401(k) · DOL Form 5500 · 2023

Michelsen Packaging Company 401(k) Plan

Data updated 2026-08-25

$72M
Total assets Below avg plan size
169
Participants Small participant base
89th
Percentile by assets National rank
$428,345
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#15,637
in Manufacturing (18,722 peers)
+10.8%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Michelsen Packaging Company 401(k) Plan's outsized position 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 $2,050,000,000 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 2023

Michelsen Packaging Company 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michelsen Packaging Company 401(k) Plan sits mid-pack in the medium band (169 participants).

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 →

EBSA filing schedule strip

Filing strip 910598777 · Michelsen Packaging Company PY 2023 · 401(k)

Michelsen Packaging Company 401(k) Plan · $72M · 169 · 89th

  • NET $72M
  • BOOK 169
  • VS-ST 89th
  • BOY 401(k)
  • SCH near Visible Changes 401(k) and Profit Sharing Plan
  • EBSA ind #15637

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 Manufacturing retirement plans → · Plans in Washington →

Michelsen Packaging Company 401(k) Plan in the asset neighbourhood

The Bridgespan Group 401(k) PlanThe Bridgespan Group 401(k) …$72MFrankfurt Kurnit Klein & Selz P.C. 401(k) Profit Sharing Plan for Shareholder Attorneys and StaffFrankfurt Kurnit Klein & Sel…$72MRetirement Savings Plan for Employees of Boh Company, LLC, Boh Bros.Retirement Savings Plan for …$72MMichelsen Packaging Company 401(k) PlanMichelsen Packaging Company …$72MVisible Changes 401(k) and Profit Sharing PlanVisible Changes 401(k) and P…$72M
End-of-year total assets ($M) among Michelsen Packaging Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All Michelsen Packaging Company plans reported in each filing year

Latest sponsor-wide plan assets
$70M 7.405482995754248% vs 2022
2024 filing year
$60M$65M$70M$75M 202220232024 $65.3M $70.2M ▲ +7.4%
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 ($B) Participants Michelsen Packaging Company 401(k) Plan, Total assets ($B): 0.072390308 · Participants: 169Michelsen Packaging Company 401(k) PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(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 →

Michelsen Packaging Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Visible Changes 401(k) and Profit Sharing Plan in TX ($72M); by covered participants it is Baker Roofing Company 401(k) Profit Sharing Plan in NC (169 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (169 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Michelsen Packaging Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Baker Roofing Company 401(k) Profit Sharing Plan in NC (169 participants, N/A in assets).

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.