401(k) · DOL Form 5500 · 2024

The Michaels Organization, LLC 401(k) Plan

Data updated 2026-08-25

$100M
Total assets Near avg plan size
2,491
Participants Above avg headcount
90th
Percentile by assets National rank
$40,236
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

$100M in assets, 2,491 participants

The Michaels Organization, LLC's The Michaels Organization 401(k) Plan reported $100M in total assets and 2,491 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #4,463 in Real Estate (4,605 peers)

Coverage in New Jersey

The Michaels Organization 401(k) Plan covers 2,491 participants in New Jersey, 3.0x the typical New Jersey plan (state average ~844 per filing). Assets: $100M.

#4,463
in Real Estate (4,605 peers)
+17.6%
assets growth YoY
1.0×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$100,227,239 Top 10% higher than 90% of 123,620 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 2024

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

Plan-year 2024 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 (2,491 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Michaels Organization 401(k) Plan end-of-year assets rose from $85M in the plan year 2023 filing to $100M in the plan year 2024 filing.
  • The Michaels Organization 401(k) Plan reported participants rose from 2,136 in the plan year 2023 filing to 2,491 in the plan year 2024 filing.
  • The Michaels Organization 401(k) Plan reported net income fell from $16M in the plan year 2023 filing to $15M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 474070382 · The Michaels Organization, LLC PY 2024 · 401(k)

The Michaels Organization 401(k) Plan · $100M · 2,491 · 90th

  • ASSETS $100M
  • ASSETS 2,491
  • ASSETS 90th
  • ASSETS 401(k)
  • ASSETS near The Gcc 401(k) Plan
  • ASSETS ind #4463

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

Western Emergency Physicians 401(k) Profit Sharing PlanWestern Emergency Physicians…$100MThe Michaels Organization 401(k) PlanThe Michaels Organization 40…$100MThe Gcc 401(k) Plan$100MM S International, Inc. 401(k) Profit Sharing PlanM S International, Inc. 401(…$100MUnite Here Local 26 401(k) PlanUnite Here Local 26 401(k) P…$100M
End-of-year total assets ($M) among The Michaels Organization 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$85M
Net Assets (End of Year)$100M
Net Income$15M
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 -200204060 Total assets ($B) Participants The Michaels Organization 401(k) Plan, Total assets ($B): 0.100227239 · Participants: 2491The Michaels Organization 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US 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 The Gcc 401(k) Plan in TX ($100M); by covered participants it is Liberty Utilities National 401(k) Plan in AZ (2,492 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($100M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,491 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
The Michaels Organization 401(k) Plan grew sharply - up 17.6% during 2024, from $85M to $100M. Reported net income was $15M.
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 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 The Gcc 401(k) Plan in TX ($100M, 1,311 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 Liberty Utilities National 401(k) Plan in AZ (2,492 participants, $443M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.