401(k) · DOL Form 5500 · 2022

Michels Corporation 401(k) Plan

Data updated 2026-08-25

$196M
Total assets Near avg plan size
2,026
Participants Near avg headcount
96th
Percentile by assets National rank
$96,851
Avg per participant Below avg balance/head
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Official DOL plan name: Michels Corporation 401(k) Savings Plan · Sponsored by Michels Corporation · Wisconsin · Construction

$196M in assets, 2,026 participants

Michels Corporation's Michels Corporation 401(k) Savings Plan reported $196M in total assets and 2,026 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #9,415 in Construction (9,927 peers)

Coverage in Wisconsin

Michels Corporation 401(k) Savings Plan covers 2,026 participants in Wisconsin, 3.6x the typical Wisconsin plan (state average ~563 per filing). Assets: $196M.

#9,415
in Construction (9,927 peers)
-12.7%
assets change YoY
2.0×
vs typical plan assets (national mean)

The plan reported a net loss of $29M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Michels Corporation 401(k) Savings Plan's outsized position by total assets

Michels Corporation 401(k) Savings Plan vs every filed plan by assets

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

$196,220,903 Top 4% higher than 96% 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

Michels Corporation 401(k) Savings 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. Michels Corporation 401(k) Savings Plan lands in the large band (2,026 participants).

DOL schedule card

Filing strip 390970311 · Michels Corporation PY 2022 · 401(k)

Michels Corporation 401(k) Savings Plan · $196M · 2,026 · 96th

  • NET $196M
  • BOOK 2,026
  • VS-ST 96th
  • BOY 401(k)
  • SCH near Wayne Farms LLC Non-Union Employees' Savings Plan
  • EBSA ind #9415

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 Construction retirement plans → · Plans in Wisconsin →

Michels Corporation 401(k) Savings Plan in the asset neighbourhood

Allegro Microsystems, LLC Employees' Retirement Savings PlanAllegro Microsystems, LLC Em…$196MBristol-Myers Squibb Puerto Rico, Inc. Savings and Investment ProgramBristol-Myers Squibb Puerto …$196MDigital Realty Trust, L.P. 401(k) PlanDigital Realty Trust, L.P. 4…$196MWayne Farms LLC Non-Union Employees' Savings PlanWayne Farms LLC Non-Union Em…$196MMichels Corporation 401(k) Savings PlanMichels Corporation 401(k) S…$196M
End-of-year total assets ($M) among Michels Corporation 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Wisconsin filing particulars

Total Assets (Beginning of Year)$225M
Net Assets (End of Year)$196M
Net Income-$29M
Employer EIN390970311
Plan Effective Date1980-01-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Michels Corporation)

Sponsor-wide plan assets over time

All Michels Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$276M 40.667939439663066% vs 2022
2024 filing year
$150M$200M$250M$300M 202220232024 $196M $276M ▲ +40.7%
Year Plans Participants Total Assets
2022 1 2,026 $196M
2023 1 2,141 $237M
2024 1 2,356 $276M

Nearby 401(k) Plans in Wisconsin

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

Michels Corporation 401(k) Savings Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 -20246 Total assets ($B) Participants Michels Corporation 401(k) Savings Plan, Total assets ($B): 0.196220903 · Participants: 2026Michels Corporation 401(k) Savings PlanJohnson Controls Retirement Savings and Investment Plan, Total assets ($B): 5.548820507 · Participants: 28701Johnson Controls Retirement Savings and Investment PlanFiserv 401(k) Savings Plan, Total assets ($B): 4.339639169 · Participants: 26610Fiserv 401(k) Savings PlanKimberly-Clark Corporation 401(k) & Profit Sharing Plan, Total assets ($B): 3.978902 · Participants: 11034Kimberly-Clark Corporation 401(k) & Profit Sharing PlanRockwell Automation Retirement Savings Plan, Total assets ($B): 3.151693798 · Participants: 8032Rockwell Automation Retirement Savings PlanNm Employee Savings Plan, Total assets ($B): 2.385991887 · Participants: 7423Nm Employee Savings Plan
Michels Corporation 401(k) Savings Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants
Compare Michels Corporation 401(k) Savings Plan side-by-side with 3 peers →

Michels Corporation 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Wisconsin, the nearest 401(k) by assets is Wayne Farms LLC Non-Union Employees' Savings Plan in GA ($196M); by covered participants it is Tax-Deferred Retirement Investment Plan of the Boler Company in IL (2,026 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,026 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 Michels Corporation 401(k) Savings Plan assets move in 2022? ▼
Michels Corporation 401(k) Savings Plan pulled back noticeably - down 12.7% during 2022, from $225M to $196M. Reported net income was -$29M.
How have Michels Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Michels Corporation's sponsor-wide assets grew 40.7%, from $196M to $276M.
Where does Michels Corporation 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Michels Corporation 401(k) Savings Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Michels Corporation 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Wayne Farms LLC Non-Union Employees' Savings Plan in GA ($196M, 3,976 participants).
Which 401(k) plans cover a similar participant headcount to Michels Corporation 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tax-Deferred Retirement Investment Plan of the Boler Company in IL (2,026 participants, $43M 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 390970311.

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.