MillerKnoll, Inc. 401(k): Vanguard, match 4% max
MillerKnoll Retirement Plan · MLKN · CIK 66382
Vanguard is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. Where to log in, and what the filing says.
Matched to this employer by sponsor name, not by an identifier stated in the filing.
Maximum employer match, as a share of pay
4%
MillerKnoll, Inc. matches 100% (dollar-for-dollar) of the first 4% of pay.
From the Form 11-K filed June 29, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What MillerKnoll puts in, and what the plan costs
What MillerKnoll put into the plan, per active participant
$3,175
MillerKnoll, Inc. put $3,175 into this plan for each of its 7,001 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
MillerKnoll put in less per active participant than 69% of plans with 5,000+ participants in medical devices and other manufacturing. The middle plan in that group of 81 reported $4,432. Medical devices and other manufacturing comes from business code 337000, which MillerKnoll entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
What this figure cannot separate: how much MillerKnoll pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 380837640, plan 002 · DOL EFAST2 ↗
The $3,175 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. MillerKnoll, Inc. also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $1,980 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What MillerKnoll puts in
$1,980
a year, at a $49,500 salary.
The match paragraph, word for word
“The Company will match 100% of participants’ elective deferral contributions up to 4% of eligible compensation. Matching contributions are determined on a payroll‑period basis and are contributed during or after the plan year. Matching contributions may be recalculated following the end of the plan year based on participant’s annual compensation, with any additional amounts contributed as soon as practicable.”
What you contribute to collect all of it
Contribute at least 4% of your pay to collect the full match.
That is $1,980 a year at a $49,500 salary, and it scales with your own.
Vesting score
78.57 out of 100
How fast the employer’s money becomes yours. Higher than 47% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 0%, 50%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participants are immediately vested in their contributions plus actual earnings thereon. Vesting in the discretionary employer and matching contributions, plus actual earnings thereon is based on years of service. Under a graded vesting schedule, discretionary employer contributions and matching contributions become 50% vested after one year of service, and 100% vested after two years of service. Participants are fully vested upon reaching age 65, or termination of employment due to death or disability.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
90th percentile
$122.46 per participant in plan-paid administrative cost, more expensive than 90% of plans with 5,000+ participants.
What is MillerKnoll's 401(k) match formula?
MillerKnoll's 401(k) employer match tops out at 4% of pay. The match is deposited each payroll. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 100% (dollar-for-dollar) of the first 4% of pay |
|---|---|
| Maximum employer match | 4% of compensation |
| Deposited | Each payroll |
| Other employer contribution | The Company may also make discretionary contributions to the Plan. If made, discretionary contributions are allocated to eligible participants in proportion to compensation for the applicable period. The decision to make discretionary contributions, including the amount and timing, is at the sole discretion of the employer. |
At a $75,000 salary, contributing 4% ($3,000) earns the full employer match of $3,000 for the year.
What the filing says, word for word
“The Company will match 100% of participants’ elective deferral contributions up to 4% of eligible compensation. Matching contributions are determined on a payroll‑period basis and are contributed during or after the plan year. Matching contributions may be recalculated following the end of the plan year based on participant’s annual compensation, with any additional amounts contributed as soon as practicable.”
Source: Form 11-K filed June 29, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is MillerKnoll's 401(k) vesting schedule?
MillerKnoll vests the employer match on a graded schedule: 50% after one year, rising to 100% after two. Each step is money that leaves with you that year, which is how a graded schedule differs from a cliff.
| Employer match vesting | Graded: 50% at 1 yr, 100% at 2 yr |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Accelerated vesting | Participants are fully vested upon reaching age 65, or termination of employment due to death or disability. |
Vesting, word for word
“Participants are immediately vested in their contributions plus actual earnings thereon. Vesting in the discretionary employer and matching contributions, plus actual earnings thereon is based on years of service. Under a graded vesting schedule, discretionary employer contributions and matching contributions become 50% vested after one year of service, and 100% vested after two years of service. Participants are fully vested upon reaching age 65, or termination of employment due to death or disability.”
Source: Form 11-K filed June 29, 2026, SEC EDGAR · SEC ↗
Who can join MillerKnoll's 401(k), and is enrollment automatic?
MillerKnoll enrolls new hires automatically at 3% of pay, rising 1% a year to 8% of pay.
| Plan entry | Eligible employees of the Company qualify to participate on their first day of employment after the employee has attained age 18. |
|---|---|
| Automatic enrollment | Yes: default deferral 3% of pay; auto-escalation +1%/yr to 8% |
Eligibility, word for word
“Eligible employees of the Company qualify to participate on their first day of employment after the employee has attained age 18.”
Automatic enrollment, word for word
“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. In addition, unless they elect differently, participant's contributions automatically increase by 1% each plan year. The automatic increase will stop when the participant's contributions reach 8% of their compensation.”
Source: Form 11-K filed June 29, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Vanguard, filed as “THE VANGUARD GROUP, INC.”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
2,337 plans on file name Vanguard as their recordkeeper. Of those, the 2,333 with a computable fee have a median plan-paid cost of $97.87 per participant.
Participants log in at Vanguard ↗. 401(k) Monitor is not affiliated with Vanguard or with any other recordkeeper, and takes nothing for this link. It is here because that is where the account is.
| Recordkeeper | Vanguard |
|---|---|
| Recordkeeper EIN | 231945930 |
What does the MillerKnoll plan report on Form 5500?
The MillerKnoll plan reported $1.4B in assets and 10,281 participants for plan year 2024.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
| Plan named in the DOL record | Millerknoll Retirement Plan |
|---|---|
| Total plan assets | $1,430,419,840 |
| Participants | 10,281 |
| Plan-paid admin cost per participant | $122.46 |
How that cost compares
This plan pays $122.46 per participant. The median across plans in medical devices and other manufacturing is $125.72, from the 1,386 of 1,455 whose Form 5500 yields a per-participant cost.
Millerknoll Retirement Plan on its Form 5500 filing: fees, providers and financials
How does MillerKnoll's 401(k) match compare?
MillerKnoll, Inc.'s maximum 401(k) match of 4% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file in medical devices and other manufacturing, two report the same recordkeeper and one lands near MillerKnoll's maximum match.
Maximum match 4% of pay. Also in medical devices and other manufacturing.
Maximum match 4% of pay. Also in medical devices and other manufacturing.
Maximum match 4% of pay. Also in medical devices and other manufacturing.
Maximum match 4% of pay. Same recordkeeper, Vanguard.
Maximum match 4% of pay. Same recordkeeper, Vanguard.
Maximum match 4% of pay, level with MillerKnoll.
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 29, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is MillerKnoll, Inc.'s 401(k) match?
MillerKnoll, Inc. matches 100% of employee contributions up to 4% of eligible pay (plan year ended December 31, 2025).
When does the MillerKnoll, Inc. 401(k) match vest?
Graded: 50% at 1 yr, 100% at 2 yr.
Does MillerKnoll, Inc.'s 401(k) plan have automatic enrollment?
Yes: default deferral 3% of pay; auto-escalation +1%/yr to 8%.
Who is the recordkeeper for MillerKnoll, Inc.'s 401(k)?
Vanguard is named as the recordkeeper on the Form 5500 filed for Millerknoll Retirement Plan for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that MillerKnoll, Inc. filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | MillerKnoll, Inc. |
| SEC CIK | 66382 |
| Accession number | 0000066382-26-000073 |
| Plan | MillerKnoll Retirement Plan |
| Period of report | December 31, 2025 |
| Filed | June 29, 2026 |
401(k) Monitor is not affiliated with MillerKnoll, Inc., with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “MillerKnoll, Inc. 401(k) plan facts”, from SEC Form 11-K accession 0000066382-26-000073, plan year ended December 31, 2025.
