401(k) · DOL Form 5500 · 2024
The Michaels Organization, LLC 401(k) Plan
Data updated 2026-08-11
- $100M
- Total assets
- 2,491
- Participants
- 90th
- Percentile by assets
- $40,236
- Avg per participant
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.
- 90th percentile by assets (of 123,622 plans)
- #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.
- $100M
- total plan assets (2024 EOY)
- 2,491
- covered participants
- 90th
- percentile by assets (of 123,622 plans)
- $40,236
- avg assets per participant
Where The Michaels Organization 401(k) Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
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.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. The Michaels Organization 401(k) Plan reports 2,491 participants - 3.0x that state average ($100M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $85M |
|---|---|
| Net Assets (End of Year) | $100M |
| Net Income | $15M |
| Employer EIN | 474070382 |
| Plan Effective Date | 1985-10-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Michaels Organization, LLC)
| 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
- JPMorgan Chase 401(k) Savings Plan $52.9B · 185,532
- Verizon Savings Plan for Management Employees $29.4B · 69,218
- Johnson and Johnson Savings Plan $23.6B · 42,583
- Ernst & Young Retirement Savings Plan $18.3B · 56,714
- Merck US Savings Plan $15.0B · 27,956
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Michaels Organization 401(k) Plan by total assets, not by location.
- The Gcc 401(k) Plan (TX) $100M · 1,311
- M S International, Inc. 401(k) Profit Sharing Plan (CA) $100M · 2,063
- Unite Here Local 26 401(k) Plan (MA) $100M · 3,229
- Western Emergency Physicians 401(k) Profit Sharing Plan (NV) $100M · 67
Frequently Asked Questions
How did The Michaels Organization 401(k) Plan assets move in 2024? ▼
How have The Michaels Organization, LLC plan assets changed over time? ▼
Where does The Michaels Organization 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The Michaels Organization 401(k) Plan? ▼
Next read for The Michaels Organization 401(k) Plan
Filing takeaways
Ways to act on The Michaels Organization 401(k) Plan's numbers.
- By total assets, The Michaels Organization 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
- The Michaels Organization, LLC's sponsor-wide assets have grown 44.5% since 2022 across 3 plan years on file. More Real Estate plans