401(k) · DOL Form 5500 · 2022

The Michaels Organization, LLC 401(k) Plan

Data updated 2026-08-25

$69M
Total assets Below avg plan size
2,036
Participants Near avg headcount
91st
Percentile by assets National rank
$34,072
Avg per participant Low balance/head
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Official DOL plan name: The Michaels Organization 401(k) Plan · Sponsored by The Michaels Organization, LLC · New Jersey · Real Estate

$69M in assets, 2,036 participants

The Michaels Organization, LLC's The Michaels Organization 401(k) Plan reported $69M in total assets and 2,036 participants in its 2022 DOL Form 5500 filing, ranking in the 91st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #4,910 in Real Estate (5,057 peers)

Coverage in New Jersey

The Michaels Organization 401(k) Plan covers 2,036 participants in New Jersey, 2.4x the typical New Jersey plan (state average ~844 per filing). Assets: $69M.

#4,910
in Real Estate (5,057 peers)
-10.7%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Michaels Organization 401(k) Plan's outsized position by total assets

The Michaels Organization 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$69,371,458 Top 9% higher than 91% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

The Michaels Organization 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Michaels Organization 401(k) Plan lands in the large band (2,036 participants).

EBSA filing schedule strip

Filing strip 474070382 · The Michaels Organization, LLC PY 2022 · 401(k)

The Michaels Organization 401(k) Plan · $69M · 2,036 · 91st

  • RANK $69M
  • PHOTO 2,036
  • IND 91st
  • EOY 401(k)
  • 5500 near Aaa Washington 401(k) Savings Plan
  • ASSETS ind #4910

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Real Estate retirement plans → · Plans in New Jersey →

The Michaels Organization 401(k) Plan in the asset neighbourhood

Lifetime Brands, Inc. 401(k) Savings PlanLifetime Brands, Inc. 401(k)…$69MThe Michaels Organization 401(k) PlanThe Michaels Organization 40…$69MAaa Washington 401(k) Savings PlanAaa Washington 401(k) Saving…$69MThe Pasha Group 401(k) Profit Sharing PlanThe Pasha Group 401(k) Profi…$69MMille Lacs Corporate Ventures Retirement PlanMille Lacs Corporate Venture…$69M
End-of-year total assets ($M) among The Michaels Organization 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New Jersey filing particulars

Total Assets (Beginning of Year)$78M
Net Assets (End of Year)$69M
Net Income-$8M
Employer EIN474070382
Plan Effective Date1985-10-31
Filing StatusFILING RECEIVED

Sponsor Plan History (The Michaels Organization, LLC)

Sponsor-wide plan assets over time

All The Michaels Organization, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$100M 44.479072358548386% vs 2022
2024 filing year
$60M$70M$80M$90M$100M$110M 202220232024 $69.4M $100M ▲ +44.5%
Year Plans Participants Total Assets
2022 1 2,036 $69M
2023 1 2,136 $85M
2024 1 2,491 $100M

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The Michaels Organization 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants The Michaels Organization 401(k) Plan, Total assets ($B): 0.069371458 · Participants: 2036The Michaels Organization 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 36.787229834 · Participants: 168280JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 25.16607858 · Participants: 76788Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 21.189900271 · Participants: 43271Johnson and Johnson Savings PlanPfizer Savings Plan, Total assets ($B): 17.828820505 · Participants: 27796Pfizer Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 12.40459021 · Participants: 52975Ernst & Young Retirement Savings Plan
The Michaels Organization 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare The Michaels Organization 401(k) Plan side-by-side with 3 peers →

The Michaels Organization 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Aaa Washington 401(k) Savings Plan in WA ($69M); by covered participants it is Captive-Aire Systems, Inc. 401(k) Plan in NC (2,036 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($69M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,036 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Michaels Organization 401(k) Plan assets move in 2022? ▼
The Michaels Organization 401(k) Plan pulled back noticeably - down 10.7% during 2022, from $78M to $69M. Reported net income was -$8M.
How have The Michaels Organization, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Michaels Organization, LLC's sponsor-wide assets grew 44.5%, from $69M to $100M.
Where does The Michaels Organization 401(k) Plan rank by assets among Form 5500 filers? ▼
The Michaels Organization 401(k) Plan ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to The Michaels Organization 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Aaa Washington 401(k) Savings Plan in WA ($69M, 567 participants).
Which 401(k) plans cover a similar participant headcount to The Michaels Organization 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Captive-Aire Systems, Inc. 401(k) Plan in NC (2,036 participants, $99M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 474070382.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.