401(k) · DOL Form 5500 · 2024
Michels Corporation 401(k) Plan
Data updated 2026-08-11
- $276M
- Total assets
- 2,356
- Participants
- 95th
- Percentile by assets
- $117,156
- Avg per participant
Official DOL plan name: Michels Corporation 401(k) Savings Plan · Sponsored by Michels Corporation · Wisconsin · Construction
$276M in assets, 2,356 participants
Michels Corporation's Michels Corporation 401(k) Savings Plan reported $276M in total assets and 2,356 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 123,622 plans)
- #8,574 in Construction (9,039 peers)
Coverage in Wisconsin
Michels Corporation 401(k) Savings Plan covers 2,356 participants in Wisconsin, 4.2x the typical Wisconsin plan (state average ~563 per filing). Assets: $276M.
- $276M
- total plan assets (2024 EOY)
- 2,356
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $117,156
- avg assets per participant
Where Michels Corporation 401(k) Savings Plan sits by total assets
Michels Corporation 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$276,019,901 Top 5% higher than 95% 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
- Michels Corporation 401(k) Savings Plan end-of-year assets rose from $237M in the plan year 2023 filing to $276M in the plan year 2024 filing.
- Michels Corporation 401(k) Savings Plan reported participants rose from 2,141 in the plan year 2023 filing to 2,356 in the plan year 2024 filing.
- Michels Corporation 401(k) Savings Plan reported net income fell from $41M in the plan year 2023 filing to $39M in the plan year 2024 filing.
Participants vs Wisconsin filers
In Wisconsin, the average filing covers about 563 participants across 2,940 plans. Michels Corporation 401(k) Savings Plan reports 2,356 participants - 4.2x that state average ($276M EOY assets).
Wisconsin filing particulars
| Total Assets (Beginning of Year) | $237M |
|---|---|
| Net Assets (End of Year) | $276M |
| Net Income | $39M |
| Employer EIN | 390970311 |
| Plan Effective Date | 1980-01-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Michels Corporation)
| 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
- Advocate Aurora Health 401(k) Plan $10.5B · 80,015
- Johnson Controls Retirement Savings and Investment Plan $7.2B · 28,489
- Fiserv 401(k) Savings Plan $5.1B · 26,372
- Kimberly-Clark Corporation 401(k) & Profit Sharing Plan $5.0B · 11,661
- Rockwell Automation Retirement Savings Plan $3.8B · 9,217
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Michels Corporation 401(k) Savings Plan by total assets, not by location.
- Corvel Incentive Savings Plan (OR) $276M · 4,132
- Consilio 401(k) Plan (DC) $276M · 5,009
- Haemonetics Corporation Savings Plus Plan (MA) $276M · 1,254
- The Geo Save 401(k) Plan (FL) $276M · 13,624
Frequently Asked Questions
How did Michels Corporation 401(k) Savings Plan assets move in 2024? ▼
How have Michels Corporation plan assets changed over time? ▼
Where does Michels Corporation 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Michels Corporation 401(k) Savings Plan? ▼
Next read for Michels Corporation 401(k) Savings Plan
Filing takeaways
Ways to act on Michels Corporation 401(k) Savings Plan's numbers.
- By total assets, Michels Corporation 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Wisconsin. Compare plans
- Michels Corporation's sponsor-wide assets have grown 40.7% since 2022 across 3 plan years on file. More Construction plans