Retirement Benefits
The Miller Group’s 401(k) plan is an excellent starting point for you to build a source of income for your retirement. You can contribute to your account with pre-tax earnings (or after-tax earnings for a Roth 401(k)) directly deposited from your paychecks into your account. Regular full-time employees who are at least 21 years old and have been with the company for three months are eligible to participate in the 401(k).
Enrollment Dates
Eligible new hires can enroll the first of each quarter: January 1, April 1, July 1, and October 1, following their completion of three months of employment.
IRS Employee Contribution Limits
The 2026 limit is $24,500 and the limit on 50+ catch-up contributions is $8,000.
SECURE 2.0 Act
A higher catch-up contribution limit applies for employees aged 60, 61, 62 and 63. For 2026, this higher catch-up contribution limit is $11,250 (instead of the $8,000 noted above). Also, high-income earners (over $145,000) who want to make catch-up contributions will be required to make them as after-tax Roth contributions.
Company Contribution
The Miller Group will match 100% of team member contributions up to 5% of included income.
Vesting
The Miller Group does not have vesting requirements for the company contributions. Team members are 100% vested upon receipt of company-matched funds.
Student Loans
In an effort to support your financial well-being, we are offering the option of matching your student loan payment with a contribution to your 401k (up to our 5% match). Our goal with this new initiative is to provide you with the opportunity to get ahead of your student loan debts while still making meaningful contributions to your retirement savings. We understand that managing student loans can be challenging, and we hope this benefit will make a positive difference in your financial journey. This benefit applies to student loans for yourself, your spouse, and even your dependents (as long as you are listed as a co-signer on their loan).