Civic Intelligence

Michaels Incorporated

Plan context: Michaels Incorporated Profit Sharing Plan

EIN 85-0279831 • Taos, NM • 24 filings • 5 plans

304 Paseo Del Pueblo NorteSuite CTaos, NM 87571
Current Snapshot

Latest Year

2024

2024 Participants

7

2024 Assets

$72,983

2024 Contributions

$590

Historical Graphs

Total Assets Over Time

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

$421,502$210,751$0199920132024YearValue
$72,983Latest year 2024

Participants Over Time

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

65330199920132024YearValue
7Latest 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
202417$72,983$590$84iApproximate average salary by contribution assumption: employee only about $2,107 at 4% or $1,405 at 6%; with 50% employer match about $1,405 at 4% or $937 at 6%; with 100% employer match about $1,054 at 4% or $702 at 6%.
Michaels Incorporated Profit Sharing Plan-7$72,983$590$84iApproximate average salary by contribution assumption: employee only about $2,107 at 4% or $1,405 at 6%; with 50% employer match about $1,405 at 4% or $937 at 6%; with 100% employer match about $1,054 at 4% or $702 at 6%.
2023124$201,228$8,366$349iApproximate average salary by contribution assumption: employee only about $8,715 at 4% or $5,810 at 6%; with 50% employer match about $5,810 at 4% or $3,873 at 6%; with 100% employer match about $4,357 at 4% or $2,905 at 6%.
Michaels Incorporated Profit Sharing Plan-24$201,228$8,366$349iApproximate average salary by contribution assumption: employee only about $8,715 at 4% or $5,810 at 6%; with 50% employer match about $5,810 at 4% or $3,873 at 6%; with 100% employer match about $4,357 at 4% or $2,905 at 6%.
2022131$186,245$10,327$333iApproximate average salary by contribution assumption: employee only about $8,328 at 4% or $5,552 at 6%; with 50% employer match about $5,552 at 4% or $3,701 at 6%; with 100% employer match about $4,164 at 4% or $2,776 at 6%.
Michaels Incorporated Profit Sharing Plan-31$186,245$10,327$333iApproximate average salary by contribution assumption: employee only about $8,328 at 4% or $5,552 at 6%; with 50% employer match about $5,552 at 4% or $3,701 at 6%; with 100% employer match about $4,164 at 4% or $2,776 at 6%.
2021128$225,723$9,440$337iApproximate average salary by contribution assumption: employee only about $8,429 at 4% or $5,619 at 6%; with 50% employer match about $5,619 at 4% or $3,746 at 6%; with 100% employer match about $4,214 at 4% or $2,810 at 6%.
Michaels Incorporated Profit Sharing Plan-28$225,723$9,440$337iApproximate average salary by contribution assumption: employee only about $8,429 at 4% or $5,619 at 6%; with 50% employer match about $5,619 at 4% or $3,746 at 6%; with 100% employer match about $4,214 at 4% or $2,810 at 6%.
2020128$192,986$10,401$371iApproximate average salary by contribution assumption: employee only about $9,287 at 4% or $6,191 at 6%; with 50% employer match about $6,191 at 4% or $4,127 at 6%; with 100% employer match about $4,643 at 4% or $3,096 at 6%.
Michaels Incorporated Profit Sharing Plan-28$192,986$10,401$371iApproximate average salary by contribution assumption: employee only about $9,287 at 4% or $6,191 at 6%; with 50% employer match about $6,191 at 4% or $4,127 at 6%; with 100% employer match about $4,643 at 4% or $3,096 at 6%.
2019128$165,547$10,330$369iApproximate average salary by contribution assumption: employee only about $9,223 at 4% or $6,149 at 6%; with 50% employer match about $6,149 at 4% or $4,099 at 6%; with 100% employer match about $4,612 at 4% or $3,074 at 6%.
Michaels Incorporated Profit Sharing Plan-28$165,547$10,330$369iApproximate average salary by contribution assumption: employee only about $9,223 at 4% or $6,149 at 6%; with 50% employer match about $6,149 at 4% or $4,099 at 6%; with 100% employer match about $4,612 at 4% or $3,074 at 6%.
2018121$214,286$8,786$418iApproximate average salary by contribution assumption: employee only about $10,460 at 4% or $6,973 at 6%; with 50% employer match about $6,973 at 4% or $4,649 at 6%; with 100% employer match about $5,230 at 4% or $3,487 at 6%.
Michaels Incorporated Profit Sharing Plan-21$214,286$8,786$418iApproximate average salary by contribution assumption: employee only about $10,460 at 4% or $6,973 at 6%; with 50% employer match about $6,973 at 4% or $4,649 at 6%; with 100% employer match about $5,230 at 4% or $3,487 at 6%.
2017120$366,678$17,639$882iApproximate average salary by contribution assumption: employee only about $22,049 at 4% or $14,699 at 6%; with 50% employer match about $14,699 at 4% or $9,799 at 6%; with 100% employer match about $11,024 at 4% or $7,350 at 6%.
Michaels Incorporated Profit Sharing Plan-20$366,678$17,639$882iApproximate average salary by contribution assumption: employee only about $22,049 at 4% or $14,699 at 6%; with 50% employer match about $14,699 at 4% or $9,799 at 6%; with 100% employer match about $11,024 at 4% or $7,350 at 6%.
2016134$379,943$672$20iApproximate average salary by contribution assumption: employee only about $494 at 4% or $329 at 6%; with 50% employer match about $329 at 4% or $220 at 6%; with 100% employer match about $247 at 4% or $165 at 6%.
Michaels Incorporated Profit Sharing Plan-34$379,943$672$20iApproximate average salary by contribution assumption: employee only about $494 at 4% or $329 at 6%; with 50% employer match about $329 at 4% or $220 at 6%; with 100% employer match about $247 at 4% or $165 at 6%.
2015134$366,776$490$14iApproximate average salary by contribution assumption: employee only about $360 at 4% or $240 at 6%; with 50% employer match about $240 at 4% or $160 at 6%; with 100% employer match about $180 at 4% or $120 at 6%.
Michaels Incorporated Profit Sharing Plan-34$366,776$490$14iApproximate average salary by contribution assumption: employee only about $360 at 4% or $240 at 6%; with 50% employer match about $240 at 4% or $160 at 6%; with 100% employer match about $180 at 4% or $120 at 6%.
2014146$374,548$304$7iApproximate average salary by contribution assumption: employee only about $165 at 4% or $110 at 6%; with 50% employer match about $110 at 4% or $73 at 6%; with 100% employer match about $83 at 4% or $55 at 6%.
Michaels Incorporated Profit Sharing Plan-46$374,548$304$7iApproximate average salary by contribution assumption: employee only about $165 at 4% or $110 at 6%; with 50% employer match about $110 at 4% or $73 at 6%; with 100% employer match about $83 at 4% or $55 at 6%.
2013147$386,058$542$12iApproximate average salary by contribution assumption: employee only about $288 at 4% or $192 at 6%; with 50% employer match about $192 at 4% or $128 at 6%; with 100% employer match about $144 at 4% or $96 at 6%.
Michaels Incorporated Profit Sharing Plan-47$386,058$542$12iApproximate average salary by contribution assumption: employee only about $288 at 4% or $192 at 6%; with 50% employer match about $192 at 4% or $128 at 6%; with 100% employer match about $144 at 4% or $96 at 6%.
2012150$327,385$2,039$41iApproximate average salary by contribution assumption: employee only about $1,020 at 4% or $680 at 6%; with 50% employer match about $680 at 4% or $453 at 6%; with 100% employer match about $510 at 4% or $340 at 6%.
Michaels Incorporated Profit Sharing Plan-50$327,385$2,039$41iApproximate average salary by contribution assumption: employee only about $1,020 at 4% or $680 at 6%; with 50% employer match about $680 at 4% or $453 at 6%; with 100% employer match about $510 at 4% or $340 at 6%.
2011158$335,784$3,345$58iApproximate average salary by contribution assumption: employee only about $1,442 at 4% or $961 at 6%; with 50% employer match about $961 at 4% or $641 at 6%; with 100% employer match about $721 at 4% or $481 at 6%.
Michaels Incorporated Profit Sharing Plan-58$335,784$3,345$58iApproximate average salary by contribution assumption: employee only about $1,442 at 4% or $961 at 6%; with 50% employer match about $961 at 4% or $641 at 6%; with 100% employer match about $721 at 4% or $481 at 6%.
2010162$338,572$3,616$58iApproximate average salary by contribution assumption: employee only about $1,458 at 4% or $972 at 6%; with 50% employer match about $972 at 4% or $648 at 6%; with 100% employer match about $729 at 4% or $486 at 6%.
Michaels Incorporated Profit Sharing Plan-62$338,572$3,616$58iApproximate average salary by contribution assumption: employee only about $1,458 at 4% or $972 at 6%; with 50% employer match about $972 at 4% or $648 at 6%; with 100% employer match about $729 at 4% or $486 at 6%.
2009165$319,221$2,442$38iApproximate average salary by contribution assumption: employee only about $939 at 4% or $626 at 6%; with 50% employer match about $626 at 4% or $417 at 6%; with 100% employer match about $470 at 4% or $313 at 6%.
Michaels Incorporated Profit Sharing Plan-65$319,221$2,442$38iApproximate average salary by contribution assumption: employee only about $939 at 4% or $626 at 6%; with 50% employer match about $626 at 4% or $417 at 6%; with 100% employer match about $470 at 4% or $313 at 6%.
2008129$282,332$3,096$107iApproximate average salary by contribution assumption: employee only about $2,669 at 4% or $1,779 at 6%; with 50% employer match about $1,779 at 4% or $1,186 at 6%; with 100% employer match about $1,334 at 4% or $890 at 6%.
Michaels Incorporated Profit Sharing Plan-29$282,332$3,096$107iApproximate average salary by contribution assumption: employee only about $2,669 at 4% or $1,779 at 6%; with 50% employer match about $1,779 at 4% or $1,186 at 6%; with 100% employer match about $1,334 at 4% or $890 at 6%.
2007134$0$0-
Michaels Incorporated Profit Sharing Plan-34---
2006151$379,364$0-
Michaels Incorporated Profit Sharing Plan-51$379,364--
2005146$394,446$0-
Michaels Incorporated Profit Sharing Plan-46$394,446--
2004144$421,502$27,354$622iApproximate average salary by contribution assumption: employee only about $15,542 at 4% or $10,361 at 6%; with 50% employer match about $10,361 at 4% or $6,908 at 6%; with 100% employer match about $7,771 at 4% or $5,181 at 6%.
Michaels Incorporated Profit Sharing Plan-44$421,502$27,354$622iApproximate average salary by contribution assumption: employee only about $15,542 at 4% or $10,361 at 6%; with 50% employer match about $10,361 at 4% or $6,908 at 6%; with 100% employer match about $7,771 at 4% or $5,181 at 6%.
2003144$342,156$27,271$620iApproximate average salary by contribution assumption: employee only about $15,495 at 4% or $10,330 at 6%; with 50% employer match about $10,330 at 4% or $6,887 at 6%; with 100% employer match about $7,747 at 4% or $5,165 at 6%.
Michaels Incorporated Profit Sharing Plan-44$342,156$27,271$620iApproximate average salary by contribution assumption: employee only about $15,495 at 4% or $10,330 at 6%; with 50% employer match about $10,330 at 4% or $6,887 at 6%; with 100% employer match about $7,747 at 4% or $5,165 at 6%.
2000144$309,856$25,000$568iApproximate average salary by contribution assumption: employee only about $14,205 at 4% or $9,470 at 6%; with 50% employer match about $9,470 at 4% or $6,313 at 6%; with 100% employer match about $7,102 at 4% or $4,735 at 6%.
Michaels Incorporated Profit Sharing Plan-44$309,856$25,000$568iApproximate average salary by contribution assumption: employee only about $14,205 at 4% or $9,470 at 6%; with 50% employer match about $9,470 at 4% or $6,313 at 6%; with 100% employer match about $7,102 at 4% or $4,735 at 6%.
1999142$401,476$30,000$714iApproximate average salary by contribution assumption: employee only about $17,857 at 4% or $11,905 at 6%; with 50% employer match about $11,905 at 4% or $7,937 at 6%; with 100% employer match about $8,929 at 4% or $5,952 at 6%.
Michaels Incorporated Profit Sharing Plan-42$401,476$30,000$714iApproximate average salary by contribution assumption: employee only about $17,857 at 4% or $11,905 at 6%; with 50% employer match about $11,905 at 4% or $7,937 at 6%; with 100% employer match about $8,929 at 4% or $5,952 at 6%.