Civic Intelligence

Michaels & Associates Inc.

Plan context: Michaels & Associates Inc Profit Sharing & Retirement Savings Plan

EIN 38-2364744 • Grand Rapids, MI • 22 filings • 2 plans

5470 Executive ParkwayGrand Rapids, MI 49512
Current Snapshot

Latest Year

2021

2021 Participants

42

2021 Assets

$4,443,111

2021 Contributions

$117,493

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$6,156,505$3,078,253$0199920142020YearValue
$4,443,111Latest year 2020

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

122610199920102020YearValue
42Latest year 2020

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202110$0$117,493-
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-0$0$117,493-
2020142$4,443,111$231,877$5,521iApproximate average salary by contribution assumption: employee only about $138,022 at 4% or $92,015 at 6%; with 50% employer match about $92,015 at 4% or $61,343 at 6%; with 100% employer match about $69,011 at 4% or $46,007 at 6%.
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-42$4,443,111$231,877$5,521iApproximate average salary by contribution assumption: employee only about $138,022 at 4% or $92,015 at 6%; with 50% employer match about $92,015 at 4% or $61,343 at 6%; with 100% employer match about $69,011 at 4% or $46,007 at 6%.
2019150$4,258,869$135,898$2,718iApproximate average salary by contribution assumption: employee only about $67,949 at 4% or $45,299 at 6%; with 50% employer match about $45,299 at 4% or $30,200 at 6%; with 100% employer match about $33,975 at 4% or $22,650 at 6%.
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-50$4,258,869$135,898$2,718iApproximate average salary by contribution assumption: employee only about $67,949 at 4% or $45,299 at 6%; with 50% employer match about $45,299 at 4% or $30,200 at 6%; with 100% employer match about $33,975 at 4% or $22,650 at 6%.
2018152$4,222,330$168,928$3,249iApproximate average salary by contribution assumption: employee only about $81,215 at 4% or $54,144 at 6%; with 50% employer match about $54,144 at 4% or $36,096 at 6%; with 100% employer match about $40,608 at 4% or $27,072 at 6%.
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-52$4,222,330$168,928$3,249iApproximate average salary by contribution assumption: employee only about $81,215 at 4% or $54,144 at 6%; with 50% employer match about $54,144 at 4% or $36,096 at 6%; with 100% employer match about $40,608 at 4% or $27,072 at 6%.
2017154$3,948,059$213,813$3,960iApproximate average salary by contribution assumption: employee only about $98,988 at 4% or $65,992 at 6%; with 50% employer match about $65,992 at 4% or $43,994 at 6%; with 100% employer match about $49,494 at 4% or $32,996 at 6%.
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-54$3,948,059$213,813$3,960iApproximate average salary by contribution assumption: employee only about $98,988 at 4% or $65,992 at 6%; with 50% employer match about $65,992 at 4% or $43,994 at 6%; with 100% employer match about $49,494 at 4% or $32,996 at 6%.
2016156$4,195,108$191,460$3,419iApproximate average salary by contribution assumption: employee only about $85,473 at 4% or $56,982 at 6%; with 50% employer match about $56,982 at 4% or $37,988 at 6%; with 100% employer match about $42,737 at 4% or $28,491 at 6%.
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-56$4,195,108$191,460$3,419iApproximate average salary by contribution assumption: employee only about $85,473 at 4% or $56,982 at 6%; with 50% employer match about $56,982 at 4% or $37,988 at 6%; with 100% employer match about $42,737 at 4% or $28,491 at 6%.
2015159$4,211,140$244,858$4,150iApproximate average salary by contribution assumption: employee only about $103,753 at 4% or $69,169 at 6%; with 50% employer match about $69,169 at 4% or $46,113 at 6%; with 100% employer match about $51,877 at 4% or $34,584 at 6%.
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-59$4,211,140$244,858$4,150iApproximate average salary by contribution assumption: employee only about $103,753 at 4% or $69,169 at 6%; with 50% employer match about $69,169 at 4% or $46,113 at 6%; with 100% employer match about $51,877 at 4% or $34,584 at 6%.
2014174$5,683,436$296,378$4,005iApproximate average salary by contribution assumption: employee only about $100,128 at 4% or $66,752 at 6%; with 50% employer match about $66,752 at 4% or $44,501 at 6%; with 100% employer match about $50,064 at 4% or $33,376 at 6%.
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-74$5,683,436$296,378$4,005iApproximate average salary by contribution assumption: employee only about $100,128 at 4% or $66,752 at 6%; with 50% employer match about $66,752 at 4% or $44,501 at 6%; with 100% employer match about $50,064 at 4% or $33,376 at 6%.
2013185$5,889,741$254,610$2,995iApproximate average salary by contribution assumption: employee only about $74,885 at 4% or $49,924 at 6%; with 50% employer match about $49,924 at 4% or $33,282 at 6%; with 100% employer match about $37,443 at 4% or $24,962 at 6%.
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-85$5,889,741$254,610$2,995iApproximate average salary by contribution assumption: employee only about $74,885 at 4% or $49,924 at 6%; with 50% employer match about $49,924 at 4% or $33,282 at 6%; with 100% employer match about $37,443 at 4% or $24,962 at 6%.
2012195$6,156,505$331,507$3,490iApproximate average salary by contribution assumption: employee only about $87,239 at 4% or $58,159 at 6%; with 50% employer match about $58,159 at 4% or $38,773 at 6%; with 100% employer match about $43,619 at 4% or $29,080 at 6%.
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-95$6,156,505$331,507$3,490iApproximate average salary by contribution assumption: employee only about $87,239 at 4% or $58,159 at 6%; with 50% employer match about $58,159 at 4% or $38,773 at 6%; with 100% employer match about $43,619 at 4% or $29,080 at 6%.
20111104$5,446,948$306,744$2,949iApproximate average salary by contribution assumption: employee only about $73,737 at 4% or $49,158 at 6%; with 50% employer match about $49,158 at 4% or $32,772 at 6%; with 100% employer match about $36,868 at 4% or $24,579 at 6%.
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-104$5,446,948$306,744$2,949iApproximate average salary by contribution assumption: employee only about $73,737 at 4% or $49,158 at 6%; with 50% employer match about $49,158 at 4% or $32,772 at 6%; with 100% employer match about $36,868 at 4% or $24,579 at 6%.
2010198$5,232,773$283,345$2,891iApproximate average salary by contribution assumption: employee only about $72,282 at 4% or $48,188 at 6%; with 50% employer match about $48,188 at 4% or $32,125 at 6%; with 100% employer match about $36,141 at 4% or $24,094 at 6%.
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-98$5,232,773$283,345$2,891iApproximate average salary by contribution assumption: employee only about $72,282 at 4% or $48,188 at 6%; with 50% employer match about $48,188 at 4% or $32,125 at 6%; with 100% employer match about $36,141 at 4% or $24,094 at 6%.
20091101$4,952,279$282,609$2,798iApproximate average salary by contribution assumption: employee only about $69,953 at 4% or $46,635 at 6%; with 50% employer match about $46,635 at 4% or $31,090 at 6%; with 100% employer match about $34,976 at 4% or $23,318 at 6%.
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-101$4,952,279$282,609$2,798iApproximate average salary by contribution assumption: employee only about $69,953 at 4% or $46,635 at 6%; with 50% employer match about $46,635 at 4% or $31,090 at 6%; with 100% employer match about $34,976 at 4% or $23,318 at 6%.
20071110$0$0-
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-110---
20061113$0$0-
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-113---
20051120$0$0-
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-120---
20041122$0$0-
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-122---
20031112$0$0-
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-112---
20021103$0$0-
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-103---
2001198$0$0-
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-98---
2000174$0$0-
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-74---
1999170$1,996,426$260,205$3,717iApproximate average salary by contribution assumption: employee only about $92,930 at 4% or $61,954 at 6%; with 50% employer match about $61,954 at 4% or $41,302 at 6%; with 100% employer match about $46,465 at 4% or $30,977 at 6%.
Michaels & Associates Inc Profit Sharing & Retirement Savings Plan-70$1,996,426$260,205$3,717iApproximate average salary by contribution assumption: employee only about $92,930 at 4% or $61,954 at 6%; with 50% employer match about $61,954 at 4% or $41,302 at 6%; with 100% employer match about $46,465 at 4% or $30,977 at 6%.