Civic Intelligence

Michaels Carpet Inc.

Plan context: Michaels Carpet Inc 401(K) Profit Sharing Plan

EIN 58-1310995 • Calhoun, GA • 25 filings • 5 plans

PO Box 488Calhoun, GA 30703
Current Snapshot

Latest Year

2024

2024 Participants

12

2024 Assets

$1,380,190

2024 Contributions

$220,296

Historical Graphs

Total Assets Over Time

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

$1,380,190$690,095$0200420142024YearValue
$1,380,190Latest year 2024

Participants Over Time

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

33170200420142024YearValue
12Latest 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
2024212$1,380,190$220,296$18,358iApproximate average salary by contribution assumption: employee only about $458,950 at 4% or $305,967 at 6%; with 50% employer match about $305,967 at 4% or $203,978 at 6%; with 100% employer match about $229,475 at 4% or $152,983 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-12$1,380,190$108,011$9,001iApproximate average salary by contribution assumption: employee only about $225,023 at 4% or $150,015 at 6%; with 50% employer match about $150,015 at 4% or $100,010 at 6%; with 100% employer match about $112,511 at 4% or $75,008 at 6%.
MICHAELS CARPET, INC GCF BENEFIT PLAN-0$0$112,285-
2023212$1,304,902$237,581$19,798iApproximate average salary by contribution assumption: employee only about $494,960 at 4% or $329,974 at 6%; with 50% employer match about $329,974 at 4% or $219,982 at 6%; with 100% employer match about $247,480 at 4% or $164,987 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-12$1,286,475$102,018$8,502iApproximate average salary by contribution assumption: employee only about $212,538 at 4% or $141,692 at 6%; with 50% employer match about $141,692 at 4% or $94,461 at 6%; with 100% employer match about $106,269 at 4% or $70,846 at 6%.
MICHAELS CARPET, INC GCF BENEFIT PLAN-8$18,427$135,563$16,945iApproximate average salary by contribution assumption: employee only about $423,634 at 4% or $282,423 at 6%; with 50% employer match about $282,423 at 4% or $188,282 at 6%; with 100% employer match about $211,817 at 4% or $141,211 at 6%.
2022211$1,045,043$274,277$24,934iApproximate average salary by contribution assumption: employee only about $623,357 at 4% or $415,571 at 6%; with 50% employer match about $415,571 at 4% or $277,047 at 6%; with 100% employer match about $311,678 at 4% or $207,786 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-11$1,033,120$100,695$9,154iApproximate average salary by contribution assumption: employee only about $228,852 at 4% or $152,568 at 6%; with 50% employer match about $152,568 at 4% or $101,712 at 6%; with 100% employer match about $114,426 at 4% or $76,284 at 6%.
MICHAELS CARPET, INC GCF BENEFIT PLAN-10$11,923$173,582$17,358iApproximate average salary by contribution assumption: employee only about $433,955 at 4% or $289,303 at 6%; with 50% employer match about $289,303 at 4% or $192,869 at 6%; with 100% employer match about $216,978 at 4% or $144,652 at 6%.
2021211$1,147,839$231,680$21,062iApproximate average salary by contribution assumption: employee only about $526,545 at 4% or $351,030 at 6%; with 50% employer match about $351,030 at 4% or $234,020 at 6%; with 100% employer match about $263,273 at 4% or $175,515 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-11$1,140,987$90,352$8,214iApproximate average salary by contribution assumption: employee only about $205,345 at 4% or $136,897 at 6%; with 50% employer match about $136,897 at 4% or $91,265 at 6%; with 100% employer match about $102,673 at 4% or $68,448 at 6%.
MICHAELS CARPET, INC GCF BENEFIT PLAN-11$6,852$141,328$12,848iApproximate average salary by contribution assumption: employee only about $321,200 at 4% or $214,133 at 6%; with 50% employer match about $214,133 at 4% or $142,756 at 6%; with 100% employer match about $160,600 at 4% or $107,067 at 6%.
2020113$975,151$75,150$5,781iApproximate average salary by contribution assumption: employee only about $144,519 at 4% or $96,346 at 6%; with 50% employer match about $96,346 at 4% or $64,231 at 6%; with 100% employer match about $72,260 at 4% or $48,173 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-13$975,151$75,150$5,781iApproximate average salary by contribution assumption: employee only about $144,519 at 4% or $96,346 at 6%; with 50% employer match about $96,346 at 4% or $64,231 at 6%; with 100% employer match about $72,260 at 4% or $48,173 at 6%.
2019113$956,756$85,199$6,554iApproximate average salary by contribution assumption: employee only about $163,844 at 4% or $109,229 at 6%; with 50% employer match about $109,229 at 4% or $72,820 at 6%; with 100% employer match about $81,922 at 4% or $54,615 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-13$956,756$85,199$6,554iApproximate average salary by contribution assumption: employee only about $163,844 at 4% or $109,229 at 6%; with 50% employer match about $109,229 at 4% or $72,820 at 6%; with 100% employer match about $81,922 at 4% or $54,615 at 6%.
2018114$760,072$79,648$5,689iApproximate average salary by contribution assumption: employee only about $142,229 at 4% or $94,819 at 6%; with 50% employer match about $94,819 at 4% or $63,213 at 6%; with 100% employer match about $71,114 at 4% or $47,410 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-14$760,072$79,648$5,689iApproximate average salary by contribution assumption: employee only about $142,229 at 4% or $94,819 at 6%; with 50% employer match about $94,819 at 4% or $63,213 at 6%; with 100% employer match about $71,114 at 4% or $47,410 at 6%.
2017114$734,553$50,732$3,624iApproximate average salary by contribution assumption: employee only about $90,593 at 4% or $60,395 at 6%; with 50% employer match about $60,395 at 4% or $40,263 at 6%; with 100% employer match about $45,296 at 4% or $30,198 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-14$734,553$50,732$3,624iApproximate average salary by contribution assumption: employee only about $90,593 at 4% or $60,395 at 6%; with 50% employer match about $60,395 at 4% or $40,263 at 6%; with 100% employer match about $45,296 at 4% or $30,198 at 6%.
2016116$633,072$39,031$2,439iApproximate average salary by contribution assumption: employee only about $60,986 at 4% or $40,657 at 6%; with 50% employer match about $40,657 at 4% or $27,105 at 6%; with 100% employer match about $30,493 at 4% or $20,329 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-16$633,072$39,031$2,439iApproximate average salary by contribution assumption: employee only about $60,986 at 4% or $40,657 at 6%; with 50% employer match about $40,657 at 4% or $27,105 at 6%; with 100% employer match about $30,493 at 4% or $20,329 at 6%.
2015114$575,711$44,807$3,201iApproximate average salary by contribution assumption: employee only about $80,013 at 4% or $53,342 at 6%; with 50% employer match about $53,342 at 4% or $35,561 at 6%; with 100% employer match about $40,006 at 4% or $26,671 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-14$575,711$44,807$3,201iApproximate average salary by contribution assumption: employee only about $80,013 at 4% or $53,342 at 6%; with 50% employer match about $53,342 at 4% or $35,561 at 6%; with 100% employer match about $40,006 at 4% or $26,671 at 6%.
2014115$548,551$31,175$2,078iApproximate average salary by contribution assumption: employee only about $51,958 at 4% or $34,639 at 6%; with 50% employer match about $34,639 at 4% or $23,093 at 6%; with 100% employer match about $25,979 at 4% or $17,319 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-15$548,551$31,175$2,078iApproximate average salary by contribution assumption: employee only about $51,958 at 4% or $34,639 at 6%; with 50% employer match about $34,639 at 4% or $23,093 at 6%; with 100% employer match about $25,979 at 4% or $17,319 at 6%.
2013114$527,700$42,770$3,055iApproximate average salary by contribution assumption: employee only about $76,375 at 4% or $50,917 at 6%; with 50% employer match about $50,917 at 4% or $33,944 at 6%; with 100% employer match about $38,188 at 4% or $25,458 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-14$527,700$42,770$3,055iApproximate average salary by contribution assumption: employee only about $76,375 at 4% or $50,917 at 6%; with 50% employer match about $50,917 at 4% or $33,944 at 6%; with 100% employer match about $38,188 at 4% or $25,458 at 6%.
2012117$485,829$45,562$2,680iApproximate average salary by contribution assumption: employee only about $67,003 at 4% or $44,669 at 6%; with 50% employer match about $44,669 at 4% or $29,779 at 6%; with 100% employer match about $33,501 at 4% or $22,334 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-17$485,829$45,562$2,680iApproximate average salary by contribution assumption: employee only about $67,003 at 4% or $44,669 at 6%; with 50% employer match about $44,669 at 4% or $29,779 at 6%; with 100% employer match about $33,501 at 4% or $22,334 at 6%.
2011120$438,913$46,355$2,318iApproximate average salary by contribution assumption: employee only about $57,944 at 4% or $38,629 at 6%; with 50% employer match about $38,629 at 4% or $25,753 at 6%; with 100% employer match about $28,972 at 4% or $19,315 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-20$438,913$46,355$2,318iApproximate average salary by contribution assumption: employee only about $57,944 at 4% or $38,629 at 6%; with 50% employer match about $38,629 at 4% or $25,753 at 6%; with 100% employer match about $28,972 at 4% or $19,315 at 6%.
2010125$475,333$46,964$1,879iApproximate average salary by contribution assumption: employee only about $46,964 at 4% or $31,309 at 6%; with 50% employer match about $31,309 at 4% or $20,873 at 6%; with 100% employer match about $23,482 at 4% or $15,655 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-25$475,333$46,964$1,879iApproximate average salary by contribution assumption: employee only about $46,964 at 4% or $31,309 at 6%; with 50% employer match about $31,309 at 4% or $20,873 at 6%; with 100% employer match about $23,482 at 4% or $15,655 at 6%.
2009123$420,811$63,416$2,757iApproximate average salary by contribution assumption: employee only about $68,930 at 4% or $45,954 at 6%; with 50% employer match about $45,954 at 4% or $30,636 at 6%; with 100% employer match about $34,465 at 4% or $22,977 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-23$420,811$63,416$2,757iApproximate average salary by contribution assumption: employee only about $68,930 at 4% or $45,954 at 6%; with 50% employer match about $45,954 at 4% or $30,636 at 6%; with 100% employer match about $34,465 at 4% or $22,977 at 6%.
2008127$346,309$113,127$4,190iApproximate average salary by contribution assumption: employee only about $104,747 at 4% or $69,831 at 6%; with 50% employer match about $69,831 at 4% or $46,554 at 6%; with 100% employer match about $52,374 at 4% or $34,916 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-27$346,309$113,127$4,190iApproximate average salary by contribution assumption: employee only about $104,747 at 4% or $69,831 at 6%; with 50% employer match about $69,831 at 4% or $46,554 at 6%; with 100% employer match about $52,374 at 4% or $34,916 at 6%.
2007129$397,893$123,950$4,274iApproximate average salary by contribution assumption: employee only about $106,853 at 4% or $71,236 at 6%; with 50% employer match about $71,236 at 4% or $47,490 at 6%; with 100% employer match about $53,427 at 4% or $35,618 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-29$397,893$123,950$4,274iApproximate average salary by contribution assumption: employee only about $106,853 at 4% or $71,236 at 6%; with 50% employer match about $71,236 at 4% or $47,490 at 6%; with 100% employer match about $53,427 at 4% or $35,618 at 6%.
2006126$285,126$120,525$4,636iApproximate average salary by contribution assumption: employee only about $115,889 at 4% or $77,260 at 6%; with 50% employer match about $77,260 at 4% or $51,506 at 6%; with 100% employer match about $57,945 at 4% or $38,630 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-26$285,126$120,525$4,636iApproximate average salary by contribution assumption: employee only about $115,889 at 4% or $77,260 at 6%; with 50% employer match about $77,260 at 4% or $51,506 at 6%; with 100% employer match about $57,945 at 4% or $38,630 at 6%.
2005133$153,516$134,296$4,070iApproximate average salary by contribution assumption: employee only about $101,739 at 4% or $67,826 at 6%; with 50% employer match about $67,826 at 4% or $45,218 at 6%; with 100% employer match about $50,870 at 4% or $33,913 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-33$153,516$134,296$4,070iApproximate average salary by contribution assumption: employee only about $101,739 at 4% or $67,826 at 6%; with 50% employer match about $67,826 at 4% or $45,218 at 6%; with 100% employer match about $50,870 at 4% or $33,913 at 6%.
2004133$16,713$16,713$506iApproximate average salary by contribution assumption: employee only about $12,661 at 4% or $8,441 at 6%; with 50% employer match about $8,441 at 4% or $5,627 at 6%; with 100% employer match about $6,331 at 4% or $4,220 at 6%.
Michaels Carpet Inc 401(K) Profit Sharing Plan-33$16,713$16,713$506iApproximate average salary by contribution assumption: employee only about $12,661 at 4% or $8,441 at 6%; with 50% employer match about $8,441 at 4% or $5,627 at 6%; with 100% employer match about $6,331 at 4% or $4,220 at 6%.