ICE MILLER RETIREMENT PLAN Contribution & Employer Match
How ICE MILLER LLP Supports Your Retirement Savings
ICE MILLER LLP provides retirement savings benefits through ICE MILLER RETIREMENT PLAN. Understanding your employer’s contribution structure is essential — it directly affects how quickly your retirement nest egg grows. Below you will find the plan’s average account values and contribution patterns based on publicly filed data.
ICE MILLER RETIREMENT PLAN Average Participant Retirement Account Value
ICE MILLER RETIREMENT PLAN Estimated Average Employee Contribution Amount
836,530.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 13,070.00 in ICE MILLER RETIREMENT PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in ICE MILLER RETIREMENT PLAN
An employer match is one of the most valuable benefits in any 401(k) plan — it is essentially free money added to your retirement savings. Your employer contributes additional funds based on a percentage of your own contributions. Missing out on the full match is one of the most common and costly retirement mistakes employees make.
ICE MILLER RETIREMENT PLAN Total Employer Contribution and Match Rate
ICE MILLER RETIREMENT PLAN Estimated Average Employer Match
Investing in this additonal $9,659.00 for 20 years would give you extra $618,185.00, assuming a 10% annual return.
* Data are from public filings.
Are You Leaving Dollars on the Table?
If you are not contributing enough to capture the maximum employer match, you are literally turning down part of your compensation. For many plans, this can mean thousands of dollars per year in lost employer contributions — money that would compound over decades.
Use the policy details and calculator below to find out exactly how much you need to contribute to capture every dollar of employer matching.
ICE MILLER RETIREMENT PLAN Contribution & Match Policy
ICE MILLER RETIREMENT PLAN Contribution, Match and Other Plan Policies
- Each year, participants may authorize the Firm to contribute to the Plan up to 70% (up to 12% or 15% for highly compensated participants) of their eligible annual compensation, subject to the maximum annual amount permitted under Section 402(g) of the Internal Revenue Code (IRC).
- Participants who attain age 50 before the end of the Plan year are eligible to make catch-up contributions.
- Participants may also make rollover contributions from amounts representing distributions from other qualified plans and certain Individual Retirement Accounts (IRA) as defined in the Plan Agreement.
- Contributions are subject to certain limitations under the IRC.
- The Plan includes an auto-enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan unless an affirmative election not to participate in the Plan is executed.
- Automatically enrolled participants have their contribution rate set at 7% of eligible compensation and their contributions are invested in a designated fund until changed by the participant.
- The Plan also provides for an automatic escalation provision in which a participant’s auto-enrollment contribution rate increases by 1% per year up to a maximum of 12% of eligible compensation until an affirmative election is made by the respective participant.
- In 2024, the Firm made matching contributions equal to 60.67% of the participants contributions, limited to 6.67% of participant compensation.
- In 2024, the Firm allocated a discretionary profit-sharing contribution to eligible participants equal to 6% of their eligible compensation plus an additional 5.4% on compensation in excess of the Social Security Taxable Wage Base as defined in the Plan Agreement.
- Participants are vested immediately in their contributions plus actual earnings thereon, as well as in the Firms’ discretionary matching and profit-sharing contributions and earnings thereon.
2025 IRS 401(k) Contribution Limits
The IRS sets annual limits on how much you and your employer can contribute to a 401(k) plan. Knowing these limits helps you maximize tax-advantaged savings. Here are the current limits:
| 2024 | 2025 | |
|---|---|---|
| Employee elective deferrals (pretax + Roth) | $23,000 | $23,500 |
| Employee + employer contributions combined | $69,000 | $70,000 |
| Catch-up contributions (age 50+) | $7,500 | $7,500 |
| Enhanced catch-up (ages 60–63, SECURE 2.0) | N/A | $11,250 |
The power of maxing out: If you contribute the full $23,500 annually for 20 years at a 10% average annual return, you would accumulate approximately $1,505,256. If you can maximize the combined employee+employer limit of $70,000 per year, that grows to roughly $4,480,385 over the same period — more than triple.
Use the 401(k) Savings Calculator to model your specific contribution scenario and see how your savings can grow over time.
Get Key Insights for This Plan
Join our community and get data-driven insights about ICE MILLER RETIREMENT PLAN. See how it compares to peer companies in fees, match generosity, and investment quality as soon as our new ranking reports go live.
Notify Me When Ratings Go LiveExplore More Plan Resources
Recent Articles
- Delta’s 401(k): 9% Employer Contribution, 367 Funds, and a Smart Auto-Escalation Design
- Providence Health’s 100% Match on 6% and $600M Pay Raise: What Employees Need to Know
- Meta’s 401(k): 50% Match, Immediate Vesting, and $670M on the Table
- Making Sense of Mixed Signals
- Nike’s 401(k) Match Is Dollar-for-Dollar, Even When the Swoosh Is Struggling
- Tesla 401(k) Review: 50% Match Up to $3,000 — Is That Enough for TSLA Employees?
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more …
Portfolio Calculator (Simulator)
Customize Asset Allocation Portfolios
Retirement Calculator
Investment Calculator
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …
Keep researching ICE MILLER RETIREMENT PLAN
Use the links below to move from this plan page into calculators, related retirement articles, and comparable plans in a similar industry or size band. That gives you a faster way to compare match design, fees, investments, and savings strategy in context.
Related Calculators
- 401(k) Employer Match Calculator
- Investment Fee Impact Calculator
- Mega Backdoor Roth 401(k) Calculator
Related Plans
- THELEN REID BROWN RAYSMAN & STEINER RETIREMENT & SAVINGS PLAN (921 participants, $151,709,354)
- BAKER & MCKENZIE ILLINOIS PROFIT SHARING PLAN II (918 participants, $94,026,167)
- KELLEY DRYE & WARREN LLP RETIREMENT SAVINGS PLAN (915 participants, $442,288,056)
- BRADLEY ARANT BOULT CUMMINGS LLP PROFIT SHARING RETIREMENT PLAN (912 participants, $339,922,958)
- MOORE & VAN ALLEN PLLC 401(K) PROFIT SHARING PLAN (928 participants, $403,185,904)