Michaels Stores Inc.
Plan context: Michaels Stores Inc. Employees 401(K) Plan
EIN 75-1943604 • Irving, TX • 74 filings • 6 plans
Current Snapshot
Latest Year
2024
2024 Participants
37,195
2024 Assets
$337,204,588
2024 Contributions
$33,990,249
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 2 | 37,195 | $337,204,588 | $33,990,249 | $914iApproximate average salary by contribution assumption: employee only about $22,846 at 4% or $15,231 at 6%; with 50% employer match about $15,231 at 4% or $10,154 at 6%; with 100% employer match about $11,423 at 4% or $7,615 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 27,613 | $337,204,588 | $33,990,249 | $1,231iApproximate average salary by contribution assumption: employee only about $30,774 at 4% or $20,516 at 6%; with 50% employer match about $20,516 at 4% or $13,677 at 6%; with 100% employer match about $15,387 at 4% or $10,258 at 6%. |
| Michaels Stores Inc. Employee Benefit Plan | - | 37,195 | - | - | - |
| 2023 | 2 | 34,776 | $307,002,488 | $30,767,404 | $885iApproximate average salary by contribution assumption: employee only about $22,118 at 4% or $14,746 at 6%; with 50% employer match about $14,746 at 4% or $9,830 at 6%; with 100% employer match about $11,059 at 4% or $7,373 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 4,593 | $307,002,488 | $30,767,404 | $6,699iApproximate average salary by contribution assumption: employee only about $167,469 at 4% or $111,646 at 6%; with 50% employer match about $111,646 at 4% or $74,431 at 6%; with 100% employer match about $83,734 at 4% or $55,823 at 6%. |
| Michaels Stores Inc. Employee Benefit Plan | - | 34,776 | - | - | - |
| 2022 | 2 | 21,202 | $268,177,032 | $34,472,935 | $1,626iApproximate average salary by contribution assumption: employee only about $40,648 at 4% or $27,099 at 6%; with 50% employer match about $27,099 at 4% or $18,066 at 6%; with 100% employer match about $20,324 at 4% or $13,549 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 21,202 | $268,177,032 | $34,472,935 | $1,626iApproximate average salary by contribution assumption: employee only about $40,648 at 4% or $27,099 at 6%; with 50% employer match about $27,099 at 4% or $18,066 at 6%; with 100% employer match about $20,324 at 4% or $13,549 at 6%. |
| Michaels Stores Inc. Employee Benefit Plan | - | 10,787 | - | - | - |
| 2021 | 2 | 15,648 | $315,834,032 | $31,043,140 | $1,984iApproximate average salary by contribution assumption: employee only about $49,596 at 4% or $33,064 at 6%; with 50% employer match about $33,064 at 4% or $22,043 at 6%; with 100% employer match about $24,798 at 4% or $16,532 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 15,648 | $315,834,032 | $31,043,140 | $1,984iApproximate average salary by contribution assumption: employee only about $49,596 at 4% or $33,064 at 6%; with 50% employer match about $33,064 at 4% or $22,043 at 6%; with 100% employer match about $24,798 at 4% or $16,532 at 6%. |
| Michaels Stores Inc. Employee Benefit Plan | - | 12,268 | - | - | - |
| 2020 | 3 | 17,892 | $269,841,240 | $21,202,170 | $1,185iApproximate average salary by contribution assumption: employee only about $29,625 at 4% or $19,750 at 6%; with 50% employer match about $19,750 at 4% or $13,167 at 6%; with 100% employer match about $14,813 at 4% or $9,875 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 17,892 | $269,841,240 | $21,202,170 | $1,185iApproximate average salary by contribution assumption: employee only about $29,625 at 4% or $19,750 at 6%; with 50% employer match about $19,750 at 4% or $13,167 at 6%; with 100% employer match about $14,813 at 4% or $9,875 at 6%. |
| Michael Stores Inc. Long-Term Disability Plan | - | 0 | - | - | - |
| Michaels Stores Inc. Employee Benefit Plan | - | 12,427 | - | - | - |
| 2019 | 2 | 22,345 | $267,210,823 | $21,753,927 | $974iApproximate average salary by contribution assumption: employee only about $24,339 at 4% or $16,226 at 6%; with 50% employer match about $16,226 at 4% or $10,817 at 6%; with 100% employer match about $12,169 at 4% or $8,113 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 22,345 | $267,210,823 | $21,753,927 | $974iApproximate average salary by contribution assumption: employee only about $24,339 at 4% or $16,226 at 6%; with 50% employer match about $16,226 at 4% or $10,817 at 6%; with 100% employer match about $12,169 at 4% or $8,113 at 6%. |
| Michaels Stores Inc. Employee Benefit Plan | - | 15,328 | - | - | - |
| 2018 | 2 | 23,999 | $228,778,665 | $22,144,837 | $923iApproximate average salary by contribution assumption: employee only about $23,068 at 4% or $15,379 at 6%; with 50% employer match about $15,379 at 4% or $10,253 at 6%; with 100% employer match about $11,534 at 4% or $7,689 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 23,999 | $228,778,665 | $22,144,837 | $923iApproximate average salary by contribution assumption: employee only about $23,068 at 4% or $15,379 at 6%; with 50% employer match about $15,379 at 4% or $10,253 at 6%; with 100% employer match about $11,534 at 4% or $7,689 at 6%. |
| Michaels Stores Inc. Employee Benefit Plan | - | 8,514 | - | - | - |
| 2017 | 3 | 24,958 | $245,907,927 | $19,927,781 | $798iApproximate average salary by contribution assumption: employee only about $19,961 at 4% or $13,308 at 6%; with 50% employer match about $13,308 at 4% or $8,872 at 6%; with 100% employer match about $9,981 at 4% or $6,654 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 24,958 | $245,907,927 | $19,927,781 | $798iApproximate average salary by contribution assumption: employee only about $19,961 at 4% or $13,308 at 6%; with 50% employer match about $13,308 at 4% or $8,872 at 6%; with 100% employer match about $9,981 at 4% or $6,654 at 6%. |
| Leewards Pension Plan for Hourly Employees | - | 0 | - | - | - |
| Michaels Stores Inc. Employee Benefit Plan | - | 9,127 | - | - | - |
| 2016 | 3 | 21,992 | $216,599,987 | $20,037,415 | $911iApproximate average salary by contribution assumption: employee only about $22,778 at 4% or $15,185 at 6%; with 50% employer match about $15,185 at 4% or $10,124 at 6%; with 100% employer match about $11,389 at 4% or $7,593 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 21,992 | $215,274,065 | $19,925,710 | $906iApproximate average salary by contribution assumption: employee only about $22,651 at 4% or $15,101 at 6%; with 50% employer match about $15,101 at 4% or $10,067 at 6%; with 100% employer match about $11,326 at 4% or $7,550 at 6%. |
| Leewards Pension Plan for Hourly Employees | - | 14 | $1,325,922 | $111,705 | $7,979iApproximate average salary by contribution assumption: employee only about $199,473 at 4% or $132,982 at 6%; with 50% employer match about $132,982 at 4% or $88,655 at 6%; with 100% employer match about $99,737 at 4% or $66,491 at 6%. |
| Michaels Stores Inc. Employee Benefit Plan | - | 9,396 | - | - | - |
| 2015 | 3 | 20,398 | $168,910,848 | $18,872,514 | $925iApproximate average salary by contribution assumption: employee only about $23,130 at 4% or $15,420 at 6%; with 50% employer match about $15,420 at 4% or $10,280 at 6%; with 100% employer match about $11,565 at 4% or $7,710 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 20,398 | $167,551,132 | $18,686,461 | $916iApproximate average salary by contribution assumption: employee only about $22,902 at 4% or $15,268 at 6%; with 50% employer match about $15,268 at 4% or $10,179 at 6%; with 100% employer match about $11,451 at 4% or $7,634 at 6%. |
| Leewards Pension Plan for Hourly Employees | - | 15 | $1,359,716 | $186,053 | $12,404iApproximate average salary by contribution assumption: employee only about $310,088 at 4% or $206,726 at 6%; with 50% employer match about $206,726 at 4% or $137,817 at 6%; with 100% employer match about $155,044 at 4% or $103,363 at 6%. |
| Michaels Stores Inc. Employee Benefit Plan | - | 8,869 | - | - | - |
| 2014 | 3 | 21,500 | $169,884,246 | $16,851,357 | $784iApproximate average salary by contribution assumption: employee only about $19,595 at 4% or $13,063 at 6%; with 50% employer match about $13,063 at 4% or $8,709 at 6%; with 100% employer match about $9,797 at 4% or $6,532 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 21,500 | $168,140,540 | $16,673,350 | $776iApproximate average salary by contribution assumption: employee only about $19,388 at 4% or $12,925 at 6%; with 50% employer match about $12,925 at 4% or $8,617 at 6%; with 100% employer match about $9,694 at 4% or $6,463 at 6%. |
| Leewards Pension Plan for Hourly Employees | - | 17 | $1,743,706 | $178,007 | $10,471iApproximate average salary by contribution assumption: employee only about $261,775 at 4% or $174,517 at 6%; with 50% employer match about $174,517 at 4% or $116,344 at 6%; with 100% employer match about $130,888 at 4% or $87,258 at 6%. |
| Michaels Stores Inc. Employee Benefit Plan | - | 8,917 | - | - | - |
| 2013 | 3 | 21,161 | $163,168,018 | $16,830,132 | $795iApproximate average salary by contribution assumption: employee only about $19,883 at 4% or $13,256 at 6%; with 50% employer match about $13,256 at 4% or $8,837 at 6%; with 100% employer match about $9,942 at 4% or $6,628 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 21,161 | $161,100,944 | $16,627,904 | $786iApproximate average salary by contribution assumption: employee only about $19,645 at 4% or $13,096 at 6%; with 50% employer match about $13,096 at 4% or $8,731 at 6%; with 100% employer match about $9,822 at 4% or $6,548 at 6%. |
| Leewards Pension Plan for Hourly Employees | - | 25 | $2,067,074 | $202,228 | $8,089iApproximate average salary by contribution assumption: employee only about $202,228 at 4% or $134,819 at 6%; with 50% employer match about $134,819 at 4% or $89,879 at 6%; with 100% employer match about $101,114 at 4% or $67,409 at 6%. |
| Michaels Stores Inc. Employee Benefit Plan | - | 9,121 | - | - | - |
| 2012 | 4 | 20,499 | $141,427,106 | $16,111,920 | $786iApproximate average salary by contribution assumption: employee only about $19,650 at 4% or $13,100 at 6%; with 50% employer match about $13,100 at 4% or $8,733 at 6%; with 100% employer match about $9,825 at 4% or $6,550 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 20,499 | $139,464,125 | $15,893,948 | $775iApproximate average salary by contribution assumption: employee only about $19,384 at 4% or $12,923 at 6%; with 50% employer match about $12,923 at 4% or $8,615 at 6%; with 100% employer match about $9,692 at 4% or $6,461 at 6%. |
| Leewards Pension Plan for Hourly Employees | - | 25 | $1,962,981 | $217,972 | $8,719iApproximate average salary by contribution assumption: employee only about $217,972 at 4% or $145,315 at 6%; with 50% employer match about $145,315 at 4% or $96,876 at 6%; with 100% employer match about $108,986 at 4% or $72,657 at 6%. |
| Michaels Stores Inc. Employee Benefit Plan | - | 7,804 | - | - | - |
| Michael Stores Inc. Long-Term Disability Plan | - | 2,742 | - | - | - |
| 2011 | 4 | 17,689 | $126,042,629 | $13,882,258 | $785iApproximate average salary by contribution assumption: employee only about $19,620 at 4% or $13,080 at 6%; with 50% employer match about $13,080 at 4% or $8,720 at 6%; with 100% employer match about $9,810 at 4% or $6,540 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 17,689 | $124,323,059 | $13,674,765 | $773iApproximate average salary by contribution assumption: employee only about $19,327 at 4% or $12,884 at 6%; with 50% employer match about $12,884 at 4% or $8,590 at 6%; with 100% employer match about $9,663 at 4% or $6,442 at 6%. |
| Leewards Pension Plan for Hourly Employees | - | 25 | $1,719,570 | $207,493 | $8,300iApproximate average salary by contribution assumption: employee only about $207,493 at 4% or $138,329 at 6%; with 50% employer match about $138,329 at 4% or $92,219 at 6%; with 100% employer match about $103,746 at 4% or $69,164 at 6%. |
| Michaels Stores Inc. Employee Benefit Plan | - | 7,638 | - | - | - |
| Michael Stores Inc. Long-Term Disability Plan | - | 2,698 | - | - | - |
| 2010 | 4 | 19,116 | $125,830,464 | $12,800,069 | $670iApproximate average salary by contribution assumption: employee only about $16,740 at 4% or $11,160 at 6%; with 50% employer match about $11,160 at 4% or $7,440 at 6%; with 100% employer match about $8,370 at 4% or $5,580 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 19,116 | $124,094,870 | $12,675,059 | $663iApproximate average salary by contribution assumption: employee only about $16,577 at 4% or $11,051 at 6%; with 50% employer match about $11,051 at 4% or $7,367 at 6%; with 100% employer match about $8,288 at 4% or $5,526 at 6%. |
| Leewards Pension Plan for Hourly Employees | - | 23 | $1,735,594 | $125,010 | $5,435iApproximate average salary by contribution assumption: employee only about $135,880 at 4% or $90,587 at 6%; with 50% employer match about $90,587 at 4% or $60,391 at 6%; with 100% employer match about $67,940 at 4% or $45,293 at 6%. |
| Michaels Stores Inc. Employee Benefit Plan | - | 6,805 | - | - | - |
| Michael Stores Inc. Long-Term Disability Plan | - | 2,784 | - | - | - |
| 2009 | 4 | 19,006 | $113,015,876 | $11,217,996 | $590iApproximate average salary by contribution assumption: employee only about $14,756 at 4% or $9,837 at 6%; with 50% employer match about $9,837 at 4% or $6,558 at 6%; with 100% employer match about $7,378 at 4% or $4,919 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 19,006 | $111,385,407 | $11,102,773 | $584iApproximate average salary by contribution assumption: employee only about $14,604 at 4% or $9,736 at 6%; with 50% employer match about $9,736 at 4% or $6,491 at 6%; with 100% employer match about $7,302 at 4% or $4,868 at 6%. |
| Leewards Pension Plan for Hourly Employees | - | 28 | $1,630,469 | $115,223 | $4,115iApproximate average salary by contribution assumption: employee only about $102,878 at 4% or $68,585 at 6%; with 50% employer match about $68,585 at 4% or $45,723 at 6%; with 100% employer match about $51,439 at 4% or $34,293 at 6%. |
| Michael Stores Inc. Long-Term Disability Plan | - | 2,792 | - | - | - |
| Michaels Stores Inc. Employee Benefit Plan | - | 9,238 | - | - | - |
| 2008 | 4 | 19,695 | $97,185,884 | $12,098,437 | $614iApproximate average salary by contribution assumption: employee only about $15,357 at 4% or $10,238 at 6%; with 50% employer match about $10,238 at 4% or $6,825 at 6%; with 100% employer match about $7,679 at 4% or $5,119 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 19,695 | $95,723,264 | $11,998,437 | $609iApproximate average salary by contribution assumption: employee only about $15,230 at 4% or $10,154 at 6%; with 50% employer match about $10,154 at 4% or $6,769 at 6%; with 100% employer match about $7,615 at 4% or $5,077 at 6%. |
| Leewards Pension Plan for Hourly Employees | - | 30 | $1,462,620 | $100,000 | $3,333iApproximate average salary by contribution assumption: employee only about $83,333 at 4% or $55,556 at 6%; with 50% employer match about $55,556 at 4% or $37,037 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%. |
| Michael Stores Inc. Long-Term Disability Plan | - | 7,569 | - | - | - |
| Michaels Stores Inc. Employee Benefit Plan | - | 7,569 | - | - | - |
| 2007 | 3 | 19,290 | $118,269,186 | $12,947,420 | $671iApproximate average salary by contribution assumption: employee only about $16,780 at 4% or $11,187 at 6%; with 50% employer match about $11,187 at 4% or $7,458 at 6%; with 100% employer match about $8,390 at 4% or $5,593 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 19,290 | $118,269,186 | $12,947,420 | $671iApproximate average salary by contribution assumption: employee only about $16,780 at 4% or $11,187 at 6%; with 50% employer match about $11,187 at 4% or $7,458 at 6%; with 100% employer match about $8,390 at 4% or $5,593 at 6%. |
| Michael Stores Inc. Long-Term Disability Plan | - | 2,915 | - | - | - |
| Michaels Stores Inc. Employee Benefit Plan | - | 6,660 | - | - | - |
| 2006 | 3 | 20,923 | $113,094,402 | $10,920,390 | $522iApproximate average salary by contribution assumption: employee only about $13,048 at 4% or $8,699 at 6%; with 50% employer match about $8,699 at 4% or $5,799 at 6%; with 100% employer match about $6,524 at 4% or $4,349 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 20,923 | $113,094,402 | $10,920,390 | $522iApproximate average salary by contribution assumption: employee only about $13,048 at 4% or $8,699 at 6%; with 50% employer match about $8,699 at 4% or $5,799 at 6%; with 100% employer match about $6,524 at 4% or $4,349 at 6%. |
| Michael Stores Inc. Long-Term Disability Plan | - | 2,932 | - | - | - |
| Michaels Stores Inc. Employee Benefit Plan | - | 7,400 | - | - | - |
| 2005 | 3 | 18,493 | $99,050,744 | $10,606,299 | $574iApproximate average salary by contribution assumption: employee only about $14,338 at 4% or $9,559 at 6%; with 50% employer match about $9,559 at 4% or $6,373 at 6%; with 100% employer match about $7,169 at 4% or $4,779 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 18,493 | $99,050,744 | $10,606,299 | $574iApproximate average salary by contribution assumption: employee only about $14,338 at 4% or $9,559 at 6%; with 50% employer match about $9,559 at 4% or $6,373 at 6%; with 100% employer match about $7,169 at 4% or $4,779 at 6%. |
| Michaels Stores Inc. Employee Benefit Plan | - | 7,623 | - | - | - |
| Michael Stores Inc. Long-Term Disability Plan | - | 2,764 | - | - | - |
| 2004 | 3 | 16,916 | $87,320,811 | $8,894,818 | $526iApproximate average salary by contribution assumption: employee only about $13,146 at 4% or $8,764 at 6%; with 50% employer match about $8,764 at 4% or $5,842 at 6%; with 100% employer match about $6,573 at 4% or $4,382 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 16,916 | $87,320,811 | $8,894,818 | $526iApproximate average salary by contribution assumption: employee only about $13,146 at 4% or $8,764 at 6%; with 50% employer match about $8,764 at 4% or $5,842 at 6%; with 100% employer match about $6,573 at 4% or $4,382 at 6%. |
| Michael Stores Inc. Long-Term Disability Plan | - | 2,820 | - | - | - |
| Michaels Stores Inc. Employee Benefit Plan | - | 8,123 | - | - | - |
| 2003 | 3 | 19,889 | $72,415,718 | $8,427,503 | $424iApproximate average salary by contribution assumption: employee only about $10,593 at 4% or $7,062 at 6%; with 50% employer match about $7,062 at 4% or $4,708 at 6%; with 100% employer match about $5,297 at 4% or $3,531 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 19,889 | $72,415,718 | $8,427,503 | $424iApproximate average salary by contribution assumption: employee only about $10,593 at 4% or $7,062 at 6%; with 50% employer match about $7,062 at 4% or $4,708 at 6%; with 100% employer match about $5,297 at 4% or $3,531 at 6%. |
| Michaels Stores Inc. Employee Benefit Plan | - | 7,945 | - | - | - |
| Michael Stores Inc. Long-Term Disability Plan | - | 2,578 | - | - | - |
| 2002 | 3 | 15,817 | $56,075,000 | $8,274,000 | $523iApproximate average salary by contribution assumption: employee only about $13,078 at 4% or $8,718 at 6%; with 50% employer match about $8,718 at 4% or $5,812 at 6%; with 100% employer match about $6,539 at 4% or $4,359 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 15,817 | $56,075,000 | $8,274,000 | $523iApproximate average salary by contribution assumption: employee only about $13,078 at 4% or $8,718 at 6%; with 50% employer match about $8,718 at 4% or $5,812 at 6%; with 100% employer match about $6,539 at 4% or $4,359 at 6%. |
| Michaels Stores Inc. Employee Benefit Plan | - | 11,112 | - | - | - |
| Michael Stores Inc. Long-Term Disability Plan | - | 2,319 | - | - | - |
| 2001 | 3 | 14,154 | $58,028,000 | $7,691,000 | $543iApproximate average salary by contribution assumption: employee only about $13,584 at 4% or $9,056 at 6%; with 50% employer match about $9,056 at 4% or $6,038 at 6%; with 100% employer match about $6,792 at 4% or $4,528 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 14,154 | $58,028,000 | $7,691,000 | $543iApproximate average salary by contribution assumption: employee only about $13,584 at 4% or $9,056 at 6%; with 50% employer match about $9,056 at 4% or $6,038 at 6%; with 100% employer match about $6,792 at 4% or $4,528 at 6%. |
| Michael Stores Inc. Long-Term Disability Plan | - | 2,305 | - | - | - |
| Michaels Stores Inc. Employee Benefit Plan | - | 8,337 | - | - | - |
| 2000 | 3 | 11,417 | $43,506,000 | $7,528,000 | $659iApproximate average salary by contribution assumption: employee only about $16,484 at 4% or $10,989 at 6%; with 50% employer match about $10,989 at 4% or $7,326 at 6%; with 100% employer match about $8,242 at 4% or $5,495 at 6%. |
| Michaels Stores Inc. Employees 401(K) Plan | - | 11,417 | $43,506,000 | $7,528,000 | $659iApproximate average salary by contribution assumption: employee only about $16,484 at 4% or $10,989 at 6%; with 50% employer match about $10,989 at 4% or $7,326 at 6%; with 100% employer match about $8,242 at 4% or $5,495 at 6%. |
| Michael Stores Inc. Long-Term Disability Plan | - | 2,168 | - | - | - |
| Michaels Stores Inc. Employee Benefit Plan | - | 5,966 | - | - | - |