401(k) · DOL Form 5500 · 2023

Michelsen Packaging Company 401(k) Plan

Data updated 2026-08-11

$72M
Total assets
169
Participants
89th
Percentile by assets
$428,345
Avg per participant
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Official DOL plan name: Michelsen Packaging Company 401(k) Plan · Sponsored by Michelsen Packaging Company · Washington · Manufacturing

$72M in assets, 169 participants

Michelsen Packaging Company's Michelsen Packaging Company 401(k) Plan reported $72M in total assets and 169 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 127,072 plans)
  • #15,637 in Manufacturing (18,722 peers)

Coverage in Washington

Michelsen Packaging Company 401(k) Plan covers 169 participants in Washington, about 11% of the average Washington filer (state average ~1,476 per filing). Assets: $72M.

$72M
total plan assets (2023 EOY)
169
covered participants
89th
percentile by assets (of 127,072 plans)
$428,345
avg assets per participant

Where Michelsen Packaging Company 401(k) Plan sits by total assets

Michelsen Packaging Company 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$72,390,308 Top 11% higher than 89% of 127,068 filed plans

This plan $0 $2,010,000,000 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michelsen Packaging Company 401(k) Plan reported net income rose from -$12M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Michelsen Packaging Company 401(k) Plan end-of-year assets rose from $65M in the plan year 2022 filing to $72M in the plan year 2023 filing.
  • Michelsen Packaging Company 401(k) Plan reported participants fell from 177 in the plan year 2022 filing to 169 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Washington
Industry
Manufacturing

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Michelsen Packaging Company 401(k) Plan reports 169 participants - about 11% of that state average ($72M EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$65M
Net Assets (End of Year)$72M
Net Income$7M
Employer EIN910598777
Plan Effective Date1969-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michelsen Packaging Company)

$60M$65M$70M$75M 202220232024 $65.3M $70.2M ▲ +7.4%
Total plan assets by year, all Michelsen Packaging Company plans on file
Year Plans Participants Total Assets
2022 1 177 $65M
2023 1 169 $72M
2024 1 163 $70M

Nearby 401(k) Plans in Washington

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

Michelsen Packaging Company 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Michelsen Packaging …, Total assets ($B): 0.072390308 · Participants: 169Michelsen Packaging …The Boeing Company 4…, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 4…Microsoft Corporatio…, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporatio…Costco 401(k) Retire…, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retire…T-Mobile USA, Inc. 4…, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 4…401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Michelsen Packaging Company 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Michelsen Packaging Company 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Michelsen Packaging Company 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Michelsen Packaging Company 401(k) Plan assets move in 2023? ▼
Michelsen Packaging Company 401(k) Plan grew at a solid clip - up 10.8% during 2023, from $65M to $72M. Reported net income was $7M.
How have Michelsen Packaging Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Michelsen Packaging Company's sponsor-wide assets grew 7.4%, from $65M to $70M.
Where does Michelsen Packaging Company 401(k) Plan rank by assets among Form 5500 filers? ▼
Michelsen Packaging Company 401(k) Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Michelsen Packaging Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Visible Changes 401(k) and Profit Sharing Plan in TX ($72M, 382 participants).

Next read for Michelsen Packaging Company 401(k) Plan

Filing takeaways

Ways to act on Michelsen Packaging Company 401(k) Plan's numbers.

  • By total assets, Michelsen Packaging Company 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Washington. Compare plans
  • Michelsen Packaging Company's sponsor-wide assets have grown 7.4% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 910598777.

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.