Michaels Stores, Inc. — Form 5500 filings & benefit plans

Form 5500 plan sponsor summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Michaels Stores, Inc. (EIN 75-1943604) is a plan sponsor located in Irving, TX with 2 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
75-1943604
Location
Irving, TX
Loaded plans
2
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Michaels Stores, Inc.

  • 2 loaded plans hold $307M in reported assets.
  • The largest, Michaels Stores, Inc. Employees 401(K) Plan, holds 100% of this company's reported plan assets.
  • Plans cover 38,543 reported participants.
  • 1 of 2 plans report full financial statements.
  • 1 report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$307MSummed across loaded plans$307,002,488
Total reported assets$307M$307,002,488
Total reported participants38.5K38,543
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$307M total assets
Net assets$307MLiabilities$0
Contributions & income
Employer contributions$8.9M
Participant contributions$18.3M
Total income / additions$76.1M
Expenses & distributions
Benefits paid / distributions$36.6M
Total expenses$37.3M
Net increase / (decrease)$38.8M

Data coverage

Plans with financial statements1 / 2 (50%)
Plans with provider compensation1 / 2 (50%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets100%Michaels Stores, Inc. Employees 401(K) Plan
Participants per plan19,272Average across loaded plans
Loaded plans2
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Plan #001 · 23,215 participants · 2023
  2. 2
    Michaels Stores, Inc. Employee Benefit Plannot reported in the loaded dataset
    Plan #501 · 15,328 participants · 2023
EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Michaels Stores, Inc.. Open one for its full reported snapshot.

  1. 2023
    Michaels Stores, Inc. Employee Benefit Plan15,328 participants · 2No schedules
    View filing →
  2. 2023
    Michaels Stores, Inc. Employees 401(K) Plan23,215 participants · 2Sch HSch C
    View filing →
  3. 2023
    Michaels Stores, Inc. Employee Benefit Plan33,974 participants · 2No schedules
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Michaels Stores, Inc. report on Form 5500?
Michaels Stores, Inc. (EIN 75-1943604) reports 2 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Michaels Stores, Inc.?
The Employer Identification Number (EIN) reported for Michaels Stores, Inc. is 75-1943604.
What is the latest Form 5500 filing year for Michaels Stores, Inc.?
The latest loaded Form 5500 filing year for Michaels Stores, Inc. is 2023.

Related Form 5500 pages