- cash contributions from employers = $186,291 (8th-least)
- active participants at the end of the plan year = 2,142 (122nd-most)
Visualize
Peers
better than Bemis 401(K) Plan for Bargaining Unit Employees in Oshkosh, WI ($0.00), Nibco Inc. Profit Sharing & 401(K) Savings Plan in Elkhart, IN ($0.00), Merit Medical Systems, Inc. 401(K) Profit Sharing Plan in South Jordan, UT ($0.00), and Applied Medical Resources Corporation 401(K) Plan and Trust in Rsm, CA ($1.90), and 1 other.
trailed American Bath Group 401(K) Plan in Savannah, TN ($134.90), Retirement Savings Plus in Exeter, NH ($216.40), Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan in Grand Rapids, MI ($217.80), and Arc Document Solutions 401(K) Plan in San Ramon, CA ($225.20), and others, ending with Dean Foods Smartchoice Savings Plan in Saddle Brook, NJ ($11,393,375).
trailed American Bath Group 401(K) Plan in Savannah, TN ($134.90), Retirement Savings Plus in Exeter, NH ($216.40), Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan in Grand Rapids, MI ($217.80), and Arc Document Solutions 401(K) Plan in San Ramon, CA ($225.20), and others, ending with Dean Foods Smartchoice Savings Plan in Saddle Brook, NJ ($11,393,375).
References
- whose economic sector is. The economic sector is the first two digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- average employer cash contribution per active participant. Higher values are better. Average employer cash contribution per active participant equals cash contributions from employers, Line 2a(1)(A) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.