401(k) · DOL Form 5500 · 2023

Miele, Inc. 401(k) Plan

Data updated 2026-08-25

$49M
Total assets Below avg plan size
468
Participants Below avg headcount
85th
Percentile by assets National rank
$103,873
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Miele, Inc. 401(k) Plan · Sponsored by Miele, Inc. · New Jersey · Wholesale Trade

$49M in assets, 468 participants

Miele, Inc.'s Miele, Inc. 401(k) Plan reported $49M in total assets and 468 participants in its 2023 DOL Form 5500 filing, ranking in the 85th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,452 in Wholesale Trade (6,309 peers)

Where Miele, Inc. 401(k) Plan sits by assets

Miele, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $49M for 468 participants (~$103,873/participant), up 17.0% in 2023.

#5,452
in Wholesale Trade (6,309 peers)
+17.0%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Miele, Inc. 401(k) Plan's outsized position by total assets

Miele, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$48,612,452 Top 15% higher than 85% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Miele, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Miele, Inc. 401(k) Plan sits mid-pack in the medium band (468 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Miele, Inc. 401(k) Plan reported net income rose from -$9M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Miele, Inc. 401(k) Plan end-of-year assets rose from $42M in the plan year 2022 filing to $49M in the plan year 2023 filing.
  • Miele, Inc. 401(k) Plan reported participants rose from 441 in the plan year 2022 filing to 468 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 133172349 · Miele, Inc. PY 2023 · 401(k)

Miele, Inc. 401(k) Plan · $49M · 468 · 85th

  • PHOTO $49M
  • IND 468
  • EOY 85th
  • 5500 401(k)
  • ASSETS near Central Steel & Wire Company Savings Plan
  • PCT ind #5452

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Wholesale Trade retirement plans → · Plans in New Jersey →

Miele, Inc. 401(k) Plan in the asset neighbourhood

Forcht Group of Kentucky Savings PlanForcht Group of Kentucky Sav…$49MMiele, Inc. 401(k) Plan$49MCentral Steel & Wire Company Savings PlanCentral Steel & Wire Company…$49MPrairie Island Indian Community 401(k) Retirement PlanPrairie Island Indian Commun…$49MThe Atp Group, Inc. Profit Sharing Retirement Plan and TrustThe Atp Group, Inc. Profit S…$49M
End-of-year total assets ($M) among Miele, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$49M
Net Income$7M
Employer EIN133172349
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Miele, Inc.)

Sponsor-wide plan assets over time

All Miele, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$53M 26.811095569548765% vs 2022
2024 filing year
$40M$45M$50M$55M 202220232024 $41.5M $52.7M ▲ +26.8%
Year Plans Participants Total Assets
2022 1 441 $42M
2023 1 468 $49M
2024 1 407 $53M

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Miele, Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Miele, Inc. 401(k) Plan, Total assets ($B): 0.048612452 · Participants: 468Miele, Inc. 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Miele, Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Miele, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Central Steel & Wire Company Savings Plan in IL ($49M); by covered participants it is Banterra Corp. Profit Sharing Plan in IL (468 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (468 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Miele, Inc. 401(k) Plan assets move in 2023?
Miele, Inc. 401(k) Plan grew sharply - up 17.0% during 2023, from $42M to $49M. Reported net income was $7M.
How have Miele, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Miele, Inc.'s sponsor-wide assets grew 26.8%, from $42M to $53M.
Where does Miele, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Miele, Inc. 401(k) Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Miele, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Central Steel & Wire Company Savings Plan in IL ($49M, 493 participants).
Which 401(k) plans cover a similar participant headcount to Miele, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Banterra Corp. Profit Sharing Plan in IL (468 participants, $65M in assets).