MILLER INDUSTRIES INC TN
For the period ended Dec 31, 2024. Filed Mar 5, 2025.
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FY2024 · Filed Mar 5, 2025
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Employee Benefit Plans
**14.**EMPLOYEE BENEFIT PLANS
Substantially all of our full-time employees with at least 90 days of service are eligible to be enrolled in our company-sponsored retirement savings plan which includes features under Section 401(k) of the Internal Revenue Code of 1986 and provides for matching and discretionary contributions by the Company. The Company matched 50.0% of the first 5.0% of the participants’ contribution during 2024. Matching contributions vest over the first five years of employment. Company contributions to the plan were $1.8 million, $1.6 million, and $1.4 million for the years ended December 31, 2024, 2023 and 2022, respectively.
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