Civic Intelligence

The Michaels Organization

Plan context: The Michaels Organization 401(K) Plan

EIN 47-4070382 • 12 filings • 2 plans

Current Snapshot

Latest Year

2024

2024 Participants

2,700

2024 Assets

$100,227,239

2024 Contributions

$14,667,000

Historical Graphs

Total Assets Over Time

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

$100,227,239$50,113,620$0201920222024YearValue
$100,227,239Latest year 2024

Participants Over Time

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

2,7001,3500201920222024YearValue
2,700Latest year 2024

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
202422,700$100,227,239$14,667,000$5,432iApproximate average salary by contribution assumption: employee only about $135,806 at 4% or $90,537 at 6%; with 50% employer match about $90,537 at 4% or $60,358 at 6%; with 100% employer match about $67,903 at 4% or $45,269 at 6%.
The Michaels Organization 401(K) Plan-2,700$100,227,239$14,667,000$5,432iApproximate average salary by contribution assumption: employee only about $135,806 at 4% or $90,537 at 6%; with 50% employer match about $90,537 at 4% or $60,358 at 6%; with 100% employer match about $67,903 at 4% or $45,269 at 6%.
The Michaels Organization Voluntary Employee Benefit Trust-2,009---
202322,503$85,209,207$12,644,425$5,052iApproximate average salary by contribution assumption: employee only about $126,293 at 4% or $84,195 at 6%; with 50% employer match about $84,195 at 4% or $56,130 at 6%; with 100% employer match about $63,146 at 4% or $42,098 at 6%.
The Michaels Organization 401(K) Plan-2,503$85,209,207$12,644,425$5,052iApproximate average salary by contribution assumption: employee only about $126,293 at 4% or $84,195 at 6%; with 50% employer match about $84,195 at 4% or $56,130 at 6%; with 100% employer match about $63,146 at 4% or $42,098 at 6%.
The Michaels Organization Voluntary Employee Benefit Trust-2,036---
202222,142$80,908,304$32,152,252$15,010iApproximate average salary by contribution assumption: employee only about $375,260 at 4% or $250,173 at 6%; with 50% employer match about $250,173 at 4% or $166,782 at 6%; with 100% employer match about $187,630 at 4% or $125,087 at 6%.
The Michaels Organization 401(K) Plan-2,142$69,371,458$10,841,215$5,061iApproximate average salary by contribution assumption: employee only about $126,531 at 4% or $84,354 at 6%; with 50% employer match about $84,354 at 4% or $56,236 at 6%; with 100% employer match about $63,266 at 4% or $42,177 at 6%.
The Michaels Organization Voluntary Employee Benefit Trust-2,117$11,536,846$21,311,037$10,067iApproximate average salary by contribution assumption: employee only about $251,666 at 4% or $167,777 at 6%; with 50% employer match about $167,777 at 4% or $111,851 at 6%; with 100% employer match about $125,833 at 4% or $83,889 at 6%.
202122,606$88,804,673$30,131,981$11,563iApproximate average salary by contribution assumption: employee only about $289,064 at 4% or $192,709 at 6%; with 50% employer match about $192,709 at 4% or $128,473 at 6%; with 100% employer match about $144,532 at 4% or $96,355 at 6%.
The Michaels Organization 401(K) Plan-2,606$77,648,665$8,197,810$3,146iApproximate average salary by contribution assumption: employee only about $78,644 at 4% or $52,429 at 6%; with 50% employer match about $52,429 at 4% or $34,953 at 6%; with 100% employer match about $39,322 at 4% or $26,215 at 6%.
The Michaels Organization Voluntary Employee Benefit Trust-2,019$11,156,008$21,934,171$10,864iApproximate average salary by contribution assumption: employee only about $271,597 at 4% or $181,065 at 6%; with 50% employer match about $181,065 at 4% or $120,710 at 6%; with 100% employer match about $135,798 at 4% or $90,532 at 6%.
202022,429$77,052,397$29,012,129$11,944iApproximate average salary by contribution assumption: employee only about $298,602 at 4% or $199,068 at 6%; with 50% employer match about $199,068 at 4% or $132,712 at 6%; with 100% employer match about $149,301 at 4% or $99,534 at 6%.
The Michaels Organization 401(K) Plan-2,429$66,037,935$7,329,210$3,017iApproximate average salary by contribution assumption: employee only about $75,434 at 4% or $50,290 at 6%; with 50% employer match about $50,290 at 4% or $33,526 at 6%; with 100% employer match about $37,717 at 4% or $25,145 at 6%.
The Michaels Organization Voluntary Employee Benefit Trust-1,944$11,014,462$21,682,919$11,154iApproximate average salary by contribution assumption: employee only about $278,844 at 4% or $185,896 at 6%; with 50% employer match about $185,896 at 4% or $123,931 at 6%; with 100% employer match about $139,422 at 4% or $92,948 at 6%.
201921,917$63,982,801$25,693,982$13,403iApproximate average salary by contribution assumption: employee only about $335,081 at 4% or $223,387 at 6%; with 50% employer match about $223,387 at 4% or $148,925 at 6%; with 100% employer match about $167,540 at 4% or $111,694 at 6%.
The Michaels Organization 401(K) Plan-1,838$54,538,034$6,222,540$3,385iApproximate average salary by contribution assumption: employee only about $84,637 at 4% or $56,425 at 6%; with 50% employer match about $56,425 at 4% or $37,617 at 6%; with 100% employer match about $42,319 at 4% or $28,212 at 6%.
The Michaels Organization Voluntary Employee Benefit Trust-1,917$9,444,767$19,471,442$10,157iApproximate average salary by contribution assumption: employee only about $253,931 at 4% or $169,287 at 6%; with 50% employer match about $169,287 at 4% or $112,858 at 6%; with 100% employer match about $126,966 at 4% or $84,644 at 6%.